bakenet:eu – News for the baking industry

Malmo / SE. (aak) Swedish AAK Group (former AarhusKarlshamn AB) announced its interim report for the first quarter 2018 with a record-high operating profit for a first quarter. «The favorable trend we have seen in most of our product segments for some time continued during the first quarter...

Domino’s: accelerating quest for digital dominance

Wednesday, 25. April 2018

Trends + Concepts

Ann Arbor / MG. (dp) Technology trailblazer Domino’s Pizza Inc. is accelerating its quest for digital dominance in the restaurant industry and continuing its investment in developing platforms using artificial intelligence (AI) by launching a voice recognition application to take telephone orders...

Dynamic brands in the British out of home market

Wednesday, 25. April 2018

Trends + Concepts

Manchester / UK. (cga) Costa, JD Wetherspoon, Stonehouse Pizza + Carvery, Miller + Carter and Greggs are among the businesses with the most momentum in the out of home eating and drinking sectors at the moment, a new report reveals. The CGA EI | Stone + River Brand Momentum Report dissects...

Bakery China 2018: Meet the growing industry

Tuesday, 24. April 2018

Exhibitions + Events

Shanghai / CN. (iec) With over 200’000 square metres of exhibition space, Bakery China 2018 (09 to 12 May) will attract over 2’100 exhibitors from all over the world this year. Bakery China, launched 21 years ago, is an important indicator of the growth of the bakery industry in China and has since...

Middleby Corporation Acquires Josper S.A.

Tuesday, 24. April 2018

Market + Management

Elgin / IL. (tmc) The Middleby Corporation, a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, announced the acquisition of Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment...

Kroger: Completes Sale of Convenience Store Business

Monday, 23. April 2018

Market + Management

Cincinnati, OH / Blackburn, UK. (tkc) The Kroger Company announced it has completed the sale of its convenience store business unit to EG Group for 2.15 billion USD. After tax proceeds total USD 1.7 billion. USD 1.2 billion of the proceeds will be used to fund an accelerated share repurchase...

Generation Z: shopping attitudes and behaviours

Monday, 23. April 2018

Nutrition + Consumers

Chicago / IL. (iri) IRI market research announced findings from two recent studies into the shopping attitudes and behaviours – and the emotional drivers – of Generation Z (aged 21 and under), providing manufacturers and retailers valuable insight into how to effectively communicate with this...

UK: Taxing unhealthy food is probably helpful

Saturday, 21. April 2018

Nutrition + Consumers

Chicago / IL. (mi) With the so-called ‘sugar tax’ that started on April 06th, new Mintel market research finds just under half (47 percent) of Brits say that a tax making unhealthy food/drink more expensive would encourage them to cut down on these items. Those aged 16-34 (53 percent) are...

Great Harvest Bread: Announces Franchise Opportunity

Saturday, 21. April 2018

Market + Management

Dillon / MT. (ghb) Great Harvest Bread Co., a 40 year-old bakery-café brand best known for its fresh, made-from-scratch bread, has a franchise opportunity for anyone seeking ownership in the developing Chicagoland area. The company is currently looking for a local entrepreneur to...

Nestle S.A.: reports three-month sales for 2018

Friday, 20. April 2018

Global Industry

Vevey / CH. (nsa) Swiss Nestle S.A. reported three-month sales for 2018. Chief Executive Mark Schneider: «We are pleased to report a solid start to the year, with all regions contributing to our growth. Our volume growth improved noticeably while pricing remained soft. We are...

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AAK: announces Q1-2018 interim report

Domino’s: accelerating quest for digital dominance

Dynamic brands in the British out of home market

Bakery China 2018: Meet the growing industry

Middleby Corporation Acquires Josper S.A.

Kroger: Completes Sale of Convenience Store Business

Generation Z: shopping attitudes and behaviours

UK: Taxing unhealthy food is probably helpful

Great Harvest Bread: Announces Franchise Opportunity

Nestle S.A.: reports three-month sales for 2018

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