SUBSCRIBE

Breaking News on Food Marketing and Retailing

Headlines > Financial

Safeway suitors consider legal action

Two of the supermarket groups which were blocked from bidding for the Safeway chain in the UK are considering taking legal action against the draconian...

Genomics cracks bitter taste problem

Genomics, a growing area of the biotech landscape, is already starting to bear fruits for the food industry with the news that Dutch enzyme company...

Ahold facing €1bn loss

Embattled Dutch retailer Ahold has finally published its long-awaited audited results for 2002, revealing the full effect of the widespread accounting fraud unearthed earlier this...

Italian sale boosts Hyparlo

The continued growth of the Carrefour retail group in France has, not surprisingly, had a knock on effect on the performance of the company's two...

Delhaize planning European expansion

After a torrid year in the US, where its Food Lion unit in particular has suffered from the downturn in consumer spending, Belgian retail group...

Safeway takeover: good news and bad

The takeover of Safeway by Morrisons could lead to a price backlash as the merged group battles to lift market share - good news for...

EU crack down on salmonella

European Commissioner David Byrne welcomed the Agriculture Council's decision this week on new rules to cut the incidence of foodborne diseases in the European Union....

Ahold to publish results this week

Now that the decision over who will be allowed to buy Safeway has been made, the most eagerly awaited date in the retail calendar is...

Bunge sheds bottled oils

In the space of seven days US agri-giant Bunge has not only plunged deeper into Far Eastern oils but also shed the private label retail...

Morrisons cleared for Safeway takeover

Morrisons, the company which was the first to bid for the Safeway chain back in January, is the only supermarket operator with permission to acquire...

Asda strengthens support for British suppliers

Asda may have lost out in its attempt to buy the Safeway chain, but the American-owned company is continuing to stress its credentials as a...

Sustained growth for G&G

Guyenne and Gascogne, the French retail group, has continued to improve its sales and profits in the first half of 2003, building on the major...

Capital investment for Caprabo

Caprabo has become the biggest supermarket operator in the Spanish capital Madrid after the acquisition earlier this week of the Supermercados Alcosto chain. The company's...

Surfing Swiss shoppers get more from Migros

Swiss retailer Migros has formed a strategic alliance with www.LeShop.ch , combining the latter's web-based supermarket with its own online shopping portal, www.migros-shop.ch , to offer Swiss...

Wild about health

A Europe-wide project is underway to assess whether local wild vegetables eaten in southern Europe might have health-promoting properties, outlined scientists last week at the...

One-stop shop threat to high street retail

Supermarket operators in the UK are increasingly expanding the range of goods and services they offer to their customers, at the same time encroaching on...

Price margins squeeze figures for Danisco Q1

Price competition in texturants put pressure on Danisco ingredients results for the first quarter of 2003/2004 but flavours and a long, hot summer go some...

Laurus draws line under Belgian losses

Colruyt , the Belgian retail group, has acquired six stores operated by the Echo group - part of troubled Dutch retailer Laurus - which it will...

Green denies Safeway interest dwindling

Philip Green, the British retail entrepreneur, has reacted angrily to reports in the UK press over the weekend that his Trackdean Investments company was no...

ICA drops Ahold name

ICA , the Swedish retail group 50 per cent owned by the Ahold group, has announced a major restructuring of its business which includes dropping the...

Supermarkets fail to cut pesticide levels - FoE

British supermarkets have failed to achieve any overall reduction in pesticide residues over the last five years, claims environmental group Friends of the Earth, one...

Waitrose flourishes in the heat

Waitrose , the supermarket division of the UK's John Lewis Partership, benefited from the hot summer weather and new store developments to post a double-digit increase...

Jeronimo Martins confirms recovery

Times have been hard for Portuguese retailer Jeronimo Martins in recent years, but the company's latest set of results indicate that its strategy of withdrawing...

Morrisons shows strategy would work for Safeway

Double-digit sales growth in the first half of the year is further evidence that Morrisons has the right business model to turn things around at...

Big store groups dominate in Spain

Confirming what most shoppers and store keepers already knew, a new study from the Fundación de Cajas de Ahorro Confederadas (Funcas ) association in Spain has...

Key Industry Events