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April 2010 Entries

FBD: Milk and butter price fixing claims against Tesco dropped (UK)

April 30 2010 - The Office of Fair Trading (OFT) has dropped its milk and butter allegations against Tesco, as part a dairy investigation into breaches of competition law, due to insufficient evidence. Read more [FoodBizDaily]

First Page: Unilever benefits from growth drive in Q1

April 29 2010 - Unilever has seen its quarterly volumes grow 7.6% as it continued to put pressure on rivals with price cuts and increased marketing. Read more [FoodBizDaily]

First Page: Asda “guarantees” lowest supermarket prices as market share slips

April 28 2010 - Asda is claiming a “worldwide first” with the launch of an online tool to guarantee shoppers the lowest prices, as market figures indicate the supermarket is being outpaced by rivals. Read more [FoodBizDaily]

First Page: Premier Foods feels the heat from competitor promotions (UK)

April 27 2010 - Fierce promotional activity appears to be taking its toll on Premier Foods, which said that total group sales were down 5.1% in the first quarter. Read more [FoodBizDaily]

First Page: Poultry firm 2 Sisters to acquire Storteboom Group (UK)

April 26 2010 - The poultry processor 2 Sisters has agreed to purchase the Dutch-based poultry firm Storteboom Group as it expands into Eastern Europe whilst strengthening its position in the West. Read more [FoodBizDaily]

First Page: SABMiller announces construction of $34m brewery in Namibia

April 23 2010 - SABMiller announces that its Namibian subsidiary, SABMiller Namibia (Pty) Limited, is to build a US $34 million brewery on 7.2 hectares of land outside Okahandja city, 70km north of Windhoek. Read more [FoodBizDaily]

First Page: Nestlé first quarter sales climb

April 22 2010 - Nestlé has reported 4.5% growth in food and beverage sales in the first quarter of the year, with a strong performance in BRIC countries. Read more [FoodBizDaily]

First Page: FDF says food industry should be central to eco recovery strategy (UK)

April 21 2010 - The Food and Drink Federation (FDF) is calling on the next Government to put a sustainable UK food sector at the heart of its strategy for economic recovery and make sure it remains competitive. Read more [FoodBizDaily]

First Page: Tesco defies economic storm with profit rise

April 20 2010 - Tesco has increased group profit by 10% with plans to create 16,000 new jobs this year and step up expansion.  Underlying profit before tax rose to £3,395m, an increase of 10.1%. Read more [FoodBizDaily]

First Page: Seafood and soft drinks help drive export growth (UK)

April 19 2010 - UK food and non-alcoholic drink exports grew 4.4% in 2009 to £9.65bn with non-alcoholic drinks the best performing sector, the latest statistics reveal. Read more [FoodBizDaily]

First Page: Milk sold in bags brings mixed fortunes to Sainsbury’s (UK)

April 16 2010 - Sales of the bags, which use 75% less packaging than standard plastic bottles and are cheaper to produce, have reached around 110,000 per week, according to the retailer. Read more [FoodBizDaily]

First Page: Uniq posts losses but turnaround in sight (UK)

April 15 2010 - The convenience food group Uniq said it has seen a year of improved trading and successful disposals, despite posting a group loss before tax from continuing operations of £18.5 million. Read more [FoodBizDaily]

First Page: Ahold considers Albert Heijn expansion into Belgium (Netherlands)

April 14 2010 - CEO of the Netherlands-based grocer Ahold said that the group is looking to expand its Albert Heijn business into Belgium. Read more [FoodBizDaily]

First Page: Asda seeks new CEO as Bond steps down

April 13 2010 - Andy Bond is to leave his role as Asda’s CEO after five years and move into the new part-time position of chairman of the retailer’s executive committee. Read more [FoodBizDaily]

First Page: Coca-Cola ups stake in Innocent smoothie company (UK)

April 12 2010 - Coca-Cola has increased its investment in Innocent in a deal that is hoped will help boost the UK smoothie company’s international expansion. Read more [FoodBizDaily]

First Page: X5 Retail reports growth in profits and new stores in Q1 2010 (Russia)

April 09 2010 - X5 Retail Group N.V., Russia's largest retailer in terms of revenue, announced today its retail sales and operational performance for the quarter ended 31 March 2010. Read more [FoodBizDaily]

First Page: M&S performance “resilient” in Q4

April 08 2010 - Marks & Spencer has continued to see food sales grow over the fourth quarter driven by better value, availability and product innovation. Read more [FoodBizDaily]

First Page: Unilever reaffirms its commitment to buy all its palm oil from certified sustainable sources by 2015

April 07 2010 - Unilever today announced that it has secured enough GreenPalm certificates of sustainable palm oil to cover the requirements of its European business; as well as those of its business in Australia and New Zealand. Read more [FoodBizDaily]

First Page: REWE takes over 65 Tengelmann stores in Germany

April 05 2010 - In Germany , The Federal Cartel Authority has approved the takeover of  65 Kaiser's Tengelmann GmbH stores by the REWE Group. All stores are in the Rhine-Main-Neckar region. Read more [FoodBizDaily]

First Page: Barry Callebaut sales volumes up but operating profit down

April 01 2010 - Barry Callebaut has reported a sales volume increase of 7.8% in the first half of the year as it saw a slight improvement in the global chocolate market in the second quarter. Read more [FoodBizDaily]

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