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Magnit Has Booked an Increase in Profit in The First Nine Months of The Year

Dec 11, 2012

Russian retailer Magnit has booked an increase in profit in the first nine months of the year, boosted by a high pace of new store openings and a focus on low prices. In the nine months to the end of September, net income soared 140.6% to ...

Tags: Magnit, new store openings, like-for-like sales

The Fresh Market Booked a Jump in Third-Quarter Sales and Earnings This Morning

Dec 11, 2012

US speciality retailer The Fresh Market booked a jump in third-quarter sales and earnings this morning (28 November). The Fresh Market said net sales rose 22.1% in the three months to 28 October, climbing to US$321.5m as new store ...

Tags: earnings rise, recruitment process, net sales

Australian Chocolate Retailer Darrell Lea Is Set to Close 32 Stores,Half of Its Stores

Dec 11, 2012

Australian chocolate retailer Darrell Lea is set to close half of its stores, resulting in a loss of almost 200 jobs. The company's administrators, PPB Advisory, noted that 32 of the stores will close, leaving 198 casual, part-time and ...

Tags: Darrell Lea, close store, job loss, food industry

CFIA Recalls Spice Kingdom Brand Dried Egyptian Basil Products

Dec 11, 2012

The Canadian Food Inspection Agency (CFIA) has expanded the recall of Spice Kingdom brand dried Egyptian Basil products because they may be contaminated with Salmonella. The latest recall includes Spice Kingdom brand dried Egyptian Basil ...

Tags: CFIA, recall, Egyptian Basil, Salmonella, food safety

Us-Based Nbty Opens a $20m Nutritional Bar Manufacturing Plant in New York

Dec 11, 2012

NBTY, a US-based manufacturer of nutritional supplements, has opened a $20m nutritional bar manufacturing plant in Amityville, New York. NBTY noted that the facility will enable the company to meet the increasing demand for its ...

Tags: NBTY, nutritional bar, food plant, food industry

Brazilian Meat Giant Marfrig Has Returned to Profit in The Third Quarter of The Year

Dec 11, 2012

Brazilian meat giant Marfrig has returned to profit in the third quarter of the year. In the three-month period, net income amounted to BRL$10.4m (US$5.1bn), reversing a net loss of BRL$540m recorded a year ago. Marfrig put the ...

Tags: meat giant, Marfrig, company profit, Seara Foods, added products

Glencore Receives Approval From Canada for $6.01bn Acquisition of Grain Handler Viterra

Dec 11, 2012

Swiss commodities trader Glencore International has announced that it has received approval from the Canadian government for C$6.1bn ($6.01bn) acquisition of grain handler Viterra. Glencore, which has been in discussion with the ...

Tags: Glencore International, acquisition, grain, Viterra

Nature's Pride Rolls out New Packaging for Its Wide-Pan Hearty Breads

Dec 11, 2012

Nature's Pride, the American bread brand owned by Hostess Brands, is rolling out a new packaging for its wide-pan Hearty Breads, featuring simplified nutritional benefits, in order to help consumers make better informed choices. All the ...

Tags: new packaging, food packaging, Nature's Pride, food product

Chronobiologically Adapted Lighting Leads to a Medically Measurable Improvemet

Dec 11, 2012

Partners from research and industry are studying the principles of next-generation cabin lighting Gradual transitions from day into night have become standard today on board of modern passenger aircraft. Bergische Universität ...

Tags: cabin lighting, Osram, LED, flight tests, LED-based lighting

Nature's Emporium Recalls Prune Concentrate That Maybe Contaminated with Salmonella

Dec 11, 2012

Nature's Emporium is voluntarily recalling Baby Move brand Prune Concentrate - a dietary supplement, as the product may be contaminated with Salmonella, according to the Canadian Food Inspection Agency (CFIA). The affected product, Baby ...

Tags: Nature's Emporium, recall, Salmonella, food safety

Herbalife Has Launched Formula 1 Express Meal Bar

Dec 11, 2012

US-based nutrition company Herbalife has launched Formula 1 Express Meal Bar, a high-protein meal replacement bar. The company noted that the new bar, which is high in dietary fiber, has been developed for good nutrition and weight ...

Tags: Herbalife, Formula 1 Express Meal Bar, food product, food industry

For Flat Glass Manufacturers Wishing to Protect Their Products From Damage

Dec 11, 2012

For flat glass manufacturers and finishers wishing to protect their products from damage or influences that could degrade quality,there's no way around the experts at IfG Ingenieurbüro für Glastechnik GmbH. The company is ...

Tags: flat glass, Waiblingen, Grafix GmbH, KSL Staubtechnik GmbH

Apparel Fit & Grading System Are Launched by Icebreaker

Dec 11, 2012

Merino pioneer Icebreaker is appealing to a new generation of customers by launching a new fit and grading system for all its garments.Populations'body sizes have changed over time,so the New Zealand-based company hired global fit experts ...

Tags: Merino pioneer, Icebreaker, fit and grading system, garment

Danone,Fonterra Plans to Acquire a Controlling Stake in India-Based Tirumala Milk Products

Dec 11, 2012

Danone and Fonterra are planning to acquire a controlling stake in India-based Tirumala Milk Products, a leading supplier of liquid milk in the country. The company's private equity investor Carlyle Group, and the promoters have started a ...

Tags: Danone, Fonterra, Tirumala Milk Products, liquid milk

Woolworths Recalls Macro Wholefoods Market Organic Biodynamic Almonds

Dec 11, 2012

Australian supermarket chain Woolworths is recalling Macro Wholefoods Market Organic Biodynamic Almonds due to Salmonella contamination. According to Food Standards Australia New Zealand (FSANZ), the product being recalled was sold in ...

Tags: Woolworths, recall, Salmonella contamination, food safety