One story has dominated this week’s headlines – the latest food safety scandal to hit China. As the scare around baby milk powder has spread to liquid milk and other dairy products, so has the gloom over the future for the country’s dairy sector – and questions over China’s record on food safety. Elsewhere, Tesco fired its latest salvo in the UK price war, while Tyson Foods spread its wings into Brazil with a series of acquisitions. These are the top stories on just-food this week.
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CHINA: Melamine scare spreads to liquid milk
Liquid milk from China’s top three dairies is being pulled from shelves today (19 September) after tests found several of their products contained melamine.
For more on just-food’s coverage on the China dairy scandal, click here.
UK: Tesco fires fresh salvo in UK price war
Tesco has today (16 September) unveiled a swathe of price cuts and the launch of a low-cost range of products as the price war among UK retailers hots up.
For our spotlight on the price war among UK retailers, click here.
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By GlobalDataBRAZIL: Tyson buys three poultry companies
Tyson Foods has purchased three Brazilian poultry companies. The company said today (18 September) that it will acquire 100% of Macedo Agroindustrial and Avicola Itaiopolis, both based in Santa Catarina, and a 70% stake in Frangobras, based in Parana.
UK: Sainsbury’s boss issues gloomy outlook
Sainsbury’s chief executive Justin King has issued a gloomy outlook on consumer confidence in the UK.
US: Lindt launches “super-premium” baking range
Upmarket Swiss chocolate maker Lindt & Sprungli has launched a range of “super-premium” baking chocolate products in the US.
UK: Aldi, Lidl share gains continue – TNS
The popularity of discount retailers Aldi and Lidl in the UK, particularly among younger, larger families, is continuing to rise, according to the latest data released by analysts TNS Worldpanel.
AUS: Kellogg acquires Specialty Cereals
Kellogg has acquired Sydney-based Specialty Cereals, a privately-owned maker of biscuits, cereals and convenience foods.
US/CANADA: Unilever signs Starbucks ice cream deal
Unilever has signed a deal to produce and sell Starbucks ice cream in the US and Canada.
US: Wal-Mart highlights value credentials
Wal-Mart is looking to take advantage of the US economic downturn through the launch of an advertising campaign highlighting the retailer’s value credentials.
US: Ralcorp issues cereal recall
US cereal maker Ralcorp Holdings has issued a recall of thousands of cartons of oatmeal cereal due to an undeclared milk ingredient contained in some of the boxes.
