• Latest news & comment - 6th November

NETHERLANDS: Ahold silent on Belgium, Germany expansion plans (MEM)

Retail giant Ahold has remained silent on reports it is considering expanding its Dutch Albert Heijn chain to Belgium and Germany.

INSIGHT: Unilever to "reignite" volume growth (MEM)

Unilever, the Anglo-Dutch conglomerate, said it will “reignite” volume growth by investing in its brands.

SPAIN: Sos plans layoffs as bidders line up for rice business (MEM)

Sos Corporación Alimentaria has announced 700 temporary layoffs and acknowledged that six international and local bidders have expressed interest in its household rice business.

  • US: FDA, FSIS look to boost traceability
    The US he Food and Drug Administration and Food Safety and Inspection Service of the US Department of Agriculture has organised a joint public meeting focused on improving the system for tracing of food products and ingredients that are causing illness outbreaks.
  • INSIGHT: Tate & Lyle to focus on capital management (MEM)
    UK sugar and sweetners group Tate & Lyle has indicated that it hopes to boost profitability by sharpening its focus on cost controls and capital management.
  • Icelandic food sector hopes to come in from the cold (MEM)
    In the wake of Iceland's financial meltdown, food manufacturers in the country have found themselves struggling with higher input costs. However, exporters have also flourished due to the weak currency. Gerald O'Dwyer reports.
  • UK: Tate & Lyle profits dip on pricing
    UK sugar and sweetener group Tate & Lyle posted a 13% drop in first-half profits today (6 November) despite a better-than-expected 7% rise in revenues.
  • SWEDEN: ICA profits jump 37% (MEM)
    Swedish supermarket chain ICA has booked a 37% jump in operating profit as the group saw losses narrow at its Norwegian unit.
  • US: Hain Celestial earnings rise, sales disappoint (REG)
    The Hain Celestial Group has booked a 17.6% rise in first-quarter earnings and reaffirmed its full-year outlook, despite declining sales.
  • US: Seneca H1 profit up on retail store brands (REG)
    US food group Seneca Foods posted an increase in half-yearly profit today (6 November), boosted by the performance of its retail store brands business.

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  • News by sector

Private label star waning?
5th November 2009 16:55

We heard from two players on the US stage today (5 November) – one retailer and one manufacturer – both of whom bore the same message. According t...

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  • Reports in focus
  • Hot topic

Iceland looks for signs of thaw

Icelandic food sector hopes to come in from the cold (MEM)
 
In the wake of Iceland's financial meltdown, food manufacturers in the country have found themselves struggling with higher input costs. However, exporters have also flourished due to the weak currency. Gerald O'Dwyer reports.

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  • Free members' briefing

Latest briefing Global food commodity price volatility here to stay

Food commodity prices are seldom out of the news, due to a mushrooming global population, the food-for-fuel controversy, an increasing focus on sustainability and the continued growth of the organic sector. However, beyond the generality of crop prices spiralling to new highs in 2007 and 2008 and then plummeting - in some cases - back to where they were before the boom, the picture is far from uniform. This month's briefing looks at recent trends, projects, likely developments over the next few years and analyses what they mean for the global food-manufacturing sector.

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