The convenience chain is introducing more than 30 ‘breakout’ brands of food and beverages at 125 stores in the Los Angeles area, including 14 snack and five sweets companies.
The number of products launched in the UK in the past year has diminished by 8.4%, with food being the biggest contributor to the resulting loss in sales revenue.
The number of bread and bakery product launches has fallen almost 10% in the UK, according to a new study, as retailer range rationalization takes its toll on new product development.
Kraft Foods delivered a “higher rate of revenue from new products last year than at any time in recent memory” revealed bosses as they reassured stakeholders that both businesses will have “world-class innovation organizations on day one” after it breaks...
As the economy remains in the doldrums, Americans are showing signs of “frugality fatigue” while food is increasingly “playing an important role in helping consumers cope”, according to trend watchers at General Mills.
Growing demand for nutritional value, and changing market demographics are providing strong incentive for innovation in Japan, according to Datamonitor.
Brain-power foods, portion control and products targeting the
senior population are likely to be the food sectors to look out for
in 2006, according to Mintel.
The European Commission has launched a public consultation on its
plans to create a European Union-wide patent system, intended to
spur research and development growth in the bloc.
This year's Foodex Meatex exhibition - which the organisers believe
could be the most successful yet - promises to showcase the latest
innovations in meat processing. A quick look at a couple of planned
product launches suggests...