As we gear up towards Food Manufacture’s Spotlight Series week (20-24 March) which focuses on food security, the grocery sector can enjoy another excellent event from William Reed, a digital, high value data and events business serving the food and drinks...
A new business relationship management and benchmarking subscription service for fast-moving consumer goods (FMCG) brands and suppliers, launched by Food Manufacture’s publisher William Reed, is gaining increased traction within the sector.
‘Shrinkflation’ must be a last resort for brands, which should not ignore how savvy shoppers are about such tactics, Clive Black, head of research at Shore Capital has warned.
Boparan Holdings has reported operating profit down by 57.6% to £8.4M – after the temporary closure of its 2 Sisters’ West Bromwich poultry plant – in its first-quarter results.
Convenience food manufacturer Greencore has revealed sales growth of 56.5% over the past year to £2.3bn in its full-year results, boosted by a rise in US sales following the acquisition of US firm Peacock Foods at the end of last year.
Premier Foods reported sales and profit growth in its half-year results published today (November 15), boosted by its “strategic” partnerships with Nissin and Mondelēz International.
Sweet maker Tangerine Confectionery suffered a 65% fall in profit last year, as the company faced increased competition from European brands and uncertainties caused by the sugar debate.
Morrisons has revealed a rise in sales and profits for the first half of this year in its interim results, released yesterday (September 14), as it sees results from its ‘Fix, rebuild and grow’ strategy.
UK grocery sales have grown 2.9% year-on-year, according to a new report from information specialist Nielsen, as the European grocery market grew at the fastest rate in three years.
Speciality cake and bread manufacturer Finsbury Food Group has reported a 1.1% fall in like-for-like sales, in constant currency, during its financial year to July 1, after deflation in the UK retail food market.
Premier Foods reported a 9.3% drop in underlying profit to £117M in its full-year trading update, as the business vowed to focus on cost efficiency and revenue growth.
Food and drink promotions will need to reduce if the industry is going to meet sugar reduction targets set by Public Health England (PHE), the boss of a market intelligence firm has warned.
2 Sisters Food Group’s parent company, Boparan Holdings, reported a 17.8% drop in like-for-like operating profit in its second quarter trading update, blaming currency fluctuations and the “very tough” trading environment.
Premium confectionery business Hotel Chocolat has reported “stellar growth” in first-half results for its 2016/17 financial year; boosted by strong Christmas sales and continuing store expansion, according to business analyst GlobalData.
Mash direct has secured a £1M distribution deal with Morrisons, which will see five gluten-free products introduced to more than 380 stores nationwide.
Snack foods giant Mondelēz International’s revenues fell by £2.9bn ($3.7bn) last year, as the firm grappled with the impact of Brexit and weaker UK demand.
Nearly three-quarters (73%) of consumers are prepared to pay more for a food or drink product made with ingredients they recognise and trust, new research has found.
Boparan Holdings – owner of 2 Sisters Food Group – is preparing for “one of our toughest” years, warned ceo Ranjit Singh, after the food giant’s parent company reported an 11.9% rise in operating profit to £19.8M in the 13 weeks to October 29.
2 Sisters’ parent company Boparan Holdings reported a 40% increase in like-for-like operating profit to £25.3M in its fourth-quarter trading update, despite the uncertain market following the Brexit vote.
Wholesalers could be making a lot more money from the ‘sales-out’ information they hold by selling this data to suppliers that would also benefit greatly by using it, a specialist in the field has claimed.
Kellogg UK has big plans to grow its business within channels, such as the wholesale and convenience sectors, where price-marked packs (PMPs) will form a central part of the cereal, biscuit and crisp giant’s strategy, its sales director for speciality...
A warmer than average September has been blamed for a 5.4% fall in Premier Foods’s second quarter sales in the company’s trading update released today.
Discount store Aldi has reported record results, including sales of £7.7bn and a year-on-year growth of 12%, in its financial year to December 31 2015.
A strong start for the year at alcoholic drinks giant Diageo was fuelled by improved marketing, innovation and commercial execution, claimed ceo Ivan Menezes.
Carlsberg, the Danish brewer, has reported that UK sales for the six months to June 30 remained flat. Its UK volumes declined and the company lost market share as it expected, it said.
The UK’s rapidly expanding food-to-go sector could provide key opportunities to grow sales from a market predicted to reach £16.1bn before the end of the year.
Food sales at Marks & Spencer (M&S) fell by 0.9%, on a like-for-like basis, in its first quarter, amid reports consumer confidence had fallen to its lowest level in 21 years following the UK’s Brexit vote.
Own-label food manufacturers will continue to see their major multiple supermarket customers lose sales to discount retailers, according to a new report from market analysts IRI.
Boparan Holdings, the parent company for 2 Sisters Food Group, has unveiled third quarter (Q3) results, said to show an “encouraging performance in tough markets”.
Morrisons’ role as a food manufacturer – supported by its vertically integrated supply chain – is a unique sales point, which should be communicated more effectively, according to analysts, after the retailer reported its second quarter of rising sales.
Graze, the online healthy snack provider that supplies directly to consumers, is set to launch its range of products in US supermarkets this summer following a similar roll-out in the UK last year.
Nestlé’s still suffering from its Indian Maggi noodle recall and has lost touch with the Chinese consumer, hitting growth for the global food and drink manufacturer, according to market analysts.
Boparan Holdings – the owner of 2 Sisters Food Group – has posted total sales down by 3.5% to £778.3M and falling operating profit in the 13 weeks to October 31.
Branded food and drink companies will be forced by the inexorable growth in supermarket own-label sales to re-establish consumer trust in their propositions as they lose market share, according to own-label manufacturers.
The £71BN takeover of SABMiller by AB InBev is likely to result in further consolidation among the remaining brewers, a leading expert on large-scale mergers has claimed.
Real Good Food Company (RGFC) has posted a £9.3M profit after tax for the six months to September 30 2015, largely off the back of the sale of its Napier Brown business for £44M.
Soft drinks and confectionery are two of the most heavily promoted products in the UK, the new IRI fast moving consumer goods price and promotion report has revealed.