Dutch retailer Ahold has booked a decline in operating profit as investments in pricing hit margins. The company booked an 11% increase in sales, which rose to EUR1.6bn (US$9.67bn) as its strategy to lower prices resulted in higher ...
Tags: Ahold, operating profit, decline, food industry
The results of the quarterly Manufacturers Alliance for Productivity and Innovation(MAPI)Survey on the Business Outlook indicate slowing growth for U.S.manufacturing over the next three to six months.But despite posting a 5 percentage point ...
Tags: MAPI, Business Outlook, U.S.manufacturing
Kosher food specialist G. Willi-Food has recorded a drop in nine-month profits as the firm experienced commodity cost increases and pressures from supermarkets to reduce prices. Net income in the nine months to the end of September ...
Tags: Net profit, Operating profit, Net sales
Morrisons is to trial a voucher scheme in a handful of stores in the north-east of England. The UK retailer said the trial will take place in around ten stores initially, before the group decides whether to roll it out across the country. ...
Tags: voucher scheme, Morrisons, stores, grocery shop
Boparan Holdings, the parent company of UK firm 2 Sisters Food Group, has moved into the black in its last financial year when its sales grew ahead of the market. The business booked a profit of GBP42.5m for the 12 months to 28 July, ...
Tags: FY profit, LFL sales, frozen business
Dairy giant Fonterra has lowered its forecast for annual earnings in its next financial year, blaming currency fluctuations and "difficult" trading conditions in Australia and New Zealand. The New Zealand company said today (28 August) it ...
Tags: Dairy giant, Dairy, net profit, Fonterra
Steel market in China got a jerk with slight improvement.More than the quantum it was the temperament which was encouraging.In the backdrop of healthy growth in manufacturing activity for the first time in 13 months in November,according to ...
Tags: steel market, PMI, HSBC, economic stability
Automakers are eliminating spare tires to save space, weight, and cost, instead providing run-flats or just a can of sealant and an inflator for emergencies. And as we saw at the recent SEMA show, aftermarket suppliers are getting into the ...
Tags: spare tires, SEMA show, emergency kits for car, punctured tire
Superstorm Sandy left a wake of destruction, leaving millions without power. Many people are now emerging from debris-strewn neighborhoods, seeking supplies or trying to return to work. Even though roads are becoming increasingly passable, ...
Bernard Matthews has said it is "cautious" on the outlook for the coming 12 months, despite returning to profit in its last financial year. The company said pre-tax profit in the 12 months to 1 July rose to GBP2m (US$3.2m). In the ...
Tags: feed costs, consumer sentiment, turkey
Halloween is a holiday that is supposed to be scary, but as costumed children hit the roads for treats, safety should be a top priority to ensure no true horrors occur. Between the hours of 4 p.m. and midnight on Halloween is the ...
Tags: Road Tips, Halloween, horrors occur
Dutch retailer Ahold has booked an increase in first-half profits but its shares fell amid pressure on margins and the company's caution over future trading. Earnings in the six months to the end of June climbed 8.2% to EUR530m ...
Tags: Ahold, shares, margins, amid pressure
Brazilian food group Brasil Foods has said it will look to increase prices to offset the recent spike in commodity costs. The company yesterday (14 August) reported a slump in half-year profits that was partly thanks to a spike in grain ...
Tags: Brasil Foods, Foods, food group, food prices
Production of molybdenum concentrates during the Q3 (July to September) of 2012 by major miners was 66.92 million pounds reflecting the downward trend since the beginning of 2012, following 69.28 million pounds during the Q1 (January to ...
Tags: Molybdenum, Molybdenum Production, Production of molybdenum concentrates
While its companion index on the manufacturing side fell for the fourth time in the last six months in November, the Institute for Supply Management (ISM) reported today that things were better on the non-manufacturing side. In its ...
Tags: ISM, companion index, fell, new orders, manufacturing