Editor's choice: the highlights on just-food this week
Wal-Mart posted its second quarter results this week, and to the relief of many manufacturers it announced it is looking to return a number of products that were delisted as part of its Project Impact initiative. Meanwhile Pepsico announced that it will have spent US$400m between 2008-2013 in Vietnam as it looks to increase its manufacturing capacity, introduce more products and "strengthen" its existing brands.
Manufacturers suffering after their brands have been delisted may see a silver lining as many North American grocers are finding they've been too brutal in their range rationalisation initiatives. Wal-Mart and Loblaw are but two who are now working to bring more products back onto their shelves.
PepsiCo stands to benefit from "significant" investment in functional and healthy products, amid tightening restrictions on the marketing of 'junk foods' to children, the head of health policy at the company said.
Private label sales have been growing in the US for a number of years and have been further boosted by the recession. Branded manufacturers have to fight back, but how?
Wal-Mart announced today (17 August) that it would be reversing a number of the changes it made as part of its "Project Impact" plan, which saw it reformat many of its US stores.
Food inflation pushed up UK grocery sales in the 12 weeks to 8 August, according to the latest data from analysts at Kantar Worldpanel.
Kraft is seeking high-tech chocolate bar packaging that will prevent bars from melting.
US food and drinks giant PepsiCo said its latest investment in Vietnam will take its planned expenditure in the country to $400m between 2008 and 2013.
Discount retailer Netto is planning to expand in Germany, Poland and Sweden following the sale of its UK arm to Asda.
SOUTH AFRICA: Danisco buys dairy ingredients firm Research Solutions
Food ingredients giant Danisco has snapped up South African dairy ingredients business Research Solutions.
Supermarket group Dansk Supermarked posted a rise in income for the first half of 2010 due to an increase in consumption, with the largest growth in Sweden and Poland.
US private-equity group Comvest has taken majority ownership of Washington-based grocery chain Haggen....
Commodity costs was a central theme this week and the likes of Kraft Foods and PepsiCo, announcing their annual results, said the pressure, which began in earnest in the second half of 2010, would con...
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- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Wessanen eyes growth in "resurgent" organic market
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kerry operating earnings strengthen on slow sales
- Kerry Group staff in Ireland suspend strike action
- Kerry's Scanlon to replace McCarthy as CEO