Nestle has won the latest legal spat in its chocolate war with Cadbury after it stopped its rival from copying the shape of its KitKat fingers. Nestle was protecting KitKat's four-fingered design Rowntree launched the KitKat in the ...
Tags: Nestle, legal spat, chocolate war, Cadbury, KitKat fingers
Japan-based Itochu Corporation has signed an agreement with the Dole Food Company to acquire its fresh produce and packaged foods business. The transaction will be completed after getting an approval from the competition authorities in ...
Tags: Itochu Corporation, Dole Food Company, fresh produce business
Dutch food company Vion has agreed for a management-buyout of its UK pork business, securing nearly 4000 jobs. The deal is being led by Seamus Carr, managing director of Vion's pork business unit, and is supported by UK private equity ...
Tags: Dutch food company, UK pork business, management-buyout
A Portsmouth baker was fined £5,000 and banned from operating a food business in the UK after environmental health officers found a robin flying around his mice-infested premises. The ban was the last resort for environmental health ...
Tags: pests, Life ban, Portsmouth baker
American agribusiness company Cargill has entered into an agreement with India-based Wipro to acquire its edible oil brand Sunflower Vanaspati for an undisclosed amount. Sunflower Vanaspati brand offers vanaspati - a vegetable oil that ...
Tags: Cargill, Wipro, acquisition, edible oil
The High Court of the southern Indian state of Karnataka issued a stay on the implementation of the regulations and some of the provisions of the Food Safety and Standards (FSS) Act, 2006. A six-month extension has reportedly been ...
Tags: High Court, India, FSS Act
UK-based retailer The Co-operative Food has introduced recyclable packaging for its own-brand onion range in a bid to step up its efforts to divert the majority of its operational waste from landfill. According to the retailer, producing ...
Tags: UK, recyclable packaging, onion range
US retailer Supervalu, battling to revitalise its business, has decided to close around 60 stores. Supervalu, which has a network of about 4,400 outlets across the US, said it would shut the "under-performing or non-strategic stores" in ...
Tags: Supervalu, under-performing stores, non-strategic stores
Falling sales in a "tough" market has profits from The Co-operative Group's food arm, the UK retailer said today (23 August). Operating from The Co-op's food business was GBP119m (US$188.8m) in the half year to 30 June, down from GBP142m ...
Tags: falling sales, "tough"market, Co-operative Group's food, Co-op's food
Under-pressure US retailer Supervalu Inc today (30 July) announced CEO Craig Herkert has left the company. Supervalu, which is battling to revitalise its business after three years of falling gross profit and identical-store sales, said ...
Tags: Supervalu, Craig Herkert, falling gross profit, falling sales
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
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
Singapore conglomerate Olam International has posted a fall in annual profits but sales volumes and margins from its food business continued to grow. The company yesterday (28 August) booked a 4.6% decline in underlying net profit to ...
Tags: conglomerate Olam International, annual profits, food business
Sainsbury's this morning (14 November) reported an increase in half-year profits, a period in which the UK retailer said it had "outperformed" its competitors. Pre-tax profits were up 2.5% to GBP405m in the 28 weeks to 29 September. ...
Tags: Sainsbury's, half year profits, increase, food industry
John Dixon, the head of Marks and Spencer's food business, has been moved to lead its general merchandise arm in a management reshuffle sparked by the departure of non-food boss Kate Bostock. Dixon, who will take his new role on 1 ...