Mizkan

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Editor's choice: the highlights on just-food last week

18 Jun 2012

Tesco and Sainsbury's reported first-quarter trading updates this week and both UK retailers faced questions over their prospects for the rest of the year. US meat giant Smithfield Foods also faced analysts after it posted its full-year results, with CEO Larry Pope arguing Wall Street does not value the company highly enough. Elsewhere, Arla announced a tie-up in China, PepsiCo made Mexico the first market for its global dips venture and UK firm Premier Foods plc offloaded another of its businesses.

Quote, unquote: just-food's week in words

18 Jun 2012

In the UK, the increasing level of couponing in retail set the industry talking this week as Tesco CEO Philip Clarke noted the step-up in this type of promotion, while industry analysts gave their views on this growing trend. Elsewhere, Smithfield Foods CEO Larry Pope insisted the group is under-valued after shares in the meat firm fell more than 7% after fourth-quarter results that failed to meet analyst expectations.

UK: Premier sells vinegar, sour pickles unit to Mizkan

15 Jun 2012

Premier Foods plc has sold its vinegar and sour pickles business, including the Sarson's and Haywards brands, to Japanese food group Mizkan.

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