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

10 April 2012

A potential merger combining Symington's and Premier Foods plc's brands was a hot topic for analyst speculation this week. Elsewhere, Australian wholesaler Metcash CEO Andrew Reitzer remained optimistic despite announcing 470 job cuts.

AUS: Jobs cut at wholesaler Metcash after review

3 April 2012

Over 470 jobs are to go at Australian retail distributor Metcash as the company adapts to the "difficult" trading conditions in the country.

AUS: Metcash creates food COO role

27 January 2012

Australian retail wholesaler Metcash has created a role of food and grocery COO to "protect and develop" the country's independent food retail sector.

AUS: Watchdog surrenders Metcash legal battle

6 December 2011

The Australian Competition and Consumer Commission (ACCC) has abandoned its bid to halt Metcash's acquisition of rival retailer Franklins.

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

5 December 2011

India's plan to relax restrictions on foreign investment in its retail sector continued to generate fierce debate this week. Two other contentious issues - the EU health claims process and the true potential of intense sweetener stevia - were also covered on just-food this week, as was the latest attempt by Nestle to eradicate child labour in cocoa production.

AUS: ACCC loses latest Metcash legal battle

1 December 2011

The Australian Competition and Consumer Commission's (ACCC) bid to stop Metcash's takeover of fellow retailer Franklins has been quashed.

S AFRICA: Pick n Pay sales rise but profits plummet in H1

19 October 2011

South African retailer Pick n Pay has reported an expected fall in its half-year profits despite a jump in sales.

AUS: Competition watchdog warns supermarkets

11 October 2011

Rod Sims, chairman of the Australian Competition and Consumer Commission (ACCC) has warned the country's supermarkets that they will be "closely watched".

just the answer – Kate Carnell, Australian Food and Grocery Council

27 September 2011

There is no doubt that Australia is a tough place for a food manufacturer to do business. Competition between two powerful local food retailers is putting pressure on domestic and international suppliers. In this month's just the answer, Ben Cooper discusses the challenging trading conditions with Kate Carnell, chief executive of industry association the Australian Food and Grocery Council.

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

26 September 2011

Tesco announced a revamp of its promotional strategy in the UK last week, a move that was immediately criticised by its rivals. However, grocers in Scotland were united in their opposition to a tax on major retailers in the country.

AUS: Metcash gets green light to buy Franklins

21 September 2011

The Australian Federal Court will not grant an injunction to delay Metcash's proposed acquisition of fellow retailer Franklins.

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.

AUS: Watchdog awaits ruling on Franklins sale

15 September 2011

The Australian Federal Court court will decide by Tuesday (19 September) whether it will grant an injunction to delay Metcash's proposed acquisition of fellow retailer Franklins.

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

12 September 2011

Morrisons chief executive Dalton Philips this week insisted the UK retailer had been able to adapt to the tough trading conditions in the country. In the US, PepsiCo CFO Hugh Johnston said high inflation and low growth was forcing all FMCG companies to reassess their strategies.

AUS: Watchdog fights Metcash bid to buy Franklins

9 September 2011

The Australian Competition and Consumer Commission (ACCC) is appealing against the Federal Court’s decision to allow the local retailer to acquire shares in the Franklins chain of supermarkets.

AUS: Federal Court paves way for Metcash's Franklins bid

25 August 2011

Australia's Federal Court has dismissed an application by the country's watchdog to stop local retailer Metcash proceeding with the acquisition of rival Franklins.

AUSTRALIA: Metcash net income grows in 2010

7 June 2011

Australian grocery distributor Metcash reported an increase in net income for 2010, which it attributed to the "steady performance" and "resilience" of its independent retail customers.

AUS: Spar not a viable buyer for Franklins - ACCC

8 April 2011

Australia's competition regulator has reportedly abandoned one of the two potential buyers of grocery chain Franklins it nominated in its court bid to block Metcash from buying the retailer.

SOUTH AFRICA: Metcash "to close 51 stores" - union

22 March 2011

South African retailer Metcash Trading is gearing up to close 51 of its 138 cash and carry and Trade Centre outlets in a bid to improve its financial performance, the SA Commercial, Catering and Allied Workers' Union has suggested.

S AFRICA: Shoprite acquires Metcash's franchise division

9 March 2011

South Africa-based retailer Shoprite has entered an agreement to acquire Metcash's franchise division.

AUS: Metcash lowers full-year forecast

2 March 2011

Australian grocery distributor Metcash has reduced its 2011 full-year earnings guidance on the back of difficult trading conditions.

SOUTH AFRICA: Supermarkets, wholesalers cleared of price fixing

28 January 2011

South Africa's six major supermarkets and wholesale retailers have been found not guilty of price fixing or abusing their buying power.

The just-food management briefing - M&A in 2010 - a timeline, part II

20 December 2010

As we headed into September, there was uncertainty about the prospects for M&A activity, with analysts at KPMG suggesting the value of deals in the food, drink and consumer goods space in the second quarter stood at just under US$19bn - down from the $49bn of deals recorded in the first three months of the year. However, the last months of 2010 saw a number of key pieces of M&A - notably the merger of Greencore and Northern Foods - and deals signed to see PepsiCo buy Wimm-Bill-Dann and a private-equity consortium by Del Monte Foods.

AUS: Metcash "welcomes" ACCC court bid to thwart Franklins buy

30 November 2010

Metcash has said it "welcomes" the court proceedings launched by the Australian competition watchdog to prevent the company from buying local supermarket chain Franklins.

AUS: Metcash "concerned" about FY forecast

30 November 2010

Australian grocery wholesaler Metcash today (30 November) booked a rise in first-half underlying earnings but cautioned it may not be able to hit its full-year targets.

AUSTRALIA: Metcash continues to pursue Franklins

23 November 2010

Australian wholesaler Metcash plans to proceed with its bid for local grocery retailer Franklins even after its takeover offer for the business was blocked by regulators.

Talking shop: Is Australia a closed shop for retailers?

19 November 2010

The Australian competition watchdog's decision to block the sale of retailer Franklins to local distributor Metcash has highlighted the heavily concentrated nature of the grocery industry in the country.

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

19 November 2010

The merger between Greencore and Northern Foods, the race to own Yoplait, reform of Europe's farm policy and Unilever's new push on sustainability all got people talking this week. Here is the best of who said what.

AUS: ACCC blocks Franklins sale

17 November 2010

The Australian Competition and Consumer Commission (ACCC) has today (17 November) announced it will oppose Pick n Pay's proposed sale of its Franklins supermarket chain to Metcash.

AUSTRALIA: Franklins sale to Metcash delayed further

11 November 2010

The Australian Competition and Consumer Commission (ACCC) has delayed its decision on the proposed sale of Pick n Pay-owned supermarket chain Franklins to Metcash.

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