The tie-up between Morrisons, the UK's fourth-largest food retailer, and online giant Amazon has raised eyebrows across the sector. Glynn Da...
December saw some significant developments in the convenience channel in a number of markets, with Japan's Lawson Inc plotting a strategic a...
With stagnant volumes and volatility in costs putting pressure on margins, more companies are turning their attention to supply chains to eke out savings. But other changes in the market, not least shopper promiscuity and the rise of non-traditional outlets, means manufacturers have weigh up a series of factors when looking to make changes to their supply chains. just-food reports back from the IGD Supply Chain Summit on what executives in the field believe are the key issues to consider.
A consistent challenge facing grocers is maintaining – or strengthening – margins in a frequently hostile retail environment. This must be achieved while also developing the customer proposition and investing in growth. Keeping a lid on costs is a must but that has to be balanced against issues like pressure to raise wages, as we have seen in the UK this month, and the need to keep consumer prices low.
The rapid development of online retailing has long been a key part of the strategic direction of global food retailers. While the channel represents a growth spot in what can – in many markets – seem a sector struggling for sales growth, there is as yet no clear formula for profitably exploiting it. However, as this month's Talking shop round-up illustrates, a number of grocers are further investing in the channel.
UK grocer Waitrose has got industry watchers talking this afternoon (17 June) with the launch of a promotional programme that lets consumers choose which products they want to buy on offer. Rivals and suppliers will be watching very closely.
UK cheese maker Cricketer Farm supplies the country's major retailers with low-fat cheese, a category growing amid the rising consumer interest in health. However, in the last 18 months, the business has added a new brand - Cheeky Cow - to its portfolio, with half the fat of mature cheddar. MD Greg Parsons talks to Dean Best about the brand's early performance, the competition and how there are plans for "evolution" in 2015.
The development of digital platforms has transformed how retailers interact with consumers in the UK. To Sainsbury's, the interaction between physical and digital platforms is key to delivering a full consumer experience. This requires a portfolio that spans the spectrum of formats, Kevin Barrett Sainsbury's director of space and formats, tells just-food.
This week, Hormel Foods announced it was acquiring US natural and organic meat processor, Applegate Farms. In the UK, scrutiny over campylobacter continued with the Food Standards Agency revealed 73% of shop-bought chickens are contaminated with the food poisoning bug. Here is the week in quotes.
Dairy Crest will supply a third less liquid milk to UK grocer Morrisons under a new deal between the two companies.
Brazil-based food giant Marfrig announced the surprise resignation of CEO Sergio Rial this week after just a year in the position. Another chief executive is to go at UK retailer Morrisons, with its board believing its best chance to return to growth is without Dalton Philips.
UK dairy co-operative First Milk was this week forced to come out and calm fears over its financial position after announcing it would delay payments to farmers. Staying in the UK, Morrisons announced chief executive Dalton Philips would leave as the UK grocer battles to reignite sales. And Brazil-based food giant Marfrig revealed its CEO had resigned from the business.
More than 70% of fresh chickens being sold in UK supermarkets are contaminated with campylobacter, a survey by the Food Standards Agency has unveiled.
just-food reported direct from the annual IGD industry convention in London this week, with a leading light in the grocery retail sector ruffling a few feathers with comments about manufacturers and retailers. Elsewhere, China's Bright Food made its latest deal in Europe, with the acquisition of Filippo Berio olive oil owner Salov and we interviewed the CEO of Finsbury Food Group after the UK baker announced a move for local peer Fletchers Group.
This week, Emmi flogged its Italian Trentilatte yoghurt business, while Kellogg sold the Loma Linda brand to Atlantic Natural Foods. Elsewhere, UK baker Finsbury Food Group moved to buy local peer Fletchers Group, while US private-equity firm BBX Capital made its second confectionery acquisition in a week. At the annual IGD Convention in London, UK retail veteran Andrew Higginson caused a stir by hitting out at the country's grocers.
Good morning from a busy - and an ever-busier - Park Plaza Westminster Bridge hotel, just across the Thames from Parliament, where this year's IGD Convention is taking place. just-food will post live updates here throughout the day, with the latest news and views from the event.
Andrew Higginson, the deputy chairman of Morrisons and former Tesco finance director, has said branded suppliers and supermarkets must "reset" their relationship in a bid to revive a stagnant sector.
UK sausage maker Heck Foods wants to become the leading producer of upmarket bangers in the country, the private-equity firm that has become a minority investor in the company has said.
Rice group Veetee Foods is launching a new range of savoury rice in the UK this month, with flavours inspired by "popular cuisine" from around the world.
Discount retailers' share of the UK grocery market will almost double by 2019, according to forecasts from industry analysts IGD.
Rice manufacturer Amira Nature Foods is pressing forward with expansion plans, announcing its launch into UK supermarket Tesco.
just-food brought you exclusive updates from some of the power players in our industry as the likes of Nestle, Danone and Kerry Foods set out their investment case at the Consumer Analyst Group of Europe conference in London this week. In other news, Sainsbury's booked its first like-for-like sales drop in nine years, General Mills continued to face pressure in the US and we spoke to FrieslandCampina CFO Kees Gielen. Here are the highlights from the past week.
Kerry Group CEO Stan McCarthy has indicated the Ireland-based food group believes increasing demand for snacking presents an opportunity to grow the company's consumer foods business.
Sainsbury's booked its first drop in like-for-like sales in nine years this morning (18 March), when the UK retailer revealed fourth-quarter comparable revenues fell 3.8%.
The biggest story of the week came as it started - with the announcement of the proposed merger between banana giants Chiquita Brands International and Fyffes. Elsewhere, UK grocers Morrisons and The Co-operative Group grabbed the headlines - the former for its bid to revive sales and the latter for the resignation of its chief executive.
Morrisons has confirmed staff payroll details, including bank account data, has been stolen from the UK grocer and published online.
UK grocer Morrisons plans to increase its investment in pricing in order to "strengthen" its competitive proposition.
Morrisons this morning (13 March) reported an annual loss of GBP176m (US$293.6m), rounding off a challenging year for the UK's fourth-largest grocer.
UK online specialist Ocado today (12 March) reported a jump in first-quarter sales but the result failed to convince the City and its shares tumbled.
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.
The UK's Grocery Code Adjudicator insisted it is "making a difference" and improving the relationship between retailers and suppliers at its annual conference this week.
UK cash-and-carry and convenience retailer Booker Group has struck a deal to buy the Londis and Budgens symbol retail chains from Ireland's Musgrave Group - and emphasised the changing retail landscape in the country.
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