As 2007 comes to a close, just-food looks back on the ten stories that registered the highest readership figures of the year. From Tesco’s entry into the US to the boardroom shake-up at Hershey, these stories proved the most popular over the last 12 months.
Go deeper with GlobalData
Consumer health and CSR dominate food industry agenda
What keeps food industry executives awake at night? As we go into 2007, health and nutrition has become the number one concern for those that run food manufacturers and retailers. However, the attention now given to social responsibility reflects a major shift in priorities. Being a good corporate citizen, and being recognised as such, has become a major preoccupation for the food industry worldwide, as Catherine Sleep reports.
Indian retail market set for growth as Wal-Mart makes move
Wal-Mart’s arrival in India underlines the interest being generated by the country’s emerging retail sector. But the US giant is not the only foreign company looking to capitalise on India’s burgeoning retail market, while local companies also see retail as a prime investment opportunity. Bhavna Rathore reports.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataUK: Takeover talk sends Sainsbury’s shares soaring
UK retailer Sainsbury’s saw its share price rocket this morning (2 February) as private equity investors revealed their interest in the company.
US: Tesco reveals plans for US entry
UK supermarket operator Tesco confirmed that it will enter the US market under the ‘Fresh & Easy Neighbourhood Market’ banner when it revealed its new logo at an event hosted by the Greater Phoenix Economic Council yesterday (7 February).
UK: Cadbury to divide drinks and confectionery business
Cadbury Schweppes revealed today (15 March) that it intends to separate its confectionery and Americas Beverages businesses. The board, Cadbury said, is currently evaluating the options for separation to maximise shareholder value.
UK: Tesco to probe “condom in sandwich” claims
Tesco is looking into reports that a condom was found inside a sandwich purchased at one of the retailer’s outlets in the UK.
Consumers face rising food bills as costs mount
Food producers are facing rising raw material costs, particularly for dairy ingredients and wheat, making food price inflation almost inevitable. But, writes Dean Best, in the midst of a continuing price war, supermarket retailers will only pass on cost increases to customers as a last resort, making a further squeeze on supplier margins also extremely likely.
UK: Tesco, Arla embroiled in dairy price-fixing row
UK retailers are this morning (20 September) facing claims that they colluded with dairy companies to hike up the price of milk, butter and cheese.
In the Spotlight – David West, Hershey
David West, the man set to become Hershey’s new chief executive, will be hoping life is sweet at the helm of the US confectionery giant.
US: Kraft sells Post cereals arm to Ralcorp
Kraft Foods has sold its Post cereals business to US private-label group Ralcorp Holdings in an all-stock deal worth US$2.6bn.
