Food price inflation is expected to stabilise over the next few months – despite recent reports of big food price increases from Waitrose – according to market research organisation BRC-Nielsen. Sainsbury reported total ...
Tags: food, price inflation, food price, Waitrose
Food inflation in the UK is likely to increase further in 2013, a development which will affect the catering and hospitality trade, according to the annual food inflation report from the UK-based procurement specialist Prestige Purchasings. ...
Tags: Food inflation, catering, hospitality, vegetables, potatoes, drink
Canadian food manufacturer Maple Leaf Foods has booked a drop in first-half profits. In the six months to the end of June, net earnings amounted to C$33.3m (US$33.2m), a 5.2% decline on the prior year. Adjusted operating earnings, ...
Tags: profits, food manufacturer, food, net earnings
South African retailer Massmart Holdings said its growth remained "steady" in the 20 weeks to 11 November but warned on margins for the second half. Notwithstanding "political uncertainty, both nationally and globally", South African ...
Tags: Massmart Holdings, growth, margin, food product
Net profit slides to EUR146.3m Underlying net profit, pre-tax profit rises Sales, margins improve Swiss bakery group Aryzta said that its performance for fiscal 2012 was "satisfactory" as it booked a decline in net profit, despite ...
According to Karvy Stock Broking, India's Gross Domestic Product growth for Q2 FY13 to drop to nearly 3 and a half year low of 5.1% which is mainly expected to be driven by sluggish growth in electricity generation and sharp drop in trade ...
South African retailer Shoprite Holdings has booked an increase in full-year like-for-like sales. In the 12 months to the end of June, the group saw like-for-like sales climb 8.5%. Total turnover increased 14.4% to ZAR82.7bn (US$10.04bn). ...
Tags: retailer, sales climb, sales, supermarket