All news articles – Page 3701
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Scottish & Newcastle invests in Kingfisher beer
Brewing company Scottish & Newcastle has been given approval to increase its stake in Indian brewer United Breweries from 26% to 37.5%, withy total costs amounting to $177m for the stake.Permission was granted for the purchase by the Indian...
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Salt in food is a growing concern for shoppers
Salt has overtaken the fear of food poisoning as the main concern for shoppers, according to a survey on behalf of he Food Standards Agency (FSA).In the survey, six out of 10 people questioned said they were worried about the amount of salt...
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IFE closes its doors
The food and drink exhibition IFE ended yesterday after four days of activity along with a total of 1,400 exhibitors.The new features at the show were popular with crowds, particularly the Chef @IFE theatres and the Future @IFE section....
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Iceland announces 400 job losses
Iceland, the supermarket chain recently acquired by Baugur as part of its purchase of the Big Food Group, is cutting a third of its workforce at its Deeside headquarters in Flintshire.The company, which employs 20,000 people across the UK,...
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M&S appoints new finance director
Marks & Spencer has appointed Ian Dyson as group finance director to replace Alison Reed, who leaves at the end of April.Dyson joins the company from The Rank Group, where he has been group finance director for five years.Stuart...
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Philip Morris to extend Indonesia market share
Philip Morris International, a division of Altria, the world’s largest tobacco group, has announced a $5.2bn ($£2.7bn) cash offer for Sampoerna, Indonesia’s third-largest cigarette maker.Philip Morris has just a 4% market share in Indonesia....
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Sainsbury appoints Shapland as chief financial officer
Sainsbury has moved quickly to appoint a new chief financial officer following analysts’ predictions that it would announce an appointment this week, as reported in TheGrocer.co.uk’s email alert this morning.The company has appointed Darren...
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Sudan 1 still being found overseas
Products contaminated by illegal dye Sudan 1 continue to be found overseas with cases now being reported in India, following reports last week of cases in Australia and China.However, media reports also indicate that Sudan 1 has been...
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Boots looses its finance director
The finance director of Boots, Howard Dodd, has quit just 10 days after the company announced its profits warning due to poor trading figures.Dodd has been with the company for three years and will leave in May.Boots said recently...
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Carrefour sells Mexican stores to Chedraui
Following on from reports last week that Carrefour had disposed of its Mexican and Japanese operations, the company has just announced it has sold 29 supermarkets plus two in construction in Mexico, to Mexican retailer Chedraui.Chedraui...
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Active Kids: runaway success for Sainsbury
More than half the UK’s primary and secondary schools have signed up to Sainsbury’s Active Kids campaign.The scheme aims to get kids fitter by taking up sports from wall climbing to trampolining.The retailer has already beaten its...
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Chinese subsidiary of Heinz detects Sudan 1
Products contaminated with Sudan 1 have been discovered in China this week, confirming industry fears that large quantities of chilli powder laced with the banned substance are still in the food chain. A Heinz subsidiary in China has detected...
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Sudan 1 scare hits pot snacks and ready meals
Sales of pot snacks, seafood sauces and ready meals all took a hit in the week after Sudan 1 hit the headlines, according to exclusive research conducted by ACNielsen for The Grocer. However, it is not clear whether the slump proves consumers had...
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In Profile: Q&A with Nadir Lalani, owner of the 99p Stores discount chain
Entrepreneur has a great eye for what will sell
Nadir Lalani emigrated to the UK from Tanzania in 1971.
Three decades later, he has built… -
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It’s about statistics and scapegoats
from Shamus Lehal, Londis retailerSir; After more than six months of waiting, Trading Standards has finally written to me with a warning letter stating they will take no further action on my test-purchasing failure this...
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The Acid Test
>>Consumers and buyers give their views on the latest launchesBumblebee Honey AleFrom: The Co-operative GroupLaunched under the Co-op’s own Fair Trade label, Bumblebee Honey Ale is brewed using first gold hops...
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Call for price rise across dairy
Sainsbury and Morrisons this week increased the retail price of their milk by 2p a pint to 32p, following a similar move by Tesco and Asda last week.The upward shift has delighted farmers, who will now try to secure increases across the cheese...
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A softer tone to action plan
The government has adopted a more conciliatory tone towards the industry in a new action plan laying out the timetable for food and health reform.The DoH, which recently said it would not cave in to industry lobbyists opposed to its nutrient...
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ginsters additions
Ginsters told visitors about the new addition to its sausage roll range. The Cornish Roll adds to the current Sausage Roll and Pork Roaster varieties, and will be shaped like a sausage roll with the filling of a Cornish Pastie. The company hopes...
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Richmond Ice Cream adds Majer to marketing team
Ice cream manufacturer Richmond Ice Cream has recruited Amanda Majer onto its marketing team as customer marketing manager.Majer will be responsible for managing the firm’s own-label business with the major multiples as well as...