All news articles – Page 3779
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News
Tesco’s northern offensive
Tesco must have seen strong potential in its new site in the Tynedale Retail Park in Hexham, Northumberland, because it paid three times the book value for the land. The UK’s number one grocer paid a massive £17m for the eight-acre site, which...
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Team talk: Pacchini
>>fionda family ambitious for further growthWorking in a family business can have its problems, especially if you all have fiery Glasgow-Italian blood.However, it also can have massive benefits, as Giuseppe Fionda, MD of...
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Rising Stars
>>A monthly look at the most promising newcomers in key grocery categories. This week: ConfectioneryProduct: Mars DelightCompany: MasterfoodsLaunch date: March 2003Mars Delight seems to have proved a...
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Walkers snacks on a Sunday roast
Walkers is aiming to build on the success of its Great British… portfolio with a new range of snacks inspired by roast dinners.Rolling out under a Great British Dinners banner later this month, the limited edition flavours are made up of Roast...
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Ex-Londis shareholders move to Nisa-Today’s
Two members of the Londis Shareholders Action Group who attempted to avoid the company being bought by Musgrave are joining Nisa-Today’s.Adrian Costain and Kishor Patel will both loose about £16,000, the value of the second windfall due to all...
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Kellogg’s vitamins banned in Denmark
Kellogg’s has been banned from adding vitamins to its food brands in Denmark, according to reports.Danish health officials have banned the addition of vitamins and minerals in Kellogg’s cereal, saying they could have a negative effect on the...
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Vimto firm drops food business
The company which owns Vimto is to offload its food business to concentrate on soft drinks.Nichols owns Sunkist as well as Vimto, and has products in the carbonated, cordial and ready-diluted drinks markets.Vimto, which was originally...
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Co-op sells ACC milk group for £75m
Dairy Farmers of Britain is creating the largest milk cooperative through the acquisition of the Co-op’s milk processing business for £75m.DFB is buying Associated Co-Operative Creameries, Britain’s fourth biggest milk cooperative with...
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Parmalat to sue Deutsche Bank
Struggling Italian dairy giant Parmalat is suing Deutsche Bank for around £11.3m.Deutsche Bank is the third target in Parmalat’s campaign to recover money from institutions which arranged debt deals for the food group in the year before its...
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Ediets launched by Tesco
The online diet eDiets, has made its UK debut in Britain after Tesco bought the UK rights to the company.The online diet monitors participants 24 hours a day by phone and email and is the most successful programme of its kind in America,...
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Morrisons to sell stores to Wal-Mart
Supermarket chain Morrisons is on the verge of agreeing a £40m deal to sell stores to Wal-Mart, according to newspaper reports.The retailer is required by the Competition Commission to sell 52 outlets in return for official clearance for its...
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Multiples take 49p in the retail pound
The supermarkets are taking almost 50p in every pound spent in retail as they increasingly encroach into the territory of high street specialists, according to IGD.Food retailers accounted for 49p in every pound spent in the shops in 2003, up...
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A-B accused of ‘bully-boy’ tactics
Anheuser-Busch has been accused of “bully-boy tactics”, prompting the raising of a petition against the brewing giant at this week’s Great British Beer Festival at Olympia.The petition, drawn up by the European Beer Consumers’ Union, calls on...
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The Acid Test
>>consumers and buyers give their views on the latest launchesSailor JerryFrom: William GrantWilliam Grant intends to challenge Diageo’s Captain Morgan spiced rum with the UK launch of Sailor Jerry, a blend targeted...
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Cod farming is coming of age
A major step forward in cod farming volume is set to be achieved by Johnson Seafarms at Vidlin, Shetland.Johnson Seafarms is set to have a steady annual 6,000 tonnes of premium organic cod coming to harvest a year from now. It will also produce...
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Brylcreem aims a shot
Brylcreem is stiffening its resolve to get new grooming products to market with three launches. The brand, owned by Sara Lee Household & Body Care UK, is getting the additions of new Gel Shots, Natural Look Gel and ‘Rock’ Hard Wax to its Next...
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News route set for a C&C alternative
Retailers have finally lost patience with years of poor service from news wholesalers and are planning to set up a rival magazine distribution system, said John Lennon, news co-ordinator for the Association of Convenience Stores.As the...
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Aunt Bessie’s ambition grows
Tryton Foods is adding five new ready meals to its Aunt Bessie’s frozen potatoes to puddings portfolio as it embarks on an ambitious bid to double the £110m brand’s value.The company, which has scored one of the grocery industry’s biggest...
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Anatomy of a salad
Florette is aiming to harness some more passion for its bagged salads this summer with a new ad campaign.The company is throwing a new ‘raw passion’ tack into press ads set to appear in a range of food and women’s magazines, including...