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From carbon footprints to footing the bill for ethical consumerism

Tesco CEO Philip Clarke blamed online retailing as one of the reasons for TescoQuote, unquote: just-food's week in words

17 April 2014

Tesco's full-year results proved disappointing, as expected, and CEO Bill Stritz has said online retailing has played a huge part. Elsewhere first quarter results were out and Co-op saw heavy losses. It has now decided to get rid of some of the Somerfield stores and focus on its convenience offering. There were developments on the Michael Foods acquisition with Post Holdings announcing it had taken over the firm in a US$2.45bn deal. Other acquisitions this week included Daelman's purchase of UK firm Fabulous Bakin' Boys and PE firm Abraaj's acquisition of North African confectioner Kool Foods.

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

14 April 2014

Olive oil giant Deoleo this week announced its board had backed a takeover bid from private-equity giant CVC Capital Partners. Elsewhere, Mondelez International announced plans for another plant in Russia and the political party that looks set to be the major party in India's next government said it would ban foreign supermarkets entering the country's retail sector.

Editor's viewpoint: Food security and consumer demand

8 April 2014

There is a growing consensus that a warming climate has an impact on food production - putting supply firmly at the debate over food security. But the demands of a growing global population are just as important to consider as industry, government and academia wrestle over how to solve the issue.

Quote, unquote: Westminster Food & Nutrition Forum on food security

7 April 2014

Representatives of industry, academia, NGOs and politics met in London last week to discuss the issue of food security and the challenges that lay ahead. Climate change, over-consumption and the use of technology in agriculture were just some of the topics discussed. just-food brings a flavour of the event.

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

7 April 2014

This week, Tesco CFO Laurie McIlwee ended weeks of speculation over his future after handing in his resignation. Elsewhere, Kellogg was one of the three manufacturers linked to the rumoured sale of Dorset Cereals and Arla announced a proposed merger with EGM Walhorn.

FINLAND: HKScan outlines responsible soy sourcing plan

3 April 2014

Finland-based meat supplier HKScan has become a member of the Round Table on Responsible Soy.

Sustainability Watch - Mondelez International

31 March 2014

Phrases like ""low-hanging fruit" and "win-wins" have made the rhetoric around sustainability sound a little well-worn but Mondelez International's new drive on healthier snacks, sustainable sourcing and reducing its environmental impact has attracted Ben Cooper's attention. He interviewed Mondelez's Christine McGrath, the executive leading the strategy.

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

31 March 2014

This week Cerebos Greggs announced the closure of its East Tamaki plant putting 125 jobs at risk. Job cuts were announced at Asda too as the company plans a restructure to cut costs. Ads and marketing campaigns were the centre of attention this week with Aldi getting its wrists slapped over the Swap and Save campaign and Sainsbury winning an appeal for a judicial review of Tesco's price promise. Here is the week in quotes

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

24 March 2014

just-food brought you exclusive updates from some of the power players in our industry as the likes of Nestle, Danone and Kerry Foods set out their investment case at the Consumer Analyst Group of Europe conference in London this week. In other news, Sainsbury's booked its first like-for-like sales drop in nine years, General Mills continued to face pressure in the US and we spoke to FrieslandCampina CFO Kees Gielen. Here are the highlights from the past week.

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

24 March 2014

The Consumer Analyst Group of Europe conference dominated news this week with updates from Kraft Foods Group, Glanbia and Nestle. Elsewhere GM was back in the spotlight with the UK Prime Minister's scientific advisers arguing the technology is safe. Also this week the political tensions in Russia and Ukraine saw Metro Group delay an IPO of its Russian cash-and-carry unit and Lidl announced the departure of chairman Karl-Heinz Holland.

UK/NETHERLANDS: Unilever issues GBP250m "green bond"

20 March 2014

Unilever revealed plans to issue the "first ever green sustainability bond" in the sterling market yesterday (19 March).

AUSTRALIA: Aldi rolls out traceable tuna

20 March 2014

Aldi has implemented tracking across its range of canned tuna in Australia, enabling consumers to trace product back to its sauce and ensuring that the tuna was caught in a sustainable way.

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

17 March 2014

This week, The Co-operative Group CEO Euan Sutherland quit the UK retailer, hitting out at the way it was run after the company hit the headlines again - this time after his pay package was leaked. Fellow UK grocer Morrisons reported an annual loss and another year of falling sales - chief executive Dalton Philips and set out plans to fight back against the discounters.

UK: Tesco looks to build trust through ethical trade

13 March 2014

Efforts to source products ethically are central to UK retailer Tesco's ability to build consumer trust, ethical trade director Giles Bolton insisted yesterday (13 March).

