It’s time to move away from Bisphenol A (BPA), a chemical commonly used in plastic containers and — as Consumer Reports recently highlighted — canned food containers as well. The latest buzz on BPA is that high levels of exposure were shown to cause erectile dysfunction and other sexual problems in men. The food industry, along with others who rely on BPA in their packaging,...
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It looks like KFC is winning its highly publicized “chicken war” with more recent upstart El Pollo Loco, according to the latter’s latest financial numbers. The two chains are getting a lot of attention of late for their competing chicken-giveaway promotions, which are obviously popular with cash-tight consumers. By almost any measure, 415-location El Pollo Loco’s...
It’s not that I don’t think Kraft Foods (KFT) will ultimately have to raise its offer in its hostile takeover bid for Cadbury (CBY). The offer was low when it was floated in September and, thanks to changes in stock prices, the offer was even lower last week when Kraft made it official. But I’m not sure that recent confirmation of possible rival bids on Cadbury from both...
Under President Barack Obama, the Food and Drug Administration has showed some backbone for the first time in years. But now it’s backtracking on the issue of raw oysters from the Gulf Coast, thrilling industry but disappointing health advocates. The FDA had announced new rules, effective 2011, banning raw oysters that have not been pasteurized, frozen or irradiated. When Gulf Coast...
Though a jury found Agriprocessors former vice president Sholom Rubashkin guilty on 86 out of 91 financial fraud-related charges, Rubashkin says he’s innocent. And his friend Aaron Goldsmith says Rubashkin is innocent, too. Well, sort of. “Nobody’s proven he had money on the side or did things for his personal gain; he was trying to keep his company going. While misguided,...
Burger King (BKC) stores are losing money on the company’s $1 double cheeseburger promotion, according to a lawsuit filed last week by the National Franchisee Association. The franchisees say the product costs them at least $1.10 per sandwich, and they’re challenging Burger King’s right to dictate maximum prices. Last summer, Burger King asked its franchisees if they would...
I knew that Starbucks (SBUX) had given its employees an intensive crash course in Via as part of its high-profile rollout of the new instant coffee product. But I didn’t know how aggressive the company was training its employees to be. BusinessWeek is running a story on how Via sales pitches have gotten so intense that both baristas and customers are complaining. “This is the most...
Haagen-Dazs has a new line so simple it contains only five ingredients. Doesn’t that sound healthy and wholesome? The product is ice cream and the ingredients are milk, cream, sugar and eggs, plus an additional flavor source like mint or vanilla bean. Yes, it’s still bad for you. But it will sell. “Simple” is one of the new product buzz words, along with...
As sodium becomes almost as feared and demonized as high-fructose corn syrup or even trans fats, some companies are stepping up their efforts to reduce the salt-content of various products, while others are developing sodium substitutes akin to NutraSweet and Splenda. The idea isn’t new, but the trend has taken on a renewed fervor lately, as studies have come out showing that typical...
Here we go again. In the latest food industry versus health advocates battle, we have the Milk Processor Education Program (MilkPEP) launching a campaign to defend chocolate milk in schools. “Some schools and activist groups are looking to remove lowfat chocolate milk from cafeterias, but this actually could do more nutritional harm than good,” the Raise Your Hand for Chocolate Milk...
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BNET Food provides daily industry trends and news coverage with insights for managers and executives, focusing on the major companies in the food and beverage sector, from manufacturers to retailers. In addition to detailed company profiles, we bring you industry analysis on new alliances and partnerships, food products, mergers and acquisitions, contamination events, health risks, investments, and a host of other important business issues.