Food & Drink Weekly back issues from Monday, July 20:
In an Effort to Cut Costs and Pay for New Kitchen System, McDonald's Lays Off Workers
Jul 20, 1998 ... As expected, McDonald's Corp. announced in its quarterly report that it plans to take a pre-tax charge of $350 million in the second- quarter for previously announced lay offs and to pay for a new U.S. food preparation system, the fast-food giant announced last week. The Oak Brook, ...
Retail Coffee Price Cuts Not Seen Raising Consumption; Higher Quality Brews Do
Jul 20, 1998 ... Hoping to entice consumers, Folgers and Maxwell House - the leading supermarket brands of coffee in the United States - recently lowered their retail prices. But, the coffee price cuts are not likely to help to turn around ailing U.S. coffee consumption, analysts say.Recently, ...
Consuming a Western-Style Diet May Increase Risk of a Certain Type of Cancer
Jul 20, 1998 ... Diets rich in meat and low in fruits and vegetables may increase the risk of colon cancer, concludes a report. The dietary pattern associated with the greatest increase in risk is the one which typifies a Western-style diet, say researchers at the University of Utah Medical Center in Salt ...
Organic Foods Tap Into Sweets Market with Manufactured Chocolate
Jul 20, 1998 ... Sweets manufacturer, Chris Candies, is creating some of the first organic chocolate bars ever made in the United States. Among the company's distributors is the organic division of Newman's Own, the actor Paul Newman's food line that donates after-tax profits to charity.Chris ...
The French Organic Foods Market Growing But Shows Room for Improvement
Jul 20, 1998 ... As the United States organic food market thrives, other countries are also watching theirs bloom. Organic farming currently represents only 1 percent of the total French agricultural production. However, the increase of organic trade shows and the expansion of organic food products in French ...
Cool Weather in Japan Drives Down Beer Consumption ...
Jul 20, 1998 ... Cool weather and a cold economy cut into beer consumption in the first half of 1998, according to Japan's top three beermakers. The three (Kirin, Asahi and Sapporo) said they shipped a combined 2.75 billion liters of beer in the six-month period, down 7.3 percent from a year earlier. ...
... While Europe's Wet Summer Washes Out Ice Cream Sales
Jul 20, 1998 ... Sales of ice cream and soft drinks are melting away in northern and eastern Europe in the face of poor summer weather, analysts say. The main ice-cream producers - Swiss food maker Nestle and Anglo-Dutch group Unilever - as well soft drinks companies, like Coca-Cola Beverages and Britain's ...
News Briefs: Energy bars prove popular power-food
Jul 20, 1998 ... The favorite food item for the late 90s may just well be power bars. Often loaded with protein, vitamins, minerals and carbohydrates, the pocket-sized packaged food bars are showing up in plenty of places outside of the gym. One producer, Balance Bars, reported soaring sales from $1 million ...
News Briefs: New Hampshire implements direct shipping
Jul 20, 1998 ... In a development that will give New Hampshire consumers more choice in the range of wine, beer and spirits products available to them, the state liquor commission is in the process of implementing a landmark new direct shipment law. New Hampshire consumers may now have wine or spirits ...
BUSINESS BRIEFS: San Miguel Corp.
Jul 20, 1998 ... San Miguel Corp., Manila, Philippines, sold all of its shares in UK-based Coca-Cola Beverages PLC, totaling $555 million. In a statement, San Miguel said the shares were sold in a private transaction to the Olayan Group, a private firm. Initially a ...
BUSINESS BRIEFS: Hibernia Foods PLC
Jul 20, 1998 ... Hibernia Foods PLC, Dublin, Ireland, a producer of frozen desserts and prepared-meals, will acquire Entenmann's sweet goods business in the U.K. from Bestfoods U.K. Ltd., a subsidiary of Bestfoods. The Entenmann's business was established in the U.K. in 1995 and within two years ...
BUSINESS BRIEFS: Nabisco, Inc.
Jul 20, 1998 ... Nabisco, Inc., Parsippany, N.J., announced the sale of its Del Monte canned fruits and vegetables business in South America to Del Monte Foods Company, San ...
BUSINESS BRIEFS: Allied Domecq PLC
Jul 20, 1998 ... Allied Domecq PLC will revamp its UK-based pub business, effective Aug. 24, into separate food-and-lodging concerns. Its some 560 eateries, including the Big Steak Pubs chain, will be brought together as Allied Domecq Restaurants & Bars, with Martin Grealey as managing director. ...
BUSINESS BRIEFS: Unilever
Jul 20, 1998 ... Unilever agreed to sell Plant Breeding International Cambridge Ltd. (PBIC) to Monsanto Co., for about $522 million in cash. The transaction includes PBIC operations in Scotland and France together with PBI Saatzucht, its German affiliate company. PBIC ...
BUSINESS BRIEFS: Microsoft Corp.
Jul 20, 1998 ... In other news, Unilever signed separate agreements with Microsoft Corp., Redmond, Wash., and America Online, Inc., Dulles, Va. These key ...
BUSINESS BRIEFS: Fresh Foods, Inc.
Jul 20, 1998 ... Fresh Foods, Inc., Claremont, N.C., the multifaceted food service company formerly known as WSMP, Inc., completed a revamping of its corporate structure. Fresh Foods is a fully integrated producer and marketer of value-added food products. Under its recently adopted corporate structure, ...
BUSINESS BRIEFS: A PepsiCo
Jul 20, 1998 ... A PepsiCo market analyst says Frito-Lay's Wow! brand of olestra chips has developed a steady customer base ....
BUSINESS BRIEFS: Country Pure Foods, Inc.
Jul 20, 1998 ... Country Pure Foods, Inc. reached an agreement with The Quaker Oats Co. to acquire Quaker's Ardmore Farms juice and juice drinks business. Ardmore Farms' product lines include frozen, ...
GRAPEVINE: News About People
Jul 20, 1998 ... Pillsbury, Minneapolis, a subsidiary of Diageo PLC, appointed John N. Lilly as president, Pillsbury North America. Lilly was most recently with Procter & Gamble as a regional vice president in its Europe, Middle East, Africa regions.McCormick & Co., Inc., Sparks, Md., made two ...