Headlines > Financial
Strong compliance in colour labelling
The vast majority of drinks manufacturers are sticking to the rules on artificial colourings, finds a new survey commissioned by the UK Food Standards Agency...
Swiss Coop cleared for Waro buy
Switzerland's Coop retail group has been given the green light by the Swiss competition authorities for its proposed takeover of compatriot store operator Waro. The...
Wal-Mart tops retail ranking as global expansion continues
Wal-Mart continues to reign supreme amongst the world’s leading grocery retailers. Its sales last year grew by 12 per cent to $244.5 billion (€208.7bn), enabling...
Functional foods drive whey sales
Are perceptions of whey products as more than a milk powder substitute changing? According to a new report from market analysts Zenith International, yes, as...
Sainsbury gains ground on rivals
Britain's number two grocery retailer J Sainsbury has reported full-year figures which it claims show that it is well on the way to meeting its...
Delhaize expansion gets EBRD backing
The expansion of Belgian retail group Delhaize into three eastern European countries is set to be supported by the European Bank for Reconstruction and Development...
European focus pays off for Auchan
Auchan , the French retail group, has reported a 5.3 per cent rise in sales for 2002 to €27.6 billion, shrugging off the worst effects of...
Beneo programme to rival tapas
Consumers in Spain can now join their European neighbours in Belgium and Switzerland in enjoying a range of food products endorsed by the Beneo programme....
FSAI wraps knuckles over mislabelling
Irish consumers concerned about the presence of GM ingredients will be assured by the results of a recent survey commissioned by Food Safety Authority of...
Ahold struggles in first quarter
Dutch retail group Ahold has reported an 11.3 per cent decline in sales for the first quarter of the year to €17.4 billion, due mainly...
Retail pack sniffing round ailing Ahold
The large grocery retailing market could see significant movement over the coming few months, as Dutch group Ahold downsizes and a handful of others fight...
Safeway results reflect future uncertainty
Full year sales at Safeway , the British food retail group, increased by 1.3 per cent in 2002/03 to £9.5 billion (€13.4bn), a solid if less-than-spectacular...
Fischler convinces ministers over CAP?
Dr Franz Fischler, the leading light behind reform proposals to the Common Agricultural Policy (CAP), continued on his crusade to guarantee the quality of food...
US biotech WTO move knocked by EU
So, they went ahead and did it anyway. Despite imminent changes to the European legislation on genetically modified organisms (GMOs), re-iterated by EU Trade Commissioner...
Miller finally quits over Ahold fraud
Jim Miller, the chief executive of the US Foodservice unit of Dutch retail group Ahold, has finally resigned after revelations of accounting fraud at the...
Tesco playing with the big boys
Tesco is now one of the top ten food retailers in the world, ranked number eight according to sales last year, and has grown faster...
Delhaize pleased despite tough first quarter
A first quarter period marred by declining exchange rates and exceptional charges relating to US store closures has taken its toll on Belgian retail group...
Continued recovery will increase Somerfield interest
Somerfield , the UK food retailer, has reported a slight upturn in like-for-like sales in the year to March, another step on the road to recovery...
Ahold accounting scandal worse than expected
Ahold , the troubled Dutch food retail group, has announced the results of an investigation of the accounts at its US Foodservice arm, and they do...
Safeway merger: supplier relations questioned
The UK Competition Commission has released an issues statement concerning its investigation into the proposed acquisition of the Safeway retail group. The Commission is currently...
Burning bridges...
Australian food ingredients company Burns Philp continued to slim down its newly acquired firm, Australian bakery giant Goodman Fielder, with the announcement on Tuesday that...
Introducing the non-drip lolly
The frustration of suffering the drip-drip effect of an ice lolly on a hot summer day may well be over as food ingredients giant Danisco...
First quarter confirms Jeronimo Martins recovery
After a turbulent few years and the wholesale sell off a number of businesses, Portugal's Jeronimo Martins retail group appears to be on the road...
Easter boost for French retailers
The Easter period - which this year fell in April - gave a major boost to sales at French supermarkets and hypermarkets, according to the...
The future of food retailing
Metro, the diversified German retail group, last week opened its first so-called Future Store near Duisburg, a move which it expects to be followed by...
