Costcutter CEO Darcy Willson-Rymer has told just-food the UK c-store group's new venture with wholesaler Palmer & Harvey will benefit independent retailers and suppliers.
Tesco-owned UK convenience business One Stop Stores is to trial a franchise model with local independent retailers.
Morrisons last week announced firmer plans for an online food service - and the UK retailer could join forces with specialist Ocado. Larger rival Tesco, meanwhile, launched its own price-comparison scheme to lure in customers. Tesco, however, attracted more headlines on horsemeat with another recall. On a separate note, an Irish meat firm was said to know its beef was contaminated a year ago. Dole Food Co., Chiquita and Diamond Foods were among companies announcing results and, on the M&A front, UK firm Burton's Biscuit Co. could soon be up for grabs.
Food prices - or the prospect of inflation - was a hot topic last week. A vote by the European Parliament to extend sugar quotas to 2020 was criticised, while proposed US changes to country-of-origin labelling were also argued to be set to lead to higher prices. Meanwhile, a drought in Spain is causing concern over global olive oil prices.
Independent convenience operator Costcutter and distribution giant Palmer & Harvey have inked a deal to create the UK's second-largest convenience chain and form a buying joint venture.
UK retailer The Co-operative Group is to buy ten Costcutter stores in London for an undisclosed sum.
- General Mills US "priority" categories gain share
- Interview part 2: BRF CFO Augusto Ribeiro
- The just-food interview: Doux CEO Arnaud Marion
- 2015 preview: A better deal for M&A sellers
- Interview part 1: BRF CFO Augusto Ribeiro
- General Mills outlines "aggressive" NPD drive
- Kraft to reappraise business, says new CEO Cahill
- General Mills earnings drop one-third
- PepsiCo opens snacks plant in Saudi Arabia
- Bimbo to buy Saputo's bakery arm