Premier Foods plc has refused to be drawn on reports it has hired Goldman Sachs to talk to potential suitors for its bread business. Sky News and The Times reported the UK food maker had asked the investment bank to sound out whether ...
Tags: Premier Foods plc, Goldman Sachs, bread business, food industry
Sainsbury's chief executive Justin King today (9 October) called on the UK food industry to adopt common front-of-pack nutrition labels. King said the sector should "put aside their differences" and introduce "universal" labelling. ...
Tags: Sainsbury, Justin King, food industry, nutrition label
US canned food firm Seneca Foods has announced it could buy local peer Independent Foods. Seneca Foods said it had signed an MOU "contemplating an acquisition" of the company, which makes branded and own-label canned fruit. Any deal ...
Tags: Seneca Foods, canned food, Independent Foods
Ireland's grocery sales have seen their biggest fall for two years as shoppers reign in spending in the face of "tough" economic conditions, the latest figures from Kantar Worldpanel reveal. According to Kantar, the grocery market fell by ...
Tags: Own-label, sales rise, grocery market, Kantar
A recall of New Mexico-based manufacturer Sunland's peanut butter - which is believed to be contaminated with salmonella - has expanded to now include 240 products. In an announcement on Friday (5 October), the US Food & Drug ...
Tags: Peanut butter, expanded further, Food&Drug Administration
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
Irish grocery sales fell 0.9% in the 12 weeks to 5 August, according to the latest data from Kantar Worldpanel. The decline was not as steep as the 1.3% slide in the 12 weeks to 8 July but again demonstrated the pressure consumers in ...
Tags: grocery sales, latest data, Kantar Worldpanel, Kantar, Tesco, SuperValu
UK baked goods company McCambridge has sold its own-label cake division to private-equity firm NBGI. The deal, announced this morning (5 December), is for a business that operates bakeries in Manchester, Bradford, Blackburn, ...
Tags: McCambridge, own-label, PE firm NBGI
Online supermarket Ocado has extended its price offensive against Tesco with the nationwide roll out of its Low Price Promise campaign. The campaign, an extension of its existing 'Tesco Price Match' scheme, pledges to beat the price of ...
Tags: Ocado, Online supermarket, label products
Some 900 jobs are to go at Premier Foods plc after the Hovis manufacturer announced a range of measures to reshape its bread business. Premier plans to close two bakeries, cut over 100 distribution routes and revamp its logistics ...
Tags: Premier Foods, bread arm, bread business, Foods
UK-based private-label ice cream maker R&R Ice Cream has acquired Italian ice cream manufacturer Eskigel. The acquisition, for around EUR77m (US$94.5m), will give R&R an "immediate and major" presence in Europe's largest ice cream ...
Tags: acquisition, R and R, Eskigel, ice cream
Sainsbury's was the "stand-out performer" in the UK's grocery market in the last three months, according to the latest data from Kantar Worldpanel. The retailer's sales climbed 6.4% in the 12 weeks to 28 October, increasing its share of ...
Tags: grocery market, sales, grocery
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ron Wilkinson, president of Ralcorp Holdings' own-label cereal business, plans to leave the US food company. Wilkinson will step down from the role of president of Ralcorp Cereal Products on 30 September. "Ron has contributed greatly to ...
Tags: Ralcorp Holdings, Ron Wilkinson, food company, food industry
Hain Celestial has today (22 August) been announced as the buyer of Premier Foods plc's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter. The US food group had been linked to Premier's spreads business, ...
Tags: Hain Celestial, Premier Foods plc, peanut butter, food industry