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The 850 job losses will be spread across General Mills’ global operationsIn the spotlight - General Mills' two-pronged approach to austerity

25 May 2012

US food giant General Mills, which has suffered amid increasing input costs and a stagnant domestic market, this week announced it was cutting 850 jobs to improve efficiency and allow it to re-invest in other parts of its business. Just two days later, it announced a deal to buy Brazilian food manufacturer Yoki. Michelle Russell reports.

Focus: Australian suppliers still under scrutiny on children's ads

25 May 2012

The Australian food industry has recently claimed substantial progress for its self-regulatory measures aimed at restricting children's exposure to advertising of foods high in salt, sugar and fat. Health campaigners are less impressed. Ben Cooper assesses a polarised debate Down Under.

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

25 May 2012

The UK dairy sector was in the spotlight this week, with the proposed merger between Arla Foods and local co-op Milk Link and the annual loss reported by Dairy Crest. just-food interviewed senior executives from Arla and Milk Link to discuss the combination and reported on Dairy Crest's plans to increase returns from its troubled dairies business. Elsewhere, we reported on two sustainability events held in London, including the annual conference on the Round Table for Responsible Soy. And, further afield, Heinz revealed it was looking for more acquisitions in emerging markets while US rival General Mills secured a deal to buy Brazilian firm Yoki Alimentos.

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

25 May 2012

A raft of earnings results kept the just-food news desk busy this week. M&S chief executive Marc Bolland insisted its product development sets it apart from rival grocers, while Campbell Soup CEO Denise Morrison expressed her disappointment at the firm's US soup performance this year. Elsewhere, just-food spoke with Peter Lauritzen, CEO of Arla UK, and Neil Kennedy, chief executive of Milk Link, on the merits of their merger.

UK: Supermarkets slammed for "dodgy" pricing tactics

24 May 2012

UK shoppers are being "misled" by supermarkets over "dodgy pricing tactics" used for multi-buy offers, according to consumer group Which?

FRANCE: France's food industry grows despite "turbulence"

24 May 2012

France's food industry recorded a 6.8% increase in sales last year, despite "economic turbulence", "extreme" climatic conditions and geopolitical unrest.

US: General Mills to cut 850 jobs worldwide

22 May 2012

US food manufacturer General Mills has said it will cut around 850 jobs globally as part of a productivity and cost savings plan announced today (22 May).

EU: Ice cream drags on Unilever Europe sales - Bernstein

21 May 2012

Consumer goods giant Unilever saw a "sharp" drop in European food sales in April, despite the group delivering "good" results in 2011, Bernstein analysts have said.

Quote, unquote: Food and Drink Federation's Rio +20 event

21 May 2012

Representatives from the food industry, NGOs, academia and government met in London today (21 May) to discuss one of the most complex issues - how to alleviate the sector's impact on the environment. Held in the run-up to the UN's Rio +20 event next month, delegates and speakers debated how all stakeholders could make the sector more sustainable.

EU: Brussels publishes legal health claims

17 May 2012

The European Commission, after six years of work, has published a list of 222 health claims that can be made on food labels and advertising when products are sold in the EU.

SPAIN: Danone launches Yolado frozen yoghurt

17 May 2012

Danone has expanded its yoghurt offering in Spain with the launch of a frozen yoghurt concept.

UK: Industry rejects fresh "fat tax" call

16 May 2012

The UK food industry has rejected fresh calls for the imposition of a tax on unhealthy foods.

SINGAPORE: Fraser & Neave profits down 21%

14 May 2012

Singapore-based food and drink maker Fraser & Neave has reported a 21% decline in its second-quarter profits.

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

14 May 2012

Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits.

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

14 May 2012

Dubbed 'The Outperformer' by one set of City analysts, Sainsbury's announced annual profits that beat forecasts last week and the UK retailer remains confident in the face of increased competition. The UK grocery industry was in the spotlight last week, with the country's Government formally announcing its introduce a watchdog to monitor the sector. Elsewhere, CSM, a supplier of bakery products to retailers in North America and Europe, said it would exit the sector and focus on bioplastics.

UK: Marks and Spencer launches 'Simply M&S' food range

11 May 2012

UK retailer Marks and Spencer has launched a value grocery range under the banner Simply M&S.

