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IndiaEditor's choice: the highlights on just-food last week

28 November 2011

Global retail dominated our headlines this week, not least with the news that India has decided to ease the rules on foreign investment in the sector. In Europe, Ahold outlined its new strategy, rival Dutch retailer Jumbo snapped up local player C1000 and analysts reflected on the new CEO at Metro Group. Elsewhere, the turmoil surrounding US snack maker Diamond Foods widened when it emerged that a director had been found dead.

Quote, unquote: just-food's week in words

28 November 2011

India's cabinet was met with opposition from large sections of the parliament, because of the decision that foreign companies can now own 51% of multi-brand retail stores. After Campbell Soup Co. posted a drop in first-quarter profits and Metro Group appointed a new CEO, both companies have work ahead of them. Meanwhile, General Mills blasted research that the lining of some soup cans increases levels of bisphenol A (BPA).

AUS: Goodman Fielder slows earnings slide, ponders disposals

24 November 2011

Australian food giant Goodman Fielder has said it has slowed its earnings decline but admitted disposals will be necessary to stabilise the troubled company.

NZ: Goodman Fielder embarks on revamp of NZ division

19 October 2011

Australian food manufacturer Goodman Fielder has decided to combine its three businesses in New Zealand.

NZ: Goodman Fielder faces legal challenge from suppliers

4 October 2011

Australian food maker Goodman Fielder is facing a legal battle in New Zealand over its plans to pay drivers less for delivering the company's bread.

AUS: Goodman Fielder looks to strengthen balance sheet

28 September 2011

Australian food manufacturer Goodman Fielder, which last month reported falling annual profits, plans to raise A$259m (US$257.5m) to bolster its balance sheet.

Focus: The uncomfortable truth for Australian food suppliers

19 September 2011

In describing Australia as an "inhospitable" market, Heinz expressed what many suppliers feel but fear to say. But it's an awkward truth, Ben Cooper writes. The last thing the Australian food industry wants is international investors viewing it as a hostile market.

Editor's choice: the highlights on just-food this week

5 September 2011

Two of the world's largest retailers made waves this week, with Tesco's decision to quit Japan and Carrefour's profit warning - and its announcement of another attempt to turn around its domestic business - grabbing the headlines. Meanwhile, dairy giant FrieslandCampina and Australian food maker Goodman Fielder also revealed this week that earnings were under pressure.

AUS: Goodman Fielder FY profits tumble

30 August 2011

Goodman Fielder has reported a slump in annual profits after raw-material costs and lower sales hit earnings from the Australian food maker's bakery and dairy divisions.

Best bits: Real and metaphorical headwinds hitting retail

30 August 2011

The chief executive of The Co-operative Group last week highlighted the economic headwinds hitting the UK retail sector, while, in the US, Hurricane Irene added to the metaphorical storms.

NZ: Competition watchdog decides against milk price inquiry

3 August 2011

New Zealand's Commerce Commission has decided not to hold an inquiry into milk prices after arguing that there is enough competition at retail and wholesale level in the market.

US: Former Goodman Fielder exec Hardie joins Bunge

29 June 2011

US agribusiness company Bunge has appointed former Goodman Fielder executive Gordon Hardie as MD of its food and ingredients business.

AUS: Campbell appoints Edgecombe as Asia-Pac boss

17 June 2011

Campbell Soup Co. has appointed former Coca-Cola Co. executive Gareth Edgecombe to the role of president of its operations in Asia-Pacific.

Quote, unquote: just-food's week in words

3 June 2011

Spain's farmers, hit financially amid the e.coli outbreak in Europe, have been vocal in their criticism of Germany's health authorities, which wrongly placed the blame for the contamination on Spanish cucumbers. Elsewhere on our pages this week, we shone a spotlight on the debate around GM, one of the most divisive topics in the industry. Meanwhile, Wal-Mart Stores, McCormick and Icelandic Group all hailed the benefit of separate transactions to their businesses, although Spain's Ebro Foods was left to reflect on its failed bid to buy Australian rice maker SunRice.

AUS: Campbell exec Delaney to become Goodman Fielder CEO

1 June 2011

The former president of Campbell Soup Co.'s operations in Asia-Pacific is to join Goodman Fielder as the Australian food maker's chief executive.

AUS: Goodman Fielder lowers forecast on competition, floods

28 April 2011

Australian bread giant Goodman Fielder has announced a reduction in its expected full-year profits following a "soft" third quarter.

AUS: Manufacturers and retailers to reduce fat and salt

8 April 2011

A number of Australian grocery retailers and manufacturers have agreed to reduced the amount of salt and saturated fat in their products as part of a partnership with the country's government.

AUS: Goodman Fielder warns on commodity costs

8 April 2011

The chairman of Australian food manufacturer Goodman Fielder has warned that the company "continues to confront commodity cost pressures and significant price volatility".

Quote, unquote: just-food's week in words

28 January 2011

Sara Lee today (28 January) unveiled plans to split it's business in two, ending speculation since last summer that the company may be sold.

In the spotlight - Goodman Fielder faces uncertain future

24 January 2011

There are concerns over the future of Goodman Fielder, Australia's largest food group, after the company announced last week that CEO Peter Margin would be leaving the business.

AUS: Goodman Fielder CEO Margin resigns

18 January 2011

Goodman Fielder, Australia's largest food group, has announced today (18 January) that CEO Peter Margin has resigned from the company.

AUS: Goodman Fielder CFO Goldsmith to leave

30 November 2010

Australian food manufacturer Goodman Fielder has announced its CFO David Goldsmith will leave the company.

AUS: Bread makers must do more on salt, says health body

25 November 2010

Salt levels in Australian bread products have not changed since 2007 despite the government's moves to lower levels, according to the Sydney-based The George Institute for Global Health.

AUS: Goodman Fielder, Cargill scrap edible oil deal

12 November 2010

Australian food manufacturer Goodman Fielder has terminated the sale of its edible fats and oils division to Cargill after regulators opposed the deal.

AUSTRALIA: Rafferty's Garden appoints managing director

19 October 2010

Australian baby food manufacturer Rafferty's Garden has announced it has appointed Michael Tinker as managing director.

AUSTRALIA: Goodman Fielder profit falls in 2010

24 August 2010

Australia's largest food manufacturer Goodman Fielder posted an 8.3% fall in net profit for its 2010 financial year on the back of AU$22m in non-recurring costs.

AUS: Canberra invests in healthy foods

13 May 2010

The Australian federal government’s commitment to spend A$900,000 (US$807,000) over three years to make foods healthier in Australia has been applauded by the Australian Food and Grocery Council (AFGC) today (13 May).

AUSTRALIA: Authorities to oppose Cargill acquisition

31 March 2010

The Australian Competition and Consumer Commission intends to oppose the proposed acquisition of Goodman Fielder's edible fats and oils business by Cargill Australia.

AUS: Bread, cereal makers target reduced salt

22 March 2010

The amount of salt in Australian-manufactured breakfast cereals and breads is being reduced by leading food manufacturers to improve the diets and health of Australians as part of an industry, retailer and government partnership.

AUS: Goodman Fielder H1 profits rise on lower costs

25 February 2010

Australian food group Goodman Fielder booked a jump in half-year profits today (25 February) as lower costs helped the company shrug off falling sales.

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