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Finsbury Foods CEO John Duffy rejoiced as the firm posted a profit increase for the first six months of the yearQuote, unquote: just-food's week in words

31 March 2014

This week Cerebos Greggs announced the closure of its East Tamaki plant putting 125 jobs at risk. Job cuts were announced at Asda too as the company plans a restructure to cut costs. Ads and marketing campaigns were the centre of attention this week with Aldi getting its wrists slapped over the Swap and Save campaign and Sainsbury winning an appeal for a judicial review of Tesco's price promise. Here is the week in quotes

Comment: Aldi ad spat shows discounters under rivals' scrutiny

26 March 2014

The UK ad watchdog's order for Aldi to pull a TV advert demonstrates how the discounter will need to be precise in its competitive claims - and how the German giant is being more closely monitored than ever before by the country's rattled major grocers.

UPDATE: UK: Aldi "disappointed" at ASA ad ruling

26 March 2014

Aldi has expressed disappointment at the UK ad watchdog's decision to order the discounter to pull a TV spot comparing prices with rivals - and said complaints from rivals were "unsurprising".

UK: Watchdog rebukes Aldi after Asda complaint

26 March 2014

Aldi has been ordered to pull a TV ad in the UK after rival Asda argued the spot misled consumers.

CAGE 2014: Kerry eyes consumer foods growth through snacking

20 March 2014

Kerry Group CEO Stan McCarthy has indicated the Ireland-based food group believes increasing demand for snacking presents an opportunity to grow the company's consumer foods business.

AUSTRALIA: Aldi rolls out traceable tuna

20 March 2014

Aldi has implemented tracking across its range of canned tuna in Australia, enabling consumers to trace product back to its sauce and ensuring that the tuna was caught in a sustainable way.

UK: Sainsbury's posts Q4 LFL sales drop

18 March 2014

Sainsbury's booked its first drop in like-for-like sales in nine years this morning (18 March), when the UK retailer revealed fourth-quarter comparable revenues fell 3.8%.

What the analysts say: Does Sainsbury's LFL sales drop hint at future woe?

18 March 2014

UK grocer Sainsbury's broke its nine-year streak of like-for-like sales growth this morning (18 March), when the firm acknowledged that market conditions and tough comparables hit revenue expansion in its fourth quarter. In contrast to the other multiples, Sainsbury's does not appear to be loosing share in the UK to discounters Aldi and Lidl. But, as price competition in the market intensifies, could Sainsbury's proposition too come under increasing pressure? Here is the City's verdict.

IRELAND: Aldi, Lidl "forge ahead" - Kantar

18 March 2014

Discounters Aldi and Lidl are continuing their march in the Irish grocery sector, delivering double-digit growth in a declining market.

On the money: We can fight on price, insists Morrisons

14 March 2014

Morrisons has set out its bid to win back consumers and reignite sales - and the UK's fourth-largest grocer has insisted it could hold its own in an increasingly price-focused market.

UK: Morrisons ups price investment to fight discounters

13 March 2014

UK grocer Morrisons plans to increase its investment in pricing in order to "strengthen" its competitive proposition.

What the analysts say: The verdict on Morrisons' strategic overhaul

13 March 2014

Morrisons reported a full-year loss of GBP176m (US$293.6m) and further deterioration of like-for-like sales today (13 March). Management this morning set out a new strategic course for the group, which includes a GBP1bn price investment over the next three years. While next year's profits are expected to drop, the company believes the investment can be funded through a cost-saving drive in the medium-term. However, with concern over margins and competitive pressures, opinion remains divided over the prospects for the beleaguered grocer.

UK: Morrisons books GBP176m annual loss

13 March 2014

Morrisons this morning (13 March) reported an annual loss of GBP176m (US$293.6m), rounding off a challenging year for the UK's fourth-largest grocer.

UPDATE: UK: Tesco plans GBP200m investment in price

25 February 2014

Tesco is launching an incremental investment of GBP200m (US$333.9m) to drive prices down on "essential" items as the UK's largest retailer tries improve its performance in its domestic market.

UK: Tesco to "accelerate" UK turnaround

25 February 2014

Tesco will "accelerate" efforts to turn around its UK business, the company said today (25 February).

just-food's 2014 outlook: International retailers continue to bring focus home

30 January 2014

The world of international food retail has undoubtedly got a little less international in recent years and 2014 looks likely to see the big guns continue to take an empire-building breather and sort out their troubled home markets while undertaking only modest overseas activities. Glynn Davis reports.

