Iceland Foods has big plans for its processing arm and exports that will put reports of falling annual profits and weak sales growth into perspective, according to one director. The discount frozen food chain bought manufacturer Loxton ...
Tags: Agriculture, Food
Tesco continues to struggle across Europe, with like-for-like sales excluding petrol down 5.5% as “tough economic conditions, challenging competitors and over-dependence upon out-of-favour hypermarkets” take their toll. ...
Tags: chilled convenience meals, frozen beef, Tesco, Darren Shirley
UK retail sales for May underline the growing importance of online sales, which “saved retailers’ bacon”, last month, according to consultancy firm KPMG. Online sales 'saved retailers' bacon' in May, said KPMG ...
Tags: British Retail Consortium Sales Monitor, Online sales, KPMG
UK retail sales values were down 2.2% on a like-for-like basis from April 2012, when they had declined 3.3% on the preceding year. On a total basis, sales were down 0.6%, against a 1.0% decline in April 2012. Growth was negatively ...
Tags: Apparel, Apparel Industry
A major challenge that organic and sustainable brands face is how to break through the green glass ceiling. How can such brands break out of their niche status and gain a mainstream following? How can they maintain their core green values, ...
Disappointing retail figures – including a slowdown in food sales – and the impact of the recent bad weather could plunge Britain into a triple-dip recession, experts are warning. Snow way to run a business: Each day of ...
Tags: Big Freeze, triple-dip recession, food sales
Marks and Spencer's share price has taken a hit after the retailer reported worse-than-expected third-quarter sales figures, despite strong demand for food over Christmas. Shares in the UK retailer dropped by around 5% today (10 January) ...
Tags: Marks and Spencer, share price, third quarter, sales figures
Britain’s biggest retailer Tesco enjoyed a happier Christmas than Marks and Spencer, with sales up by nearly 2%, compared with sales down by the same amount at M&S. Online food sales were up by 18% on the same period last year. ...
Tags: Britain, retailer, Tesco, Marks and Spencer
UK retailer Marks and Spencer today (22 May) hailed the "strong" performance of its food business, which posted higher sales and margins in a year when company-wide profits fell. The company reported a 0.2% fall in underlying pre-tax ...
Tags: Marks and Spencer, food business, sales, profit
Unilever's shares were up 3% this morning (25 October) despite food sales volumes falling in the third quarter as its spreads brands suffered from high pricing in key markets. Unilever, which owns food brands including Knorr stock cubes ...
Tags: food volumes slide, Unilever, high pricing
Food sales volumes fell at Unilever in the second quarter of 2012 after an increase in the first three months of the year, highlighting the current challenging nature of the sector. Unilever, which owns food brands including Knorr stock ...
Tags: Unilever, sales volumes, Knorr, Flora butter, lower food volumes
Marfrig has reported higher quarterly profits as the Brazilian meat processor increased its focus on value-added products and disposals and lower financing costs boosted its bottom line. Net income in the first quarter of 2012 rose ...
Tags: Marfrig, higher quarterly profits, lower financing costs
John Dixon, the head of Marks and Spencer's food business, has been moved to lead its general merchandise arm in a management reshuffle sparked by the departure of non-food boss Kate Bostock. Dixon, who will take his new role on 1 ...
French retail giant Carrefour has booked an increase in first-half sales, driven by growth in emerging markets, notably in Latin America. Growth in Latin America and Asia boosted sales for Carrefour in the six-month period as group sales ...
Tags: H1 Sales, Europe sales, Carrefour
Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry