The John Morrell Food Group, a subsidiary of Smithfield Foods, has introduced Armour and John Morrell 40% Lower Sodium Franks for foodservice operators.
McDonald’s is preparing to test new menu items, including three new Quarter Pounder sandwiches in order to boost the franchise after the company reported its first ever decline is sales.
Starbucks Coffee Company is a recognized global leader in innovation and one of the founding members of IFMA’s Center of Innovation Excellence (CIE). Following is an interview with Starbucks’ Mary Wagner, Ph.D., senior vice president for Global Research, Development & Quality.
The International Foodservice Manufacturers Association (IFMA) represents the world’s most prestigious food, equipment and supply manufacturers in the $588 billion foodservice industry. This sector accounts for about half of consumers’ food dollars.
The foodservice industry’s best performers achieve 22% more sales and 20% more profits from their new products than their average performing counterparts. They also are seven times more likely to launch commercial successes than poor performers.