Despite new regulations limiting the price discounts retailers can
offer, E. Leclerc has maintained its position as the leading French
retailer in terms of market share, stealing sales from all its main
rivals, the company claims.
In June 2002, as compared to June 2001, the volume of retail trade
in the euro-zone decreased by 0.9 per cent but increased by 0.4 per
cent in the EU fifteen member state zone (EU15), estimated
Eurostat, the statistical office of...
Europe's leading food retail chain Carrefour has surprised even
itself with the publication of first half results which were much
better than expected.
Starting young is the key to life-long alcohol consumption, which
is why consumers in Britain and France are ahead of the rest,
according to the findings of a recent report by market research
group Mintel.
Dutch food group Numico NV is the latest company this week to post
a slide in first-half profits well below expectations on Thursday.
Hit again by weak US vitamin sales, analysts were also disappointed
over the lack of a new strategy.
Sales of soyfoods in the US grew by 16.8 per cent in 2001 to reach
$3.2 billion, making it one of the fastest-growing categories in
the US food industry, according to a recent study.
Although the yields from organic agriculture are lower than those
of conventional production, in the long term it is a much more
efficient method of farming, Swiss research has shown.
Robertet, the French flavours and fragrances group, has seen a
sharp rise in its share price this year helped by renewed interest
in the sector due to a number of high profile transactions. The
company's chairman Philippe Maubert...
The global confectionery market reached 12.7 billion tonnes in
2000, increasing by 8.5 per cent globally from 1996-2000, and
proving resistant to the much-hyped rise of health-conscious
eating, according to a report from market analysts...
Consumers might be interested in healthy bakery products but are
still not buying enough to merit dramatic changes in the production
for the bakery industry, reports a recent poll carrried out by
BakeryNet.com.
Consumers are most concerned about issues such as food poisoning,
BSE and pesticides, reveals a recent consumer survey conducted by
the UK Food Standards Agency. Although they are more aware about
the meaning behind food labels there...
Irish dairy products and ingredients group Glanbia reported a 9.3
per cent increase in group turnover to E2,625.41m from E2,401.74m
in 2000. A boost in sales from the dairy food ingredients business
helped the results, the company...
Anglo-Dutch food company Unilever this week reported faster growth
in the leading brands, strong expansion of operating margin and
strong progress for the fourth quarter of 2001.
Organic products should be given tax breaks throughout the European
Union to help them compete with conventionally grown goods, a green
lobby group proposed on Tuesday.
Danish ingredients company Danisco this week reported a five per
cent increase in net sales in the company's main business areas -
Ingredients, Sweeteners and Sugar.
The United Soybean Board (USB) released data from their annual
survey showing that Americans changing their eating habits due to
health and nutrition concerns has risen dramatically to 72 per
cent.
China is now the world's largest beer producer, however its output
of barley has dropped and barley's price has risen by a margin of
10 per cent in one year.
Novartis, the Swiss drugs company, said on Monday it has bought 20
per centof the voting shares in Roche, its competitor, for
SFr4.83bn ($2.8bn) cash,...