just-food was at the CIES World Food Business Summit this week where many of this week’s most-read stories emanated from. Elsewhere, we have seen IT problems for Sainsbury’s and the latest updates on Tesco’s foray into the US.
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QUOTE, UNQUOTE: CIES World Food Business Summit 2008, Munich
Dean Best reports on the latest happenings at the CIES World Food Summit, where the food sector’s leading figures have met to discuss the issues affecting the global industry. Read on to discover what has been said…
GERMANY: Danone urges industry to act on sustainability
The fear of failure should not prevent business from embarking on sustainability projects, the chairman and CEO of French food giant Danone said today (19 June).
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By GlobalDataSWITZ: Nestlé sees emerging markets as “integral” to growth
Swiss food giant Nestlé has said that moving into emerging markets is “integral” to its long-term growth strategy.
UK: Sainsbury’s online shop goes down
A technical glitch at Sainsbury’s online shop meant that the retailer has been unable to process tens of thousands of orders.
GERMANY: Discounters “at a crossroads” – Accenture
Germany’s discounters, the dominant force in the country’s food retail sector, are “at a crossroads” and must adapt to ensure they can continue to grow sales in the future, industry watchers said
UK: “One fifth” of M&S shareholders to oppose Rose
About 20% of Marks & Spencer shareholders are expected to vote against the promotion of CEO Sir Stuart Rose to chairman at the company’s upcoming AGM.
The just-food interview – Hugo Kane, IAWS
With food firms of all sizes feeling the pinch from commodity prices, it would be easy to see the merger between bakery groups IAWS and Hiestand as a way of better absorbing rising costs. However, in this month’s just-food interview, IAWS chief operating officer Hugo Kane tells Dean Best that the deal is more about growing two successful businesses.
SWITZ: Nestlé sees high prices continuing
Swiss food giant Nestlé has said that high food prices are here to stay.
US: Fresh & Easy “no plans” to move beyond West Coast
Tesco has indicated that it currently has “no plans” to extend its Fresh & Easy convenience store format beyond its West Coast base.
US: Tesco streamlines Fresh & Easy distribution
Fresh & Easy, Tesco’s US store chain, has said that it has streamlined its distribution model to reduce direct store deliveries, saving money on fuel and allowing it to pass on savings to customers.
