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

By Dean Best | 24 September 2012

This week's coverage on just-food had the World Retail Congress at its centre. The event, held in London, heard Tesco CEO Philip Clarke say retailers should look to "mass personalisation". It also gave us the chance to interview India's Future Group on the country's reforms to allow more foreign investment into its retail sector. Elsewhere, General Mills signalled it was looking to emerging markets for acquisitions, Dole Food Co. sold off assets to Japan's Itochu Corp. and B&G Foods entered the snacks sector with the purchase of the New York Style and Old London brands.

World Retail Congress 2012
International retailers this week gathered at the ExCel centre in the east of London for the 2012 World Retail Congress where for three days, leading executives discussed the challenging global economy, the evolution of the multi-channel shopper and the need to build sustainable businesses. just-food was at the event to bring you the news and events.

WRC 2012: Think personal to thrive, says Tesco CEO Clarke
Tesco CEO Philip Clarke has said retailers must embrace a strategy of "mass personalisation" as consumers increasingly use new channels to shop.

India's government eases rules on retail FDI
Nine months after opposition forced India's government to put reform on hold, it has pushed through changes that will allow overseas retailers to invest in multi-brand outlets.

The just-food interview - Rakesh Biyani, MD of Indian retailer Future Group
With India - and the prospect of wide-ranging economic reforms in the country - in the international business headlines, there are few other more opportune times to meet Rakesh Biyani, joint managing director of Future Group, one of the country's largest retailers.

US: General Mills looks to emerging markets for M&A deals
US food group General Mills has said it will look to the emerging markets for acquisition opportunities as the company faces a decline in domestic sales.

On the money: Disposals give "flexibility" for growth, says Dole
Dole Food Co. has said the sale of its global packaged food and Asian fresh businesses to Itochu Corp. will cut its debt and allow it more "flexibility" to look at growth opportunities.

US: B&G Foods acquires New York Style and Old London snack brands
New Jersey-based food group, B&G Foods, has acquired the New York Style and Old London brands from Chipita America in an all-cash deal worth around US$62.5m.

FRANCE: Sodiaal, Synutra sign investment deal
French dairy co-operative Sodiaal has signed a partnership deal with Chinese infant formula firm Synutra for the construction of a milk-drying facility in France.

UK: Vion "receives three bids for Hall's facility"
Dutch food group Vion has received interest in its Hall's of Broxburn site in the UK - a plant set for closure - from three potential bidders, according to Scottish government minister John Swinney.

On the money: ConAgra past and future acquisitions key to growth
US food group ConAgra Foods said acquisitions helped drive "stronger" top- and bottom-line growth in its first-quarter and insisted it will continue to look for M&A opportunities.

Sectors: Baby food, Bakery, Canned food, Cereal, Chilled foods, Commodities & ingredients, Condiments, dressings & sauces, Confectionery, Dairy, Dried foods, Emerging markets, Fresh produce, Frozen, Health & wellness, Ice cream, Meat & poultry, Mergers & acquisitions, Multichannel, Natural & organic, NPD & innovation, Private label, Retail, Seafood, Snacks, Sustainability & the environment, World foods

Companies: Tesco, General Mills, B&G Foods, Dole Food Co., Sodiaal, Synutra, Vion, ConAgra Foods

View next/previous articles

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 China: Consumer Profile

The effects of the global recession and the following recovery have led consumers to closely examine their choice of retailer and products purchased. While the effects have varied country by country, no retailer has been left totally untouched and th...

Tesco in the Czech Republic: Local Profile

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

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

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

just-food last week attended London's IFE trade show where we spoke to exhibitors about how they are faring overseas and how the UK government plans to help firms targeting international markets. just-food spoke with food minister David Heath who said the food industry was playing "catch up" on emerging markets. Elsewhere, Sainsbury's released a trading update and spoke of competition in the market and how it was content with its own promotional offerings.

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

Last week saw the just-food team hitting the streets to bring you coverage from two key events in the industry calender: the IFE trade show in London and the Consumer Analyst Group of Europe (CAGE) conference.

Interview: IFE: Arla to ramp up investment in UK dairy

For all the positive publicity around dairy exports, the UK dairy sector is facing some significant challenges. The domestic market is dominated by low-value own label liquid milk sales, while underinvestment means that UK producers and manufacturers operate at a competitive disadvantage to their European peers. However, Arla Foods plans to tackle these issues head-on. Arla UK vice president of marketing Ash Amirahmadi spoke to just-food on the group's plans to ramp up investment in the UK, including the launch of a new liquid milk brand.

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