Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
Despite tough economic conditions, revenues for the world's 250 largest retailers reached $4.3 trillion in the last fiscal year (June 2012 through June 2013). The average size of the top 250 retailers exceeded $17 billion according to the ...
Tags: Retail Economy, Service
China's large toy industry, including its plastics-related toy makers, faces potentially stepped up scrutiny on safety and factory working conditions. The global toy industry's main certification program for ethical manufacturing among ...
Tags: Toy Industry, Safety Checks
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
Vodafone's revenue dropped 4.2 percent for its fiscal year to March 31, because of tough economic conditions, particularly in Southern Europe. The operator's group revenue dropped to APS44.4 billion (US$67.8 billion) for the year ended ...
Specialist meat packing business Hilton Food Group is benefiting from its "broad geographic reach" despite the tough economic conditions, said City analyst Pamure Gordon. Hilton's wide geographic spread is helping to mitigate the full ...
Tags: Meat Packer, Hilton, Food
The overall retail value of the UK soft drinks industry increased by 3.3% in 2012 to nearly £15bn, according to the 2013 UK Soft Drinks Report, 'Refreshing the nation', by the British Soft Drinks Association (BSDA). Overall volumes, ...
Tags: Soft Drinks, Food
Plans are coming together and the show is taking shape. And this year, there are many new and exciting features to share from more demonstrations on the trade show floor to a bigger Innovative Product Pavilion with more exhibitors and more ...
Tags: AGC Glass, Glass, low-e glass
Nestle has announced the opening of the new 35m bottling and warehouse facility at Waterswallows in Buxton, as part of its plans to invest 500m in the UK over three years. According to the company, the new production lines have enabled ...
Tags: Nestle, bottling facility, bottling
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
Unilever has booked an expectation-beating increase in underlying sales as growth of its personal care division offset a "weak" food performance. The Anglo-Dutch consumer goods giant said today (23 January) that underlying sales in the ...
Following speculation that a next-generation Honda Accord Euro would not be produced, Honda President and CEO, Takanobu Ito, confirmed to CarAdvice at the Detroit auto show that a new model is being readied. Asked directly whether a ...
Tags: Honda, Next-Gen Model, Accord Euro
India's largest software company faces a new set of challenges The effects of Western austerity and rising wages at home are hurdles that Tata Consultancy Service must overcome if it is to continue its growth. Tata Consultancy Services ...
Tags: software company, new set of challenges, rising wages, Western austerity
Business Line reported that Mr Ratan Tata chairman of TATA Group has called on Britain to improve the competitiveness of its manufacturing sector, as he issued a warning about the high costs of doing business in the country. Mr Tata said ...
Tags: TATA Group, Jaguar Land Rover, TATA Steel, Tetley Tea
Sales of Caterpillar Inc.'s (CAT) construction and mining equipment slowed throughout the world, rising 6% in the three months to the end of September. It was the 28th-straight three-month period of retail-sales expansion for the world's ...
Tags: Market View, Mineral Machinery