Chipotle Mexican Grill is testing two new robotic prototypes, Autocado and the Augmented Makeline, in select California locations. These robots aim to improve efficiency and support employees by automating tasks like avocado processing and bowl preparation. This move comes as Chipotle faces challenges including a labor dispute and a leadership change.
The global specialty oils market is projected to reach a substantial US$ 414.7 billion by 2031, driven by a growing consumer preference for healthier alternatives and the diverse applications of these oils in food, cosmetics, and industrial sectors.
Patagonia Provisions, the food arm of the outdoor apparel company Patagonia, has launched a line of three organic pasta varieties certified under the Regenerative Organic Certified standard. This is the first time any pasta has received this certification, which is considered the world’s most stringent agricultural standard. Made with a focus on both taste and environmental responsibility, the pasta is produced in Brooklyn, New York using traditional Italian methods. It boasts a high fiber content and will be available at select retailers in Japan starting September 5th.
Service charges, a growing trend in the restaurant industry, are often misunderstood. This article explains what service charges are, why they’re becoming more common, and whether they replace tipping. We’ll also explore the legal considerations and how restaurants can best utilize them.
The Indian Culinary Forum (ICF) is gearing up for its 21st Annual Chef Awards, a prestigious event that will honor the best culinary talent in India. Taking place on October 17th, 2024, at The Ashok, New Delhi, the event will showcase the diversity of Indian cuisine and feature competitions across various categories. Alongside the awards ceremony, the 12th Knowledge Summit will address the growing impact of technology on the culinary world.
The widespread adoption of Ozempic and similar GLP-1 weight loss drugs has triggered a seismic shift in the fashion and food industries. This article explores how these medications are impacting resale markets, reshaping consumer buying habits, and driving new strategies in the food and beverage sectors.
Conagra Brands continues its strategic transformation by divesting its stake in Agro Tech Foods. This move aims to enhance shareholder value and refine its portfolio. The company also highlights its focus on innovation and expansion into adjacent categories through acquisitions. While navigating industry challenges like consumption slowdown and cost inflation, Conagra’s strong performance in the International segment and market share gains in frozen and snacks categories offer hope for the future.
J.M. Smucker, the parent company of Smucker’s jelly and jams, has reported stronger-than-expected earnings but warned of cautious consumers due to persistent inflation, highlighting a trend of spending cuts in convenience stores and on brand-name products. This follows similar warnings from Dollar General, suggesting a broader shift in consumer behavior. The company’s lower guidance and cautious commentary have led to a sell-off in shares, reflecting investor concerns about the impact of inflation on consumer spending.
Campbell Soup Company (CPB) exceeded analysts’ earnings expectations for the latest quarter, but its revenue fell short. While the company’s recent performance suggests some strength, the future outlook remains uncertain. The stock is currently rated a Zacks Rank #3 (Hold) indicating potential for in-line market performance.
Campbell Soup Company (CPB) reported fourth-quarter net sales of $2.293 billion, exceeding last year’s figures but falling short of analysts’ predictions. While adjusted earnings per share outperformed expectations, organic sales declined by 1%. The company anticipates continued growth in the coming year, driven by strategic initiatives and the successful integration of Sovos Brands.
