Riding out the recession
The global economic downturn has had a profound impact on the way companies operating in the food sector do business. Recession has brought with it myriad challenges – ranging from securing credit lines to rapidly changing consumption patterns. Even as food companies grapple with these, they must also remain attuned to the new opportunities being thrown up by the exceptional economic conditions. Katy Humphries reports.
Food industry grapples with the downturn
25 March 2009
The global economic downturn has had a profound impact on the way companies operating in the food sector do business. Recession has brought with it myriad challenges – ranging from securing credit lines to rapidly changing consumption patterns. Even as food companies grapple with these, they must also remain attuned to the new opportunities being thrown up by the exceptional economic conditions. Katy Humphries reports.
just-food’s recession survival guide
25 March 2009
As food manufacturers look to adapt to the challenging economic environment, just-food has put together a recession survival guide with some of the top tips for weathering the storm.
US: ConAgra, PepsiCo top innovation poll
25 March 2009
ConAgra Foods, General Mills and PepsiCo have launched some of the “most successful” new brands in the last year, according to the latest research from IRI.
US: Bi-Lo files for bankruptcy protection
24 March 2009
US supermarket group Bi-Lo has been forced to apply for Chapter 11 bankruptcy protection as the credit crunch has prevented the company from refinancing outstanding loans.
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