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Covid-19 food industry updates – Friday 18 September (free to read)

18 Sep 2020

just-food is providing daily updates on how the Covid-19 pandemic is affecting the world's packaged food sector.

Cracking China - tapping into UK food companies' experiences in the world's largest import market

13 Dec 2019

China remains a massive draw for food exporters. Andy Coyne sets the scene and rounds up the experiences of UK food businesses targeting the market.

Costco breaks ground on first US poultry plant

22 Jun 2017

US wholesaler Costco has started building its first poultry processing plant.

Focus: Will synergies lift Ahold Delhaize in US?

26 Jun 2015

The merger between European retailers Ahold and Delhaize is significant because it will allow the group's to scale up in the key US market, where the majority of revenue is generated. Announcing the deal, the companies said EUR500m (US$560m) in annual synergies are on the table. But these, as and of themselves, will do little to raise the combined group's lacklustre US growth trajectory. Katy Askew looks at the impact the merger will have in the US – and whether Ahold Delhaize will deliver on their promise to drive consumer-led innovation.

UK: Veetee Foods launches globally inspired rice range

19 Aug 2014

Rice group Veetee Foods is launching a new range of savoury rice in the UK this month, with flavours inspired by "popular cuisine" from around the world.

Focus: Thai seafood scandal puts food supply chains back in the dock

20 Jun 2014

Harrowing accounts of forced labour, torture and murder on board fishing boats providing feed for the massive Thai shrimp industry have shocked the public and given the global food industry tough questions to answer about its ability to ensure ethical standards in complex supply chains. Ben Cooper reports.

US: Online service Instacart enters Los Angeles

7 Apr 2014

US food delivery service Instacart has started doing business in Los Angeles, its seventh city since its launch in San Francisco in 2012.

AUS: Aldi defends position on industry code of conduct

12 Dec 2013

Aldi has indicated it does support the idea of a code of conduct overseeing dealings between retailers and manufacturers in Australia after facing criticism for not signing up to a recently-introduced agreement.

US: Costco Q1 sales rise 5%

5 Dec 2013

Costco booked a 5% increase in group sales for the first-quarter today (5 December), as the group was able to shrug off the impact of gasoline price deflation and foreign exchange headwinds.

US: Costco recalls rotisserie chicken over salmonella risk

14 Oct 2013

US wholesaler Costco has recalled nearly 40,000 pounds of rotisserie chicken products from a store in California due to a potential link with an outbreak of salmonella.

US: Wholesale giant Costco to enter Spain

9 Oct 2013

US wholesaler Costco plans to enter Spain next spring, its eighth overseas market.

In the spotlight: Albertson's LLC hungry for more after United Supermarkets buy

16 Sep 2013

Albertson's LLC has had a transformative year. The private-equity owned company is investing in trying to elevating its growth trajectory. A significant step in this direction was made when the group acquired the remaining Albertsons stores - and rights to the Albertsons name - from SuperValu, along with the Jewel-Osco, Acme, Shaw's and Star Market chains. Last week's acquisition of United Supermarkets builds on that foundation and comes as further evidence the firm, and its financial backers, are committed to driving growth through M&A. Katy Askew reports.

US: Costco FY sales gain

6 Sep 2013

Costco, the US club retailer, has posted a 6% increase in full-year sales.

On the money: Wal-Mart battling weak US traffic with fresh focus

16 Aug 2013

Wal-Mart Stores said that US customers are responding positively to its focus on fresh food, particularly produce, as it looks to reverse weak domestic traffic trends and declining comparable store sales.

Interview: Walkers Shortbread US arm targets year-round sales

12 Jul 2013

UK baker Walkers Shortbread generates over 40% of its sales outside its domestic market. The family-owned biscuit firm's largest export market is the US. Dean Best spoke to Steve Dawson, CEO of Walkers Shortbread's US arm, about the company's business across the Atlantic and plans for growth.

In the spotlight: Sobeys joy but questions for Safeway

14 Jun 2013

Canada's second-largest grocer Sobeys has swooped to buy the local business of US supermarket giant Safeway. Sobeys has paid a full price for Safeway's Canadian arm but, writes Dean Best, the market was broadly positive and agreed with the company's optimism. For Safeway, however, the sale does leave some questions.

Talking shop: Amazon's fresh step in fledgling US online grocery

13 Jun 2013

Amazon has made another stride in taking on US food retailers with the roll out of its fresh grocery business into the second most populous city in the US, Los Angeles. The move is sure to make other players in the market sit up and take notice but will it be enough to really shake up the US online grocery channel and give it the much needed boost it requires? Michelle Russell takes a look.

US: Costco Q3 profits up as sales climb

30 May 2013

US wholesale retailer Costco saw its earnings grow in the third quarter, boosted by an increase in revenue from higher membership fees.

NORTH AMERICA: Retail results round-up: Costco, Sobeys, Casey's

12 Mar 2013

In the US and Canada, retailers Costco, Casey's General Stores and Sobeys have reported quarterly results.

AUS: Woolworths criticises new M&A rules in Australia

12 Dec 2012

Talks between Woolworths and Australia's competition watchdog over the creation of a streamlined acquisition process have collapsed with the retailer arguing it should apply to all industry participants.

US: Costco Q1 profits climb

12 Dec 2012

US wholesale retailer Costco has booked an increase in profit in the first quarter of the year.

US: FY profits up at Costco

11 Oct 2012

Annual profits have increased at US wholesale retailer Costco on the back of higher sales at home and abroad.

MEXICO: Costco Wholesale buys out partner in Mexico JV

14 Jun 2012

US wholesaler Costco is to buy the remaining 50% stake in its Mexican unit from joint venture partner Controladora Comercial Mexicana (CMM).

In the spotlight - US private-label consolidation heats up

1 Jun 2012

Private label was slower to gain a foothold in the US compared with some European countries but the market has expanded in recent years and manufacturers are keen to jump on this wave through acquisitions, Michelle Russell reports.

Talking shop: City hails buoyant Booker's move for ailing Makro

31 May 2012

Parts of the City had called for Booker to buy Metro Group's UK arm Makro a year ago and, this week, the UK food wholesaler has announced a cash-and-shares takeover for the business. Analysts have welcomed the deal, even for a loss-making business, which also includes an ongoing "partnership" between Booker and Metro. Dean Best reports.

UPDATE: UK/GERMANY: Booker deal will strengthen Makro - Metro

30 May 2012

Metro Group said today (30 May) the sale of its Makro arm in the UK to local wholesaler Booker will make the loss-making business stronger.

US: Costco Q3 profits climb

24 May 2012

US warehouse retailer Costco recorded an increase in profits in its third quarter, boosted by sales from both its domestic and overseas division.

US: Costco sales jump on gas prices

1 Mar 2012

US warehouse retailer Costco has booked an increase in income for the first half of its financial year, with sales boosted by higher gas prices.

AUS: Costco outlines expansion plans

24 Feb 2012

US warehouse retailer Costco is planning to open two more stores in Australia in 2013 after sales beat its expectations since its first outlet opened in the country two years ago.

US: Costco Q1 profits up

8 Dec 2011

US warehouse retailer Costco today (8 December) announced a rise in first-quarter net income despite a US$12m settlement following a tax audit.


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