Global Industry: Orkla changes Group Executive Board
Bremerhaven. (bm) Jaan Ivar Semlitsch, CEO of Norway’s Orkla ASA, is making changes to Orkla’s Group Executive Board and group structure. Orkla Consumer + Financial Investments will become a new business area within Orkla. A separate group function is to be given responsibility for...
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Global Industry: Domino’s Pizza Posts Q3-2019 Results
Bremerhaven. (bm) Domino’s Pizza Inc., the largest pizza company in the world based on global retail sales, announced results for the third quarter, comprised of growth in global retail sales and earnings per share. Global retail sales increased 5.8 percent in the third quarter, or 7.5 percent without...
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Global Industry: Fedima celebrates 50. anniversary
Bremerhaven. (bm) Fedima held its 50th Annual Meeting in Milan, the location where the Federation was founded 1969. Today its membership is comprised of 12 national associations representing the bakery, patisserie and confectionery ingredients’ manufacturers active in Europe. At its Meeting...
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Global Industry: Perceptions of value and pricing today
Bremerhaven. (bm) Value remains a vital component in the path to purchase, with 76 percent of consumers saying it’s a very important factor when deciding where to dine. Technomic’s «2019 Value + Pricing Consumer Trend Report» also reveals that roughly one-quarter of consumers say their...
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Global Industry: How to reach affluent food shoppers
Bremerhaven. (bm) The food culture and buying habits of affluent food shoppers cause them to have a disproportionate impact on the bottom line of brick-and-mortar supermarkets and grocery stores. Affluent food shoppers more likely spend their money and time on buying and experiencing...
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Global Industry: AGF Bakery-Convention now bilingual
Bremerhaven. (bm) Tobias Schuhmacher, Executive Secretary of Germany’s AGF (Arbeitsgemeinschaft Getreideforschung) had the chance to take part in the AIBI congress this year. Several participants there told him, that they often had heard of the «Tagung für Bäckerei-Technologie», but never...
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Global Industry: The trade cost of a no-deal Brexit
Bremerhaven. (bm) As a member of the European Union (EU), the United Kingdom (UK) is part of about 40 trade agreements through which EU members enjoy preferential market access in about 70 countries. In the event of a no-deal Brexit, and in the absence of replacement agreements...
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Global Industry: Lewis Hamilton Launches Burger Chain
Bremerhaven. (bm) Five-time FIA Formula One World Champion, Lewis Hamilton is collaborating with hospitality organisation The Cream Group and investors including UNICEF Ambassador and early backer of Beyond Meat, Tommaso Chiabra, to revolutionise fast food when they launch exciting...
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Global Industry: Smart speakers generate less enthusiasm
Bremerhaven. (bm) Today’s shoppers have a growing digital toolkit for researching and buying – and they are developing clear favorites among the options at their disposal. New insights from GfK’s «FutureBuy» show that augmented reality and subscription services are among the offerings...
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Global Industry: Luckin Coffee reports Q2-2019 results
Bremerhaven. (bm) Luckin Coffee Inc., Chinese counterpart of Starbucks and a pioneer of a technology-driven new retail model, announced its unaudited financial results for the second quarter ended June 30, 2019. Net revenues from products increased over 698 percent year-over-year...
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