US regional retailer Ingles Markets saw its sales growth quicken in the third quarter of its financial year. The company, which runs over 200 supermarkets, said grocery segment comparable-store sales increased 2.1% in the quarter to 23 ...
Tags: Ingles Markets, sales growth, company news
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
Lower margins from gas sales have hit half-year profits at US c-store retailer Casey's General Stores. Net income fell 6.7% to US$71.9m for the six months to the end of October despite higher sales. Casey's pointed to lower margins from ...
US poultry giant Sanderson Farms said today (28 August) it had cut production to offset the spike in feed costs it expects after this summer's severe drought in the country. Chairman and CEO Joe Sanderson Jr said the company had reduced ...
Tags: Sanderson Farms, feed costs, poultry giant, grain prices
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
The News reported that after months of keeping their prices below Saudi Aramco contract price, state owned Oil and Gas Development Company Limited and Pak Arab Refinery raised their prices of liquefied petroleum gas to match the contract ...
Tags: LPG producers, petroleum gas, commercial cylinders, LPG production
Canadian dairy group Ultima Foods, which produces Yoplait under licence for the local market, has launched its own yoghurt brand. Ultima, a venture between Canadian dairy co-ops Agropur and Agrifoods International, yesterday (20 August) ...
Tags: Ultima Foods, Yoplait, yoghurt brand, Canadian food market
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
NEW YORK — Signaling the latest step in the evolution of the online flash sale sites, Gilt has introduced the Gilt Home Collection, a group of furniture, rugs and decorative accessories designed by Tom Delavan, creative director for ...
Tags: Furniture, rugs, decorative accessories, upholstered sofas
Apparel retailing is one of the sectors to be hit the hardest by the US economic slowdown of the last four years, as a result of US consumers holding back on spending the way they used to do before 2008. Which is the reason all the more ...
McNeil Nutritionals,the producer of Splenda Sweeteners,has launched its new product-Nectresse Natural No Calorie Sweetener. The new product has been developed by combining monk fruit extract with a blend of other natural sweeteners.The ...
Tags: sweetener, 100%natural, zero calorie
Claims by the Australian Food and Grocery Council that beverage prices have risen dramatically as a result of container deposit schemes have been found to be based on'weak methodology and poor data'by a senate inquiry. It also supported ...
Tags: Container
NEW YORK --- Signaling the latest step in the evolution of the online flash sale sites, Gilt has introduced the Gilt Home Collection, a group of furniture, rugs and decorative accessories designed by Tom Delavan, creative director for the ...
October 2012 Price Trend for LED Bulbs- Global Manufacturers to begin Targeting Affordable Pricing Strategies According to the latest price survey from LEDinside, a research division of TrendForce, global retail prices for new LED bulbs ...
Tags: LED Bulb
Taiwanese PCB (printed circuit board) makers reported mixed operation results for the third quarter, with Compeq Manufacturing Co., Ltd. Witnessing after-tax net income surging the most sequentially and Unitech Electronics Co., Ltd. ...
Tags: market view, PCB