Millenials (also commonly referred to as Generation Y) have begun their entry into the workforce in recent years but are often considered by employers to be more difficult to manage than previous generations. The PricewaterhouseCoopers ‘Millennials at work’ research looked at the opinions and expectations of over 4,200 graduates from 44 countries in relation to the future of work and their attitudes on subjects including corporate responsibility, technology, global working and reward/... ...Read more »
As the financial crisis continues to bite, cash-strapped British consumers are turning to discount supermarkets such as German giant Aldi to cut the surge in the cost of living, industry analysts say. Britons, widely-known for their devoted predilection for big-selling supermarkets such as Waitrose and Sainsbury’s, have begun looking elsewhere due to the rising increase in food costs. And with the festive season just around the corner, discounters are moving upscale, introducing organic, value-added... ...Read more »
An appetite for internationally infused tastes, a desire for all-natural foods and a craving for favourite ingredients are a few of the influences behind the McCormick Flavour Forecast 2009. The report, released by the US-based spices and seasonings company, takes an in-depth look at 10 emerging flavour combinations poised to transform America’s, and international, menus in the coming year. “Our passion for flavour is the inspiration behind the ‘Flavour Forecast’,”... ...Read more »
Continuing our Top 5 lists, is a take on five of the biggest takeovers in the food and beverage industry in Australia and around the world. 1. The biggest of them all in the food industry this year… Belgian Budweiser. Who would have thought that America’s iconic Budweiser brand would fall into the hands of a foreign company? In-Bev, owner of the Stella Artois brand - among many others, climbed to the top as the world’s biggest beer company by taking over Anheuser Busch. The deal,... ...Read more »
A look at the unusual, intriguing and just plain bizarre in the world of food for 2008. 1. Breast milk ice-cream? If you had told me at the start of the year that I would write a story about a campaign to get cow’s milk replaced by human breast milk I would have raised my eyebrows, perhaps even given a wry smile. And yet, there I was in September doing exactly that. For those who missed it, animal activists PETA (People for the Ethical Treatment of Animals), launched a cheeky campaign to get... ...Read more »
New research has discovered that German consumers, like an increasing number of consumers in countries like Australia and England, are demanding greater corporate responsibility from companies. Such conduct on the part of companies influences the purchase decisions of consumers. This is the conclusion reached by a survey carried out by GfK Panel Services in cooperation with GfK-Nürnberg e.V. and Roland Berger Strategy Consultants. The survey looked at the attitudes of consumers towards issues such... ...Read more »
American consumers have trimmed their consumption of beef, veal and turkey since 1996; while the $66 billion beef sector still rules the roost, chicken was increasingly what’s for dinnerin 2008. Chicken sales winged up 6.7% in 2008, three times the overall growth rate for retail and foodservice meat, according to The Fresh Meat Market in the U.S.: Beef, Chicken, Pork, Turkey and Lamb in Retail and Foodservice, a new research report just released by Packaged Facts. Chicken was also good for... ...Read more »
Cadbury will sell their Schweppes Beverages business in Australia for approximately A$1.185b to Japanese-brewer Asahi. The deal is pending regulatory approval and subject to a right of negotiation granted to The Coca-Cola Company (TCCC) in 1999. Under this provision, TCCC has the right until March 2009 to negotiate with Cadbury regarding a potential acquisition of the Schweppes Australia business. TCCC was granted the provision after a takeover bid for Schweppes almost a decade ago failed to... ...Read more »
Australian Food News is all about bringing readers the latest news about the issues, products & people that can impact on their food business. We thank all our contributors who have supplied a wealth of information & stories during 2008 and look forward to bringing you even more valuable news in 2009. So how do you make the headlines on these pages? It’s pretty simple really, send us what’s happening at your company that will be of interest to food retailers & restaurateurs,... ...Read more »
The Department of Agriculture, Fisheries & Forestry have announced that the Australian Federal Government is calling for Expressions of Interest from eligible companies with eligible projects for the long awaited ‘Regional Food Producers Innovation & Productivity Grants’. EXPRESSIONS OF INTEREST MUST BE LODGED BY 9 FEBRUARY 2009. If a company’s expression of interest is successful they will be invited to lodge a full application. Matched funding grants between $50,000... ...Read more »