South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits. Earnings for the six month period earnings grew 19.6% to ZAR1.70bn ...
Tags: supermarket operator, Shoprite Holdings, growth pattern
A majority of consumers interviewed by the UK Food Standards Agency (FSA) confess to having little knowledge of genetically modified foods, but would still support labelling on products. Almost nine in every ten of the consumers ...
Tags: GM food, Food Standards, genetically modified foods, foods
The chairman and CEO of US retailer Safeway Inc, Steve Burd, has announced his intention to retire. Burd, who joined Safeway in 1992 as president, will step down at the company's annual stockholders meeting on 14 May. The group said it ...
Tags: Safeway, Steve Burd, retire, company news
Vion has finalised a deal for an MBO of its UK pork arm, which is among a series of assets in the country the Dutch food group is looking to sell. The company today (13 December) confirmed UK private-equity firm Endless would back a ...
Tags: Vion, deal, MBO, UK pork arm
Dutch food manufacturing giant Vion has agreed a management buyout of its UK pork operations, safeguarding about 4,000 jobs. The new venture, backed by private equity firm Endless, will be led by Seamus Carr, md of Vion’s Pork ...
Tags: Vion, management buyout, UK pork operations
Dutch meat supplier Vion has announced it wants to quit the UK, a market it has said suffers from over-capacity and "extremely challenging" trading conditions. Vion said today (19 November) it is already in "detailed discussions with a ...
Tags: Meat giant, Meat, Dutch meat, meat sector
Spanish retailer El Corte Ingles is to join buying alliance AMS Sourcing. The retailer will join Netherlands-based AMS from 1 January, it announced today (31 July). Bert Swartsenburg, AMS managing director, said: "We are more than happy ...
Dutch food company Vion has announced its plans to sell UK businesses, which employ 13,000 people in 38 facilities across the country. The company noted that this move is a part of its strategy to focus on core markets in Netherlands and ...
Tags: part of strategy, core markets, global ingredients business
Morrisons appears to be upping its game after its"very disappointing"third quarter,according to Shore Capital analysts Clive Black and Darren Shirley. Black and Shirley's comments followed the latest Nielsen report on supermarkets'market ...
Uncertainty surrounds the future of 13,000 food manufacturing jobs today(November 19),as Dutch food manufacturing giant Vion announced plans to sell its UK food businesses to concentrate on what it describes as"core markets"in the ...
Tags: Vion, jobs, core markets
Despite a steady rise in retail spending, Australian retailers are still feeling the effects of low levels of consumer sentiment, driven by economic uncertainty and low job security. Retail sales growth over the past six months has been ...
Tags: retailers, economy, sales growth, investment spending