just-food was working hard to bring you news from both Cologne and Paris last week as the Anuga trade show and World Retail Congress conference, respectively, got under way. Enjoy some of the best quotes from both shows. Separately, Saputo confirmed plans to table a takeover bid for Warrnambool Cheese and Butter Factory, while the UK Government unveiled a programme to support the country’s food and drink exports.
“A lot of our growth has come through acquisitions so we leverage local brands. We are a global company but we think locally” – Saputo COO Kai Bockmann says expanding through M&A provides it with a number of advantages, not least local brands and an understanding of the local consumer.
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“We see the outcome of this relaunch as one of the more important steps in a journey that is essential to the group’s medium-term trading and financial prospects” – Darren Shirley, analyst at Shore Capital, believes the finest relaunch is critical to Tesco CEO Philip Clarke’s plans to put the retailer back in the ascendancy.
“From the last six months, I continue to feel more and more optimistic about global expansion opportunities. I do feel confident that, in time, we will be successful overseas” – Lifeway CEO Julie Smolyansky talks about the firm’s confidence in breaking into the Continent.
“When the average child is now spending nearly eight hours a day in front of some kind of screen, many of their opinions and preferences are being shaped by the marketing campaigns you all create” – First Lady Michelle Obama suggested commercial communication to children was now under the spotlight.
“There are huge opportunities for British food companies to export all over the world and I’m determined to help our firms exploit them” – Owen Paterson, UK Secretary of State for Environment, Food and Rural Affairs, unveils a programme to support the country’s food and drink exports at the Anuga trade show in Cologne.
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By GlobalData“The grocery business has changed dramatically in the last 60 years and we continue to see major channel shift occurring now. Sixty years ago, all groceries in the UK were sold by a man behind a counter and customers queued and somebody introduced self service: J Sainsbury. Sainsbury at the time said he would sell fresh food in a self-service store over his dead body and thankfully for Justin King he’s not here with us today” – Ocado CEO Tim Steiner.
“This huge growth of shadow banking will ultimately lead to a financial crisis. The real question for China is, can they sustain the growth they are currently experiencing?” – Dr Ira Kalish, chief economist at Deloitte, highlights the economic issues China is facing.
“Carrefour is back. We still have a long way to go. We are smaller but we are still there” – Carrefour CEO Georges Plassatt insists measure the group is taking to improve sales are helping improve performance.
“While these changes will result in the creation of a number of new jobs, there will also regrettably be a number of redundancies; the final details of which have yet to emerge” – Glanbia confirms plans to initiate a voluntary redundancy scheme at three of its consumer goods plants.
“We are launching more new products than ever before, and the ability to generate original ideas and products for the consumers is increasingly crucial for the business” – Arla Foods on its plans to set up an “innovation centre” in Denmark in a bid to compete in a “tough” international dairy market.
