28 February 2014
Growing demand for dairy in the Middle East, the progress made by and prospects for stevia and the UK kosher food market feature in this week's research round-up.
20 February 2014
After two profit warnings in five months, ConAgra Foods boss Gary Rodkin was correct to use the CAGNY conference this week to front up about the problems at the US food group - and to try to demonstrate the company can rectify them. Some of these challenges are likely to only be short term. However, ConAgra may face more work with its consumer foods and integration of Ralcorp.
17 February 2014
Read the financial statements and listen to the conference calls from US food manufacturers in recent days and it is clear: companies operating there are still facing tough conditions and cautious consumers.
17 February 2014
Nestle and Mondelez International were among the major food manufacturers reporting 2013 results last week, although perhaps the most notable financial update was ConAgra Foods' second profit warning in five months. Elsewhere, there was speculation over the future ownership of UK grocer Morrisons and United Biscuits continued its international expansion with an investment in Nigeria.
11 February 2014
Shares in ConAgra Foods plunged more than 7% today (11 February) as the US food giant company announced it was lowering its forecast for annual earnings for the second time.
7 February 2014
How to develop products for ageing populations in North America and Europe, how to spot NPD opportunities in more indulgent food categories and spotlights on Heinz and Danone are featured in this week's selection of research from the just-food store.
29 January 2014
ConAgra Foods has announced it is to close its Grand Rapids Michigan facility in a move that will affect 260 employees.
27 January 2014
Last week, the race to buy Australian dairy Warrnambool Cheese and Butter Factory took a decisive turn when Murray Goulburn - and WCB investor - accepted the bid from rival suitor Saputo's takeover bid in what has been an ongoing saga. ConAgra Foods and US retailer Trader Joe's were accused of breaking competition law, while Cargill settled discrimination claims out of court. There were rumours French meats firm Jean Caby was undergoing a restructure and that United Biscuits could either float or be sold. And there were job losses at Kellogg, UK baker Bright Blue and US meat giant Tyson Foods. Here is the week in quotes.
23 January 2014
Maxim Marketing Corporation has accused US food giant ConAgra Foods and local retailer Trader Joe's of breaking competition law and demanded damages of US$60m for the "destruction" of the group's peanut butter filled pocket pretzel business.
17 January 2014
Quorn Foods, the UK-based meat-free group, is enjoying a period of robust sales growth in the UK - but the business, owned by Exponent Private Equity, has international ambitions. In part two of the latest just-food interview, CEO Kevin Brennan discusses the company's overseas performance and prospects.
17 January 2014
Quorn Foods, the UK-based meat-free products manufacturer, has opened an office in Chicago in a bid to revitalise sales in the US, its largest overseas market.
23 December 2013
Despite its recent struggles at home and abroad, Tesco this week indicated it had ambitions for growth with its application to run multi-brand outlets in India. Over in China, Hershey sought to further build its business with a deal to buy 80% of local confectioner Shanghai Golden Monkey. And horsemeat returned to the headlines with arrests in France after horses tested on in labs allegedly entered the country's food chain.
20 December 2013
Shares in ConAgra Foods closed up more than 5% yesterday (19 December) despite lower half-year profits after the US food group's second-quarter earnings beat Wall Street forecasts.
5 December 2013
ConAgra Foods' move to step up innovation is a sensible response to disappointing first-quarter sales. But, as the innovation pipeline kicks in, will this be enough to retain consumers won over to the US food group's ready meals and meal solutions during the downturn?
5 December 2013
ConAgra Foods has announced the launch of 23 "restaurant-quality" meals and desserts in the US from its Bertolli and P.F. Chang's brands.
8 October 2013
ConAgra Foods, which last month issued a profit warning amid "challenges" in its consumer foods business, has added side dishes to its range of Marie Callender's products.
19 September 2013
ConAgra Foods today (19 September) confirmed the fall in first-quarter earnings it flagged last week, which prompted a profit warning for the year.
17 September 2013
Investment firm Brynwood Parters has acquired the frozen and refrigerated vegetarian food brand Lightlife from ConAgra Foods for an undisclosed sum.
12 September 2013
Boulder Brands is a business under a decade old but one now approaching annual sales of over US$450m. CEO Stephen Hughes set up an investment vehicle in 2005 that became Smart Balance in 2007 when it acquired GFA Brands, the owner of the Smart Balance brand. However, in the last two years, with the spreads sector under pressure, Hughes has brought balance to the business with moves into gluten free - and changed its name to reflect its wider portfolio. In part one of a two-part interview, Hughes discusses Boulder Brands' buoyant gluten-free business.
10 September 2013
US group ConAgra Foods has pointed to "difficult conditions" in some of its branded categories for a cut to its full-year earnings forecast.
14 August 2013
Sinagpore-based Del Monte Pacific has booked an increase in first-half profits, helped by revenues in the Philippines, its largest market for branded sales.
12 August 2013
Unilever said today (12 August) it had struck a deal to sell its Wish-Bone and Western dressings brands to US food group Pinnacle Foods for US$580m.
11 July 2013
Ebro Foods said it has no interest in acquiring Dakota Growers Pasta from Glencore Xstrata following reports linking the Spanish company to the US business.
4 July 2013
A group of states have reportedly jointed a federal anti-trust investigation into a joint venture agreement between Cargill, ConAgra Foods and CHS.
27 June 2013
Shares in ConAgra Foods jumped today (27 June) after the US food group booked higher annual sales and profits and lifted its long-term growth targets.
24 June 2013
US food groups General Mills and ConAgra Foods report their annual results next week. Meanwhile, US peer Hormel Foods holds its annual investor day.
11 June 2013
Shares in Singapore-based Del Monte Pacific have started trading in the Philippines, the second listing for the food and drinks group.
3 May 2013
ConAgra Foods has appointed Tom McGough to head up its consumer foods business following the resignation of current consumer foods president André Hawaux.
3 May 2013
First-quarter results continue to come in next week, with Cadbury owner Mondelez International among the companies reporting numbers to the end of March. Elsewhere, US meat giant Tyson Foods will file half-year figures and UK grocer Sainsbury's will report annual numbers.
25 April 2013
ConAgra Foods has launched a low-fat Orville Redenbacher's popcorn line in the US.