MolliCoolz Shakers, made with tiny ice cream beads, hit thousands of stores this year, but overall, new food and beverage product launches are down along with the economy.
Food industry observers expected today that Kraft Foods Inc. might further discuss its reported plans to halve its base of an estimated 70,000 suppliers.
Poultry giant Pilgrim's Pride Corporation, Pittsburg, Texas, and several of its subsidiaries will file a joint plan of reorganization and disclosure statement under Chapter 11 of the Bankruptcy Code.
Citing her work to reinvigorate ConAgra Foods' brands, Brandweek
recently honored Joan Chow, ConAgra's executive vice president and
chief marketing officer, as one of the magazine's 12 annual "Marketers
of the Year."
Consumers are willing to pay more for a specialty burger, especially a premium burger, than they are for a standard burger, regardless of restaurant segment.
C. Larry Pope, CEO for Smithfield Foods, said last week that the company is becoming a packaged-foods company, relying less on hogs and fresh pork products.
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