Cargill, which recalled almost 30,000 pounds of ground beef in the US this weekend, has been linked to five cases of salmonella. According to the US Department of Agriculture, the Food Safety Inspection Service launched an investigation ...
UK own-label firm Bakkavor has reported an "improvement" in its revenue and margins in a set of mixed half-year numbers. The company booked a 3% increase in like-for-like revenue for the first six months of 2012 to GBP853.3m (US$1.34bn), ...
Tags: Bakkavor, improvement, H1
Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
UK own-label firm Bakkavor has returned to profit in the third quarter of the year. Earnings in the three month period amounted to GBP2.8m (US$4.5m) compared with a loff of GBP5.7m in the prior year. The improvement was predominantly ...
Tags: Bakkavor, food, food industry, Profit
Associated British Foods has secured an own-label bread contract with UK retailer The Co-operative Group previously held by rival Premier Foods plc. The contracted, confirmed today (25 October), will take effect from the "middle part" of ...
Tags: Allied Bakeries, contract, Warburtons
Robust, single-minded and colourful were three words that sprung to mind asCarrefour CEO Georges Plassat discussed his plans for the French retail giant yesterday (30 August). However, some investors would like a little less gloss and a lot ...
Almost seven years since Tesco first announced its plan to enter the US, the UK retailer has today (5 December) said it is "likely" to quit the market. Tesco said it would take too long for its Fresh & Easy chain to reach the "scale and ...
One of the UK's largest own-label cake and pastry manufacturers has been snapped up by a private equity firm in£23.5M management buy-in deal(MBI). McCambridge Group's cake division–which bakes one in 10 of every retail ...
Tags: MBI, McCambridge, cakes, private equity
Branded food manufacturers are set to suffer further losses in market share as own-label products continue to grow in popularity,according to consumer market researcher,Kantar Worldpanel. In the soup:Tesco's decision to stock its ...
Tags: Branded food, own label products, market share, retailer
Glass container manufacturer Ardagh Group has produced new bottles for Absolut at the company’s glass plant in Limmared, Sweden. According to Ardagh, the new Absolut Unique concept from the Swedish Brewer is a limited edition of ...
Tags: Bottles, Glass container, decorated bottles
UK-based convenience food company Symington's has acquired family-owned baking business Victoria Foods for an undisclosed amount. This acquisition will strengthen Symington's position in the home baking category and also complement its ...
Tags: family-owned baking business, home baking category, home baking market
On 26 April 2012, ASOS plc announced that it had changed its accounting reference date from 31 March to 31 August. Now ASOS plc announces final results for the 5 months ended 31 August 2012. Highlights: Retail sales up 32% (UK retail ...
Tags: ASOS, final results, retail sales, net funds
Genius Foods,a UK-based producer of gluten-free baked goods,has partnered with Bako,as a part of its plan to foray into the foodservice sector. Bako,a bakery products and ingredients wholesaler,will initially market Genius Foods'products ...
Tags: gluten-free baked goods, foodservice sector, bakery products
UK-based supermarket chain Sainsbury's is launching the first Norfolk Black Chicken,a brand new breed for customers across the UK. Bred from two heritage breeds,the chicken has distinguished black legs and feathers with specks of bronze ...
Tags: Norfolk Black Chicken, turkeys, charity
UK-based retailer Sainsbury's has replaced the glass used in its peanut butter jars with plastic in a move that reduces carbon emissions by over 150t. According to Sainsbury's, the change has cut packaging by 83% or 882,000k and puts the ...