Sugar again grabbed the headlines after the World Health Organization revised its guidance on how much of the ingredient to consume. Elsewhere, a US retailer with over 2,400 stores could be created after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal that looks set to see it buy Safeway Inc.
GLOBAL: Sugar intake “should be halved” – WHO
The level of sugar in people’s diets should be halved, according to fresh guidance from the World Health Organization.
US: Albertsons owner Cerberus to buy Safeway
US grocery giant Safeway Inc has agreed to a takeover bid from private-equity firm Cerberus Capital Management, the owner of chains including Albertsons, Acme and Jewel-Osco.
On the money: Premier CEO backs brands to drive category growth
Now Premier Foods plc has emerged from the shadow its its debt burden with a refinancing package that includes a “landmark” deal with its pension trustees, the UK food group plans to use its stable of brands in growth categories to drive top-line expansion.
Comment: More heavy lifting needed at Carrefour
It is clear Carrefour has made some improvement under the stewardship of CEO Georges Plassat but more work needs to be done, writes Dean Best.
Deal or no deal: Pinnacle touted amid Ragu rumours
Rumour has it Unilever is looking to sell its Ragu pasta sauce brand, and though the Anglo-Dutch firm has taken a vow of silence over the whole issue, just-food’s Hannah Abdulla weighs up a number of reasons why it could be looking to dispose of the brand.
On the money: Bullish Waitrose ready for battle
Upmarket UK grocer Waitrose has enjoyed another strong 12 months. Waitrose’s reputation for quality has resonated in a polarised market, while the retailer has kept its eye on price with schemes such as brand match scheme targeting Tesco. Waitrose expects another solid year as the economy improves and is prepared to roll up its sleeves should Tesco sharpen its pricing pencil. Dean Best reports.
Talking shop: Kroger mobile leadership takes loyalty to new level
Digital and mobile technology is shaping the way retailers interact with consumers as the communication of offers and promotions becomes ever more personalised and interactive. Kroger’s recent purchase of You Tech, a leading provider of digital couponing, demonstrates the group’s commitment to leveraging digital marketing to reach US shoppers. Katy Askew reports.
The just-food interview part two: Arla’s growth market strategy unfolds
Arla Foods is stepping up the pace of its investment programme in high-growth emerging markets. The company is capitalising on booming demand in areas such as Asia, Russia and the Middle East and Africa. Given the slow-to-no growth environment in European dairy the investment case behind Arla’s decision to look further afield is clear. But what impact will this have on the group’s margins? We caught up with CFO Frederik Lotz to find out more.
INDIA: Wal-Mart calls on India to open e-commerce to FDI
US retail giant Wal-Mart has called on the Indian government to relax regulations governing foreign direct investment in the e-commerce sector.
UK: Young’s Seafood CEO den Hollander steps down
Young’s Seafood CEO Leendert den Hollander has resigned, the UK-based seafood business said today (3 March).