GLOBAL: Mondelez outlines sustainability drive

13 March 2014

Cadbury and Oreo owner Mondelez International has set out fresh plans for healthier snacks, sustainable sourcing and reducing its environmental impact.

US: Mars steps up action on palm oil

11 March 2014

Mars Inc has committed to building a "traceable" and "sustainable" palm oil supply chain.

Confectionery: Why cocoa can only be sustainable without child labour

10 March 2014

Child labour is intrinsically linked to cocoa's broader sustainability challenges. If the cocoa sector is successful at boosting production during the coming years, it will not be deemed a sustainable expansion if the issue in the two major producing countries has not been satisfactorily addressed, writes Ben Cooper.

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

10 March 2014

This week Unilever was gain rumoured to be looking to sell a food brand - this time Ragu pasta sauces. UK group Premier Foods announced a new refinancing package, while in the US, a mega-merger in the retail sector is on the cards, after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal to buy Safeway.

US: Delhaize's Food Lion launches sustainable seafood policy

6 March 2014

US grocer Food Lion has launched what it termed an "industry-leading" sustainable seafood policy that encompasses fresh, frozen, canned and packaged seafood products.

Editor's Viewpoint: Obama and obesity

4 March 2014

Some may argue the Obama administration has done less on obesity than it set out to do but its work to tackle the problem while getting significant parts of the industry on board should be praised.

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

3 March 2014

Tesco this week outlined plans for a fresh offensive to try to revitalise UK sales. Meanwhile, The Co-operative Group, which has faced its own issues in recent months, announced it was considering the sale of its farm business as CEO Euan Sutherland looks to reshape the mutual. In the US, PepsiCo once again reiterated it is not keen on splitting the company in two, while Hershey, Mars and Nestle breathed a sigh of relief after the price-fixing case it was tied up in was kicked out of court. Here is the week in quotes.

UK: Fairtrade sales rise 14% in UK

24 February 2014

Fairtrade sales rose 14% in the UK during 2013 and consumer uptake continued to grow in the country, the UK's Fairtrade Foundation said.

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

24 February 2014

This week, the annual CAGNY investment conference took place in the US, with leading FMCG companies discussing their strategy and outlook for their businesses. One of those, PepsiCo, found itself in the spotlight again after activist investor Nelson Peltz called - not for the first time - for the group to split in two. Elsewhere, US beef jerky firm Jack Link's snapped up Unilever's meat snacks arm and Ian McLeod, the MD of Coles, said he would step down after a successful five years at Australia's number two grocer.

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

24 February 2014

The Consumer Analyst Group of New York annual conference was held in Florida this week and, as ever, produced some notable comments as the great and the good of the US food sector detailed - and sometimes defended - their strategies. Danone issued its full-year numbers and shed some light on how it plans to mitigate surging dairy prices in 2014. Meanwhile, Wal-Mart - the world's largest retailer - offered a sober assessment on the outlook for consumer sentiment in the coming year. Here is just-food's week in words.

Sustainability Watch: Trust and the triple bottom line

20 February 2014

Reflecting their growing significance to businesses across all sectors, issues around sustainability, climate change, food security and the like are now much discussed at the World Economic Forum's (WEF) annual get-together in Davos. Ben Cooper reports.

BELGIUM: Delhaize commits to palm oil traceability aims

18 February 2014

Belgian retailer Delhaize Group has announced its commitment to a "no deforestation policy" as part of a move towards sourcing fully traceable palm oil.

US: Kellogg commits to sourcing "traceable" palm oil

17 February 2014

Kellogg has pledged to work with palm oil suppliers to source fully traceable batches of the ingredient.

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

17 February 2014

Nestle and Mondelez International were among the major food manufacturers reporting 2013 results last week, although perhaps the most notable financial update was ConAgra Foods' second profit warning in five months. Elsewhere, there was speculation over the future ownership of UK grocer Morrisons and United Biscuits continued its international expansion with an investment in Nigeria.

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

10 February 2014

Wal-Mart, the world's largest retailer, caused a stir when it lowered its full-year forecasts this week due to pressure on US sales. Retail sales in the country have entered an upward trajectory and close competitor Target Corp has been hit by a data breach scandal - but Wal-Mart has apparently failed to capitalise. Likewise, Kellogg missed market expectations when it reported fourth-quarter numbers due to an accelerating decline in North American revenues. Here are the highlights from just-food this week.

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

10 February 2014

Sales growth at Hain Celestial fell slightly short of expectations, prompting the question of whether the natural and organic group is trying to run before it can walk. Elsewhere analysts picked up on Wal-Mart's failure to impress with its quarterly figures. Kellogg results also fell short and CEO John Bryant insisted the initial start-up costs of Project K will pay off in the long term.

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