Top stories on just-food this week

By: just-food.com | 24 July 2009

It's results season. This week, Danone, among others kicked off the slew of half-year results due in the weeks ahead - and the French food giant saw signs of revival at its dairy division. However, those results were soured by the news that Russia's competition watchdog is investigating Danone over prices. Staying in Russia, local retailer Seventh Continent is said to be "more open" to a bid from Carrefour, while Spar International told us it was on the look-out for more partners in the market. And, back in the UK, the comments from the outgoing chair of the Food Standards Agency on flapjacks and obesity caught your attention.

These are the top ten stories on just-food this week:

INSIGHT: Danone develops "whole-spectrum" offering
Danone CFO Pierre-Andre Terisse revealed this morning (24 July) that the French food giant is adjusting its product portfolio to cover the "whole spectrum" of the market and increase its appeal to consumers with less buying power. 

RUSSIA: Danone faces Russian competition probe
Russia's competition watchdog has said that it suspects food giant Danone of breaching local competition laws by co-ordinating the price retailers charge for its products.

RUSSIA: Seventh Continent "more open to Carrefour approach"
Seventh Continent, the Russian retailer, could be more inclined to accept a fresh takeover bid from French group Carrefour, the world's second-largest retailer, sources have told just-food.

RUSSIA: Spar looking to add to store network
Spar International, the Netherlands-based retailer, is on the look-out for more franchise partners to add to its network in Russia, the company's managing director has told just-food.

UK: Ban flapjacks to curb obesity - outgoing FSA chair
UK supermarkets should pull a range of snack products, including flapjacks, from their shelves in a bid to curb rising obesity, according to the outgoing head of the Food Standards Agency.

Cadbury looks to sweeten sales with Fairtrade
To the delight of the more socially-aware chocoholics in the UK, Cadbury yesterday (22 July) revealed it had started production of Fairtrade Dairy Milk. And the UK confectionery giant looks to have stolen a march on its rivals. Dean Best reports.

UK: TSC Foods sold to private equity firm KCP
Leeds-based private equity firm Key Capital Partners has acquired UK group TSC Foods, a spokesperson for the investment vehicle confirmed today (20 July).

UK: Duchy denies Waitrose takeover talk
Duchy Originals, the UK organic firm set up by the Prince of Wales almost 20 years ago, has denied there are plans to sell the business to Waitrose, the upmarket retailer.

US: Target expansion focuses on food
US retailer Target Corp. has announced the opening of 23 new stores, 21 of which will offer food products.

UK: ASA slams Kerry 'sexual sausage' ad
Four radio ads promoting Kerry Foods' Mattesons sausages in the UK must no longer air when children are likely to be listening, the Advertising Standards Authority (ASA) has said.

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

Companies: Danone, Carrefour, Spar International, Cadbury, Waitrose, Dairy Milk, Duchy Originals, Target Corp.

View next/previous articles

Currently reading -

Top stories on just-food this week

There are currently no comments on this article

Be the first to comment on this article

Related research

Company Financials: Groupe Danone

IntroductionThe Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance s...

Black Diet and Wellness - US - December 2009

The connection between food, tradition, family and history is a deep one for African Americans....

Company Financials Carrefour S.A.

The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and ca...

Related articles

US: Yakult to build first US plant

Japanese probiotics maker Yakult plans to expand its operations in the US with the opening of its first production facility in the market.

CHINA: Carrefour to enter Inner Mongolia

Carrefour, the world's second-largest retailer, is to open its first store in the Chinese province of Inner Mongolia next year.

Top stories on just-food this week

Kraft Foods' patient pursuit of Cadbury this week paid off as the US food giant secured the backing of the UK confectioner's board after tabling a higher takeover offer. The proposed acquisition of Cadbury has been met with raised eyebrows on both sides of the pond but the deal will make Kraft the world's largest confectioner. Meanwhile, in the US, Hormel Foods snapped up the Country Crock side dish business from Unilever and, in the UK, egg giant Noble Foods has added to its dessert business with a majority stake in Gu. And, elsewhere, Tesco and Carrefour hinted at further expansion in India. These are the most popular stories in just-food this week.

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