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UK: Heinz launches HP Hot Sauces

11 Mar 2009

HJ Heinz is looking to extend its range of HP sauces into the BBQ and hot sauce categories in the UK with the launch of HP Hot Sauces.

MALTA: EU OKs 0% VAT on food

11 Mar 2009

Malta has been given indefinite permission by the EU Council of Ministers to continue levying zero-percent VAT on food products.

UK: Dr Oetker launches dessert range

11 Mar 2009

German food group Dr Oetker is launching a range of "premium" dessert mixes and "no bake" clusters mixes in a bid to grow its leadership of the UK home baking market.

AUS: Metcash eyes acquisitions, private-label growth

11 Mar 2009

Australian grocery wholesaler Metcash is on the look-out for acquisitions while plans to beef up its private-label offering are progressing.

SLOVENIA: Mercator sale “cut to 25% stake”

11 Mar 2009

The two shareholders in Slovenian retailer Mercator who put their holdings on the block last December are reportedly now only willing to sell a 25% stake in the company.

US: Own-label sales help drive Kroger profits

10 Mar 2009

US retail giant Kroger today (10 March) booked an 8% rise in fourth-quarter profits and said its own-label products had offered “real value” to consumers.

IFE: Industry looks to innovation for new lease of life

10 Mar 2009

The concept of innovation is so commonplace in the food and drink sectors that there is a danger that it has crept into the realms of cliché. However, this week in London, the biennial global food and drink event IFE returns and is promising to focus squarely on innovation – and its enduring importance even in times of economic malaise.

UPDATE: US: Safeway eyes private-label expansion

10 Mar 2009

US retailer Safeway has indicated that it is likely to roll out more private-label products in a bid to woo cash-conscious consumers.

IRELAND: Fyffes profits sink on costs, investments

10 Mar 2009

Irish fruit distributor Fyffes revealed today (10 March) that full-year profits plummeted due to a loss from a property investment and increased costs.

IRAN: Carrefour cools Iranian entry talk

10 Mar 2009

Carrefour today (10 March) moved to cool talk that it is preparing to open its first store in Iran.

SWITZ: Aryzta boosted by US units

10 Mar 2009

Aryzta has posted a 15% jump in first-half profits, boosted by sales and profits growth at its North American businesses.

UK: Innocent casts net for bidders

10 Mar 2009

UK food and beverage group Innocent has said it is scouting for potential bidders for a minority stake in its company.

UK: Lees places Patisserie UK in administration

10 Mar 2009

Lees Foods has placed its loss-making subsidiary Patisserie UK into administration after failing to find a buyer for the business.

JAPAN: Seven & I expands discount banner

10 Mar 2009

Seven & I Holdings Co. has confirmed plans to convert 20 of its Ito-Yokado supermarkets to the new The Price discount supermarket format by the end of 2009.

US: Safeway launches own-label seafood line

10 Mar 2009

US retailer Safeway has launched a line of own-label frozen seafood products, called Waterfront Bistro.

INDONESIA: Melamine found in Yake chocolates

10 Mar 2009

Indonesia's Food and Drug Monitoring Agency (BPOM) said that a number of snack products have been confirmed to be contaminated with melamine, according to reports.

CZECH: Food watchdog recalls Ahold peanuts

10 Mar 2009

The Czech Agriculture and Food Inspection Authority (CAFIA) has detected excessive amounts of melamine in coated peanuts produced by Menken Orland for Dutch retailer Ahold.

MEXICO: Imperial Sugar expands reach with JV

10 Mar 2009

Imperial Sugar Co.’s Mexican joint venture, Comercializadora Santos Imperial (CSI), has struck a sales and marketing deal with Grupo La Margarita, a division of Empresas Machado.

IFE: Exhibitor news - French, Swiss promo push

10 Mar 2009

French and Swiss food makers are set to be among those looking to beef up their presence in the UK at next week's IFE exhibition in London's Docklands.

US: Bruno's makes filing to preserve jobs

10 Mar 2009

Bruno’s Supermarkets has filed a motion with a US bankruptcy court asking for clearance from parts of its union contract, as the company pursues a restructuring that could include the sale of some stores.

US: Tyson secures US$1bn credit facility

10 Mar 2009

Tyson Foods, the US meat giant, has entered into a US$1bn credit facility with JPMorgan Chase Bank in order to pay down some of the company’s debt.

US: Ex-P&G exec joins Gen Mills board

10 Mar 2009

General Mills has appointed Kerry Clark to its board of directors.

US: Wal-Mart names Sam's Club chief

10 Mar 2009

Wal-Mart has appointed Brian Cornell as president and CEO of Sam's Club, the company's members-only warehouse operating division.

US: PepsiCo rebrands Quaker

9 Mar 2009

PepsiCo will rebrand its breakfast and snack subsidiary Quaker Oats Co. in order to reposition the business and highlight the health benefits of eating its key ingredient – wholegrain oats.

FRANCE: Lactalis chief Leonard to step down

9 Mar 2009

Lactalis chairman Michel Leonard has confirmed that he will step down from his post at the end of the year.

UPDATE: S AFRICA: AVI plays down prospect of sale

9 Mar 2009

South African food group AVI has played down reports that it is open to takeover bids after the failure of Tiger Brands’ approach last week.

Russia's grocers can withstand economic slump

9 Mar 2009

Russia's economy, buoyed in recent years by the country's vast natural resources, kicked off 2009 with something of a whimper. Nevertheless, there is the feeling that Russia's food retail sector could provide a beacon of hope in a tough wider global food market in 2009.

S AFRICA: Pricing drives AVI H1

9 Mar 2009

South Africa’s second-largest food company, AVI, posted a 19% jump in profits from continuing operations during its first half, as it reaped the benefit from price rises.

INDIA: Godrej to spin off Nature’s Basket

9 Mar 2009

Indian consumer goods giant Godrej Group has confirmed plans to spin off its Nature’s Basket food retail business as a stand-alone entity.

BELGIUM: EDA asks for adequate criteria on nutrient profiles

9 Mar 2009

The European Dairy Association (EDA) said it is in support of the EFSA’s opinion to introduce separate categories for natural products and has asked for “adequate” criteria for setting nutrient profiles.

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