latest – Page 185
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Ferrero back in profit in the UK
Ferrero reported an operating profit of £733,000 for the year to 31 August 2011 in the UK,
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UK launches of stevia products lag behind French counterparts
Sales of stevia-based sweeteners have fallen short of the hype since the EU approved the natural, calorie-free ingredient in November
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Soft drinks category boosted by 'cold hot'
Iced teas and coffees have been held up as the star performers in the soft drinks market for the second year running.
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Morrisons toasts “best year yet” as profits rise 8%
Morrisons CEO Dalton Philips hailed the retailer’s “best year yet” as it posted an 8.4% rise in pre-tax profits to £947m for the year to 29 January.
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Waitrose grows but counts cost of spending spree
Waitrose grew like-for-like food sales by 3% in the past year, off the back of new own-label ranges including Love Life and Good to Go.
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Kingsmill squeezed despite outpacing rivals
Kingsmill margins have taken a knock even though the bread brand grew faster than rivals Warburtons and Hovis last year.
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Health Lottery is million-pound-a-week sickener for Camelot
National Lottery operator Camelot has claimed that it has lost £1m sales every week since the launch of the Health Lottery in October.
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Kapoor unveils masterplan to shake up Reckitt
Reckitt Benckiser has vowed to spend an additional £100m a year on advertising its key brands as part of a revamped strategy to improve performance.
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Maximuscle beefs up GSK performance but OTC catches a cold
Lucozade maker GlaxoSmithKline has reported sales growth of 5% across its consumer healthcare business for 2011.
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Giants outwitted by more nimble rivals
Big is not always beautiful in grocery. Carrefour and Tesco, the second and third-biggest global supermarkets, were outwitted over Christmas by smaller rivals.
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Record market share for Colgate-Palmolive
Sales jumped 7.5% to $16.7bn at Colgate-Palmolive last year.
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Health Lottery gives PayPoint sales a shot in the arm
The launch of the Health Lottery helped to stem the decline in top-up revenues and propel PayPoint towards growth of 8%.
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Hancocks sales pass the £100m mark
Sales rose 7.5% at confectionery wholesaler Hancocks last year after more retailers picked up its own-label lines.
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Albert Bartlett hit by 'intense' competition
Potato giant Albert Bartlett has warned of “intense” price competition following a 32% fall in profits.
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Parfetts turnover tops £300m as exports and retail club shine
A boost from exports and membership of its Go Local retail club have helped AG Parfett & Sons break the £300m turnover barrier.
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Glanbia warns of global dairy slowdown
Glanbia has issued a robust assessment of trading for the year to date, but warned of weakening demand globally for dairy products.
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Brits to spend £33bn on festive food
UK shoppers will splash out £1bn more on Christmas than they did last year, despite the squeeze on consumer spending…
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‘Mindless munching’ sees sweet sales soar
Brits have munched their way through 120 million more boxes, bags and bars of sweets and chocolates in the past year. Supermarket sales of sweets soared almost 5% year-on-year to a whopping 2.9 billion packs, while the value of the market…
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Are the fmcg giants making the grade?
Fmcg manufacturing shares outperformed the stock market last year. But the picture was mixed…
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Pre-pack keeps Natural Kitchen stores trading
An upmarket slow food store set up by two former Asda bosses has entered a pre-pack administration deal…