University of Sydney-based research centre the Fresh Produce Safety Centre has launched two landmark research projects, which it says are aimed at improving the safety of Australian and New Zealand fresh produce. Australian Food News ...
Half-year profits at Coles, Australia's second-largest retailer, increased by more than 15%, owner Wesfarmers has reported. Earnings before interest and tax from Coles for the six months to the end of December were up 15.1% at A$755m. ...
Tags: Coles, profits, second-largest retailer
Woolworths Ltd CEO Grant O'Brien has claimed "solid" first-half sales for the Australian retailer and insisted its domestic food and liquor business had increased its market share. The company, Australia's largest retailer, booked a 4.8% ...
Tags: food business, liquor business, sales
UK meat packer Hilton Foods Group said today (10 January) that it has entered into a joint venture agreement with Woolworths Ltd, Australia's largest supermarket. The deal establishes a new company, Woolworths Meat Co, in which Hilton ...
Tags: UK, meat packer, Hilton Foods Group, joint venture
Australian grocery retailer Coles has booked a jump in full-year sales despite a highly competitive retail environment and food price deflation. Wesfermers, the coal-to-grocery conglomerate that owns Coles, revealed today (26 July) that ...
Tags: grocery retailer, retail environment, deflationary environment
Woolworths Ltd today (23 July) revealed it was able to grow its full-year sales, despite the Australian retailer's supermarkets reporting falling prices. In an announcement to the Australian stock exchange, Woolworths said sales rose by ...
Tags: Woolworths Ltd, retail, supermarket, falling price
Australian food group Goodman Fielder, which has made losses in its last two financial years, said today (22 November) it had secured a "milestone" agreement on prices and recovering input costs. MD Chris Delaney said Goodman Fielder had ...
Tags: Goodman Fielder, losses, food, bread, artisan bread
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots