Blog: Rainy summer hitting sales
Catherine Sleep | 8 September 2004
Another year, another wet British summer. Or so Somerfield would have us believe, although I don’t think it’s been that bad. And in any case, I never really understand why supermarkets have quite such a hard time as they say they do whenever it rains a bit more than usual.
I mean, I can see why ice-cream makers and their ilk are hard hit when the sun stays behind clouds, but surely summer-specific products are only a small part of a general supermarket’s range, and more to the point, if we’re not having BBQs, then surely we’re having supper inside, and therefore buying other foods from them instead?
It’s not like we stop eating. And we buy more umbrellas. And cocoa. So it’s not all bad news.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
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