Archives for July 12, 2004

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Ahold facing €1bn bill for Nordic stake

Ahold, the Dutch retail group, faces a serious setback in its efforts to rebuild its financial credibility after its Nordic joint venture partner Canica decided to sell its 20 per cent stake in the Swedish ICA group - a stake which Ahold is obliged to...

Joint venture targets local Russian food market

German group Rewe has announced a multi million euro joint venture with the Russian Marta Group to expand into the former Soviet Union's food retail market. The project will focus on the growing neighbourhood shopping sector - an area that has...

Demand for added-value whey to rise in Middle East

An increasingly sophisticated food market in the Middle East will open up opportunities for food makers and suppliers of third generation, added-value whey products in Saudi Arabia and Egypt, writes Lindsey Partos.

Agrokor enters Hungary

Croatia's largest food company, Agrokor, has moved into the Hungarian market after buying up ice cream maker Baldauf and mineral water producer Fonyódi ásványvíz.

'Middle class and boring': the stark truth about M&S

Marks & Spencer's new chief executive Stuart Rose has completed his review of the company's business, and it makes for pretty depressing reading for M&S shareholders - not least the 'middle class and boring' assessment of the company's brand, long...

Iceland hit by price war

Price cutting by the major UK retail chains has taken its toll on Iceland's burgeoning recovery in the first quarter - and changes at Safeway and J Sainsbury are likely to keep the pressure on prices well into the second half.

Milk formulation for Tate and Lyle's sweetener

A US firm is to use the zero calorie sweetener sucralose for a new chocolate drink - further evidence that opportunities continue to grow for the sweetener produced by UK ingredient supplier Tate & Lyle.

Non-dairy drinks easy pushover for soy?

A new vegetable-based drink, based on a traditional Spanish recipe, is being introduced to the fast-growing dairy alternatives sector in the UK but it may have a tough time competing with soy beverages, increasingly dominating this category.

Harmful, illegal colour in UK food products

The list grows of food products containing the illegal carcinogenic red dye sudan I. The UK food watchdog has given two separate food hazard warnings this week about food contaminations.

Public comment called for BSE

In the wake of a mad cow disease-infected cow discovered at the end of 2003 in the US, the government has come up with three new actions to protect the food chain.

Funky or fusty - the whisky marketing dilemma

Efforts by Scotch whisky makers to attract a younger client base are coming thick and fast, as distillers seek to break the stranglehold of white spirits on the UK youth market. But is the 'pipe and slippers' image of whisky simply too deep-seated to...