The US food industry in 2020 – the megatrends to watch
Our columnist Victor Martino predicts the six megatrends which will have a marked impact on the US food industry in 2020.
Family Dollar Stores
Quote, unquote: just-food’s week in words
This week, Russia eased off on its Western import ban, announcing a list of products it would allow into the country. Elsewhere, the takeover battle for Chiquita Brands International took a new twist when juice maker Cutrale Group called on the produce giant's shareholders to vote against its planned merger with Fyffes. Meanwhile, German food giant Dr Oetker struck a deal to buy McCain Foods' North American pizza business.
Analysis: The opportunities for FMCG from Dollar Tree’s move for Family Dollar
Customer consolidation, of course, can present challenges and US grocery manufacturers, so keen to up their presence in dollar stores, may have frowned a little at news two dollar chains, Dollar Tree and Family Dollar Stores, are set to combine. However, the deal could give the savvy manufacturer an opportunity or two.
US: Family Dollar to close 370 stores
US discounter Family Dollar Stores has announced plans to cut jobs and close around 370 under-performing outlets.
Editor’s choice: the highlights on just-food last week
Dairy led the headlines in our sector this week. Danone is to sue Fonterra over last year's botulism contamination saga, French dairy giant Lactalis has entered India with the acquisition of local firm Tirumala Milk Products and Saputo has told Warrnambool Cheese and Butter Factory's investors its offer for the Australian dairy processor is final.
US: Family Dollar warns on profits, COO to exit
US discount retailer Family Dollar Stores announced a management shake-up yesterday (9 January) after it unveiled a drop in first-quarter earnings and lowered its guidance for the year. In the…
On the move: the challenge of revitalising Wal-Mart
One Wal-Mart executive replaces another to become CEO. It would be easy to conclude the world's largest retailer has opted for continuity in naming Doug McMillon as the successor to…
US: Family Dollar sales flat, outlook cautious
Shares in Family Dollar Stores fell today (9 October) after the US discounter reported flat underlying sales. Family Dollar's stock was down more than 2% following fourth-quarter results that included…
US: Family Dollar profit slides, beat estimates
US discount retailer Family Dollar Stores has recorded a drop in third-quarter earnings but said sales and profits came in at the upper end of its guidance. In the three…
US: Family Dollar lowers FY profit forecast
US discount retailer Family Dollar Stores has lowered its full-year earnings forecast despite booking an increase in first-half profits. In the six months ended 2 March, net profit increased 1.7%…
US: Margin pressure hits Family Dollar Q1 profit
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the…
