Top stories on just-food this week
Once again, the issue of food safety reared its head in the US and once again, a nut maker is at the centre of the outbreak. The likes of PepsiCo, Kraft Foods and Kroger have pulled lines after the country's second-largest pistachio maker announced a recall over salmonella fears. In Europe, Bakkavor booked a loss for 2008 and Cadbury announced plans to close a gum plant in Spain. And, in Asia, Heinz entered India's cereal market. These are the top stories on just-food this week.
US: PepsiCo, Kraft, Kroger join pistachio recall
The recall of salmonella-contaminated pistachios has drawn in a number of other companies, with PepsiCo's Frito-Lay, Kraft Foods and Kroger forced to issue consumer recalls.
ICELAND: Bakkavor swings to annual loss
Icelandic food company Bakkavör posted a loss of GBP154.2m (US$222m) in 2008, hurt by foreign currency loans, restructuring costs and a loss on the company's Greencore investment.
SPAIN: Cadbury opens consultation on plant closure
Cadbury has started consultations with workers in Spain over a proposal to close its Trident chewing gum production facility in Barcelona.
NETHERLANDS: Wessanen issues profit warning
Dutch food group Wessanen today (3 April) warned that its first-quarter profits would be "significantly lower" than in 2008 due to competition in North America and Europe.
INDIA: Heinz to enter Indian cereal market
Heinz India is set to enter the breakfast cereal market with Complain Nutria Bowl Muesli, a product to be launched in a phased manner starting within southern markets.
UK: Parkam acquires Freshway Foods
Privately-owned chilled meat producer Parkam Food Group has acquired UK sandwich maker Freshway Foods a matter of hours after it was placed into administration, just-food can reveal.
UK: Food inflation rumbles on - TNS
The weakness of sterling is continuing to drive rising food prices in the UK, industry analysts TNS Worldpanel said today (31 March).
just the answer - Anne Berlack, IRI
Publication of the annual IRI New Product Pacesetters Report is an eagerly-awaited event in the US food sector, the report being viewed as a useful barometer of the state of the market and current trends. Ben Cooper spoke with IRI consumer and shopper insights practice executive vice president Anne Berlack about this year's findings and particularly the impact of the recession on new product development and consumer behaviour.
Sectors: Baby food, Bakery, Chilled foods, Commodities & ingredients, Confectionery, Dairy, Emerging markets, Food safety, Fresh produce, Frozen, Health & wellness, Meat & poultry, Natural & organic, NPD & innovation, Retail, Seafood, Snacks, Sustainability & the environment
Unsurprisingly, Tesco, the UK's largest retailer has remained vocal in its opposition to plans for stronger checks on retail expansion, while Wal-Mart-owned Asda, its nearest rival in the country, has...
Speculation over what Cadbury CEO Todd Stitzer meant - or did not mean - when he addressed investors in London this week added grist to the mill of the "Kradbury" saga. EU politicians and milk farmers...
Cadbury said that a lawsuit filed against it by a minority shareholder for rejecting Kraft's proposed offer is "entirely without merit"....
The Kraft Foods-Cadbury saga continued to dominate the food industry's headlines this week, with news that the UK M&A regulator has given the US food group until 9 November to make a formal offer for ...
Kraft Foods has been set a deadline to make a formal offer for Cadbury or the US food giant will be forced to put any takeover ambitions on hold for six months....
Kraft Foods chairman and CEO Irene Rosenfeld has reportedly criticised her counterpart at Cadbury for his defence of the UK confectioner's growth prospects as an independent company....
Kraft Foods chairman and CEO Irene Rosenfeld has insisted a takeover of Cadbury is not vital to the US food giant....
Cadbury today (25 September) tried to clear up the confusion surrounding reports that CEO Todd Stitzer had claimed Kraft Foods' proposed offer for the business made "strategic sense"....
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