French group Carrefour plans to make its range of own label basic groceries the "cheapest products" across Europe this year. Chief executive Daniel Bernard said the group would offer more discounts to boost sales volumes.
n murkier
Investigators looking into fraud at Ahold have found an additional E73m of "intentional accounting irregularities" which could hit pre-tax earnings. Irregularities of $29m were found at Tops Markets and E8m at its Argentine supermarket chain Disco.
n dean power
US dairy giant Dean Foods has agreed to buy the 87% of Horizon Organic it does not already own for $216m.
Horizon Organic, which produces, markets and sells organic milk, yogurt and butter under the Rachel's Organic brand, said the partnership would allow it "to expand the distribution of products".
Chairman of Dean Foods, Gregg Engles, said: "We are very excited to have the opportunity to join forces with the Horizon Organic management team and continue to build upon their passion and commitment to organic foods."
n fall-out
US grocery distributor Supervalu claims it has picked up in excess of $600m in annualised grocery wholesale business since the end of February as rival distributor Fleming faces bankruptcy.
n bass rights
Interbrew has obtained import and distribution rights for Bass Ale in the US.
Interbrew chief executive John Brock, said: "We are very enthusiastic about Bass Ale and believe it will be an outstanding addition to the Interbrew USA portfolio."
n starry
Constellation, the leading international producer and marketer of alcoholic beverages, has reported pre-tax profit up 46% to $334m on sales of $2.73bn for the year to February 28.
CEO Richard Sands said: "We achieved solid beer sales growth due to a price increase in a strong overall beer pricing environment; generated good wine results by focusing on growth areas and profitability; and grew our UK business."
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n murkier
Investigators looking into fraud at Ahold have found an additional E73m of "intentional accounting irregularities" which could hit pre-tax earnings. Irregularities of $29m were found at Tops Markets and E8m at its Argentine supermarket chain Disco.
n dean power
US dairy giant Dean Foods has agreed to buy the 87% of Horizon Organic it does not already own for $216m.
Horizon Organic, which produces, markets and sells organic milk, yogurt and butter under the Rachel's Organic brand, said the partnership would allow it "to expand the distribution of products".
Chairman of Dean Foods, Gregg Engles, said: "We are very excited to have the opportunity to join forces with the Horizon Organic management team and continue to build upon their passion and commitment to organic foods."
n fall-out
US grocery distributor Supervalu claims it has picked up in excess of $600m in annualised grocery wholesale business since the end of February as rival distributor Fleming faces bankruptcy.
n bass rights
Interbrew has obtained import and distribution rights for Bass Ale in the US.
Interbrew chief executive John Brock, said: "We are very enthusiastic about Bass Ale and believe it will be an outstanding addition to the Interbrew USA portfolio."
n starry
Constellation, the leading international producer and marketer of alcoholic beverages, has reported pre-tax profit up 46% to $334m on sales of $2.73bn for the year to February 28.
CEO Richard Sands said: "We achieved solid beer sales growth due to a price increase in a strong overall beer pricing environment; generated good wine results by focusing on growth areas and profitability; and grew our UK business."
{{NEWS }}
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