Whole Foods Market's profits for the fiscal fourth quarter dropped 15% from the previous year, as the company poured millions of dollars into opening new stores and the legal bills it collected when acquiring Wild Oats. Sales for the organic-food retailer, however, increased 35%, boosted in part by the addition of Wild Oats stores.
Tryptophan, a chemical in turkey that is known to induce drowsiness, appears to affect a person's trust, researchers say. Scientists found that a reduction of tryptophan levels lowers levels of serotonin in the brain, making people less trusting.
China and all 10 members of the Association of Southeast Asian Nations on Tuesday signed a pact to intensify efforts to ensure the safety of the food and agricultural products shipped among the 11 countries. The agreement also includes the establishment of procedures for quarantine and inspection of food, animals and plants.
Food and beverage manufacturers could increase their sales during the holidays by considering seasonal flavors, special packaging and convenience in their product-development efforts for special occasions, including Thanksgiving and Christmas, a new food industry group study found. The Grocery Manufacturers' Association expects manufacturers to capitalize on health trends by promoting healthy products and ingredient substitutes during the holidays.