4 December 2013
Tesco clearly has a lot on its plate. On the one hand, the UK's largest retailer is focused on transforming its domestic business through a capital intensive programme of store refurbishments and a potentially margin-dilutive drive online. On the other, the need to reverse overseas volume declines in order to shore-up international margins is pressing. CEO Philip Clarke is attempting to perform a complex balancing act. Katy Askew reports.
4 December 2013
Doug McMillon may have followed Mike Duke's path at Wal-Mart with the move from head of international to the CEO's office and, in some ways, he has some foundations on which to build the next stage of the retailer's growth. But he faces some significant challenges ahead.
4 December 2013
The disappointing third-quarter top-line performance reported this morning (4 December) by Tesco has left analysts divided over the group's strategy. Tesco has cut capital expenditure on new stores and is instead investing in refurbishments and multichannel growth. Management has insisted the strategy will simply take time to deliver results. But, with the clock ticking, another set of weak numbers has raised questions over whether Tesco's investment focus will pay off. Here is the view from the City.
26 November 2013
UK frozen food retailer Iceland Foods has indicated it could build a network of over 50 outlets in Ireland.
14 November 2013
Asda has claimed it will spend GBP1bn on lowering prices in a bid to "widen the gap" with its big three rivals, Tesco, Sainsbury's and Morrisons.
7 November 2013
The UK's fourth largest supermarket, Morrisons, today (7 November) showed further signs that its sales are struggling amid tough competition in the marketplace. The grocer is continuing to make positive strides, but the questions over whether this is enough and whether Morrisons has its proposition right still linger. Michelle Russell reports.
28 October 2013
Nestle, Mondelez International and Unilever have said they will make changes to their products to try to cut the amount of saturated fat consumed in the UK.
28 October 2013
Tesco has launched its Price Promise comparison scheme in Ireland as it looks to grab back some market share from discounters Aldi and Lidl.
7 October 2013
Two of the industry's heavyweights - Nestle and Unilever - were in the headlines last week. Nestle admitted it will offload some under-performing brands, while Unilever issued a sales warning amid a slowdown in emerging markets.
2 October 2013
Sainsbury's chief executive Justin King has suggested investment in own label is a key weapon for mainstream grocers as discounters Aldi and Lidl continue to win sales in the UK.
30 September 2013
Aldi saw its profits in the UK soar in 2012 - another set of data that underlines the discounter's strong performance in the country.
19 September 2013
Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa fund a base upon which to build. But it is not yet clear what his plans are. Dean Best looks at what could be next.
10 September 2013
The last quarter's just-food international basket, compiled exclusively by IRI, highlights a continued rise in the price of private-label products in each of the eight countries monitored by the data. At the same time, the price of national food brands is decreasing in those countries worse hit by the continued economic turbulence – namely Spain, Italy and Greece where the presence of deflation underscores the seriousness of the austerity measures.
19 August 2013
Irish meat trader McAdam Food Products has filed a lawsuit against processor ABP Food Group for alleged defamation at the time of the horsemeat scandal.
15 August 2013
Discount retailer Aldi has launched a trial of a gluten-free own-label line across selected stores in the UK.
1 August 2013
Aldi and UK retailers The Co-operative Group and Waitrose have signed up to a campaign run by consumer watchdog Which? to support simpler, clearer and more consistent pricing in supermarkets in the country.
3 July 2013
Australian condiments firm Spring Gully Foods has left administration after creditors backed a rescue plan.
1 July 2013
General Mills unveiled plans for a raft of new products last week as it seeks to improve sales across its business, particularly in the Yoplait owner's yoghurt division. There was a major piece of consolidation in the French dairy sector this week, with dairy co-ops Sodiaal and 3A to merge. We discussed FrieslandCampina's sustainability strategy with its CSR director, while we also interviewed the CEO of The Bart Ingredients Company about his moves to revitalise the UK firm.
27 June 2013
Catering to a bifurcated market, the prospect of shorter supply chains and the onward march of technology were key topics for food retailers at the British Retail Consortium's annual symposium, writes Chris Mercer.
26 June 2013
Australian consumer watchdog Choice has hit out at the nutritional claims carried on an array of products in the fast-growing breakfast drink category.
25 June 2013
Discount grocer Aldi has confirmed it is in the "initial stages" of expanding its US operations into California.
19 June 2013
Chocolate giant Mars and crisp manufacturer PepsiCo are among over 20 food makers and retailers to agree to adopt new "hybrid" front-of-pack nutrition labels in the UK.
18 June 2013
The UK government is set to launch the planned "hybrid" front-of-pack label - including traffic light symbols - tomorrow (18 June).
14 June 2013
Discount retailer Lidl has confirmed it is exploring the possibility of entering the US market.
29 May 2013
Tesco has named PJ Clarke as chief executive of its Irish business, after current CEO Tony Keohane was appointed chairman of the unit.
21 May 2013
UK retailer Morrisons is seeing its sales improve, according to the latest data from Kantar Worldpanel.
10 May 2013
UK frozen food retailer Iceland Foods has plans to expand its presence in Libya and across the wider Middle East region.
3 May 2013
Two UK-based firms were the subject of takeovers this week: R&R Ice Cream, Europe's largest own-label ice cream firm, changed hands after PAI Partners struck a deal to buy the business; and Hain Celestial snapped up UK organic baby food brand Ella's Kitchen.
30 April 2013
Supervalu Inc has suggested it is unfazed by competition from discounter Aldi in the US but will start growing its Save-a-Lot banner further in order to compete more effectively.
29 April 2013
Discounters Aldi and Lidl continue to set the pace in Irish grocery retailing, according to the latest data from Kantar Worldpanel.