Wal-Mart posted its second quarter results this week, and to the relief of many manufacturers it announced it is looking to return a number of products that were delisted as part of its Project Impact initiative. Meanwhile Pepsico announced that it will have spent US$400m between 2008-2013 in Vietnam as it looks to increase its manufacturing capacity, introduce more products and “strengthen” its existing brands.
Talking shop: Re-rationalising the rationalised assortment
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Manufacturers suffering after their brands have been delisted may see a silver lining as many North American grocers are finding they’ve been too brutal in their range rationalisation initiatives. Wal-Mart and Loblaw are but two who are now working to bring more products back onto their shelves.
US: PepsiCo eyes continued health and functional innovation
PepsiCo stands to benefit from “significant” investment in functional and healthy products, amid tightening restrictions on the marketing of ‘junk foods’ to children, the head of health policy at the company said.
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By GlobalDataUS food brands must learn to live with private label
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On the money: Wal-Mart in U-turn on Project Impact initiatives
Wal-Mart announced today (17 August) that it would be reversing a number of the changes it made as part of its “Project Impact” plan, which saw it reformat many of its US stores.
UK: Food inflation boosts UK grocery sales – Kantar
Food inflation pushed up UK grocery sales in the 12 weeks to 8 August, according to the latest data from analysts at Kantar Worldpanel.
US: Kraft seeks heat-proof chocolate wrappers
Kraft is seeking high-tech chocolate bar packaging that will prevent bars from melting.
UPDATE: VIETNAM: PepsiCo expansion takes spend to $400m in five years
US food and drinks giant PepsiCo said its latest investment in Vietnam will take its planned expenditure in the country to $400m between 2008 and 2013.
EUROPE: Netto plans expansion in Germany, Poland and Sweden
Discount retailer Netto is planning to expand in Germany, Poland and Sweden following the sale of its UK arm to Asda.
SOUTH AFRICA: Danisco buys dairy ingredients firm Research Solutions
Food ingredients giant Danisco has snapped up South African dairy ingredients business Research Solutions.
DENMARK: Dansk Supermarked sees consumption grow in H1
Supermarket group Dansk Supermarked posted a rise in income for the first half of 2010 due to an increase in consumption, with the largest growth in Sweden and Poland.
