Based on principles of ayurveda—the ancient Indian system of preventive healthcare—Nestlé’s Maggi Healthy Soup Sanjeevni range features traditional recipes for good health. The product is made with “time-tested ingredients” like spinach, dal, tomato and amla (an edible fruit native to India containing a bitter or sour taste that is highly prized for its potent vitamin-C content). Low in fat and cholesterol, the instant dry soup is suitable for vegetarians, challenging the notion that convenience is not equated with health or nutrition. A packet sells for $0.18.
(18 August 2008) Purveyor of antibiotic and hormone free meats and cheeses Applegate Farms has launched the Applegate Farms Yogurt Cheese with probiotics in the US. The new pre-sliced cheese is a m...
(10 July 2008) China-Biotics, Inc. says Shuguang Fang, Chief Technology Officer of the probiotics company, will be a guest speaker at China's 3rd Annual Food Safety Technology Forum 2008. Organiz...
(1 May 2008) Weak joints now have a new help. Gelita, the gelatine and collagen hydrolysate giant, has launched a new therapeutic agent that can counter the effects of the degenerative joint di...
(22 February 2008) Barentz Europe BV has announced the acquisition of a major stake in Vitablend Holding, a privately held production company of antioxidants, vitamin and mineral blends and nutraceut...
(14 February 2008) Phosphagenics Limited and Nestlé Nutrition has announced that their joint phase 2 human clinical trial to establish the efficacy of Phosphagenics’ Phospha E in the management of me...
(8 October 2007) Danish company Novozymes A/S said it has completed the acquisition of the enzyme activities of Biocon Limited in Bangalore, India. Biocon’s activities will be integrated into Novoz...
(5 October 2007) Packaging supplier, Tetra Pak, will be involved in three new school feeding programmes by the end of 2007, in addition to those started in Vietnam and Pakistan earlier this year. T...
(5 October 2007) Wrigley's ability to provide oral health benefits have earned Wrigley’s Orbit, Extra and Eclipse sugar-free chewing gums the American Dental Association’s (ADA) Seal of Acceptance....
Price promotions and the decision to only partially pass on food price inflation to customers have led to a downturn in second quarter margins for Ahold. Net sales for second quarter 2008 were EUR 5.8 billion, down 0.8% from the same period last year. At constant exchange rates, net sales increased by 7.3%.
Despite the credit crunch, drinks giant, Diageo reports another year of strong organic growth with net sales up 7% and operating profit up 9%. Sales rose to £8.09bn up from £7.48bn last year while sales volumes increased by about 3%.
Stop & Shop and Giant Landover supermarkets in the USA are getting a new-look and new logos. The stores are being revitalised as part of a series of new initiatives designed to enhance the customer store experience.
Tesco has raised £605 million (€ 758 million) from four sale & leaseback of properties in the latest phase of its ongoing programme of releasing value from its UK property portfolio.
The deal includes 13 Tesco stores, which account for about 2.4% of its UK store square footage, and a distribution centre.
After a 30% drop in its third-quarter net income, a down economy, and a ground beef recall because of possible E. coli contamination, Whole Foods will be laying off 49 workers, 13% of the people at it's corporate headquarters, after also closing its Austin (Texas) bakery only a few months ago.
Store brands account for 75% of Fresh & Easy sales. The Tesco-owned Fresh & Easy Neighborhood Market has now produced its 3 millionth product - a 17-ounce package of store brand mashed potatoes - and plans to add over 250 new Fresh & Easy brand products to its stores over the next several months.
