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Katie Smith

MEXICO: Costs, late Easter weigh on Walmex profits

23 April 2014 | Katie Smith

Retailer Wal-Mart de Mexico, known locally as Walmex, has blamed higher expenses and a shift in the timing of Easter for a 4.5% drop in first-quarter profits.... read more


INDIA: Q3 sales jump at Reliance Retail

20 January 2014 | Katie Smith

Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has recorded a 38% jump in third-quarter turnover.... read more


INDIA: Wal-Mart, Bharti to go it alone in India

9 October 2013 | Katie Smith

Wal-Mart Stores is to buy out Indian venture partner Bharti Enterprises, ending the speculation over the future of the business.... read more


Interview: Raisio targets emerging markets in Benecol push

4 September 2013 | Katie Smith

Finnish food group Raisio is looking to expand the presence of its Benecol brand in emerging markets, with South America and Asia at the forefront. The company today (4 September) launched its Benecol yoghurt drinks in Hong Kong. Katie Smith spoke to Mikko Laavainen, vice president of Raisio's licensed brands, who outlined the group's mid- to long-term growth strategy for the Benecol business.... read more


HONG KONG: Raisio launches Benecol yoghurt drinks in Hong Kong

4 September 2013 | Katie Smith

Finnish food group Raisio has today (4 September) launched its Benecol yoghurt drinks in Hong Kong, as part of efforts to expand in the BRIC countries.... read more


CHINA: Sun Art Retail looks online for further growth

16 August 2013 | Katie Smith

Chinese retail giant Sun Art Retail Group is to launch a home delivery service in the fourth quarter, as part of efforts to capture further growth in the world's biggest food and grocery market.... read more


INDIA: Reliance Retail Q1 sales up

22 July 2013 | Katie Smith

Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has reported "strong" first-quarter sales growth. ... read more


INDIA: Finance costs hit Q4 profits at retailer Pantaloon

13 August 2012 | Katie Smith

Pantaloon Retail, India's largest retailer, has posted a 79% fall in fourth-quarter profits despite booking a rise in sales.... read more


What the analysts say – The verdict on Nestle's H1

9 August 2012 | Katie Smith

Nestle, the world's largest food manufacturer, today (9 August) reaffirmed its full-year profit guidance after posting an 8.9% jump in net profit and a 7.5% increase in sales. On the whole, analysts remained equally positive about the results, which they said, remained in-line with expectations.... read more


ASIA: Profits at retailer Dairy Farm up on acquistions

27 July 2012 | Katie Smith

Pan-Asian retailer Dairy Farm International Holdings has posted a rise in half-year profits, boosted by recent acquisitions and new store openings.... read more


MEXICO: Bachoco posts rise in H1 profit

27 July 2012 | Katie Smith

Mexican poultry processor Industrias Bachoco saw its half-year profits rise on the back of increased sales of chicken.... read more


SLOVENIA: Mercator appoints Balazic as CEO

18 May 2012 | Katie Smith

Slovenian retailer Mercator has appointed Toni Balažic as CEO, replacing Ziga Debeljak, who resigned in March amid disagreement with the owners of the company.... read more


GERMANY: Metro, Auchan coy over "Real talks"

18 May 2012 | Katie Smith

Metro Group and Auchan have refused to be drawn on reports the two retailers are in talks over the German retail giant's Real hypermarkets in central and eastern Europe.... read more


UK: UK signs pork deal with China

18 May 2012 | Katie Smith

The UK government has today (18 May) announced a GBP50m (US$79m) deal to sell British pork to China, as part of wider plans to boost trade for British food and farming businesses.... read more


On the money: Hain points to US benefit of Irish deal

4 May 2012 | Katie Smith

Hain Celestial has said its acquisition of Irish food firm Cully & Sully will help it roll out chilled products in the US.... read more


RUSSIA: Lidl exec Mros joins X5 Retail

4 May 2012 | Katie Smith

X5 Retail Group has appointed Lidl executive Frank Michael Mros as director of the company's soft discount stores.... read more


UK: Perfection Foods plans to open distribution plant

21 December 2011 | Katie Smith

UK baker Perfection Foods has confirmed that it plans to open a new distribution centre to serve its expansion in the BRIC markets.... read more


