Metro restructures Extra unit
Metro, the German retail group, is to restructure its Extra Food Stores unit, decreasing the number of outlets and thereby increasing profitability across the business.
Archives for April 14, 2003
Northland reports increase in sales
US cranberry juice manufacturer Northland Cranberries, that recently made a bid for rival Ocean Spray, on Monday reported a rise in second quarter net income compared to the same period in 2002.
Aquentium expands Food Safe operations
Aquentium has announced that the company has located several facilities in the State of Maryland, US for its wholly-owned subsidiary, Food Safe.
New model predicts cheese damage
Researchers at a Dutch university claim to have developed a model that predicts how cheese will change when a force is applied to it. The new model will help to predict how cheese will be damaged during the packaging or transportation processes.
Stick to the milk
New research presented this week reveals that girls who consume more calcium on average may weigh less and have lower body fat than their counterpart.
Spirits low in Mexico
Although the alcoholic drinks market as a whole is growing strongly in Mexico, the country's consumption of spirits continued to decline in 2002, according to a new report from industry analysts Canadean.
GMOs, the next step?
Last week the European Commission threatened 12 EU member states with court action should they continue to ignore new EU legislation regulating the release of GMOs into the environment. A new survey released this week backs up the Commission's fears...
Yeast plant nears completion
North American Bakers Yeast division of Canadian company Lallemand is due to complete its newly constructed yeast plant in Memphis, Tennessee by the end of the month.
Migros shrugs off economic concerns with sales rise
Swiss co-operative group Migros has reported turnover in excess of SF20 billion (€13.4bn) for 2002, shrugging off poor economic conditions and lower sales from three of its divisions.