Posts Tagged ‘US’
Thursday, December 9th, 2010
Diamond Foods, the US snack maker behind upmarket crisp brand Kettle Chips, has lifted its full-year earnings target after first-quarter sales rose 40%.
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Tags: after, Brand, bumper, Diamond, earnings, first quarter sales, food and beverage, Foods, Kettle, kettle chips, maker, post, Profit, sales, snack, snack maker, target, upmarket, US, View
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Friday, December 3rd, 2010
Analysts have aired concerns over Kroger’s decline in gross margins during its third quarter, leading to shares in the US retailer falling as far as 11% yesterday (2 December).
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Tags: beverage, December, decline, Food, food and beverage, gross margins, Kroger, margins, Money, post, quarter, retailer, suffers, US, View, weaker, yesterday
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Monday, November 29th, 2010
Wal-Mart Stores announced today (29 November) that it had offered US$2.3bn to acquire 51% of South African retailer Massmart Holdings.
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Tags: Africa, control, Food, food and beverage, Holdings, Makes, Mart, Massmart, November, post, retailer, South, today, US, US$2.3bn, View, Wal, wal mart stores, Wal-Mart, WalMart
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Friday, November 26th, 2010
Del Monte Foods Company has confirmed that it has been sold to a consortium of three private equity groups in deal worth US$5.3bn.
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Tags: $5.3bn, beverage, Company, consortium, deal, Del, del monte foods, del monte foods company, equity, equity groups, Food, food and beverage, Foods, Monte, post, private equity, sold, UPDATE, US, View
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Thursday, November 25th, 2010
Food ingredients group Tate & Lyle is to sell its molasses business to UK grain importer W&R Barnett for GBP67m (US$105.6m).
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Tags: 6m, amp, barnett, beverage, Business, dispose, Food, food and beverage, food ingredients, GBP, grain, grain importer, group, importer, Lyle, molasses, post, R Barnett, Tate, UK, US, View
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Monday, November 22nd, 2010
Tesco has revealed plans to quadruple its sales in China to GBP4bn (US$6.41bn) a year over the next five years.
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Tags: Aims, beverage, China, Food, food and beverage, GBP, next five years, post, quadruple, sales, Stories, Tesco, US, View, year
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Friday, November 19th, 2010
US cereal maker Malt-O-Meal Co. is to undertake a US$136m expansion of its Asheboro production facility in North Carolina.
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Tags: Asheboro, cereal, cereal maker, expand., Expansion, facility, food and beverage, maker, Malt, malt o meal, MaltOMeal, North Carolina, O-Meal, post, Production, US, View
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Wednesday, November 17th, 2010
Irish ready made meals supplier Greencore and Fox’s biscuits group Northern Foods have agreed to merge in a transaction that will create a company with annual sales of around GBP1.7bn (US$2.7bn).
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Tags: Biscuits, Company, Food, food and beverage, Foods, Fox, GBP, Greencore, group, IRELAND/UK, merge, Northern, Northern Foods, post, ready made meals, supplier, transaction, US, View
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Wednesday, October 27th, 2010
US bakery group Hostess Brands has appointed the finance chief of Dr Pepper Snapple Group (DPSG) as its CFO.
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Tags: bakery, Brands, breadmaker, CFO.
View, chief, DPSG, dr pepper, Finance, finance chief, food and beverage, group, Hostess, joins, Pepper, post, Snapple, US
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Friday, October 8th, 2010
Discount retailer Aldi saw its UK and Irish businesses swing to a loss of over GBP58m (US$92m) in 2009 on the back of rising costs and investment in expansion.
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Tags: 2009, Aldi, back, discount retailer, Expansion, Food, food and beverage, GBP, Investment, irish businesses, loss, post, retailer, swings, UK, UK/IRELAND, US, View
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