UK: Food sales volumes remain under pressure

9 May 2012

Food sales volumes in the UK have remained under pressure in the first months of 2012 following a year in which the number of items in shopping baskets fell.

UK: Supermarket adjudicator expected in Queen's Speech

8 May 2012

A proposal to introduce an adjudicator for the UK grocery sector is expected to be announced tomorrow (9 May) in a move that would pave the way for the creation of a body to monitor behaviour in the supply chain.

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

8 May 2012

Bright Food, the Chinese food group, this week at last planted its first flag in Europe with an investment in UK cereal firm Weetabix. Elsewhere in Europe, the CEO of Norway-based consumer goods company Orkla quit amid a disagreement with the company's board and German retailer Metro Group reported a quarterly loss. We also published our latest Sustainability Watch interview, which focused on US food giant General Mills. Click on the headlines for more.

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

8 May 2012

Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla explained why its CEO had resigned from the Norwegian consumer goods group, German retailer Metro Group insisted its sales were improving after it reported a quarterly loss and UK peer Morrisons said it would not chase unprofitable volumes despite a fall in like-for-like sales.

Promo Tracker: Ocado ramps up discounts in April

2 May 2012

Ocado stepped up the level of discounts it offered in April in a mixed month of promotional activity among UK retailers, according to the latest data from just-food's Promo Tracker.

UK: Morrisons unveils NuMe range

1 May 2012

UK retailer Morrisons has launched a healthy eating range under the NuMe banner as part of its own-label revamp.

Sustainability Watch - Jerry Lynch, General Mills

30 April 2012

Why do companies invest in sustainability? To save the planet? Not really. Jerry Lynch, chief sustainability officer at General Mills, sees sustainability as an "innovation challenge", while uniting environmental and cost-saving strategies ensures that the sustainability mission addresses both environmental and economic aspirations.

just-food Confidence Survey - emerging markets and sustainability

30 April 2012

just-food's Confidence Survey also included questions on the emerging markets and sustainability. Of the BRIC markets, China gave respondents most cause for optimism. Outside those four countries, markets from Colombia to Vietnam filled others with confidence. And, on the issue of sustainability, alleviating their company's impact on the environment remained a priority for many despite the gloomy economic landscape.

just-food Confidence Survey - challenge of finding growth in static markets

30 April 2012

Rod Street, executive vice president for the international consulting group at SymphonyIRI, was the expert analyst on the webinar to discuss the results of just-food's Confidence Survey. He outlines how tough it will be to find growth this year but offers some ways businesses could succeed in 2012.

just-food Confidence Survey - surprise industry optimism

30 April 2012

just-food's first industry Confidence Survey came amid the toughest trading conditions for a generation. However, the results showed a level of optimism in the sector about the outlook for 2012. Nevertheless, consumers in many Western markets remain less confident about their own prospects and recent economic data is mixed at best.

just-food Confidence Survey - cost volatility and industry consolidation

30 April 2012

2011 was a year of commodity cost inflation and the food industry had hoped raw materials prices would fall back this year. However, in some cases, prices remain stubbornly high. The just-food Confidence Survey showed manufacturers remain determined to push through costs but competition between retailers remains intense, which could lead to a wave of consolidation in the sector.

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

30 April 2012

Allegations of bribery at Wal-Mart Stores' Mexican arm grabbed the headlines at the start of the week, rocking the world's largest retailer. Nestle, the world's largest food manufacturer, made waves of its own with its US$11.9bn deal to buy Pfizer's baby food business. The week also saw a raft of first-quarter results and the announcement of the latest results from Unilever's Sustainable Living Plan, a programme to reduce its impact on the environment. We met Unilever CEO Paul Polman to discuss the company's progress.

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

30 April 2012

Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its Mexican operations and Nestle's acquisition of Pfizer's baby food business was scrutinised by analysts. The investment community also had a raft of first-quarter results to get their teeth into, with Kellogg, PepsiCo, Premier Foods plc and Hershey among the companies reporting.

On the money: Unilever admits food "area of focus" in North America

27 April 2012

Unilever has admitted its food division in North America is "an area of focus" as parts of the business struggle amid the challenging trading conditions in the region.

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