• Latest news & comment - 9th March

Kroger sees improved conditions in 2010On the money: Kroger upbeat on second half outlook (MEM)

A cautious US grocer Kroger has said it expects to benefit from an improved competitive environment in the second half of 2010.

BELGIUM: Unilever, Nestle silent on ice-cream talk 

Unilever and Nestle have both declined to comment on reports they may be interested in buying Belgian Icecream Group (BIG), Belgian's largest ice cream maker.

UPDATE: UK: Campaigners slam junk food sports sponsorship (MEM)

Health campaigners have slammed the decision by sports associations to sign up companies and brands related to junk food as sponsors.

  • US: Kroger profits plunge on charges
    Profits at US grocer Kroger tumbled during 2009 due to impairment charges, soft sales and increased promotional activity.
  • US: Aldi expands into Texas (REG)
    Discount retailer Aldi has announced plans to expand into Texas with the opening of 27 stores in the north of the state over the next three months.
  • CANADA: Couche-Tard profits hit by gas margin
    Canadian retailer Alimentation Couche-Tard said today (9 March) that its third-quarter profits dropped 23% despite increased sales, as lower US gas margins hit earnings.
  • FDA gets tough but leaves scope for co-operation (MEM)
    The action taken by the US Food and Drug Administration (FDA) last week against 17 food manufacturers underlines its resolve in addressing food labelling. But, Ben Cooper writes, the FDA has left the way open for industry to be involved in the development of future policy and it appears to be an opportunity food companies are keen to grasp.
  • Ebro cuts ties with dairy with Lactalis sale (MEM)
    A full 100 years since a forerunner of Spanish food giant Ebro Puleva made its first dairy products, the company looks set to quit the category.
  • US: P&G recalls Pringles as salmonella scare widens
    Procter & Gamble has recalled two flavours of Pringles on fears that an ingredient used in their production could be contaminated with salmonella.
  • EUROPE: Cadbury's Bond to take senior Kraft role (REG)
    Kraft Foods has promoted Trevor Bond, head of Cadbury's operations in the UK and Ireland, to lead the combined group's country operations in Europe.

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  • News by sector

FDA "crackdown" shows how political wind has changed
8th March 2010 14:10

When it comes to ensuring that food is marketed responsibly, the US food industry is no longer being left to its own devices.

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  • Reports in focus
  • Hot topic

The FDA "crackdown" on health claims

Consumer advocates have welcomed FDA "crackdown" FDA gets tough but leaves scope for co-operation (MEM)
 
The action taken by the US Food and Drug Administration (FDA) last week against 17 food manufacturers underlines its resolve in addressing food labelling. But, Ben Cooper writes, the FDA has left the way open for industry to be involved in the development of future policy and it appears to be an opportunity food companies are keen to grasp.

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  • Free members' briefing

Latest briefing The Euromonitor International 2010 industry outlook from just-food

The global economic downturn has not radically changed how consumers eat or drink. Despite this, Euromonitor International forecasts 2012 retail value will be reduced by 5%, or US$200bn, compared to pre-crisis predictions. Hypermarkets and discounters will continue to see the largest retail value gains between 2009 and 2013 as consumers worldwide seek out economical options and value for money. This briefing offers Euromonitor's insights and predictions on the following key food sectors: baby food, confectionery, impulse food and meal solutions.

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