 | Sodexo Profit Rises In 2011, Outlook Upbeat For 2012
Issue: Vol. 51, No. 12, December 2011
Sodexo's net income increased 10.3% in the fiscal year ended Aug. 31 as revenues grew 5.4%. The company's net income increased to $609 million from $553 million...
Author: Emily Jed
|
| Green Mountain Q4 Profit Triples On Higher Revenue
Issue: Vol. 51, No. 12, December 2011
The roaster and maker of Keurig single-cup brewers said it earned $75.4 million, or 47¢ a share, for the quarter that ended Sept. 24, up from $27 million, or 20¢ per share, a year earlier...
Author: Emily Jed
|
| Starbucks Acquires Evolution Fresh Juice Chain For $30M
Issue: Vol. 51, No. 12, December 2011
The coffeehouse giant acquires premium juice company for $30 million in cash as part of plan to launch a new chain of juice bars in mid-2012...
Author: Emily Jed
|
| Sara Lee Names Ingrid Baron Chief Marketing Officer Of CoffeeCo
Issue: Vol. 51, No. 12, December 2011
The new marketing chief will be in charge of driving brand strategy for CoffeeCo's brands, which will include Douwe Egberts, Senseo, Pickwick, Maison du Café, L'Or, Café Pilão and Marcilla...
Author: Emily Jed
|
| Starbucks Q4 Profit Jumps 29%
Issue: Vol. 51, No. 12, December 2011
Starbucks Corp.'s profit climbed nearly 29% in the fourth quarter, beating Wall Street estimates. The coffeehouse giant earned $358.5 million, or 47¢ a share, up from $278.9 million, or 37¢ per share, last year...
Author: Emily Jed
|
| Keurig And Jarden Expand Mr. Coffee Single-Cup Agreement
Issue: Vol. 51, No. 11, November 2011
The two companies agree to expand Mr. Coffee single-cup coffeemaker line to include brewers with reservoirs to quickly prepare multiple cups of coffee...
Author: Emily Jed
|
| Sodexo's First Star Ginger Food Truck Rolls Onto UC Campus
Issue: Vol. 51, No. 11, November 2011
Foodservice giant and celebrity chef Mai Pham open the first Star Ginger Asian Grill & Noodle Bar food truck on the University of California-Davis campus...
Author: Emily Jed
|
| Sara Lee Sells Foodservice Coffee Business To Smucker, Discontinues Senseo Single-Cup Brewer In North America
Issue: Vol. 51, No. 11, November 2011
The $350 million deal, which is expected to close in early 2012, nearly doubles the size of J.M. Smucker's foodservice business. The two firms also agreed to jointly develop liquid coffee technology...
Author: Emily Jed
|
| Heartland Payment Systems Buys School Meal Firm
Issue: Vol. 51, No. 11, November 2011
The payment processor has acquired School-Link Technologies Inc. The deal is the fourth acquisition of a K-12 service provider that Heartland has made in past 10 months...
Author: by Staff Reporter
|
| NAMA To Honor Hal Steuber As 'Coffee Legend' At Las Vegas Confab
Issue: Vol. 51, No. 11, November 2011
The National Automatic Merchandising Association will honor Hal Steuber, former president of Associated Services Coffee Co., as its 2011 Coffee Legend this week...
Author: Emily Jed
|
| Sodexo's High-Tech 'Food On Demand' College Concept Wins Kudos
Issue: Vol. 51, No. 10, October 2011
The technology-focused FoD (Food on Demand) college campus dining concept was recognized by restaurant magazine as the winner of one of five 2011 Hot Concepts Awards...
Author: Emily Jed
|
| Aramark Completes Filterfresh Acquisition
Issue: Vol. 51, No. 10, October 2011
The Philadelphia-based dining and refreshment services giant announced the $145 million all-cash deal in August. Filterfresh will add 71,000 locations to Aramark's 100,000...
Author: Emily Jed
|
| New FDA Guidelines Call For Onsite Certified Food Safety Managers
Issue: Vol. 51, No. 10, October 2011
Restaurants and foodservice establishments could be required to employ certified food protection managers if their states or local jurisdictions adopt new supplement to the FDA's 2009 Model Food Code...
Author: Emily Jed
|
| Survey Finds Growing Single-Serve Adoption
Issue: Vol. 51, No. 10, October 2011
Awareness of single-cup brewing systems has increased to 73% in 2011 from 55% in 2007, according to a study by the National Coffee Association. Ownership of brewers has jumped to...
Author: Emily Jed
|
| Reunion Island Expands Rainforest Line With Costa Rica Coffee
Issue: Vol. 51, No. 10, October 2011
New Rainforest Alliance Certified coffee comes from La Hilda Estate, situated in Costa Rica's lush Central Valley region known for its rich volcanic soil...
Author: Emily Jed
|
| U.S. Foodservice Changes Its Name To US Foods
Issue: Vol. 51, No. 10, October 2011
The foodservice products distributor said it is attempting to create a new brand identity that reflects its strategic focus on better food offerings and improved service...
Author: Emily Jed
|
| Smartphone App Lets Compass Group Dining Customers Order Ahead
Issue: Vol. 51, No. 9, September 2011
Mobile ordering service was unveiled at Compass Group's BYOB burger retail concept at Connecticut's Quinnipiac University this school year...
Author: Emily Jed
|
| Technomic: Office Breakfast, Dinner Catering On The Rise
Issue: Vol. 51, No. 9, September 2011
Offices have been catering in more breakfast and dinner meals despite a decline in lunch orders, according to a recent Technomic study...
Author: Emily Jed
|
| NAMA Releases Coffee Tea & Water Show Education Agenda
Issue: Vol. 51, No. 9, September 2011
Among the highlights are three interactive sales workshops by Jeb Blount, chief executive of SalesGravy.com and author of People Buy You. The NAMA office coffee meeting takes place Oct. 18-20 at Bally's resort in Las Vegas...
Author: Emily Jed
|
| First Colony Closes, Grants White Coffee Rights
Issue: Vol. 51, No. 4, April 2011
The 109-year-old coffee manufacturer shuts down amid rising bean prices and the weak U.S. economy...
Author: Emily Jed
|
| Starbucks K-Cups Launch In November
Issue: Vol. 51, No. 9, September 2011
The world's largest coffeehouse company said it will begin selling its products in K-Cup portion packs for Keurig brewers in November...
Author: Emily Jed
|
| Green Mountain Sells Filterfresh To Aramark For $145M
Issue: Vol. 51, No. 9, September 2011
Green Mountain Coffee Roasters Inc. said it is selling its Filterfresh office coffee business to Aramark Refreshment Services in an all-cash deal worth $145 million...
Author: Emily Jed
|
| Bunn-O-Matic's Robinson Dies
Issue: Vol. 51, No. 9, September 2011
Neal Robinson, who played a key role in expanding Bunn-O-Matic Corp.'s international business, died of cancer on Aug. 22. He was 62...
Author: Tim Sanford
|
| Kraft Cuts Coffee Prices 6%
Issue: Vol. 51, No. 9, September 2011
The maker of Maxwell House and Yuban coffee brands is lowering its wholesale prices by about 6%, which could shave 20¢ off each pound of roast and ground coffees...
Author: by Staff Reporter
|
| Technomic: Coffee, Tea Consumption On Upswing
Issue: Vol. 51, No. 9, September 2011
Coffee and tea are the top beverage choices for the majority of U.S. adult consumers, according to new market research...
Author: Emily Jed
|
