Against a backdrop of weak consumer confidence and falling prices, four of France's leading four retailers have, in two deals, decided to te...
China's grocery market has been growing at a rapid pace for several years. Representing one fifth of the world's population, this emerging m...
The French food retail sector is notoriously competitive and hard to operate in. As the country's retail giants slug it out for a higher sha...
Competition in the French retail scene could be about to heat up, with market leader Carrefour reporting an improvement in its domestic oper...
Dixy significantly beefed up its presence in Russia's food retail sector when it acquired local peer Victoria Group two years ago. While the company still has its foot on the throttle, with some ambitious plans to expand over the next three years, Dixy's attention has now turned to a lower-capital intensive organic growth phase. Katy Askew spoke to Dixy's head of investor relations Natalya Belyavskaya to find out more.
How to source palm oil is vexing the minds of many in the food industry. Growing consumer awareness of the links between palm oil, deforestation, the threat to wildlife and products on supermarket shelves is encouraging manufacturers and retailers to look for sustainable sources. However, only a few have grasped the nettle and, as Adam Harrison, senior food and agriculture officer for the WWF tells Dean Best, the industry needs to do much, much more - and quickly.
A busy week in the food industry calendar, with the SIAL exhibition in Paris, ended with a shock announcement: Chiquita Brands International's shareholders rejected the company's plan to merge with Ireland's Fyffes. Elsewhere, we heard third-quarter updates from Unilever, Premier Foods and Mead Johnson.
Major suppliers operating in France will lose money from the two buying partnership deals announced by four of the country's largest grocers, a senior executive at dairy group Bongrain has said.
Auchan, the French retail giant, has reported higher annual sales and earnings for 2013 but saw domestic sales fall.
Sun Art Retail Group, the Chinese retailer, saw its profits climb more than 15% in 2013 as new stores boosted sales and the company's buying negotiations helped margins.
Sales growth at Hain Celestial fell slightly short of expectations, prompting the question of whether the natural and organic group is trying to run before it can walk. Elsewhere analysts picked up on Wal-Mart's failure to impress with its quarterly figures. Kellogg results also fell short and CEO John Bryant insisted the initial start-up costs of Project K will pay off in the long term.
Just weeks after announcing a purchasing tie-up in France with local rival Systeme U, Auchan has outlined an international agreement with Germany's Metro Group.
France's fifth- and sixth-largest retailers, Auchan and Système U, are to team up on buying - with the companies to work together when dealing with international brands.
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