Here is a round-up of this week’s top read stories. Please click on the links provided to find out more.
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US: Exports vital for US meat industry, says report
The US meat industry should continue to pursue growth overseas, according to a report on the outlook for the North American food industry this year. Beef, pork and poultry processors in the US are becoming ‘increasingly reliant’ on overseas markets but the benefits of export growth ‘far outweigh’ the risks, industry watchers Rabobank said.
UK/UAE: Waitrose makes move overseas
The first overseas Waitrose store will open in three months after the upmarket UK grocer agreed a deal with Middle East retailer Spinneys. Waitrose has agreed to license its name to Spinneys, which will use the banner for the first time in April in Dubai.
GLOBAL: UK “most addicted” to fast food, says study
The UK is the country most ‘addicted’ to fast food, according to a study published this week. A survey of 9,000 people from 13 countries found the US closely followed the UK in its love for fast food, according to market research firm Synovate.
IRELAND: Fyffes foray into US winter melon
Fyffes has made a foray into the US winter melon business with the acquisition of a 60% stake in a Florida-based firm and a number of firms in Hondura and Guatemala. The Irish-based fresh produce group has bought a stake in Florida’s Sol Group Marketing Co. Fyffes has also secured the right to ship the fruit imported by Sol Group Marketing from Honduras and Guatemala.
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By GlobalDataCHINA: Chocolate maker Lindt to go slow in China
Upmarket chocolate maker Lindt & Spruengli has denied reports in China that it is looking to establish a manufacturing presence in the country. The Swiss firm told just-food it would focus on its strategy of serving major Chinese cities, including Shanghai and Beijing, from its distribution office in Hong Kong.
