Food Industry News
A collection of Food latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How China's premium foods industry leaps up the value chain
Caviar, black truffles, foie gras - delicacies that the West once kept firmly to itself - are now storming the global stage at Chinese scale, Chinese speed and Chinese prices. Yet the bigger story is not merely the industry's expansion but the…
Food delivery market faces shakeout as Uber Eats dominates
Japan's food delivery industry, which saw a surge in new entrants during the COVID-19 pandemic, is undergoing a major shakeout as intensifying competition drives companies out of the market. The sector has now largely consolidated around three…
Associated British Foods rallies Wednesday, outperforms market
Shares of Associated British Foods PLC ABF rallied 6.37% to £20.21 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 1.79% to 10,829.21. Associated British Foods…
25.7% in Japan to use food tax cut benefits for savings, survey finds
More than a quarter of people in Japan said they planned to put the money saved from a proposed cut in the consumption tax on food into savings, the most popular choice among respondents, an online survey showed Wednesday. Research company Intage…
Food grown in illegal West Bank settlements being sold in Australia as 'produce of Israel'
Millions of dollars of food grown in illegal Israeli settlements in the occupied West Bank has been shipped to Australia labelled as “produce of Israel”, new analysis of trade data has shown. Human rights legal organisation Global…
Food expert explains when to buy cheap tinned beans and when to splash out
Tinned beans are one of the most adaptable ingredients to have in your cupboard. Whether you fancy chilli, soup, stew, a salad, or any number of other meals, you can't go wrong with any one of the wide variety of beans available in shops and…
Yutaka Foods 1H Parent Net Y45.00M Vs Net Y375.00M
Yutaka Foods Corp. (2806.TO) Japan Half-Year Ended September 30 PARENT 2026 2025 Revenue Y8.31 bln Y7.29 bln Operating Profit (Y67.00 mln) Y430.00 mln Pretax Profit Y24.00 mln Y526.00 mln Net Profit Y45.00 mln Y375.00 mln Per share Earnings Y6.48…
I grew up in a trailer and was embarrassed to use food stamps. Now I own a $13 million company.
This as-told-to essay is based on a conversation with Erika Sinner, founder of Directorie. It has been edited for length and clarity. My childhood was difficult. We lived in a trailer, where my mom struggled. I remember going to Walmart late at…
[INTERVIEW] Why more K-food brands need 'OU' for global markets
Companies seeking to expand into global markets like North America and Europe should consider applying for OU certification, a kosher label approved by the Orthodox Union, according to an associate of the oldest Orthodox Jewish organization in the…
Seneca Foods: Fiscal Q2 Earnings Snapshot
FAIRPORT, N.Y. (AP) — FAIRPORT, N.Y. (AP) — Seneca Foods Corp. (SENEA) on Wednesday reported profit of $29.2 million in its fiscal second quarter. On a per-share basis, the Fairport, New York-based company said it had profit of $4.27.
Nomad Foods: Q3 Earnings Snapshot
WOKING, Britain (AP) — WOKING, Britain (AP) — Nomad Foods Ltd. (NOMD) on Wednesday reported net income of $76.6 million in its third quarter. On a per-share basis, the Woking, Britain-based company said it had net income of 54 cents.
FLOWERS FOODS ELECTS TWO NEW MEMBERS TO BOARD OF DIRECTORS
'We are pleased to welcome Shaun and Ken to the Flowers Foods board,' said Ryals McMullian, chairman and chief executive officer. 'Each brings extensive leadership experience and a distinct perspective. Their broad financial and transformation…
Graham's profits surge as dairy giant warns food prices are set to rise
The Stirlingshire-based dairy reported pre-tax profits of £4.5m for its latest financial year as turnover climbed 11%, or more than £17m, to £172m. That performance was a significant improvement on the previous year, when turnover…
What is the Brexit food red tape that could be scrapped in a new EU deal?
The UK and EU could remove checks on imported and exported food and agricultural products as part of a new post- Brexit deal. Negotiations are still ongoing ahead of the EU summit on 20 November where three deals are expected to be discussed…
Performance Food: Fiscal Q1 Earnings Snapshot
RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Performance Food Group Co. (PFGC) on Wednesday reported profit of $129.5 million in its fiscal first quarter. The Richmond, Virginia-based company said it had net income of 82 cents per share.
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