Iceland founder Malcolm Walker said his new venture in frozen food got off to a roaring start last week. The first week of trading at the Cooltrader store in Wrexham "went off like a rocket and exceeded all expectations", he said. Unilever has completed the sale of Bestfoods Baking to Weston for US$1.765bn cash. Tesco has sold more copies of the paperback version of the latest Harry Potter book, Goblet of Fire, launched on July 6, than any other retailer. The supermarket sold the book at a cut price of £3.98 and Tesco book buyer Caroline Ridding said the sales should serve as a warning to established booksellers. Coca-Cola has reshuffled its global operating team under new vice chairman and CEO Brian Dyson. Mary Minnick is president and CEO of the Asia group and Sandy Allan is president and CEO of Europe, Eurasia and the Middle East. Dawnfresh plans to launch new seafood products from its newly opened £10m processing centre at Bothwell Park, Lanarkshire. Scottish coffee roaster Tartan Bean has moved to a new 4,000 sq ft roastery at a dedicated food park in Glenrothes as it develops its export business. Jeffrey Fredericks of Private Liquor Brands and Andrew Reed of William Reed Publishing have been elected president and chairman respectively of the Wine & Spirits Trades' Benevolent Society. Associated British Ports has acquired Nippress Coldstorage from administrative receivers. Major customers for its cold storage facilities include Birds Eye Wall's. US federal regulators have cleared PepsiCo's $13.4bn purchase of Quaker Oats which gives it the popular Gatorade sports drink. The addition makes PepsiCo the dominant brand in the $2.5bn sports drink market. Kraft Foods has acquired the central and eastern European confectionery business of Germany-based Stollwerck. Unilever is to move its Australian tea packaging operations to Indonesia with the loss of 160 jobs.The Anglo-Dutch group packages Lipton, Lan-Choo and Bushells teas in Melbourne. DEFRA has resumed the Over 30 Months Scheme, under which older animals at greater risk of BSE infection are slaughtered. It was suspended in February because of the foot and mouth crisis. British American Tobacco has posted a 33% jump in pre-tax profit to £936m.Operating profit before exceptional items for the six months to the end of June was up 11% at £1.3bn A new lemon-flavoured version of Diet Coke will be launched by Coca-Cola in the US in September. Called Diet Coke with Lemon, the new drink will rival PepsiCo's Pepsi Twist, a lemon flavoured variety of its Pepsi and Diet Pepsi brands that was launched last year. {{NEWS }}

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