NUALIGHT GROUP APPOINTS NEW CHAIRMAN Tuesday, December 18, 2012: International Lighting Executive Per Langholz has been appointed Non-Executive Chairman of the Nualight Group as the Irish LED lighting technology specialist accelerates its ...
Tags: Nualight Group, Lighting, Lights, Chairman
Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
Kashi, a US-based natural food company owned by Kellogg, has announced the launch of two USDA certified organic cereals, Kashi Berry Fruitful and Kashi Blackberry Hills, which incorporate organic fruit and whole grains. Berry Fruitful ...
Tags: US-based natural food company, USDA certified, organic cereals
Carrefour announces the signing of an agreement with the Chilean group Cencosud for the sale of its operations in Colombia for an enterprise value of € 2.0 billion. This transaction is in line with Carrefour's new strategy of focusing ...
Tags: Colombia, Cencosud, leading position
Chip giant McCain Foods has struck a deal to buy Dutch potato products manufacturer CêlaVíta. McCain announced the deal, signed for an undisclosed sum, yesterday (24 July) and said it would allow it to supply customers with a ...
Tags: McCain Foods, potato products, acquisition, company news
UK retailer Marks and Spencer today (22 May) hailed the "strong" performance of its food business, which posted higher sales and margins in a year when company-wide profits fell. The company reported a 0.2% fall in underlying pre-tax ...
Tags: Marks and Spencer, food business, sales, profit
Ahold has booked a 3% drop in net income during the first quarter of 2012 as the retailer invested in price cuts in the face of weakening consumer sentiment in Europe and the US. First-quarter net income fell 3.1% to EUR282m (US$352m), ...
This week's clutch of featured industry research from the just-food store highlights global food retail, functional food and beverages and baking ingredients in China. Growth Opportunities in Sports Nutrition This report details the ...
Tags: industry research, global food retail, functional food
Australian retail distributor Metcash has booked a drop in full-year profit. For the 12 months to the end of April, earnings dropped to A$90m (US$90.4m) from A$241.4m in the prior-year. Metcash blamed the decline on restructuring costs ...
Tags: Metcash, full year profit drop, food retail, food industry
Canadian retailer Metro Inc has appointed François Thibault as group CFO. Thibault takes over from Richard Dufresne from 1 August, who quit the role in February to take up a position at an unnamed company. Thibault joins Metro ...
Tags: Metro Inc, François Thibault, group CFO, food
South African retailer Massmart Holdings said its growth remained "steady" in the 20 weeks to 11 November but warned on margins for the second half. Notwithstanding "political uncertainty, both nationally and globally", South African ...
Tags: Massmart Holdings, growth, margin, food product
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
Nualight, an Ireland-based clean-tech company specialising in LED lighting for food retail outlets, has introduced two new lighting solutions for food displays. The new lighting solutions not only bring out the natural colours of food ...
Tags: clean tech, LED lighting, food company, lighting solution
Swedish retailer Axfood has booked drop in third-quarter profits as earnings were hit by costs related to store closures. In the three months to the end of September, profit after tax fell 0.7% to SEK265m (US$39.7m), which Axfood ...
Tags: Axfood, Q3 profit, costs, store closures
Swedish retailer Axfood has booked an increase in first-half profits, boosted by an increase in customer numbers and continued cost control measures. In the six months to the end of June, profit after tax amounted to SEK403m (US$57.5m), a ...
Tags: Axfood, H1 Profit, increase, customer numbers