just-food authors and correspondents

Katie Smith

Articles by Katie Smith

Superama owner Walmex saw profits fallMEXICO: Costs, late Easter weigh on Walmex profits 23 April 2014

Retailer Wal-Mart de Mexico, known locally as Walmex, has blamed higher expenses and a shift in the timing of Easter for a 4.5% drop in first-quarter profits.


Target Corp has announced it is cutting 475 jobsUS: Target Corp axes 475 jobs globally 27 January 2014

US retailer Target Corp has become the latest retailer to cut jobs, with the announcement it is laying off around 475 employees globally.


INDIA: Q3 sales jump at Reliance Retail 20 January 2014

Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has recorded a 38% jump in third-quarter turnover.


INDIA: Reliance Retail posts 41% hike in H1 turnover 22 October 2013

Reliance Retail, the retail arm of industrial conglomerate Reliance Industries, has recorded a 41% hike in first-half turnover.


Wal-Mart will own Best Price wholesale businessINDIA: Wal-Mart, Bharti to go it alone in India 9 October 2013

Wal-Mart Stores is to buy out Indian venture partner Bharti Enterprises, ending the speculation over the future of the business.


US: Family Dollar sales flat, outlook cautious 9 October 2013

Shares in Family Dollar Stores fell today (9 October) after the US discounter reported flat underlying sales.


US: Dollar General posts Q2 profit growth 5 September 2013

US discounter Dollar General posted a "solid" performance during its second quarter, with both net profit and sales growing on the back of increased traffic in its stores.


Laavainen says Hong KongInterview: Raisio targets emerging markets in Benecol push 4 September 2013

Finnish food group Raisio is looking to expand the presence of its Benecol brand in emerging markets, with South America and Asia at the forefront. The company today (4 September) launched its Benecol yoghurt drinks in Hong Kong. Katie Smith spoke to Mikko Laavainen, vice president of Raisio's licensed brands, who outlined the group's mid- to long-term growth strategy for the Benecol business.


The deal is part of Unternehmensgruppe Theo MüllerUK: Muller acquires UK operations of dairy group Nom 4 September 2013

German dairy giant Unternehmensgruppe Theo Müller has acquired the UK operations of Austrian rival Nom, as it looks to expand its presence in the country's private label yoghurt market.


Odenwald Früchte said Mark Brandenburg is a "very strong regional brand"UPDATE: GERMANY: Odenwald Früchte eyes more M&A after FrieslandCampina brand deal 4 September 2013

German food company Odenwald Früchte has said it is looking for further opportunities to strengthen its business, following the acquisition of dairy brands Mark Brandenburg and Milchreiter from FrieslandCampina.


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