The battle for control of Brazil’s largest retailer CBD has dominated our retail coverage this week. However, Premier Foods plc’s dispute over price with one of the UK’s largest grocers, believed to be Tesco, also grabbed our UK headlines – which also featured chocolate maker and retailer Thorntons and its decision to close half its stores.
French retailers battle in Brazil
Casino has hit out at its fellow shareholder in CBD after a proposal was put forward to merge the Brazilian retailer with the local operations of Carrefour.
GLOBAL: Cost-cutting Campbell quits Russia, shuts US plant
Campbell Soup Co. has decided to leave the Russian market four years after its entry as part of a series of measures to reduce costs at the US food company.
In the spotlight: Premier Foods’ credibility hit by profit downgrade
Premier Foods plc seems to have lost what little credibility it had remaining among industry watchers this week as it issued yet another profit warning.
Focus: Thorntons looks to preserve its specialness
UK chocolate retailer and manufacturer Thorntons has announced it is to close up to 180 stores and revamp its retail offer. Ben Cooper asks if this will be enough to re-establish its credentials as a premium specialty retailer.
The just-food briefing – social media and the food industry
Social media is playing an increasing role in the marketing strategies of food manufacturers around the world. The latest just-food management briefing outlines the social media landscape and looks at how it is effecting how companies are marketing their brands.
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By GlobalDataITALY: Lactalis wins control of Parmalat board
Lactalis has secured control of the board of takeover target Parmalat, which leaves the French dairy giant in a strong position to buy its Italian rival.
Category crunch: Infant formula in China
just-food’s latest category crunch looks at the infant formula sector in China, an industry often rocked in the last decade by concerns over product safety but one that domestic and international manufacturers believe has the potential for rapid growth. Petah Marian reports.
INDIA: Kraft calls on India to boost cocoa production
Kraft Foods is encouraging the Indian government to develop a comprehensive cocoa production development policy, claiming domestic supplies are too poor and scant to fuel its growing needs.
UK: Iceland boss Walker in finance deal talks
Iceland Foods chief executive and minority owner Malcolm Walker is in talks with Goldman Sachs about funding to retain control of the UK frozen foods specialist, sources close to the situation have told just-food.
Sustainability Watch – Celeste Clark, Kellogg
The marketing of breakfast cereals to children has become a delicate issue for food manufacturers like Kellogg. As a result, responsible marketing commitments feature prominently in the company’s sustainability strategy, as Kellogg chief sustainability officer Celeste Clark explains.