2011 - The year in review
2011 has been a fascinating, varied and tumultuous year for the food industry. just-food takes a look at the stories that have shaped the industry.
The collapse of Lehman Brothers in October 2008 was a pivotal point in the evolution of our economic landscape. The fact businesses can look back to that day and pinpoint a sea-change in the shopping behaviour of Western consumers makes it the most extraordinary of events.
The year began with predictions that sustainability would continue to rise up the corporate agenda this year, and so it has proved.
A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.
A slump in consumer confidence and a turbulent year at a corporate level for some major retailers were defined 2011. Dean Best looks back at a tumultuous year for the world's major food retailers.
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- Premier Foods issues profit warning
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- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega