Quote unquote: just-food's week in words
Major UK retailers reported a bit of a mixed Christmas, with Tesco's shares sliding following a trading announcement, while Sainsbury's claimed a "record-breaking" festive period. The fortunes of US baker Hostess Brands are more clear cut. The company this week entered Chapter 11 bankruptcy protection for a second time.
"I feel like I'm in control" - Tesco CEO Philip Clarke brushes off criticism after the retailer's like-for-like sales in the UK fell again in the run-up to Christmas.
"Any way you to choose to slice the data...our performance is the best of all the major grocers" - Sainsbury's chief executive Justin King hails what the retailer called its best ever Christmas.
"With consumer confidence at a generational low, you're going to a sector that has very low like-for-likes" - Morrisons chief executive Dalton Philips is cautious about the prospects for UK food retailers in 2012.
"Hostess has some of our industry's most powerful and resilient brands" - Hostess president and chief executive officer Brian Driscoll said its business as usual for the twice-bankrupted snacks firm.
"We are disgusted that these few producers are still using banned barren battery cages" - British Egg Industry Council chairman Andrew Parker on the news that 30 UK egg producers are ignoring an EU ban.
"For a retailer, it is never an easy decision to close stores as we are fully aware of the impact on our associates, our customers and the communities we serve" - Delhaize Group CEO Pierre-Olivier Beckers reacts after the retailer announced 5,000 jobs will go.
"We have always been, and are now, in constructive discussions with our franchisees to ensure that the relationships develop with the environment around us" - an Albert Hiejn spokesman plays down reports of a row with franchisers.
"It would seem that Unilever believed the workers would give up after one day's strike but they are badly mistaken" - Jennie Formby, national officer of Unite, as more strikes over Unilever's changes to its pension plan loom.
Premier Foods plc this week announced another asset sale with the disposal of its ethnic flour business Elephant Atta to Associated British Foods....
Japanese retailer Aeon has posted a 9% increase in first-quarter operating profit on the back of improved sales....
Tesco in Czech Republic has decided to make some substantial personnel changes....
Waitrose led the promotional activity in the UK grocery sector last month, according to the latest data from the just-food Promo Tracker....
- Focus: The impact of Heinz's stevia ketchup
- Focus: Gen Mills turns to M&A to bolster US ops
- Comment: Kingsmill "youth" appeal bodes well
- BRICs: How dairy deal bolsters Lactalis and BRF
- Viewpoint: US health food in play - at a price
- Arla joins race for Egypt's Arab Dairy
- Glanbia to buy US sports nutrition firm Isopure
- Mondelez pauses production at Cadbury Oz site
- Danone to close plant in Russia
- Burton's "eyeing" United Biscuits merger