Editor's choice: the best of just-food this week
Aside from the news that Tesco boss Sir Terry Leahy is to step down, this week saw bakery group Aryzta boost its presence in the US with two acquisitions, the disclosure that Hershey is readying for entry into India's chocolate market - and the admission from Canadian dairy group Saputo that Australia remains on its radar for expansion. Here is the best of just-food's coverage this week.
UK: Leahy to step down as Tesco boss
Sir Terry Leahy, the chief executive of UK retail giant Tesco, is to retire from the business in March.
US: Aryzta seals two bakery deals for US$1.1bn
Swiss bakery group Aryzta has struck deals to buy two US firms - Fresh Start Bakeries and Great Kitchens - for US$1.08bn.
On the money: Saputo eye remains on Australian market
Canadian dairy group Saputo said it remains ready for another acquisition, with the Australia market still on its radar screen.
INDIA: Hershey JV to launch chocolate in India
Hershey is to enter the chocolate sector in India with the local launch of one of its flagship brands, Kisses.
FRANCE: Carrefour cuts hypermarket jobs
Carrefour is to cut jobs from its hypermarket business in France in a bid to become more competitive in a challenging market for the world's second-largest retailer.
UK: Filling Woolworths’ sites drives Iceland profits
UK frozen-food retailer Iceland Foods today (7 June) reported a 19% rise in annual profits after the opening of over 50 stores on former Woolworths Group sites drove sales
On the money: Del Monte chief defends marketing spend
Del Monte Foods chief Rick Wolford today (10 June) defended the company's decision to boost its recent marketing expenditure and said the US food group was seeing the benefit of the higher spending.
On the money: Milk Link looks to unlock “latent potential”
Milk Link said it will continue to unlock the “latent potential” of the business during the next year as the UK dairy co-operative looks to develop new products focused on health.
Promo tracker: Muller takes top spot for second year
The Muller brand was the UK's supermarkets' most promoted brand for a second month running, according to just-food's Promo Tracker.
EU imports set to gain easier access to Swiss market
From next month, Switzerland will loosen its regulations on food imports from the EU. Peter Crosskey discusses the impact this could have for the country's manufacturers, retailers and consumers.
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Two Danone brands, Actimel and Activia, topped the list of the most-promoted food brands in the UK in November, according to the latest just-food Promo Tracker....
Tesco announced today (30 November) it will launch seven ethnic ranges in the UK this week....
- Rise of prepared foods in US grocers - analysis
- Hershey results, outlook, M&A - the top takeaways
- How are brands organising for e-commerce?
- Work on sugar could stir more clean-label concerns
- Are consumers getting tired of consuming?
- Fazer buys European biscuit brands from Mondelez
- Mondelez sees stronger margins, LFL growth
- Nestle, R&R Ice Cream finalise joint venture plans
- Pinnacle Foods names Mondelez's Mark Clouse CEO
- ConAgra sells two bakeries to Alpha Baking