All news articles – Page 3331
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Growing potential
India has the world's second-largest population. In 2006, it reached 1.1 billion. It also has the youngest population, with half under the age of 25 By 2015, 90 million households - or 450 million people - will be earning at least £1,000...
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Issue of waste lands on industry's plate
The IGD's waste report, published last week, showed just what a nation of wasters we are. More than 27 million tonnes of domestic rubbish were sent to landfill in the past year, almost 20% of which was food waste, it said. Consumers are...
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Wholesalers say... profit margins remain tight
Our concerns mainly relate to the branded market, where the multiples continue to apply extreme pressure. A wholesaler needs to provide two margins - one for itself and one for the...
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Reader Survey
The overwhelming majority of wholesalers are concerned by the tight profit margins available to the trade and, despite a slight improvement experienced by the companies that make up this year's Big 30.
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Sheese is ready to woo supermarkets
Family-run business Bute Island Foods is targeting supermarkets with its dairy-free cheeses following successful sales through health food stores. The Sheese brand, which got a huge publicity boost when it was brought into the recent...
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Wholesaler Profile - Brakes
Depots: 82Turnover: £1.63bnSales growth year-on-year: 3.9%Type of operation: FoodserviceThe UK’s biggest foodservice provider, Brakes Group, is being touted around town by its US-based private equity owners Clayton, Dubilier &...
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Nestlé acquires Gerber
Nestlé has acquired US baby food brand Gerber from Swiss pharmaceutical company Novartis for $5.5bn (£2.78bn).Nestlé has been linked to the Gerber brand for a number of months. The deal will make the group the leader in the US baby food...
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Hilton Food Group eyes flotation
Meat processing and packaging company Hilton Food Group could be planning to list on the stock exchange for up to £110m next month.The firm, which packs half of Tesco's beef and lamb, is planning the flotation to fund expansion, with plans...
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M&S pioneers packs that cut waste by 10%
Marks & Spencer will be the first grocery chain to adopt new pack sealing technology that can cut packaging waste by 10%. The Integrity Seal will be used for M&S's entire salad range and is expected to be on products in-store by the end...
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In the can - 7th April 2007
Tomatoes Italian tomato growers will be paid 20% more for their tomatoes than last year after negotiating an increase with the processors. Growers said they needed 25% more to make up for the fall in the EU tomato subsidy, which is down from €34.50...
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Price Survey - 7th April 2007
Asda has claimed the title of cheapest retailer for the 11th time this year and the eighth week in a row in The Grocer 33 pricing survey this week - despite a complete overhaul of the list of 33 items shopped. It produced a £44.16 basket by...
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Rejected 31% profit margin 'proves the waterbed effect'
A confectionery supplier has hit out at the supermarket chains after Morrisons rejected one of its products because the 31% profit margin it offered the retailer was considered too low.Roy Willett, MD of manufacturing wholesale...
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"Tesco's announcement that it would pay farmers up to an extra 5p a litre was a PR masterstroke"
As our Weigh It Up! campaign hit a new high point this week, with a pledge by the Conservative Party to back our calls for a review of the Nutrient Profiling Model, I thought I ought to talk about something else for a change. So let's look at ...
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Farmer exodus set to cut milk output by 7%
Milk production will plummet by 900 million litres in the next two years if the results of a study into farmers' intentions are to be believed.The MDC's annual intentions survey found 16% of dairy farmers intended to quit milk...
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acid test - Heaven chocolate & Marvel heros fruit bars
Expert's verdict:5/10 ?The chocolate tasted okay but it's one for the girls. It's very gooey and melts in the mouth, which may appeal to some, but wasn't really to my taste. It's quite a high price point for what you get and the packaging doesn't...
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United: merger would spark acquisition drive
Peter Marks, chief executive of United Co-operatives, has promised a ramped-up acquisition programme if United merges with the Co-operative Group. ?Marks, ?who will become chief executive of the enlarged society if the deal goes...
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Somerfield takes action to boost flagging stock levels
Somerfield is overhauling its supply chain and in-store procedures in a bid to revive its flagging availability levels. Last month the retailer, which is the subject of takeover speculation, had an availability rating of just 93.8% having...
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The Challenge - Attracting adults to the milk category
The soft drinks category is full of 'me too' brands all competing with slightly different USPs, but For Goodness Shakes! stands alone as being the only milk-based sports drink for men. The company's main rivals - Yop, Frijj, Yazoo and Nesquik - all...
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Tesco clothes supremo rejects M&S approach
Tesco's clothing boss Terry Green has rejected a lucrative job offer with Marks & Spencer. The style guru, who is responsible for the soaring success of the supermarket's fashion business, had been approached by M&S chief executive...
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'Flawed' local definition needs to go, says Tesco - The SSNIP approach
Tesco says that the SSNIP test - which stands for small but significant non-transitory increase in price - should be applied to a wider market than it is at present. Sometimes referred to as the hypothetical monopolist test, SSNIP can be used to ask...