Archive of all Premier Foods articles – Page 19
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NewsLoyd’s pizzas axed for failing to secure slice of the market
Struggling Premier Foods has pulled its range of Loyd Grossman pizzas from Sainsbury’s after failing to secure strong enough off-promotion sales. Premier said the decision to withdraw the products which were delisted in June, according…
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NewsPremier Foods sells canned grocery operations to Princes for £182m cash
Premier Foods has completed the disposal of its canned grocery operations to Princes in a cash deal worth £182m.
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NewsCan veg reverse sales slide for Batchelors?
Premier Foods is revamping number-one instant soup Batchelors and adding a veg-packed sub-range as part of a complete brand overhaul designed to reverse falling sales. The news of the revamp comes just weeks after Heinz exclusively told...
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NewsKraft’s Clarke lands top job at Premier
City experts have cautiously welcomed the appointment of Michael Clarke as the new CEO of Premier Foods. Clarke joins from Kraft Foods, where he was president of its European operations, on 1 September, replacing outgoing CEO Robert...
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NewsKraft’s Clarke chosen for Premier top job
Premier Foods has named Kraft Foods European president Mike Clarke as the successor to outgoing chief executive Robert Schofield. Clarke – described by Premier as “one of the most senior executives in the European food industry” – will begin in his new role on 1 September.
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NewsCadbury Cakes refreshed with new varieties and pack revamp
Premier Foods is revamping its Cadbury Cakes range with a packaging facelift and new variants. This month the company is rolling out Double Choc Mini Mini Rolls (rsp: £1.99) alongside a reformulated Cadbury Milk Chocolate cake bar...
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NewsPremier seeks RF Brookes, Avana buyer
Premier Foods is chewing over the sale of its loss-making own-label chilled foods and cake businesses RF Brookes and Avana Bakeries but the list of potential buyers is short, claim City sources. Stamford Partners is understood to be...
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Comment & Opinion
Tesco has run rings round Premier’s flabby conglomerate strategy
Here’s a ‘Great Little Idea’ for you. Buy a bunch of tired old brands. Pay a premium for them. Add a ton of debt to the balance sheet.
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NewsTesco's Premier cull: the delisted products in full
Below is a full list of the products delisted by Tesco in its recent spat over pricing with Premier Foods. Read about how the spat occurred here, while Adam Leyland offers his take on how Tesco "ran rings" around Premier in his Editor's Comment.
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NewsDelistings by Tesco push Premier into profit alert
A Grocer investigation into a pricing row that saw Tesco delist a quarter of its branded Premier Foods products prompted the supplier to issue a shock profit warning yesterday, admitting the dispute had cost it £10m.
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Comment & Opinion
Premier's price of success
Bad news travels fast. This week The Grocer has been investigating reports that one of the major supermarkets has de-listed a raft of Premier Foods products.
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News
Revamp for Loyd’s sauces as sales fail to hit target
Premier Foods is revamping its Loyd Grossman cooking sauce range as it looks to take the brand beyond its Italian cuisine heartland and position it as a choice for "food lovers". As part of the redesign, Premier is overhauling its Loyd...
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NewsOFT orders Princes to find Fray Bentos buyer
Princes has been ordered to offload the Fray Bentos brand by the Office of Fair Trading, following its £182m swoop for Premier Foods' canned business.
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NewsNew-look Rombouts rolls into Sainsbury’s
Rombouts is rolling out its revamped coffee range to Sainsbury's next month. The brand has been relaunched by the Rombouts family, who bought back its distribution rights from Premier Foods in 2009. "The product had been...
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NewsMr Kipling seeks slice of fresh cake market
Mr Kipling has moved into fresh cakes for the first time as part of Premier Foods' plans to breathe new life into its older brands. It has rolled out a three-strong range of chilled cakes into Asda and will be moving its Ambrosia brand...
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NewsSchofield calls time on Premier tenure
Shares in Premier Foods rose 4% in early trading today following the news that chief executive Robert Schofield is to retire. Schofield, who has held the top job since 2002, will hand over the reins as soon as a successor is appointed “or no later than 28 April 2012”.
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NewsAah! Bisto and Oxo in squeezy tubes debut
Premier Foods is claiming a category first for new concentrated pastes of stock and gravy launching under its Oxo and Bisto brands in the popular squeezy tube format.
Bisto Instant Roast Gravy and Oxo Squeezy Stock tubes, rolling out now,… -
NewsBranston to take on Heinz in salad cream
Premier Foods is squaring up to Heinz in the salad cream category with a Branston range. Branston Salad Cream with a Twist, rolling out next month in squeezy format, comes in Classic with a hint of Dijon mustard, a Garlic & Herbs...
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NewsPrinces takes canned business off Premier’s hands
Premier Foods has agreed to sell its canned foods business to Princes, with brands including Crosse & Blackwell and Fray Bentos changing hands for £182m. Sites at Long Sutton and Wisbech will switch to Princes in the latest move by Premier to cut its billion-pound debt.