March was a month in which Tesco and Woolworths announced notable moves on private label, in part, analysts said, driven by the rise of disc...
The UK's Conservative Party may only have a working majority in the House of Commons of 17 but, with the Labour Party struggling to convince...
The World Economic Forum’s Global Risks Report 2016 rates the failure of climate change mitigation and adaptation as the risk that could have the greatest impact on business. In addition, Ben Cooper writes, the prevalence of climate change risk and the way it is expected to exacerbate other environmental, societal and economic impacts underlines the increasing interconnectedness of business risk, which is an overarching theme of the report.
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.
Multinational grocery retailers demonstrated a various different strategies to grow their sales and expand their consumer reach over the past month. Here is just-food's round-up of some of the major developments at your retail customers during October.
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.
Irish private-label ready-meals maker Ballymaguire Foods has opened a new domestic plant it hopes will help expand its presence in the UK. The company says demand for ready meals continues to rise in Ireland and the UK and managing director Ed Spelman talks to Hannah Abdulla about the group's plans to tap into that growth.
Family-owned UK company Bennett Opie is a varied business, selling products from pickles to compotes under its Opies brand at home and abroad and handling a fast-growing distribution arm in its domestic market. just-food spoke to fourth-generation owner William Opie about the company's recent rapid growth and its ambitions to expand further overseas.
Associated British Foods has taken its Indian spice brand, Patak's, into the frozen ready meal market.
Glanbia has declined to comment on the impact a reported milk supply contract loss to Tesco in Ireland will have on its business.
Tesco plans to launch seven value-oriented own-label ranges in the UK, focusing on delivering "quality" in the produce, meat and poultry categories.
Food manufacturers and retailers operating in the UK - including Nestle, Unilever, Tesco and Asda - have signed up to cut food and drink waste in the country by a fifth in ten years.
Tesco has apologised for "unsustainable and harmful" practices with its suppliers after the UK Groceries Code Adjudicator found the retailer "seriously breached" the Groceries Supply Code of Practice drawn up to govern dealings with manufacturers.
Tesco has re-listed core products from Associated British Foods' bread brand Kingsmill, reversing a decision the UK's largest retailer made in March to stop stocking the lines.
Associated British Foods-owned bread brand Kingsmill is set to return to Tesco shelves, after the UK's largest retailer delisted the brand in March.
The discovery of "superbug" MRSA in pork on sale in several UK supermarkets has prompted renewed calls for the food sector to change the way it uses antibiotics in meat production.
Lactalis-owned UK dairy business Rachel's Organic has confirmed supermarket Tesco has delisted its yoghurt range.
We attended the Consumer Analyst Group of Europe conference in London this week, bringing you strategic updates from the likes of Nestle, Danone and Glanbia. Elsewhere, General Mills reported further pressure on sales and earnings and we profiled the growing importance of e-commerce to baby food makers in China.
Tesco has confirmed it is de-listing Associated British Foods' largest UK bread brand, Kingsmill.
Irish ice cream producer Paganini is eyeing an entry into the Middle East's retail sector with the launch of its protein-heavy product Fitfuel.
Tesco has reportedly sent out more than 3,000 emails asking its suppliers to cut prices in reflection of falling commodity costs.
This week, Tesco found itself in more deep water with the UK's grocery watchdog saying it suspects the UK supermarket has breached the code of practice governing dealings with suppliers. Elsewhere, Arla announced a joint venture in Australia which it hopes will multiply its business in the country significantly and Hain Celestial's CEO was upbeat about the US group's prospects.
Tesco is to be the first UK retailer investigated for alleged breaches of the country's groceries code in the wake of its mis-statement of profits, it was announced this week. Elsewhere, a staff error led to Fonterra losing its licence to ship cheese to the US and Mars revealed it will close a chewing gum plant in Canada.
The UK's Grocery Code Adjudicator has launched an investigation into Tesco's dealings with its suppliers following September's profit-overstatement scandal.
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.
Tesco this week claimed it wanted to "regenerate" its relationship with suppliers, with a strategy that looks set to cut the number of SKUs on sale in stores. Meanwhile, speculation emerged Brazilian private-equity firm and Heinz co-owner 3G Capital is looking at further acquisitions in the food industry.
This week, Chobani refuted claims its CEO Hamdi Ulukaya is being pushed out of his position. Elsewhere, Tesco outlined a new strategy expected to have a profound impact on the companies that supply the retailer. Findus acquired Nestle's Spanish frozen food business La Cocinera and HKScan announced it was axing 95 jobs across two of its sites in Denmark. Here is the week in quotes
Tesco has said it is focused on "regenerating" relations with suppliers through "new commercial income guidelines" and associated year-end cash management.
UK chilled soup manufacturer The Yorkshire Provender Co. has invested GBP2m (US$3.1m) into expanding its production facilities.
This week, Danone announced it was forming a new division for its operations in Africa and keeping its medical nutrition arm, which had been the subject of takeover speculation. Tesco issued yet another profit warning, but CEO Dave Lewis is convinced the company is taking the right steps for the future and outlined changes to the way the retailer will do business with suppliers. Elsewhere, Kellogg remained coy over union claims it was mulling the closure of two cereal plants in the US. Here is the week in quotes.
An eye-catching tech move from Tesco has been revealed this week - and one that has echoes of one of Amazon's latest initiatives in the US.
The UK retail giant has sought to "simplify" its trade terms with suppliers.
Tesco PLC (TSCO) - Financial and Strategic SWOT Analysis Rev
Tesco Plc (Tesco) is a multinational general merchandise retailer. The company carries out retailing business through multi-format stores and online. Its stores are classified into seven formats diffe...
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Tesco Globál Áruházak, a packaged food retailer, will focus on strengthening its position in this environment. The company has recently suffered from falling sales in hypermarkets, and will therefore...
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