Former president Bill Clinton has brokered a deal with industry to crack down on junk food sold in US schools. Under the agreement with Kraft Foods, Mars, Campbell Soup, Groupe Danone and PepsiCo, guideline levels will be set for fat, sugar, sodium and calories in snack foods sold in school vending machines, stores and cafeterias.
Spar Austria is considering taking legal action against the planned acquisition of a 24.9% stake in supermarket chain Adeg by rival Rewe Austria. Spar Austria chief executive Gerhard Drexel said a merger would result in a dominant market position. He also claimed the deal would be bad news for suppliers.
Supermarket group Colruyt is preparing to expand into the Netherlands with the opening of a Bio-Planet organic supermarket in Eindhoven next spring. A spokesman for Colruyt said: "The success of Bio-Planet in Belgium keeps growing, which is why we want to take our formula to the Dutch market." The store will stock organic food and eco-friendly non food. Colruyt said it was looking at further locations for Bio-Planet stores in the south of Belgium.
Motorcycle maker Harley Davidson is joining forces with packaged foods company ConAgra Foods to sell beef jerky in grocery stores, Harley Davidson dealerships and truck stops. Shipments of three varieties - teriyaki, pepper and original - begin on 8 January.
Pyaterochka Holding has reported an 11% increase in third-quarter like-for-likes at its Pyaterochka and Perekriostok chains. Pyaterochka's sales were up 8% and Perekriostok's 15%. Pyaterochka opened 32 new Pyaterochka and eight new Perekriostok supermarkets during the quarter. The group is aiming to open 170 stores this year, bringing its overall total to 729.
Chocolate companies are teaming up with the World Cocoa Foundation to encourage sustainable cocoa production in West Africa. The scheme aims to help 150,000 farmers and their families over the next five years and is funded by the US Agency for International Development along with Hershey, Cadbury and Mars.
Tate & Lyle is to exit its beet processing operations in central Europe carried out through its 50-50 Eastern Sugar joint venture with Saint Louis Sucre, a subsidiary of Suedzucker. Consultation with employees and beet growers has begun with a view to renouncing quotas in Hungary, the Czech Republic and Slovakia and applying to the EU's restructuring fund for compensation. The action has been taken following an extensive review of the impact of the new EU sugar regime on the Eastern Sugar business.