Blog: Food a sticking spot in European sales "rebound"
Katy Askew | 10 January 2013
Following three straight months of decline, European retail sales picked up slightly in November. However, as Christmas approached, food remained a soft spot.
According to the latest figures from Eurostat, month-on-month sales in the euro area rose by 0.1%. But before we start hailing the beginnings of an upturn in Europe, it must be remembered that this month-on-month rise seems a natural trend given the approach of Christmas. Year-on-year, the figure is far less encouraging as euro zone sales were down 2.6%
For our industry, the numbers are more gloomy still. Food, drink and tocacco sales were down 0.3% month-on-month and 2.1% year-on-year. Countries that saw the biggest declines were - unsurprisingly - Spain, Slovenia, Bulgaria and Portugal.
With the euro zone struggling on, how do you expect your business fair over the coming 12 months? Do you expect to see an up-tick in economic activity on the continent? Share your views in our 2013 confidence survey. The results will be presented in a webinar in February.
To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....
Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....
A year after union officials alleged Fyffes abused workers on plantations in Central America - and called on the produce giant to be kicked out of the Ethical Trading Initiative forum - the company is...
Much of the chatter about where 3G Capital could look next has centred on packaged food - but might the private-equity fund be about to extend its foodservice empire?...
- US food next wave on display at Winter Fancy Food
- Does Kraft Heinz want to swallow Unilever whole?
- How General Mills plans to grow - CAGNY
- Comment: Meal kits in US - don't believe the hype
- Focus: Nestle CEO plan to balance sales, earnings
- Unilever launches operational review
- Kraft Heinz pulls Unilever bid
- Kerry operating earnings strengthen on slow sales
- Glanbia focuses on nutrition with Irish dairy spin
- Kerry's Scanlon to replace McCarthy as CEO