Waitrose leads the chase
UK supermarket giant Waitrose has emerged as the favourite to pick up the biggest package of Safeway stores from WM Morrison. It is expected to buy up to 25 supermarkets for between £250 million (€374m) and £300 million.
Archives for March 24, 2004
Understanding risk
Governments on both sides of the Atlantic need to better understand how consumers perceive risk if they are to form better food safety policies. The issue of bioterrorism however is helping to establish a growing consensus among policy makers, argues...
Sherry to beat the cholesterol levels
Served straight from the barrel in the mosaic clad bars of Madrid, Spain's favourite apertif is good for the heart, say scientists, investigating the potential health benefits of sherry.
Acquisitions drive profits for Kerry
Burgeoning Irish food ingredients group carves deeper into the US market announcing it will buy into fast growing 'lifestyle' beverages through the acquisition of two US companies, Oregon Chai and Extreme Foods.
Roquette-Sethness launch joint venture in colours
Spearheading growth in the increasingly mature caramel colour market French starch manufacturer Roquette has teamed up with US colour firm Sethness to target manufacturers in and around central Europe.
WBD hit by increased costs
Wimm-Bill-Dann Foods has been hard hit by increased sales, marketing and distribution costs of widening product portfolio. The Russian dairy giant announced that its net income had fallen 40 per cent, despite a significant increase in its sales.
Unilever Canada takes the 'trans' out of fat
The Canadian subsidiary of Anglo-Dutch giant Unilever Canada joins the growing ranks of manufacturers to cut the trans fatty acid content out of food products.
Dieting cycle brings constant opportunities for industry
People appear to be eternally optimistic when it comes to dieting, always believing that the next diet will lead to weight loss. But the results of a new study suggest that this cycle of dieting will continue as most are not prepared to change their...
Tesco raises expansion money
Tesco has raised £640 million (€973) by selling off 33 of its UK stores. The supermarket chain plans to rent the stores on a long leasehold and carry on running the operations, and claims that customers will not see any change.
China packaging equipment boom
China's packaging industry is currently undergoing a growth rate that is set to turn the sector into one of the country's leading industries. Fed by the continued growth of the country's food and beverage industry, both domestic and international...
Liquorice, challenges for the black, sticky ingredient
Adding-value in the mature liquorice confectionery market is a key area for growth for this flavouring ingredient and flavour enhancer. With the launch of a new extract last year, German food ingredients company Alfred L. Wolff is looking to extend...