Coca-Cola to cut 1,200 jobs due to stalled growth
According to Fortune, Coca-Cola has announced it will cut 1,200 jobs beginning in the second half of 2017 and carrying into 2018 as it tries to become “faster and more … Continue Reading →
Tag: Growth
‘No growth hormones’ tops consumer concern in animal products
For many consumers, buying a gallon of milk is much more complex than finding the preferred fat content and expiration date. IFT Daily News
Hershey names chief growth officer
The Hershey Co. announced that Mary Beth West will be its new senior vice-president and chief growth officer, joining the company May 1. IFT Daily News
U.S. QSR growth stalls in 2016, full-service visits decline
Quick-service restaurants (QSRs), which represent 80% of total commercial foodservice visits, realized no traffic growth in 2016 and total foodservice traffic dipped slightly, reports The NPD Group, a global information … Continue Reading →
Pure Growth Organic receives minority investment from Sunrise Strategic Partners
Sunrise Strategic Partners, a Boulder, Colo.-based accelerator of emerging brands co-founded by Steve Hughes and Trilantic North America, has announced a minority investment in Pure Growth Organic, producer and marketer … Continue Reading →
Tempered U.S. restaurant industry growth for 2017
As consumer traffic declines, it appears that both 2016 and 2017 will not be as positive as first anticipated based on Technomic’s U.S. restaurant industry forecast released in May 2016. … Continue Reading →
Bagged salads may promote growth of Salmonella
A study published in Applied and Environmental Microbiology shows that small amounts of damage to salad leaves in bagged salads may encourage the presence of Salmonella enterica. IFT Daily News
Britain leads global foodservice traffic growth in second quarter
The NPD Group has reported that Britain was the strongest global foodservice market for the second quarter (ended June 30), driven by increases in traffic and average spend per eater. … Continue Reading →
Top 250 fast-casual chains reach double-digit sales growth once again
Results for Technomic’s annual “Top 250 Fast-Casual Chain Restaurant Report” show that 2015 was another year of industry-leading growth for the fast-casual dining segment. IFT Daily News
Store brands’ sales growth continues
Store brands’ sales reached $ 118.4 billion in 2015, an all-time record and an increase of $ 2.2 billion over the previous year. IFT Daily News