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Tag "grocery"

Aldi introduces Healthier Checklanes

Grocery shopping can be a source of frustration, temptation, even unnecessary snacking – and discount supermarket chain Aldi says is making big changes for the better. To kick off the New Year, Aldi says it is giving customers more selections they can feel good about – from increased organics and healthier options at checkout, to […]

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Stability Returning to Premier Foods

    Stability Returning to Premier Foods

UK food processor Premier Foods has reported that its underlying business sales increased by 1.1% to £757.1 million in the six months to 30 June 2012, an increase of £8.0 million compared to the prior year, and that underlying business trading profit increased by 3.2% to £53.2 million. As Premier Foods is undergoing a period […]

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Irish Grocery Market Shows Biggest Decline Since 2010

    Irish Grocery Market Shows Biggest Decline Since 2010

The latest supermarket share figures from Kantar Worldpanel in Ireland for the 12 weeks ending 8 July 2012 show the grocery market has fallen by 1.3% compared with the same period last year, the steepest decline since August 2010.
Mark Thomson, business unit director at Kantar Worldpanel, explains: “The economic situation has been tough in Ireland […]

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Own Label Food and Drink NPD Overtook Branded For the First Time in 2011

    Own Label Food and Drink NPD Overtook Branded For the First Time in 2011

Latest research from Mintel reveals that for the first time, in 2011, the proportion of own label new product development (NPD) overtook branded in the UK. Historically, the proportion of new product development within food and non-alcoholic drinks has been higher for brands than for private labels. While brands held a 55% share of total […]

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Sugar Drives Associated British Foods

    Sugar Drives Associated British Foods

Buoyed by strong performances from its sugar business and its Primark retail arm, Associated British Foods has reported a 3% rise in profit before tax to £329 million on group revenue up 11% to £5.77 billion for the 24 weeks ended March 3rd 2012. AB Sugar increased revenue by 17% to £1.2 billion and operating […]

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Mondelez International is New Name For Kraft’s Global Snacks Business

    Mondelez International is New Name For Kraft’s Global Snacks Business

Kraft Foods’ high-growth global snacks business, which will be separated from its North American grocery business later in the year, will be called Modelez International. The North American grocery company will become Kraft Foods Group, retaining the Kraft brand for its corporate identity and as the brand for many of its consumer products. As a […]

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Profits Plunge at Premier Foods

    Profits Plunge at Premier Foods

Premier Foods has reported a 29.3% drop in trading profit for ongoing business to £173.7 million for 2011 on sales down 3.4% to £1.81 billion. The UK food group has been disposing of assets to reduce its debt mountain. The sales of the Meat-free, Canned grocery and Brookes Avana businesses realised total net proceeds of […]

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UK Shoppers Plan and Shop Around More to Secure Best Value

    UK Shoppers Plan and Shop Around More to Secure Best Value

An increasing number of consumers in the UK are now planning before going out to do their food and grocery shopping, compared to three years ago, according to the latest IGD shopper research. Nearly seven in ten shoppers (67%) plan most of their food and grocery shopping before they even get to a store, up from […]

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Changes to Leadership Team at Premier Foods

    Changes to Leadership Team at Premier Foods

UK food group Premier Foods has announced changes to its leadership team to strengthen focus on the company’s renewed growth plan, under new chief executive Michael Clarke. In the new structure, commercial leadership responsibilities will be split between the grocery and newly configured bakery businesses with the creation of two new group executive roles of […]

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Kraft Foods to Split into Two Businesses

    Kraft Foods to Split into Two Businesses

Kraft Foods intends to spin-off of its North American grocery business to shareholders. The move will create two independent public companies – a high-growth global snacks business with estimated revenue of about $32 billion and a high-margin North American grocery business with estimated revenue of approximately $16 billion. The target is to launch the new […]

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Solid Interim Growth By Associated British Foods

    Solid Interim Growth By Associated British Foods

Associated British Foods has achieved a 5% rise in adjusted operating profit to £390m on group revenue ahead by 9% to £5.21b in the 24 weeks to March 5th 2011 as four of its five business segments improved profitability. Group profit before tax declined slightly from £320m in the first half of 2010 to £319m.
A […]

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Premier Foods in the Red But Debt Level Reduced

    Premier Foods in the Red But Debt Level Reduced

Premier Foods, the UK’s largest food producer, has reported a pre-tax operating loss of £98m, against a profit of £42m in 2009, on a continuing basis for 2010 after a £125m goodwill impairment at its Brookes Avana own label bakery and prepared food business. Group turnover dipped by 3.5% to £ 2.57b due to lower […]

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UK Industry Responds as One in Three Shoppers Want Waste Reduction Prioritised

    UK Industry Responds as One in Three Shoppers Want Waste Reduction Prioritised

Nearly a third of UK shoppers want food and grocery retailers and manufacturers to focus on reducing waste. IGD consumer research shows 29% of shoppers think reducing waste should be one of the main sustainability priorities for the industry.
The findings come as 33 leading food and grocery companies have announced they are voluntarily committing to […]

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Healthy Balanced Diet Communications Guide For Food Companies

A new guide to help UK food businesses communicate with consumers in a clear and consistent way about achieving a healthy balanced diet is being published by IGD, the international food and grocery experts. The Best practice guide to communicating to consumers about a healthy balanced diet has been developed to ensure information provided is […]

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Record Results From Associated British Foods

    Record Results From Associated British Foods

Associated British Foods has reported a 10% increase in revenue to £10.2b and adjusted operating profit up by 26% to £909m for 2010. With 56% of sales and 46% of operating profit generated outside the UK, the translated results of overseas businesses benefited from the weakness of sterling. At constant currency, and adjusted for the […]

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