Editor's choice: the highlights on just-food this week

By Dean Best | 19 March 2012

Premier remains in "last chance saloon" said one analyst

Premier remains in "last chance saloon" said one analyst

It was a bumper week of insight from just-food, with analysis of Richard Brasher's decision to quit as CEO of Tesco's UK operations, an examination of rising egg prices and a look at the future for UK food manufacturer Premier Foods. We also emphasised our international reach, with an exclusive interview with the chief executive of Spanish retailer Grupo Eroski. Click on the headlines for more.

On the move: Clarke grapples UK woes as Brasher exits Tesco
Tesco UK director Richard Brasher will leave the business later this year, having only taken on leadership of the supermarket group's UK arm 12 months ago. In a move that signals the emphasis that Tesco is placing on improving its UK performance, Brasher will be replaced by group CEO Philip Clarke. Katy Humphries reports.

Focus: UK food industry faces egg-streme prices
UK egg prices have seen a dramatic increase in the wake of the introduction of an EU ruling on animal welfare, with obvious implications for the margins of food manufacturers. However, there are those in the egg industry that insist prices are still not at a level to make egg production sustainable. Katy Askew tries to crack the story.

In the spotlight - Uncertainty surrounds Premier Foods despite debt deal
News this week that Premier Foods plc has secured a debt refinancing deal that could secure its future has followed a year of turbulence and uncertainty over the direction of the UK food giant. However, as Michelle Russell writes, the City remains unsure about the company's future.

UK: United Biscuits owners mulling break-up options
Blackstone Group and PAI Partners, the private-equity owners of United Biscuits, are considering the possibility of selling the UK firm's salty snacks business.

UK: Ice cream firm R&R "up for sale"
UK-based private-label ice cream maker R&R Ice Cream is reportedly set to be put up for sale.

Deal or no deal: Dairy Crest eyes UK acquisitions
Last week, Dairy Crest announced that it is considering the sale of its French spreads brand, St Hubert. In a move that raised some eyebrows in the investment community, the group indicated that it could use some of the proceeds to fund future acquisitions. Katy Humphries takes a look at which potential deals might pique Dairy Crest's interest.

just the answer - Agustin Markaide, Grupo Eroski
Spain's Grupo Eroski recently signalled its intention to focus on its domestic operations, off-loading its stake in its French JV with Carrefour, Altis, to Intermarché. Speaking at the group's annual conference, CEO Agustín Markaide discusses the group's plans across its supermarket and hypermarket formats as well as online.

FRANCE: Farmers take Lactalis to court over milk contracts
The French dairy farmers federation has announced that it is taking Lactalis to court over "imbalances" in the milk price proposals the processing giant has put on the table.

JAPAN: Retailer Aeon targets Vietnam, Malaysia, China expansion
Japanese retailer Aeon is expanding its business in Vietnam, Malaysia and into smaller cities in China.

US: Ex-Wal-Mart exec Cornell takes senior PepsiCo food role
Former Wal-Mart Stores executive Brian Cornell has rejoined PepsiCo to head its food business in the Americas.

Sectors: Bakery, Canned food, Condiments, dressings & sauces, Emerging markets, Frozen, Ice cream, Mergers & acquisitions, Multichannel, Private label, Retail, Snacks, World foods

Companies: Tesco, Eroski, Dairy Crest, United Biscuits, Premier Foods plc, Lactalis, R&R Ice Cream, Aeon, Carrefour, PepsiCo, Wal-Mart Stores

View next/previous articles

Currently reading -

Quote, unquote: just-food's week in words

Currently reading -

Editor's choice: the highlights on just-food this week

There are currently no comments on this article

Be the first to comment on this article

Related research

Tesco in Turkey: Local Profile

This is a detailed report covering Tesco’s store formats, private labels, history, key employees, and key financial and operational metrics in Turkey....

Related articles

INDIA: FDI retail reform returns but states will have final say

The Indian government has again opened the door to foreign investment in the country's retail sector - but states will have the final say on whether multi-brand outlets backed by overseas capital can open.

UK: Wiseman next to pledge milk price hike

Robert Wiseman Dairies has become the latest UK dairy processor to announce an increase in the price it pays farmers for milk.

FRANCE: Carrefour, Intermarche in store swap

French retailers Carrefour and Intermarché have signed a deal to swap a batch of stores, a transaction prompted by their deal earlier this year over the Altis joint venture.

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page