US supermarket chain Kroger is fighting fit. The company has been growing market share for a number of quarters and a focus on expanding its...
Unilever has characterised its first-half numbers as "solid", with higher profits driven by margin improvements and a focus on brands that d...
Changing consumer behaviour is having a transformational impact on the US food and food retail sectors, as consumers alter where they shop and what they buy. The growing popularity of non-traditional channels has resulted in a jump in consolidation. Traditional supermarkets are seeking strength through scale, as evidenced by the deal that could see Albertsons owner Cerberus take control of Safeway. Dean Best reports.
Anglo-Dutch consumer goods giant Unilever this morning (23 January) booked an expectation-beating increase in underlying sales. Net and operating profit were also up, with core operating margin rising to 13.8%. Unilever's food division, however, faced a number of challenges, including "difficult markets", but overall, analyst's thoughts on the results were relatively upbeat and positive.
Lindt & Sprungli's first-half organic sales, announced today (21 August), failed to meet analyst expectations, as a poor economic outlook in its major markets dampened premium chocolate sales. However, the chocolate maker's profit growth and affirmation of its full-year outlook were welcomed.
Unilever CEO Paul Polman today (26 July) called on the company's food business to improve further after reporting an up-and-down first half of the year.
Paul Hertz, the COO at US grocer A&P, has been named the retailer's chief executive.
Newman's Own is launching a range of Greek Nonfat Yoghurts under its namesake brand.
US retailer A&P has confirmed CEO Sam Martin has left the business.
US retailer The Great Atlantic and Pacific Tea Co., which emerged from bankruptcy last year, has hired Credit Suisse to assist the company in finding additional funding.
US snack group Diamond Foods has reported a fall in its losses for the first nine months of its financial year, although the Kettle Chips owner has had to restate its first-half earnings.
Kettle Chips owner Diamond Foods has named former A&P CFO Raymond Silcock as its new finance chief.
German retailer Tengelmann has confirmed its Kaiser's supermarket chain has pulled frozen lasagnes from shelves amid concerns the lines could contain horse meat.
The Great Atlantic and Pacific Tea Co has announced the expansion of its premium private label Two Forks Bakery and Hartford Reserve Deli lines.
US retailer A&P has confirmed plans to sell its Food Emporium stores as the company looks to resize the business after its spell under Chapter 11.
Great Atlantic & Pacific Tea Co's (A&P) has exited Chapter 11 bankruptcy and appointed a CFO to replace the resigning Frederic Brace.
Turnaround veteran Greg Rayburn has been named president and CEO of US baker Hostess Brands, which moved into bankruptcy protection in January.
A US bankruptcy court has approved the Great Atlantic & Pacific Tea Co's plan to exit Chapter 11 bankruptcy following a commitment from retail magnate Ron Burkle to inject funds into the firm and oversee moves to trim the fat from A&P's retail operations.
US retailer A&P, which is looking to emerge from bankruptcy this year, has said it plans to close another 14 outlets.
US retailer A&P has said a pay deal with union officials is a key step in the company's attempt to recover from bankruptcy.
US union supermarket workers at Pathmark and A&P voted on Tuesday (29 November) to accept a pay cut in a deal to save their bankrupt employer, supermarket giant Great Atlantic & Pacific Tea.
Dutch food retailer Ahold has named Bhavdeep Singh to executive vice president of its US operations.
Stores owned by retailers including Wal-Mart Stores and Delhaize remain closed in the wake of Hurricane Irene, which hit the US east coast on Saturday (27 August).
Chinese food and beverage maker Tingyi has reported an increase in first-half profits as its control of advertising and promotional spending offset pressure from raw-material costs.
German retailer Tengelmann does not plan to be a shareholder in A&P when the US retailer emerges from Chapter 11 bankruptcy.
US retailer A&P has said that it has completed the auction of 25 of its Superfresh outlets.
US retailer A&P, which filed for Chapter 11 in December, has put more stores on the block as it continues to turn around its business.
A&P, the US grocer that recently applied for Chapter 11 protection, plans to close 32 stores as it continues to implement its financial and operational restructuring.
A&P has appointed six executives to its merchandising and marketing team to help the US retailer enhance value for customers, while reducing structural and operating costs.
Troubled US retailer A&P has elected restructuring specialist Greg Rayburn to its board of directors.
Nestle is reportedly planning on upping its presence in Nigeria. In the past six years, the world's largest food manufacturer has injected US$400m into its Nigerian business and has plans to spend $70m this year.
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