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CEO Ramon Laguarta said PepsiCo’s “hungry and thirsty for growth strategy” is paying dividends.
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The Scottish Retail Consortium has called the plans a “gimmick”, while The Scottish Grocers’ Federation warned of the knock-effect for small retailers.
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The US-based frozen foods and snacks producer said the investment “reinforces” its “growth strategy” and capacity in Mexico.
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The labelling rules are expected to become mandatory in up to two years' time.
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According to the authority, the aim was to prevent the same brands from being sold across multiple channels, limiting comparisons on products and prices.
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The meat cooperative’s intention is to gradually wind down production at its Aalborg plant in Østerbro and move operations to sites such as Vejle.
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Nestlé described the transfer of its holding to AnkerKraut founders as “based on a common understanding of Ankerkraut's future needs and positioning”.
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Markets have not reacted well to Conagra’s appointment of John Brase, the JM Smucker executive who lacks CEO experience in testing times.
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