Belgian retailer Delhaize to pay $425 mln for assets of bankrupt southern grocery chain BI-LOOctober 5th, 2009 Belgium's Delhaize to acquire BI-LO assetsBelgian international food retailer Delhaize Group is in talks to buy shops and inventory worth $425 million from South Carolina-based BI-LO, a grocery chain that entered bankruptcy proceedings earlier this year. In a statement Monday, Delhaize Group said it was in non-binding talks to acquire "a substantial majority" of BI-LO's assets.
Survey: Tough economic conditions putting more stress than ever on food banksSeptember 14th, 2009 Survey: Food banks under more stressWASHINGTON — Food banks across the country are being stretched by a recession-fueled surge in first time users, according to a survey released on Monday. Feeding America, a nonprofit organization aimed at fighting hunger, surveyed 176 food banks across the country.
Number of Americans receiving food stamps rises in June, 22 percent higher than June 2008September 3rd, 2009 Number of Americans on food stamps risesWASHINGTON — More Americans than ever before received food stamps in June, the Department of Agriculture said on Thursday, with more than 35 million Americans receiving assistance. The numbers are 22 percent higher than in June 2008.
Popeyes owner AFC Enterprises boosts full-year outlookAugust 20th, 2009 AFC Enterprises raises forecastATLANTA — Restaurant operator AFC Enterprises Inc. boosted its full-year guidance Wednesday.
Polish food processing industry to explore India investment optionsJuly 29th, 2009 NEW DELHI - A delegation from the Polish food processing industry is likely to visit India to explore investment opportunities in this country and especially in Bihar, according to a senior official of the embassy of Poland. Participating in the International Summit on Food Processing and Agribusiness here Wednesday, Polish embassy official M.M.
Associated Food Stores to buy 36 Albertsons stores in Utah from SupervaluJuly 28th, 2009 Grocery wholesaler to buy 36 Albertsons in UtahSALT LAKE CITY — Grocery wholesaler Associated Food Stores Inc. says it has agreed to buy 36 Albertsons stores in Utah from Minneapolis-based Supervalu Inc.
First fast food restaurant opens in North Korea, report says, but hamburgers not on menuJuly 25th, 2009 Report: NKorea opens 1st fast food restaurantSEOUL, South Korea — You still can't get a hamburger in Pyongyang, but the suspiciously similar "minced beef and bread" is for sale at the North Korean capital's first fast food restaurant, a news report said Saturday. The Samtaeseong restaurant opened in the isolated communist country last month in cooperation with a Singaporean company, according to the Tokyo-based Choson Sinbo.
Report: First fast-food restaurant opens in North Korea, but hamburgers not on menuJuly 25th, 2009 Report: NKorea opens 1st fast-food restaurantSEOUL, South Korea — You still can't get a hamburger in Pyongyang, but the suspiciously similar "minced beef and bread" is for sale at the North Korean capital's first fast-food restaurant, a news report said Saturday. The Samtaesong restaurant opened in the isolated communist country last month in cooperation with a Singaporean company, according to the Tokyo-based Choson Sinbo.
Angry fast-food worker accused of tearing up Jack in the Box restaurant after being firedJuly 14th, 2009 Fired worker accused of trashing fast food eateryGAINESVILLE, Texas — Gainesville police are seeking an employee who tore up the fast-food restaurant, damaging cash registers and ruining some meals after he was fired. Sgt. Belva McClinton said a warrant was being prepared Tuesday for a 20-year-old man on criminal mischief charges.
Erratic monsoon not to hurt food processing sector: ministerJuly 10th, 2009 NEW DELHI - The erratic monsoon this year will not hurt the country's food processing sector as there was enough surplus produce for value addition, according to Minister for Food Processing Industries Subodh Kant Sahai. "In India, the (food) processing level is still very low - at only around 10 percent," Sahai told reporters on the sidelines of a function held here Friday to launch the Ministry of Food Processing Industries' new magazine.
Budget will spur growth in food processing sector: MinisterJuly 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee's proposal of investment-linked tax incentives for setting up cold chain infrastructure and warehousing facilities will greatly help the food processing industry in the country, said Minister for Food Processing Industries Subodh Kant Sahai. "I propose to extend investment-linked tax incentives to the businesses of setting up and operating cold chain, warehousing facilities for storing agricultural produce and the business of laying and operating cross-country natural gas or crude or petroleum oil pipeline network for distribution on common carrier principle," Mukherjee said in parliament Monday while presenting the union budget.
Railways to set up cold storages, run fruit-vegetable trainsJuly 3rd, 2009 NEW DELHI - The Indian Railways have decided to run special trains for perishables and set up cold storages and temperature-controlled cargo centres in an effort to eliminate food wastage and contribute to India's second green revolution. "Railways will encourage creation of facilities of setting up cold storage and temperature-controlled perishable cargo centres and its transportation through public-private partnership mode," Railways Minister Mamata Banerjee said while presenting the rail budget in the Lok Sabha Friday.
Obama wants more money for pandemic flu preparations, food safety inspectorsMay 8th, 2009 Budget would boost flu preparations, food safetyWASHINGTON — With the swine flu still claiming victims, President Barack Obama's 2010 budget would devote an additional $584 million to pandemic flu preparation efforts. That's on top of $1.5 billion Obama requested from Congress for this year when the flu first emerged.
'India will become food factory of the world'February 26th, 2009 HARIDWAR - With the food processing industry in India growing 13.7 percent annually, India is set to be become the food factory of the world, says Minister of State for Food Processing Industries Subodh Kant Sahai. 'While the manufacturing sector growth in the country has gone down from 7 percent to 6 percent, the food processing sector is growing a a robust 13.7 percent,' Sahai said at the foundation laying ceremony of the Patanjali Food and Herbal Park at village Padartha near here Wednesday afternoon, one of the 10 mega food parks that are being set up in the next two years in the country under the 11th Five-Year Plan.
India's first mega food park at HaridwarFebruary 21st, 2009 NEW DELHI - India's first mega food park is to come up at Haridwar in Uttarakhand, yoga guru Baba Ramdev's Patanjali Yog Peeth said Friday. The Patanjali Food and Herbal Park will be inaugurated by Union Minister for Food processing Industries Subodh Kant Sahai Feb 25, a press statement said.