February 2010 Entries
February 26 2010 - Diamond Foods has agreed to acquire the premium potato chip company Kettle Foods from Lion Capital for $615 million.
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posted @ Friday, February 26, 2010 4:12 PM |
February 25 2010 - The French food group Bonduelle saw turnover increase 3.5% in the first half of 2009-2010, largely boosted by recent acquisitions.
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posted @ Thursday, February 25, 2010 3:20 PM |
February 24 2010 - Coca-Cola is the most littered brand across Britain, accounting for 4.1% of total litter and being present in 94% of sites, according to a new survey.
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posted @ Wednesday, February 24, 2010 3:23 PM |
February 23 2010 - A new labelling code of practice backed by major supermarkets is being introduced to clearly identify the country of origin for pork and pork products.
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posted @ Tuesday, February 23, 2010 12:27 PM |
February 22 2010 - Associated British Foods anticipates a “substantial increase” in half year adjusted earnings, with a strong performance from its sugar business and a boost from brands.
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posted @ Monday, February 22, 2010 12:39 PM |
February 19 2010 - Nestlé has reported a net profit of 10.4 billion Swiss francs for 2009, with strong food and beverage sales, as the group forecasts higher growth in 2010.
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posted @ Friday, February 19, 2010 11:15 AM |
February 18 2010 - Pernod Ricard’s profits have dipped 5% in the first half of the year, dented by unfavourable exchange rates during tough economic conditions.
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posted @ Thursday, February 18, 2010 3:49 PM |
February 18 2010 - Wal-Mart Stores, Inc. today reported today net sales of $112.8 billion for the fourth quarter of fiscal year 2010, an increase of 4.6 percent from $107.9 billion in the fourth quarter last year.
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posted @ Thursday, February 18, 2010 1:57 PM |
February 17 2010 - Whole Foods Market, Inc. reported today results for the 16-week first quarter ended January 17, 2010. Sales increased 7.0% to $2.6 billion.
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posted @ Wednesday, February 17, 2010 4:54 PM |
February 16 2010 - Kraft Foods Inc. reported today profit of $710 million, or 48 cents a share, up from $178 million, or 12 cents a share, a year earlier.
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posted @ Tuesday, February 16, 2010 1:49 PM |
February 16 2010 - Premier Foods said trading profit was up 4.5% in 2009 at £323m, with Hovis again a star performer, as the company continues its drive to grow key brands.
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posted @ Tuesday, February 16, 2010 10:50 AM |
February 15 2010 - France’s Carrefour declares it has no plans to leave Brazil, if anything, the supermarket chain plans on investing in the country according to one of their top executives in Brazil, Jean Marc Pueyo.
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posted @ Monday, February 15, 2010 11:39 AM |
February 15 2010 - Pernod Ricard has signed an agreement to sell a number of Swedish and Danish assets, including the Explorer vodka brand, to Altia for around €82 million.
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posted @ Monday, February 15, 2010 11:12 AM |
February 15 2010 - Asda is expected to focus on rolling out more smaller stores as it sets out plans for the next stage of its development this week, reports claim.
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posted @ Monday, February 15, 2010 10:38 AM |
February 12 2010 - The group behind the loyalty card used by Sainsbury’s in the UK is to launch its Nectar scheme at retail outlets across Italy, including Auchan Hypermarkets.
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posted @ Friday, February 12, 2010 4:49 PM |
February 12 2010 - Sir Terry Leahy, chief executive of Tesco, has attacked government plans for a supermarket ombudsman, saying it would work in the interests of suppliers rather than consumers.
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posted @ Friday, February 12, 2010 4:45 PM |
February 11 2010 - Lord Mandelson said that Kraft could have been “more honest” and more “straight dealing” if its chief executive Irene Rosenfeld had told him earlier of their intentions over job losses.
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posted @ Thursday, February 11, 2010 4:37 PM |
February 11 2010 - Drinks giant Diageo has reported a dip in profit for the six months ending 31 December 2009, as the consumer environment “remained weak” but there are signs of recovery.
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posted @ Thursday, February 11, 2010 4:31 PM |
February 11 2010 - The French food group Danone has boosted volumes on the back of price cuts and reported a rise in profit, aided by cheaper raw materials.
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posted @ Thursday, February 11, 2010 4:29 PM |
February 10 2010 - Sainsbury’s has hailed the success of its loyalty scheme, claiming that the number of people with a Nectar card has increased by over one million in the last twelve months.
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posted @ Wednesday, February 10, 2010 5:12 PM |
February 10 2010 - Kraft has confirmed that will close the Somerdale plant near Bristol as the outgoing Cadbury’s chairman said UK firms need protection from foreign takeovers.
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posted @ Wednesday, February 10, 2010 5:09 PM |
February 10 2010 - Opening one new store every 36 hrs, the Portuguese retailer Jerónimo Martins reaches today 1,500 stores in Poland for its banner Biedronka at the city of Poznan.
