Nestle has booked an increase in first-quarter sales thanks to strong growth in emerging markets offsetting a weaker performance in the US and Europe. Group sales in the first three months of 2012 came in ahead of analyst expectations ...
Tags: Nestle, sales, emerging market, food market
Slovenian retailer Mercator has warned of rising raw materials costs and "profound recession" in many of its key markets after swinging to a net loss in the first half of 2012. For the six months to the end of June, Mercator reported net ...
Tags: Mercator, raw materials, key market, food market, net loss
Mars Inc has launched a range of Dolmio tomato-based sauces for meatballs in the UK. The range, comprising Tomato & Basil, Tomato & Chilli and Tomato & Garden Vegetables, is the first of its kind in the wet cooking sauces sector, Mars ...
Tags: Mars Inc, sauce, food product, food market
Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
A garlic smuggler who resided in the UK and was sentenced to six years in prison for evading tax has gone on the run. Murugasan Natarajan, 57, who owned the London-based Perfect Imports & Exports company, was found with around 7,000kg ...
Tags: garlic, tax, food industry, food market
Premier Foods plc has sold ethnic flour business Elephant Atta to UK rival Associated British Foods, the latest disposal in its move to cut debts. The GBP34m (US$52.8m) deal includes the Elephant Atta brand, which Premier described as the ...
Tags: Premier Foods plc, ethnic flour, food industry, food market
Lotus Bakeries has acquired Mondelez International's marketing and distribution rights for the Dinosaurus biscuit brand through its acquisition of Spanish baker Artiach. The Belgian baker and Spanish food group Nutrexpa jointly acquired ...
Tags: Lotus Bakeries, food market, marketing, acquisition, Artiach
Price increases to offset higher commodity costs has boosted sales - and therefore profits - at US nut firm John B. Sanfilippo & Son. The company booked net income of US$7.5m for the quarter to 27 September, compared to $2.2m a year ...
Tags: commodity costs, sales, food market, food industry
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
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
US organic retailer Whole Foods Market has snapped up leases to six Johnnie Foodmaster's stores in and around Boston. The six stores average 31,000 square feet in size. Whole Foods plans to remodel each location, with the goal of ...
Tags: Whole Foods Market, food market, food industry, food store
US distributor United Natural Foods (UNFI) has booked an increase in earnings for fiscal 2012. In the 12 months ended 28 July, net profit amounted to US$91.3m compared to $76.7m a year earlier, the company reported today (11 September). ...
Tags: United Natural Foods, earning rise, food market, food industry
UK baker Warburtons has appointed Nestle UK's head of chocolate, Mark Simester, to the post of marketing director. Simester will join Warburtons in October, replacing Richard Hayes who left in January. Simester is well-placed to ...
Tags: Warburtons, Nestle UK, chocolate, food market
This week's clutch of featured industry research from the just-food store highlights commodities data from agribusiness specialists LMC International. It also includes in-depth looks at Carrefour's operations in Spain and Wal-Mart Stores' ...
Tags: featured industry, commodities data, just-food's research
This week's research round-up includes a clutch of reports looking at consumer trends in the French dairy market and baby food in China. BABY FOOD China Infant Formula and Care Product Industry Report, 2011-2012 The report analyses ...
Tags: Consumer Trends, Dairy, Baby Food