Archives for February 15, 2002

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Food manufacturers fear retail strength, report reveals

Food manufacturers and retailers face substantial consolidation and internationalisation over the next five years as they innovate with brands and retail formats to satisfy changing consumer habits and demands, according to a report released this week...

UK frozen food chain faces difficulties

Disappointing Christmas results have hurt UK frozen food company Iceland's share price and recovery needs investment, market analyst Datamonitor reports.

Anti-GM groups fight back in Australia

The battle continued on Thursday between the Australian New Zealand Food Authority (ANZFA) and anti-GM lobby groups when GeneEthics director Bob Phelps declared that Food Authority chief Ian Lindenmayer had made "intemperate and'misinformed attacks"...

Scottish & Newcastle ratings downgraded following bid for Hartwall

UK brewer and pub retailer Scottish Newcastle (S&N) has received downgrades from international rating agency Fitch Ratings, to both its Senior Unsecured debt and Short-term ratings, reports Reuters. Senior Unsecured debt has moved from A to A- and the...