Amazon's consumer packaged goods (CPG) opportunity is valued at at least US$222bn annually in the US according to analysts at Sanford C Bern...
Online sales in the UK are on the rise as consumers increasingly shop for their groceries over the internet. Online sales represent a key gr...
Some may argue the Obama administration has done less on obesity than it set out to do but its work to tackle the problem while getting sign...
Wal-Mart has doubled the number of small stores it said it would build this year - and in a few paragraphs demonstrated new CEO Doug Millon,...
UK baker Walkers Shortbread generates over 40% of its sales outside its domestic market. The family-owned biscuit firm's largest export market is the US. Dean Best spoke to Steve Dawson, CEO of Walkers Shortbread's US arm, about the company's business across the Atlantic and plans for growth.
Burton's Biscuit Co. is the UK's second-largest biscuit maker, producing iconic brands from Jammie Dodgers to Wagon Wheels and Maryland Cookies. Earlier this month, it emerged that the company's private equity owners, Apollo Management and CIBC, have hired advisors to look at options for the business, including potential sale. Apollo and CIBC took ownership of Burton's in 2011 and, since then, the company has focused its operations, developed its strategic initiatives to drive growth and shaken up its manufacturing base to improve profitability. Burton's chief marketing officer Stuart Wilson spoke to just-food about how management plans to drive continued growth in the biscuit sector.
Tesco's full-year results proved disappointing, as expected, and CEO Bill Stritz has said online retailing has played a huge part. Elsewhere first quarter results were out and Co-op saw heavy losses. It has now decided to get rid of some of the Somerfield stores and focus on its convenience offering. There were developments on the Michael Foods acquisition with Post Holdings announcing it had taken over the firm in a US$2.45bn deal. Other acquisitions this week included Daelman's purchase of UK firm Fabulous Bakin' Boys and PE firm Abraaj's acquisition of North African confectioner Kool Foods.
Wal-Mart has revealed growth plans for its wholesale store division in India including the opening of additional stores and an extension of its B2B e-commerce platform.
South-African retailer Massmart has announced the resignation of its CEO Grant Pattison.
Olive oil giant Deoleo this week announced its board had backed a takeover bid from private-equity giant CVC Capital Partners. Elsewhere, Mondelez International announced plans for another plant in Russia and the political party that looks set to be the major party in India's next government said it would ban foreign supermarkets entering the country's retail sector.
Food retailers eyeing India would have been surprised to hear the BJP political party, tipped to lead the country's next government, publish a tough stance on foreign investment in its retail sector. Nestle CEO Paul Bulcke hinted the food giant could be looking at further disposals and Wal-Mart said more affordable organic groceries would be available in the US after a tie-up with the recently-revived Wild Oats brand.
Whole Foods Market lowered its outlook for the third time today (6 May) as the group missed second quarter expectations, sending shares plummeting.
We all know Wal-Mart packs quite a punch. The influence the retailer has was in full force this week at the group's first ever supplier expo, when it called on the world's largest manufacturers to improve their environmental footprints - and took an eye-catching photo.
Wal-Mart Stores, Inc. - Mergers & Acquisitions (M&A), Partne
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