29 March 2003

The Grocer

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  • ACS forecourt spotlight Subscription

    04 Apr 2003

    A new forum has been set up by the Association of Convenience Stores to discuss issues relating to members involved in forecourts.The Forecourt Forum, chaired by c-store and forecourt operator Snax 24 MD Bill Ahearn, will meet three or four...

  • Danone ups stake in Yakult Subscription

    04 Apr 2003

    French food group Danone has increased its stake in the Japanese dairy company Yakult Honsha.Yakult Honsha has a 10% share of the Japanese non-alcoholic drinks market on the back of its flagship functional yogurt drink Yakult.Danone...

  • FSA to focus on dietary health Subscription

    04 Apr 2003

    The Food Standards Agency is to work more closely with the food industry to re-formulate processed foods to reduce their salt content as it increases its focus on diet and health.FSA chairman Sir John Krebs said in the short term the FSA...

  • Kraft sells European rice unit Subscription

    04 Apr 2003

    Kraft Foods has sold its retail rice business in German, Denmark and Austria to the Spanish group Ebro Puleva for an undisclosed sum.The deal includes the reis-fit brand marketed in Germany and Austria and ris-fix sold in Denmark, with a...

  • Nestlé wary of currency rates Subscription

    04 Apr 2003

    Nestlé chairman Rainer Gut said the Swiss food group had progressed “in all essential areas” but that it faced “an unfavourable environment, especially in the currency sector".Gut noted that the maker of Nescafé coffee and Kitkat chocolate...

  • Sainsbury flies to 500 Subscription

    04 Apr 2003

    Sainsbury’s has opened its 500th store at the Bluebird Gastrodome on London’s King’s Road. Branded Sainsbury’s Market at Bluebird, the 10,000 sq ft store features over 650 new lines with a strong emphasis on premium and seasonal...

  • Squeezing the market for more Subscription

    04 Apr 2003

    It may be a mature market but there is plenty of life left in fruit juice yet – as consumers, it seems, just can’t satisfy their thirst.Taylor Nelson Sofres measures the take home market at £479m, up 6% on last year, while ACNielsen’s...

  • Ahold to exit Latin America Subscription

    03 Apr 2003

    Troubled global retailer Ahold is to sell its operations in four South American countries to focus on stable markets and gather funds to reduce its debt.The Dutch group has been embroiled in financial accounting scandals in the US and...

  • Asda goes for cover Subscription

    03 Apr 2003

    Asda has joined forces with insurance group Norwich Union to provide a new range of general insurance products to its customers.The supermarket also confirmed it is considering a move into other financial services such as credit cards and...

  • BT lowers cost of broadband Subscription

    03 Apr 2003

    Small businesses could reduce the cost of their broadband high speed internet connection by more than 50% from next month.BT has unveiled plans to cut the price of its main broadband service to businesses from £40 to £18 per month from May...

  • CCE pours £56m into UK portfolio Subscription

    03 Apr 2003

    Coca-Cola Enterprises is throwing £56m behind its UK portfolio this year with activity focusing on its key consumers – teenagers, young adults and families.A £5m launchpad for new Vanilla variants of Coke and Diet Coke tops the soft drinks...

  • CCE volumes up Subscription

    03 Apr 2003

    Coca-Cola Enterprises, the world's largest bottler of Coke, said unit case volumes had increased by about 2.5% in the three months to the end of March.In North America volumes grew by about 1.5% and by 5.5% in Europe. CCE said...

  • EC fines French beef producers Subscription

    03 Apr 2003

    French beef producers have been fined 17m euros by the European Commission for fixing meat prices in the wake of Europe's mad cow disease crisis in 2001.Europe’s competition commissioner Mario Monti said the fine reflected the serious nature...

  • Fleming bridges debt Subscription

    03 Apr 2003

    Bankrupt grocery distributor Fleming has secured $50m of interim funds as a bridging loan until a further $150m of debtor-in-possession (DIP) financing is found.DIP is subject to approval of the bankruptcy court and is special financing to...

  • Foster’s add to wine portfolio Subscription

    03 Apr 2003

    The Beringer Blass wine division of the Foster's Group has bought Australian wine producer T’Gallant Winemakers for an undisclosed price.The producer of premium wines such as Pinot Gris, Pinot Noir and Chardonnay – T’Gallant had annual sales...

  • Geest acquires French group Subscription

    03 Apr 2003

    Geest has bought the Genevieve Langlais group of companies which produce prepared leaf salads and convenience salads in France.The deal will cost 19m euros plus 7m euros of debt and will make Geest one of the three largest producers of...

  • Nescafé gets domestic Subscription

    03 Apr 2003

    Nescafé is rolling out a £3.5m press campaign for its speciality coffee range and introducing Caramel, Hazelnut, Vanilla and Cappuccino Decaffeinated variants. Kicking off on Thursday (April 3), the ads will appear in key women's magazines and...

  • Nescafé gets domestic Subscription

    03 Apr 2003

    Nescafé is rolling out a £3.5m press campaign for its speciality coffee range and introducing Caramel, Hazelnut, Vanilla and Cappuccino Decaffeinated variants.Kicking off today, the ads will appear in key women’s magazines and will target...

  • Ahold’s Santa Isabel fails to meet deadline Subscription

    02 Apr 2003

    Chilean regulators have suspended stock trading in supermarket chain Santa Isabel owned by global retailer Ahold.Santa Isabel failed to post its 2002 earnings by Monday’s deadline the bourse said. The Dutch group is already...

  • Self-scan software on sale in US Subscription

    03 Apr 2003

    Software originally developed to help handicapped people with their grocery shopping is now commercially available Stateside.The Grocereasy programme from Network and Software Solutions enables any grocery store in the US to provide...

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