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posted @ Wednesday, February 10, 2010 5:06 PM |
February 09 2010 - The ice cream company Ben & Jerry’s informed in a brief statement today that Mr. Walt Freese has resign the positions of CEO and VP Global Brand Development to pursue other opportunities.
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posted @ Tuesday, February 09, 2010 4:18 PM |
February 09 2010 - The Atlanta Business Chronicle reported today that employees of The Kroger Co. in Atlanta and Savannah have reached a tentative agreement with union.
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posted @ Tuesday, February 09, 2010 4:16 PM |
February 09 2010 - The union representing Cadbury workers said that there are growing fears that the Somerdale plant will be the first casualty of Kraft’s takeover.
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posted @ Tuesday, February 09, 2010 4:13 PM |
February 08 2010 - The UK arm of the WWF is calling on the government to follow in the footsteps of France and Italy and support an international trade ban on Atlantic bluefin tuna.
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posted @ Monday, February 08, 2010 5:23 PM |
February 08 2010 - Japan’s largest beverage company, Kirin Holdings Co., will not be buying Suntory Holdings Ltd. A move that would of made Kirin the world’s fifth largest food maker had they not drawn back from the $10 billion asking price.
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posted @ Monday, February 08, 2010 5:22 PM |
February 08 2010 - The Irish convenience story chain Centra has made it their priority to accentuate their products’ value, seeing as how conscious consumers have gotten since the global recession.
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posted @ Monday, February 08, 2010 5:20 PM |
February 05 2010 - The Imperial Sugar Company reported today results for the first quarter 2010, with income reaching $178.1 million in the period.
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posted @ Friday, February 05, 2010 3:49 PM |
February 05 2010 - Migros, one of the largest Swiss retailers, does not exclude the possibility of expanding its market position in its homeland, Switzerland, as well as abroad this year.
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posted @ Friday, February 05, 2010 3:47 PM |
February 05 2010 - While settling on selling its only store outside of Africa to Future Group, Africa’s biggest grocer, Shoprite Holdings is still skeptical about their franchise’s future in India.
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posted @ Friday, February 05, 2010 3:45 PM |
February 04 2010 - Unilever has highlighted “strong growth momentum” in 2009 with innovation, increased advertising and competitive pricing driving improving volumes and market share across all regions.
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posted @ Thursday, February 04, 2010 2:29 PM |
February 04 2010 - Coop , one of Europe’s biggest retail groups, is planning to launch a new retail concept in Denmark through the opening of two new 24-hour convenience store locations by the end of the year.
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posted @ Thursday, February 04, 2010 2:27 PM |
February 04 2010 - Kellogg Company reported 2009 earnings results today, with $12.6 billion in net sales, a 2% drop from previous year, attributed to volume decline.
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posted @ Thursday, February 04, 2010 2:25 PM |
February 03 2010 - Swedish retailer Axfood has appointed a new president of its Hemköp business after the group reported stable sales growth in its year end results.
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posted @ Wednesday, February 03, 2010 3:47 PM |
February 03 2010 - Britain's wines and spirits merchant, Berry Bros. & Rudd,today announced that it has finalized an agreement under which it will sell the Cutty Sark blended Scotch whisky brand to The Edrington Group.
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posted @ Wednesday, February 03, 2010 3:45 PM |
February 03 2010 - Tesco is to spend more than £100m with UK green technology companies over the coming year as it works with suppliers to help reduce emissions.
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posted @ Wednesday, February 03, 2010 3:43 PM |
February 02 2010 - In a statement today Kraft Foods confirmed the end of acquisition process of UK's Cadbury.
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posted @ Tuesday, February 02, 2010 6:00 PM |
February 02 2010 - Wm Morrison has launched a legal case against Safeway's former chairman and 10 other ex-staff over alleged price fixing of dairy products.
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posted @ Tuesday, February 02, 2010 5:58 PM |
February 02 2010 - Core-Mark Holding Company, Inc. a distributors to the convenience retail industry, announced today that it expects approximately $6.9 billion in net sales in 2010.
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posted @ Tuesday, February 02, 2010 5:56 PM |
February 01 2010 - Brown-Forman informed today that it will establish a fully-owned sales and marketing operation in Germany, long one of the company’s largest and most important countries outside of the United States.
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posted @ Monday, February 01, 2010 4:54 PM |
February 01 2010 - Premier Foods has announced that David Kappler intends to step down as chairman later in the year, once his successor has been found.
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posted @ Monday, February 01, 2010 4:51 PM |
February 01 2010 - PepsiCo is to grow its nutritional and healthy ranges as its global chief executive aims to fundamentally change the mix of products it produces, reports claim.
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posted @ Monday, February 01, 2010 4:49 PM |
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