Blog: Wal-Mart targets organics
Catherine Sleep | 9 March 2006
Wal-Mart may be eyeing the organic market but I reckon independent grocers, farmers' markets and the more touchy-feely multiples such as Whole Foods Market can relax.
For many people, buying organic food verges on an emotional experience. It's not just about pesticides, antibiotics or animal welfare. It's also about supporting local growers, food miles and spending money with small businesses.
The organic food these devotees see at Wal-Mart might bear the same certification, but buying it there will never give them the same warm glow that they get from shopping in a dedicated environment.
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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