Costco

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

Focus: Will synergies lift Ahold Delhaize in US?

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,...

Focus: Supply chain in dock over Thai seafood

Harrowing accounts of forced labour, torture and murder on board fishing boats providing feed for the massive Thai shrimp industry have shoc...


Katy Askew | 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.


Katy Askew | 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.


Dean Best | 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.


Michelle Russell | 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.

Latest Interviews

Dean Best | 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.


Dean Best | 31 Oct 2011

Canada-based natural and organic food group SunOpta supplies a number of the world's largest food makers and retailers with products from soy ingredients to private-label snack bars. The company is undergoing significant change and has decided to offload non-core assets and focus squarely on food. Dean Best met SunOpta COO Tony Tavares at international trade show Anuga in Germany to discuss the company's ambitions.

Latest News

Dean Best | 22 Jun 2017

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


Katy Askew | 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.


Dean Best | 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.


Dean Best | 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.


Katy Askew | 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.


Michelle Russell | 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.


Dean Best | 9 Oct 2013

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


Katy Askew | 6 Sep 2013

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


Michelle Russell | 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.


Dean Best | 12 Mar 2013

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


Michelle Russell | 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.


Michelle Russell | 12 Dec 2012

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


Dean Best | 11 Oct 2012

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


Michelle Russell | 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).


Dean Best | 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.


Michelle Russell | 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.


Katy Askew | 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.


Dean Best | 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.


Sam Webb | 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.


Sam Webb | 10 Oct 2011

Two of the UK's largest retailers, Tesco and Sainsbury's, gave an update on their trading this week and the former's new promotional campaign remained a talking point. Another subject of fierce debate was Denmark's new fat tax, which the country's food manufacturers have described as a "bureaucratic nightmare". Click on the links for more.


Dean Best | 10 Oct 2011

Tesco and Sainsbury's trading updates dominated the industry headlines here in the UK but, as the week came to a close, another profit warning from the country's largest food maker, Premier Foods plc, stunned the sector. Elsewhere, Hershey and Ferrero joined forces on logistics, while there was plenty of M&A talk, including a significant deal in the sugar sector.


Sam Webb | 5 Oct 2011

US warehouse retailer Costco has booked a rise in profits thanks to inflation in gasoline prices and strengthening foreign currencies.

Latest blogs

Dean Best | 24 Aug 2015

A lawsuit tabled in the US has brought fresh attention to the supply chain for prawns, which hit headlines around the world last year amid claims of slavery.


Katy Askew | 24 Jun 2015

Dutch supermarket operator Ahold and Belgium-based retailer Delhaize Group announced today (24 June) that a long-awaited merger has been finalised in a move these two European retail giants hope will improve their competitiveness across the pond

just-food homepage



Forgot your password?