Top stories on just-food this week

By: just-food.com | 15 February 2008

Germany's chocolate makers, including Kraft and Nestle, have become the centre of the latest price-fixing probe to hit the sector this week, while the ambitions of Tesco and Aldi in the US also grabbed your attention. Here are the five most-read stories on just-food this week.

UPDATE - GERMANY: Kraft, Nestle "co-operate" in pricing probe
Kraft Foods and Nestle said today (11 February) that they are "co-operating" with the investigation into alleged price-fixing among chocolate producers in Germany. The two food giants were among seven chocolate makers raided by German officials at dawn on Thursday as part of an investigation into alleged collusion.

US: Tesco coy over Chicago plans
Tesco is refusing to be drawn on reports the company is looking for potential sites for its Fresh & Easy business in Chicago. Tesco currently operates 37 outlets throughout Southern California, Nevada and Arizona.

UK: Kellogg team recruited to boost snack sales
Kellogg has today (13 February) launched a bid to become a major snacks player in the UK. Jean-Yves Heud, the man appointed to lead the push, said it was "critical" that Kellogg ups its presence in the UK convenience channel.

US: Aldi wants discounts to lure consumers
Discount grocery giant Aldi is taking steps to further lower its prices in stores in the US. The German retailer this month began its expansion in the US with work beginning on its US$40m Florida headquarters and distribution centre. For the next nine weeks, Aldi is also lowering prices in stores in and around St. Louis.

US: General Mills, DuPont sell soy venture
General Mills and DuPont have sold their 8th Continent soy milk joint venture to Stremicks Heritage Foods, a US-based speciality foods company.

Companies: Tesco, Nestle, Aldi, Kellogg, Kraft Foods, Fresh & Easy, General Mills

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