Retailers and manufacturers working in Australia have five days to
go before meeting the new rules on food labels, warned the Food
Standards Australia New Zealand (FSANZ) today.
The economic transformation of Russia and the CEE region is still
being led by the retail sector, according to a market report. For
the food retail sector, growth has been driven by the emergence of
big supermarket and hypermarket...
Friends of the Earth (FoE), the perennial thorn in the side of the
leading British supermarket groups, has criticised the two biggest
retailers, Tesco and Asda, over their fruit supply contracts.
The government's list of producer and retailer prices for a variety
of foodstuffs does not tell the real story, claims Spanish retail
association Asedas. Most stores do not use farm-gate prices as
their reference, the organsiation...
Spain's ministry of agriculture has begun publishing both producer
and retailer prices in a bid to bring more transparency to the food
industry - but farmers' associations are calling for even tougher
measures to curb retail...
Threshers, the drinks retail specialist, has extended its
operations in the petrol station forecourt sector, part of its move
into a wider range of markets which also includes leisure centres
and students' unions.
Hot weather in France pushed down Q3 sales at Guyenne &
Gascogne, but the same phenomenon helped lift turnover at the
company's Spanish joint venture, Centros Comerciales Carrefour.
The massive price increases introduced on various fruit and
vegetable products in Spain last month cannot be justified by the
summer heat wave, as the retail trade has claimed, according to
various organisations representing growers...
Carrefour has been busy this week, announcing plans to extend its
operations in South Korea and Japan. But it is also expanding
closer to home, today unveiling a tie up with Norway's Norges
Gruppen which will allow it to roll...
Asda, the American-owned supermarket chain, is continuing with its
campaign to increase sales of British food and drink products, with
50 new UK-made items set to hit the shelves in 2003. Clearer
labelling and in-store promotions...
Banking, insurance, mobile phones, holidays - areas not
traditionally covered by food retailers but which are becoming an
increasing part of the weekly food shop for many British consumers.
But as the major multiples expand their...
Hypermarkets and supermarkets dominate food sales in Spain, a new
report has confirmed. But the complaints of traditional retailers
there are nothing compared to their counterparts in Germany, France
and the UK, where the major retailers...
The steady decline in market share of small stores is not due to
the growth of hypermarkets - targeted by tough 1996 legislation -
but by that of supermarkets, claims Anged, the Spanish association
of large store operators.
The UK retailing industry is bracing itself for perhaps the biggest
event of the year, as it awaits the results of the Competition
Commission's report on who can bid for Safeway. The decision is
likely to reshape Britain's...
Petrol station shops are becoming a progressively more important
outlet within a growing and increasingly consolidated convenience
retail market, according to the latest report from Datamonitor.
Carrefour's stores in nine of Spain's autonomous regions have been
accused of selling a range of wine, beer and spirits at less than
cost price, a practice which is illegal under Spanish competition
rules.
The two franchise operators for the Carrefour retail group had
differing performances in the first half. Guyenne & Gascogne
showed solid growth during the six months, while Hyparlo's sales
suffered as a result of the disposal...
Not content with criticising UK market leader Tesco at every turn,
Friends of the Earth is now gunning for world number one Wal-Mart,
accusing it of exploiting planning loopholes to extend floorspace
at 40 Asda stores. But Asda has...
Bill Grimsey, chief executive of the Big Food Group which owns the
Iceland retail chain, has welcomed the suggestion that Morrisons is
leading the bidders for Safeway, but repeated calls for a more
intelligent assessment of the UK...
German retail group Kaufland is to buy 35 hypermarkets trading
under the Familia fascia from compatriot group Bremke &
Hoerster. The future of the latter's supermarket operations will be
decided soon.
There are numerous potential candidates to acquire the South
American operations of the troubled Ahold group, but as market
analysts Euromonitor point out, such an acquisition would not be
without considerable risks. The debate is...
The UK Competition Commission has released an issues statement
concerning its investigation into the proposed acquisition of the
Safeway retail group. Among the matters still to be investigated
are whether any of the deals would lead...
Ahold is to sell its Indonesian supermarket chain Tops to the local
market leader Hero, the latest phase of the Dutch group's programme
of disposals of non-core assets.
Britain's third largest food retailer Asda has pledged its support
for British farmers with the launch of a new campaign designed to
promote British food and educate consumers as to the source of what
they eat. But is it just...
The six bidders for UK supermarket group Safeway have now become
five with the withdrawal yesterday of the US investment group KKR.
The remaining candidates, all of them retail specialists, now await
a decision from the regulators...
Claims by Spanish hypermarket groups that new store restrictions
are benefiting only supermarkets and not traditional retailers have
been confirmed by the latest Nielsen data, which shows supermarkets
taking market share from both...
Tesco, one of the leading bidders for Safeway, has claimed that its
proposal will be good for customers, local communities and
suppliers - claims which have been rubbished by environmental group
Friends of the Earth.
As expected, Wal-Mart, the world's largest retailer, has said it is
considering a bid for the UK's Safeway supermarket chain, and that
it is talking to the competition authorities about the implications
of such a bid. US...
The pressure on margins caused by the demands of the retail sector
is nothing new, but a recent survey of prices charged by four
supermarket chains in Spain has prompted one producers' association
to warn of economic meltdown.
Things are not looking good for Ahold, the Dutch retail group which
for many years has been the darling of the stock market.
Substantial write downs from its South American business announced
earlier in the year have now been followed...
According to a research study published today by Standard &
Poor's Rating Services, the credit quality of mainstream German
food retailers is coming under pressure.
Britain's top two food retailers, Tesco and Sainsbury, are at the
centre of a row over customer loyalty, with Tesco accusing its
rival of trying to lure away customers by offering them money-off
vouchers.
After several months of testing US University of Georgia
researchers recently confirmed the effectiveness of a new product,
FreshTech, designed to control bacterial growth and extend shelf
life in food service coolers.
Dutch retailer Royal Ahold said on Thursday that its US Foodservice
subsidiary would acquire certain assets of US distributor Lady
Baltimore Foods for an undisclosed amount.
Dutch retailer Royal Ahold said on Monday that it would bid about
$50 million for the shares of Chilean supermarket firm Santa Isabel
that it did not already own.
Is the collective European tastebud becoming more refined?
According to a new report from market research company Datamonitor,
this is indeed the case. Speciality foods are flourishing across
Europe as consumers become increasingly...
Sir Peter Davis, chief executive of Sainsbury's, the UK's second
largest supermarket group, said he was pleased with the group's
performance in the year to 30 March 2002, the first full year of
Sainsbury's recovery...
UK supermarket chain J Sainsbury has been named the leading food
retailer for the third year running in the Index of Corporate
Environmental Engagement, published by Business in the Environment.
Food manufacturers and retailers face substantial consolidation and
internationalisation over the next five years as they innovate with
brands and retail formats to satisfy changing consumer habits and
demands, according to a report...
Greenpeace Canada lambasted the country's largest grocery chain and
Health Minister Allan Rock on Monday for failing to support
mandatory labelling of genetically engineered (GE) foods.
Struggling British retailer Marks and Spencer Plc is considering a
shake-up of its food activities, one of the more stable areas of
its business, in a...
UK supermarket chain Tesco is set to confirm its position as one of
the UK's most profitable retailers when it unveils its results on
Tuesday, the Financial...