Falling sales in a "tough" market has profits from The Co-operative Group's food arm, the UK retailer said today (23 August). Operating from The Co-op's food business was GBP119m (US$188.8m) in the half year to 30 June, down from GBP142m ...
Tags: falling sales, "tough"market, Co-operative Group's food, Co-op's food
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
Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
Canadian retailer Metro Inc has appointed François Thibault as group CFO. Thibault takes over from Richard Dufresne from 1 August, who quit the role in February to take up a position at an unnamed company. Thibault joins Metro ...
Tags: Metro Inc, François Thibault, group CFO, food
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
US deli meats producer Columbus Foods has expanded its product range to include a ‘Farm to Fork Naturals' line. "Mminimally processed and free of antibiotics and additives, the range has been created in repsonse to "consumer desire ...
UK retailer The Co-operative Group is to buy ten Costcutter stores in London for an undisclosed sum. The Co-op plans for the outlets to start trading as Co-operative food stores before Christmas, the retailer said today (19 November). ...
Tags: Costcutter Stores, UK retailer, Costcutter
Ahold today (4 September) admitted it is weighing up the options for its stake in ICA, the Sweden-based retailer. The Dutch retail giant owns 60% of ICA, which has stores in Sweden, Norway and the Baltic states. Ahold said it wanted to ...
Tags: Ahold, food retailer, food, food industry
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
Marks and Spencer's food business will continue to prosper, the UK retailer's chief executive said today (10 July), despite the head of the division being moved to lead its under-pressure non-food arm. Marc Bolland told just-food the ...
Tags: food business, food, food industry, food market
American food company Odwalla has launched four new food bars - Apple Toffee Pistachio, Chocolate Almond Coconut, Orange Cranberry and Lemon Ginger. The company noted that all food bars are good sources of five essential vitamins and ...
Tags: food bars, good sources, essential vitamins
B.-d. Farm Paris Creek, a dairy products manufacturer in Australia, is recalling Organic Biodynamic Yoghurt Apricot due to microbial contamination (E. coli), according to Food Standards Australia New Zealand (FSANZ). This product was sold ...
Tags: dairy products manufacturer, health food stores, diarrhoea, dehydration
Columbus Foods, a US-based producer of specialty meats, has launched Farm to Fork Naturals line, which features minimally processed, pre-sliced meats. The Farm to Fork Naturals line has been introduced with three deli meat and four salame ...
Tags: specialty meats, three deli meat and four salame varieties
Soupman, the US-based soup company, has announced the nationwide rollout of its soup product. The company has launched The Original SoupMan in four varieties - Lobster Bisque, Chicken Noodle, Lentil and Tomato Bisque. The soups are now ...
Tags: soup company, nationwide rollout of its soup product, lobster bisque
Kettle Brand, the potato chips brand owned by Diamond Foods, is introducing retired flavors for a limited time. The flavors include Red Chili, Jalapeño Jack, Salsa with Mesquite, and Cheddar Beer. According to the company, the ...
Tags: potato chips, Red Chili, Salsa with Mesquite, Cheddar Beer