Blog: UK grocers battle the big chill
Dean Best | 20 December 2010
The 24-hour news channels here in the UK are talking about one thing - the weather - and the impact the snow, ice and plunging temperatures are having on what they call "Frozen Britain".
As we enter Christmas, retailers will no doubt be looking at till rolls with furrowed brows. According to data from retail researchers Synovate, footfall across the UK on Saturday was down almost a quarter on the same day last year.
The UK grocers just-food spoke to today insisted they were "performing well" despite the poor weather, although Tesco admitted it was "running a little bit behind schedule".
Nevertheless, Christmas shoppers do tend to buy a significant portion - around 20% - on impulse at this time of year and retailers and manufacturers across food and non-food will be hoping the bad weather will end as soon as possible.
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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