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
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
South African retailer Massmart has booked an increase in annual profits on the back of improved sales. The company, in which Wal-Mart Stores owns a majority stake, yesterday (22 August) filed an 8.9% increase in underlying headline ...
Tags: WalMart Stores, annual profits, Operating profit, food retail
As a former president of Corporate Express in the US, Jay Mutschler appreciated the value and potential of the company's Australian and New Zealand business, which was respected for its strong profits and high growth levels. When the ...
Tags: Corporate Express, strong profits, high growth levels, Staples
Lebanon-Brothers Rami and Joe Keyrouz opened the Bar National in Beirut early 2012,yet within a few months were having to look at replacing their installed audio system."This is a roof top bar with live DJ and music playback,"said Youssef ...
Tags: Lebanon, bar, live DJ and music playback
In response to Federal Opposition Leader Tony Abbott continuing his truck drive from Brisbane to Terrigal, Australasian Railway Association (ARA) CEO Bryan Nye has invited Mr Abbott to travel by rail instead. Daniel Hurst / ...
Tags: truck drive, additional carbon dioxide emissions, regional centres
TreeHouse Foods has named Dean Foods executive Chris Sliva as COO of its Bay Valley Foods unit. Sliva's appointment to the newly-created role reflects the "new alignment" of its senior management, TreeHouse said. This is a reflection of ...
Tags: TreeHouse Foods, Dean Foods, Chris Sliva, Bay Valley Foods unit
Dutch food group Wessanen has taken full control of frozen food maker Favory Convenience Food. It has bought the 35.9% stake it did not already hold from Rabo Capital for EUR5m (US$6m). Wessanen is looking to maximise the value of its ...
Tags: Wessanen, frozen food, Favory Convenience Food, takeover
UK supermarket operator Asda has unveiled plans to extend its sustainability partnership with suppliers after the group's investment in sustainability generated an 85% increase in cost savings, which rose to GBP13m (US$20.9m) last year. ...
Tags: supermarket operator supermarket, fresh suppliers, frozen suppliers
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
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
International reinsurance broker Willis Re has completed the second stage of implementing Sequel's Eclipse Broking software. Implementation of the technology brings the number of Willis Group staff using Sequel's platform for their ...
The German kitchen furniture manufacturer Leicht Küchen placed plant orders worth a total of €11m with the machinery producer IMA at the beginning of November. IMA CEO Rüdiger Schliekmann reports that delivery and ...
ITRI announced its cutting edge roll-to-roll (R2R) process on 100µm flexible glass substrates today at FPD International, an industry trade show, occurring Oct. 31 - Nov. 2, 2012 in Yokohama, Japan. Drawing inspiration from the R2R ...
Tags: ITRI, R2R process, flexible glass substrates
Technology Editor Steve Bush, looks at the latest LED products hitting the market from Cree, Lumileds, Seoul Semiconductor, Osram, Nichia, and Sharp. All the major LED suppliers have released additional lighting-class LEDs over the ...
Tags: LED light, developments, LED, LED products