Amplify Snack Brands announced it has strengthened the Company’s executive leadership team by appointing Mike DeGrace as senior vice president of sales for North American region. Mr. DeGrace joins Amplify with over 30 years of ...
Tags: Amplify Snack, packaged foods
According to recent projections compiled before the recent China stock exchange meltdown, Chinese grocery had been set to grow by a third between now and 2020 and reach US$1.5tn per year, according to the UK’s Institute of Grocery ...
Tags: grocery market, smartphones
Supermarket dumping of cage eggs could result in egg shortages Egg producers have continued to express concerns about the impact on Australia’s egg industry of moves by supermarket giants Coles and Woolworths, and fast food chain ...
Tags: Cage Eggs, Supermarket, Agriculture
Online groceries in Australia set to grow, IBISWorld Online groceries sales in Australia are predicted to grow, reaching $2,194 million in 2015, up 14.6 per cent from $1,914.2 million in 2014, according to market research organisation ...
Tags: hydroponic crop farming, coal seam gas extraction, Agriculture
Fairfax Media claims supermarket growth focus on ‘Junk’ food and cigarettes – confidential data leaked Fairfax Media’s Sydney Morning Herald and The Sunday Age over the weekend have published their analysis of ...
Tags: milk, Cigarettes, Agriculture
According to recently published figures for the UK, it now accounts for 13% of all transactions and online grocery sales are set to double in key European markets by 2016. This shift in consumer shopping behaviour has inevitably had an ...
Tesco’s pre-tax profits in the six months to 24 August were £1.39bn, with UK trading profit up 1.5% to £1.13bn. UK like-for-like sales – which strip out the impact of new stores – fell by 0.5%. ...
Tags: Tesco, fresh pork
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food
Tesco continues to struggle across Europe, with like-for-like sales excluding petrol down 5.5% as “tough economic conditions, challenging competitors and over-dependence upon out-of-favour hypermarkets” take their toll. ...
Tags: chilled convenience meals, frozen beef, Tesco, Darren Shirley
Retail sales fell at their fastest rate in more than a year in May, according to the CBI's latest monthly Distributive Trades Survey. The survey of 69 retailing firms saw the steepest fall in sales since January last year – showing ...
Tags: Apparel
How do you rate the prospects for your food and drink business over the year ahead? Taking part in Food Manufacture’s 2013 exclusive State-of-the-industry survey will allow you to compare your views with other industry professionals. ...
Tags: Food Manufacture business survey, Food, UK
Morrisons’ latest results reveal Britain’s fourth largest supermarket is still “in a difficult place”, as it grapples with three specific challenges, according to City analyst Investec. In addition to the problems ...
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
Asda, the UK's second-largest retailer, saw its underlying sales slow in the last three months of its financial year. The company today (21 February) reported its like-for-like sales, excluding fuel, increased by 0.1% in the 14 weeks to 5 ...
Tags: Asda, underlying sales, financial year
Expansion into Russia and store openings hit profits from Finland-based retailer Kesko's food stores last year. Operating profit from Kesko's food business dropped 3.8% to EUR168.4m (US$228m) in 2012, the company reported today (5 ...
Tags: food profits, food stores, food