Retail: Latest news and analysis articles
Tesco issued another profit warning this morning (9 December) that once again highlights the challenging task facing new CEO Dave Lewis. In...
The e-commerce channel in China is buoyant - one only has to witness the recent IPO of Alibaba in the US to see that - but smaller online re...
Price is becoming an ever more significant issue in the UK grocery sector. Squeezed consumers and pressured retailers are increasingly focus...
It hardly even seems to count as news: the German discounters continue to make strides in the UK. The trend has been in evidence for years n...
Scandinavian free-from firm Fria entered Ireland last month, its 11th European market since it launched in 1996, another example of the growth in demand for gluten-, lactose- and dairy-free products. just-food's Hannah Abdulla caught up with Fria CEO Jeanine Holmgren about the latest trends in the sector and how innovation is a key factor to staying ahead in this sector
Premier Foods has strengthened its financial position and is building profitability through a focus on cost reduction. However, the UK company is finding the going tougher as it looks to accelerate its sales growth. Chief executive Gavin Darby spoke to just-food about how Premier is adapting to the changing landscape in UK grocery retail.
Days before Christmas came one of the more notable deals of recent months with Thai seafood giant Thai Union Frozen swooping for US group Bumble Bee Foods. In the US, ConAgra Foods wrote down the value of its own-label arm and Kraft Foods Group announced a new CEO. Elsewhere, Australian retailer Coles admitted payments it demanded from suppliers broke competition law and we interviewed the CEO of Groupe Doux, the French poultry group getting itself back on a firmer footing a year after emerging from administration.
Coles has agreed to accept payments demanded from suppliers in 2011 constituted "unconscionable conduct" and said it will take part in an independent review to assess supplier refunds.
This week, Danone announced it was forming a new division for its operations in Africa and keeping its medical nutrition arm, which had been the subject of takeover speculation. Tesco issued yet another profit warning, but CEO Dave Lewis is convinced the company is taking the right steps for the future and outlined changes to the way the retailer will do business with suppliers. Elsewhere, Kellogg remained coy over union claims it was mulling the closure of two cereal plants in the US. Here is the week in quotes.
UK body The Federation of Small Businesses (FSB) has claimed to have uncovered "alarming levels" of "widespread unfair dealing" in the supply chain.
Some very interesting news came out of Unilever's investor day in London yesterday (4 December). The FMCG giant plans to separate its struggling spreads business into a standalone unit, prompting further speculation that the group could be gearing up for a sale of its spread brands including Flora. Unilever's acquisition earlier in the week of a US gelato maker underlined that the company is, however, willing to invest in growth areas of its food portfolio. Meanwhile, on the emerging market front, the local dairy arms of PepsiCo and Danone faced criticism from Moscow. Elsewhere, a move from Britania Industries made some commentators question how food makers can capitalise on the rapidly developing e-commerce opportunity in India - if they can at all. Here are the highlights from just-food.
This week, Nestle lost a trademark infringement case in Singapore over its Kit Kat product. Arla Foods pulled out of the race to acquire Arab Dairy and Unilever decided to separate its ailing spreads business into a stand-alone unit. India hit the headlines frequently, with Britannia Industries "pioneering" the online exclusive launch of its new biscuit product before it hits traditional stores, and with Fererro re-thinking its plans for its business in the country.
Germany's competition watchdog has issued an interim injunction against retailers Edeka and Tengelmann over their planned deal over the Kaiser's supermarket chain.
Imperfection is quickly becoming a way for the food industry to tackle the problem of food waste.
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