Argentina’s dwindling purchasing power has triggered the most severe drop in beef consumption witnessed in the country over the past 30 years. According to the Argentine Chamber of Meats and Derivatives Industry and Commerce (CICCRA), during the first quarter of the year, beef consumption plummeted to 499,700 tonnes, marking a decline of 17.6% from the same period in 2023. This decrease represents the largest quarterly drop recorded by CICCRA in 30 years. In March alone, per capita beef consumption in Argentina fell to 42.6kg, which is 18.5% lower than in March 2023. Miguel Schiariti, the president of CICCRA, expressed to…
Author: Sam Allcock
Five Teamsters unions across the US have lodged charges against PepsiCo for alleged unfair labour practices, citing the company’s enforcement of “anti-worker policies.” The complaints were filed by unions based in Illinois, Indiana, and Iowa with the National Labour Relations Board of the country. They allege that PepsiCo has imposed “unlawful work rules” that restrict employees from discussing their wages and working hours. Moreover, the unions have accused the owner of Pepsi Max and Lay’s snacks of obstructing and deterring workers from forming or joining labour organisations. Jeff Padellaro, the director of the Teamsters brewery, bakery, and soft drink conference,…
American restaurant franchise Beef ‘O’ Brady’s has chosen ParTech’s omnichannel ordering and loyalty platforms to sharpen its digital approach and customer engagement. The incorporation of PAR MENU and PAR Punchh will deliver a unified omnichannel ordering and loyalty experience. PAR MENU will act as the cornerstone of Beef ‘O’ Brady’s digital ordering infrastructure, linking mobile app and web-based orders with third-party delivery services like UberEats, DoorDash, and GrubHub. The open API of MENU will be compatible with a variety of POS systems, which is essential for the franchise’s 140 locations that have processed over 35,000 orders since the system’s implementation.…
Starbucks Chile has broadened its footprint within the country by inaugurating its first outlet in Osorno, marking a significant step in its expansion strategy. The new outlet is managed by the company’s authorised partner, Alsea. It will offer customers a variety of hot and cold coffee drinks, sandwiches, and desserts. Starbucks South America director Claudia Aburto stated: “We are delighted to bring the Starbucks Experience to consumers in Osorno, expanding our presence in southern Chile. Our store designers have created a space that highlights must-see places in the region, such as the Osorno volcano and Lake Llanquihue, thus delivering moments…
The family dining franchise, Black Bear Diner, has further extended its presence in the US by opening three new locations, with two in Texas and one in Arizona. The brand launched a company-owned diner on 17 April 2024 at 2424 Creekview Drive Ste 150 in Waco, Texas. This diner spans 4,560 square feet and has seating for 145 patrons. The second diner was inaugurated on 16 April at 5235 North Sunland Gin Rd in Eloy, Arizona. Owned and operated by TravelCenters of America (TA), this location encompasses 6,461 square feet and can host 143 guests. A third diner, also managed…
In a groundbreaking industry partnership, Oscar Mayer, a prominent chilled food manufacturer, and Company Shop Group, a leading UK redistributor of surplus food, have united to enhance efforts in food waste redistribution. Aiming to “pushing [redistribution] back up the food waste hierarchy and supporting even more people and communities”, the collaboration will see all of Oscar Mayer’s surplus stock redistributed with assistance from Company Shop Group. This initiative marks a significant advancement in Oscar Mayer’s commitment to its ESG strategy, centred on minimising waste in their manufacturing processes. The redistribution initiative will cover a range of products including private label…
Lactalis, the world’s largest dairy company, has recorded a “weak” profit performance last year, with pressure from private label significantly impacting volumes. The company, which is privately owned and based in Laval, Pays-de-la-Loire, disclosed that its turnover increased by 4.3% in 2023, reaching €29.5bn ($31.4bn). However, Chairman Emmanuel Besnier revealed yesterday (18 April) that consolidated net profit “remained weak”, totalling €428m, an 11% increase from the previous year. The profit for fiscal 2022 was €384m, marking a 14% decline year-on-year. Lactalis stated that “2023 was marked by a change in consumer purchasing behaviour, reflected in a fall in sales volumes…
Greenyard has bolstered its presence in the plant-based ice cream sector by acquiring Belgium’s Crème de la Crème. The financial details of the deal were not disclosed. This acquisition allows the fruit-and-vegetable giant to take over a production facility in Hasselt, situated in eastern Belgium. Crème de la Crème specialises as a private-label manufacturer of frozen desserts, offering a range that includes ice lollies, sorbet, gelato, and pre-mixed frozen fruit bars suitable for smoothies. The company’s website states that it serves customers across Europe, the Middle East, and Africa. Greenyard announced that this acquisition has added “over 25 years of…
The Finland-based food group HKScan has announced it will rebrand itself as HKFoods. This announcement was made at the company’s Annual General Meeting (AGM) held on 18 April, following the recent sale of its Swedish operations. In January, Lantmännen, an agri-food group based in Sweden, finalised a deal to acquire HKScan’s assets within the country. CEO Juha Ruohola stated the new name will “continue the company’s traditions and reflects one of the company’s core consumer brands, as well as the company’s industry and strategic reference.” Ruohola, who was appointed permanent CEO of HKScan last month, also mentioned: “We continue our…
Meat industry leader JBS has announced a 150 million reais ($28.3 million) investment aimed at doubling the processing capabilities of its beef facility in Brazil. The company, headquartered in Sao Paulo, has disclosed that this financial input into the Campo Grande II site in Mato Grosso do Sul will allow the facility to increase its daily processing rate from 2,200 to 4,400 animals, while employment at the site will surge from 2,300 to 4,600 personnel. This strategic development is anticipated to elevate the facility’s status to the largest beef plant in Latin America and position it among JBS’s top three…