Quote, unquote: just-food's week in words

19 December 2011 | Katie Smith

This week, Swedish confectionery companies Cloetta and Leaf International revealed plans to merge. Elsewhere, Carrefour announced plans to buy its French retail franchise partner Guyenne et Gascogne and on this side of the Channel, Premier Foods sold off another division, this time in Ireland to The Boyne Valley Group.... read more


CHINA: Zhongpin starts trial production at two sites

16 December 2011 | Katie Smith

Chinese meat processor Zhongpin has today (16 December) started trial production at two of its chilled and frozen pork products plants in China.... read more


INDIA: McCain Foods appoints Mittal as MD for India

14 December 2011 | Katie Smith

McCain Foods' Indian arm has appointed Vikas Mittal as its managing director.... read more


Quote, unquote: just-food's week in words

12 December 2011 | Katie Smith

India hit the industry headlines again this week after the country's government decided to suspend its plans to allow more foreign investment into the local retail sector. Meanwhile, here in the UK, Premier Foods plc, the country's largest food maker, continued its restructuring with the sale of its Brookes Avana division, while Kraft Foods announced plans to revamp its UK manufacturing network leading to a loss of 200 jobs at its Cadbury arm.... read more


S AFRICA: Unilever opens plant in South Africa

9 December 2011 | Katie Smith

Unilever has today (9 December) opened its fifth manufacturing plant in South Africa, in a bid to drive growth in the emerging market.... read more


CHINA: Danone halts yoghurt production at Shanghai plant

9 December 2011 | Katie Smith

French dairy giant Danone has confirmed that it has suspended yoghurt production at its Shanghai plant in China.... read more


UK: Tesco Asia chief Potts to retire

6 December 2011 | Katie Smith

David Potts, the CEO of Tesco's operations in Asia, will leave the UK retailer next year.... read more


UK: Tyrrells enters Chinese market

5 December 2011 | Katie Smith

UK crisp manufacturer Tyrrells has today (5 December) confirmed that it will start selling products in China in the New Year.... read more


ALBANIA: Carrefour opens first hypermarket in Albania

29 November 2011 | Katie Smith

Carrefour has today (29 November) confirmed that it has opened its first hypermarket in Albania.... read more


INDIA: Carrefour opens second cash-&-carry store in India

29 November 2011 | Katie Smith

Carrefour has opened a second cash-&-carry store in India.... read more


LITHUANIA: Lidl eyes expansion in Lithuania

28 November 2011 | Katie Smith

Discount grocery retailer Lidl is looking to expand into Lithuania and is considering "various opportunities" in the country.... read more


BRAZIL: Nestle opens milk factory

22 November 2011 | Katie Smith

Nestle has today (22 November) opened a milk factory in Brazil, creating 1,000 jobs.... read more


Quote, unquote: just-food's week in words

21 November 2011 | Katie Smith

There was increasing speculation over the future strategies of PepsiCo and Unilever this week, with talk the structure of the two companies could change. HJ Heinz, meanwhile, is undergoing its own period of change and announced plans to close three more factories.... read more


INDIA: Metro Group to accelerate expansion in India

18 November 2011 | Katie Smith

Metro Group has confirmed that it will accelerate expansion of its cash-and-carry network in India by opening up to ten more stores.... read more


RUSSIA: Danone-Unimilk expands dairy factory

17 November 2011 | Katie Smith

Danone-Unimilk, the Russia arm of the French dairy giant Danone, is set to expand production at one of its plants to meet the growing demand for dairy products in the south of the country.... read more


BRAZIL: PepsiCo buys biscuit manufacturer Mabel

10 November 2011 | Katie Smith

PepsiCo has today (10 November) confirmed that it has acquired Brazilian biscuit manufacturer Mabel.... read more


ANGOLA: Nestle invests in Angola

10 November 2011 | Katie Smith

Nestle has today (10 November) announced that is has started building its first factory in Angola.... read more


Quote, unquote: just-food's week in words

7 November 2011 | Katie Smith

This week, food giants continued to post third-quarter results including German retailer Metro Group and food manufacturer Kraft Foods. Meanwhile, B&G Foods snapped up four food brands from Unilever. However, Diamond Foods' acquisition of Proctor & Gamble's brand Pringles has been delayed six months due to an investigation.... read more


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