Nestle has announced a deal to sell-off the bulk of its Jenny Craig weight management business for an undisclosed sum. The move comes as the...
Children's food advertising is no longer on the Obama policy agenda but the administration is still actively engaged on the issue, as last m...
Hershey's commitment to source 100% of its cocoa requirements from third-party-certified sources by 2020 has been broadly welcomed. However,...
Hershey's passage into India has proved anything but smooth but clearly the US confectionery giant is a believer in perseverance....
UK confectioner Thorntons is undergoing something of a transformation. The chocolate and toffee producer, which has been hit hard by the consumer downturn, is midway through a strategic shift to close the bulk of its store network and focus on commercial sales. Since taking the helm in May 2011, Jonathan Hart has had a mountain to climb: rebalancing the portfolio while tackling weak consumer demand. Nonetheless, the chief executive tells Michelle Russell that the firm is now on the right road for its strategy re-think to deliver improved results.
Ferrero, the Italy-based confectionery giant, first entered the UK back in 1966 and has steadily built a business generating GBP200m sales a year. However, under local managing director Christian Walter, the group is planning an offensive on this side of the English Channel. For this month's just-food interview, Dean Best met Walter to discuss Ferrero's plans.
This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.
Ferrero has insisted there is "plenty of opportunity" to further grow its business in the UK, with the confectionery giant outpacing its rivals on the back of heavy investment in marketing.
For the first time since 1998, upmarket chocolate maker Lindt & Sprungli this week made an acquisition, snapping up US firm Russell Stover Candies - and we analysed the deal. Our interviews pages included hearing from the boss of Birds Eye UK about its plans to change consumer perception of frozen food, while we launched Bitesite, an interview section focused on SMEs in the sector.
Ferrero has confirmed the acquisition of Turkish hazelnut processor Oltan Group for an undisclosed sum.
Two key themes were once again in evidence on our pages this week: the importance of securing the supply chain in a world where commodities are becoming more hotly contested and the task of leveraging areas of growth in developed and developing markets.
Unilever and Ferrero have become the latest firms to come under fire for launching controversial advertising campaigns.
- BRICs and beyond: Fonterra, Beingmate partnership
- On the money: Mengniu hones in on "star" brands
- just-food interview: Agropur CEO Robert Coallier
- Consuming issues: The hunger-obesity paradox
- On the money: Hormel still looking for M&A
- Fonterra, Beingmate launch infant formula JV
- Mondelez eyes snacks categories in India
- UK firm Pasta Reale enters administration
- Italy yoghurt woes lead to Emmi profit warning
- H1 profits down at dairy group FrieslandCampina