Timeline - King's reign at Sainsbury's

29 January 2014

Justin King is to step down as CEO of Sainsbury's after a decade in charge of the UK grocer. King has revitalised Sainsbury's, taking a business with stock issues to one that has consistently outperformed its rivals in recent years. Here's a look at the key events of King's reign.

Quote, unquote: just-food's week in words

20 January 2014

This week, we interviewed the boss of UK-based meat-free business Quorn Foods, which saw sales jump last year, helped by the horsemeat saga. We also spoke to the chair of the National Obesity Forum after its report warned forecasts on UK obesity rates may have under-estimated the problem. Elsewhere, Fonterra was caught up in another recall, Saputo received a boost in its bid to buy Australian dairy Warrnambool Cheese and Butter Factory and Hain Celestial swooped to acquire UK rice firm Tilda.

Editor's choice: the highlights on just-food last week

20 January 2014

US group Hain Celestial swooped again in the UK last week, snapping up UK rice business Tilda. Meanwhile, obesity grabbed UK headlines with warnings forecasts for the condition could have under-estimated the problem. Fonterra issued another product recall, Saputo received a boost in its bid to buy Warrnambool Cheese and Butter Factory, while our first just-food interview of 2014 saw us meet Quorn Foods CEO Kevin Brennan.

Talking shop: Aldi will face pressure from UK Big Four in 2014

14 January 2014

Reporting a whopping 31% increase in its Christmas sales and the busiest ever festive period since opening in the UK, Aldi was no stranger to celebration last week. However, the discount giant is likely to see its major rivals, smarting from losing share, up their game in 2014. Hannah Abdulla reports.

UK: Asda, Sainsbury's neck and neck in UK - Kantar

14 January 2014

Sainsbury's share of the UK's grocery market now matches Asda, the country's second-largest retailer, according to the latest data from Kantar Worldpanel.

UK: Morrisons shares jump on property sale talk

13 January 2014

Morrisons is reportedly considering selling off up to 10% of its properties - equating to about GBP800m - after coming under fire from shareholders following its poor Christmas trading results but analysts say it is not enough to "save the company".

What the analysts say: Morrisons stuns City with tumbling sales

9 January 2014

Morrisons' unscheduled Christmas trading update surprised the City this morning in more ways than one. Like-for-like sales fell almost 6%, under-performing its rivals by some distance. The decline was evidence the impact the growth of discounters Aldi and Lidl is having the UK's fourth-largest grocer.

What the analysts say: Tesco again faces questions in City

9 January 2014

Tesco this morning (9 January) revealed a disappointing drop in like-for-like sales over Christmas and New Year. The retailer attributed the decline in sales to "further weakness in the UK grocery market" and having a "tougher comparative" versus last year. The results had a negative impact on share recommendations, although some analysts highlighted areas for optimism, including Tesco's work online.

just-food's review of 2013: discounters, multichannel key themes in grocery

6 January 2014

It can be difficult to identify common trends across markets but, in many ways, two key trends dominated the grocery retail sector in 2013 in a number of countries - the durability of discounters and the heightened interest and investment in developing multichannel retail businesses.

US: Aldi launches "natural" own label line in US

3 January 2014

Discount grocer Aldi has launched SimplyNature, an own-label line of natural and organic products, in the US.

UK: Asda takes aim at discounters with price cuts

2 January 2014

Asda has set its sights on luring UK shoppers away from the discounters with moves to sell a range of household items for 50p.

US: Aldi plans US assault

23 December 2013

Aldi is to step up the rate at which it open stores in the US.

Editor's choice: the highlights on just-food this week

23 December 2013

Tesco and Hershey grabbed the headlines in the last full week before Christmas with potential moves to bolster their businesses in India and China respectively. Beijing, meanwhile, has announced plans to investigate the price of agricultural commodities to try to encourage stability in prices. Horsemeat hit the news again with arrests in France over claims horses tested on in labs have entered the food chain.

UK: Majority of UK households visit Aldi, Lidl - Kantar

17 December 2013

Over half of the UK's households have visited either an Aldi or a Lidl in the last 12 weeks, data from Kantar Worldpanel showed today (17 December), underlining the inroads the discounters have made into the country's grocery market.

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