Dutch retailer Ahold has booked an increase in first-half profits but its shares fell amid pressure on margins and the company's caution over future trading. Earnings in the six months to the end of June climbed 8.2% to EUR530m ...
Tags: Ahold, shares, margins, amid pressure
Canada-based Vantage Foods is all set to establish a new meat packaging facility in Camp Hill, Pennsylvania, US. The facility, which is expected to start-up in fall 2013, will centrally process retail-ready fresh meats for the Giant ...
UK meat processor Linden Foods has secured a deal to supply bacon to Ahold's Albert Heijn stores in the Netherlands. Linden's Kettyle Irish Foods subsidiary is to sell "sustainably-produced" bacon to Albert Heijn, founder Maurice Kettyle ...
US convenience retailer 7-Eleven has confirmed hundreds of its stores remain closed after Hurricane Sandy caused havoc in the eastern part of the country. 7-Eleven had "close to" 280 outlets closed as of 1600 ET yesterday afternoon, a ...
Tags: 7-Eleven, convenience retailer, Hurricane Sandy, remain closed
A more muted profit forecast from UK meat processor Hilton Food Group sent shares in the Tesco and Ahold supplier down in early trading this morning (11 September). After reporting flat half-year profits, Hilton said it now expects annual ...
Tags: Hilton Food Group, meat processor, Operating profit, net profit
A swathe of results releases this week highlighted the ongoing difficulties of operating in the current economic climate. Supervalu announced that it is cutting 2,500 jobs from its Albertsons chain and McCain said that it is quitting pizza ...
Tags: Supervalu, cutting jobs, meat, food, packaged foods
Nualight has signed a multi-million dollar deal to install LED lighting in the refrigerators and freezers of 800 Co-Operative group food stores throughout the UK. Nualight (Cork, Ireland), a leading specialist in LED lighting for the food ...
Tags: led light