Food industry http://www.globalpost.com/taxonomy/term/24294/all en UPDATE 1-Sainsbury led top UK grocers in Christmas sales growth http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-1-sainsbury-led-top-uk-grocers-christmas-sales-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* UK grocery market grew 3.2 pct in 12 weeks to Dec. 23<br /> * Sainsbury market share up 0.1 pct pt, Tesco down 0.1<br /> * Strongest growth at discount and premium end - Kantar<br /> * UK retail sales up 0.3 pct in December - BRC<br /> * 2013 to be difficult for retailers - BRC</p> <p> By James Davey<br /> LONDON, Jan 8 (Reuters) - J Sainsbury, Britain's<br /> No.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-1-sainsbury-led-top-uk-grocers-christmas-sales-growth" target="_blank">read more</a></p> Aldi Asda Business Economy of the United Kingdom Employment Relation Food industry Grocery store Lidl Morrisons Person Career Quotation Sainsbury's Social Issues Technology Tesco United Kingdom Waitrose Walmart Thomson Reuters Tue, 08 Jan 2013 14:15:04 +0000 5731597 at http://www.globalpost.com UPDATE 3-Emerging market sales lift Unilever shares to new high http://www.globalpost.com/dispatch/news/thomson-reuters/130123/update-2-unilever-shares-hit-new-high-growth-beats-estimates <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Underlying annual sales growth 6.9 pct vs forecast 6.5 pct</p> <p>* Annual revenue up 10.5 pct at 51.3 bln euros, in line with forecasts</p> <p>* Shares rise 3 percent to all-time high</p> <p>* Says markets will continue to be tough in 2013 (Adds further details, company comments, updates share price)</p> <p>By Rosalba O'Brien</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130123/update-2-unilever-shares-hit-new-high-growth-beats-estimates" target="_blank">read more</a></p> Entertainment Food and drink Food industry Lever Bros Surf Unilever Unilever PLC Thomson Reuters Wed, 23 Jan 2013 10:45:18 +0000 5738220 at http://www.globalpost.com INTERVIEW-"Horsegate" scandal at rivals was inevitable -Waitrose http://www.globalpost.com/dispatch/news/thomson-reuters/130124/interview-horsegate-scandal-at-rivals-was-inevitable-waitrose <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* MD says scandal a result of culture of squeezing suppliers</p> <p>* Waitrose confident can maintain sales growth momentum</p> <p>* Targeting 600 UK stores, 10 pct UK market share</p> <p>By James Davey</p> <p>LONDON, Jan 24 (Reuters) - Britain's "Horsegate" scandal, where horse DNA was found in beef burgers, was the inevitable result of major supermarkets squeezing their suppliers and could lead to a change in shopping habits, the head of upmarket grocer Waitrose told Reuters.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130124/interview-horsegate-scandal-at-rivals-was-inevitable-waitrose" target="_blank">read more</a></p> Business Economy of the United Kingdom Food and drink Food industry Labor Law Waitrose Thomson Reuters Thu, 24 Jan 2013 16:39:15 +0000 5738873 at http://www.globalpost.com UPDATE 1-Ocado underlying earnings rise, loss at pretax level http://www.globalpost.com/dispatch/news/thomson-reuters/130207/update-1-ocado-underlying-earnings-rise-loss-at-pretax-level <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Feb 7 (Reuters) - British online grocer Ocado met forecasts with a 20 percent rise in underlying earnings, though the firm still made a loss at the pretax level.</p> <p>Ocado, whose range includes products supplied by upmarket grocer Waitrose, also said on Thursday its second distribution centre in Dordon, Warwickshire, central England, was on track to open by the end of February, and remains on budget.</p> <p>The firm reckons the centre will eliminate capacity issues and lead to further efficiency gains.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/update-1-ocado-underlying-earnings-rise-loss-at-pretax-level" target="_blank">read more</a></p> Business Entertainment Food industry John Lewis Partnership Marketing Ocado Thomson Reuters Thu, 07 Feb 2013 09:15:22 +0000 5748546 at http://www.globalpost.com Berkshire, 3G buy ketchup maker Heinz in $28bn deal http://www.globalpost.com/dispatch/news/afp/130214/berkshire-3g-buy-ketchup-maker-heinz-28bn-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and 3G Capital announced Thursday that they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.</p> <p>The buyers heralded 144 year old HJ Heinz Co's strong, global portfolio of prepared food brands, which Buffett called "great tasting" products.</p> <p>Heinz said it was the largest ever takeover in the food industry.</p> <p>The two buyers will pay Heinz shareholders $72.50 per share in cash -- a 20 percent premium on Heinz's Wednesday closing price.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130214/berkshire-3g-buy-ketchup-maker-heinz-28bn-deal" target="_blank">read more</a></p> Berkshire Hathaway Business Food and drink Food industry H.J. Heinz Co. Heinz AFP Thu, 14 Feb 2013 20:02:14 +0000 5756029 at http://www.globalpost.com Berkshire, 3G buy ketchup maker Heinz in $28bn deal http://www.globalpost.com/dispatch/news/afp/130214/berkshire-3g-buy-ketchup-maker-heinz-28bn-deal-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.</p> <p>The buyers heralded 144-year-old HJ Heinz Co's strong, global portfolio of prepared food brands, which Buffett called "great tasting" products.</p> <p>The two buyers will pay Heinz shareholders $72.50 per share in cash -- a 20 percent premium on Heinz's Wednesday closing price.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130214/berkshire-3g-buy-ketchup-maker-heinz-28bn-deal-0" target="_blank">read more</a></p> Business Food and drink Food industry H. J. Heinz Company H.J. Heinz Co. Heinz Human Interest AFP Thu, 14 Feb 2013 23:00:35 +0000 5756167 at http://www.globalpost.com Danone reports flat profits, cuts 900 jobs http://www.globalpost.com/dispatch/news/afp/130219/danone-reports-flat-profits-cuts-900-jobs <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>French food industry group Danone reported on Tuesday a flat net profit for 2012 of 1.81 billion euros ($2.4 billion) and said it would cut about 900 jobs in management and administration across Europe to reduce costs.</p> <p>The cuts represent 10 percent of managerial staff in Europe with the aim of saving 200 million euros over two years and to boost flagging sales in Europe, the firm said.</p> <p>The price of shares in the company, which now generates 60 percent of sales outside Europe, rose by 4.54 percent in early trading.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130219/danone-reports-flat-profits-cuts-900-jobs" target="_blank">read more</a></p> Food industry Groupe Danone AFP Tue, 19 Feb 2013 09:30:29 +0000 5759690 at http://www.globalpost.com Danone says to cut 900 jobs as profits stagnate http://www.globalpost.com/dispatch/news/afp/130219/danone-says-to-cut-900-jobs-as-profits-stagnate <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>French food industry group Danone said it would cut 900 management and administration jobs across Europe as it reported a flat net profit for 2012 of 1.81 billion euros ($2.4 billion).</p> <p>The cuts represent 10 percent of managerial staff in Europe with the aim of saving 200 million euros over two years and to boost flagging sales in Europe, the firm said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130219/danone-says-to-cut-900-jobs-as-profits-stagnate" target="_blank">read more</a></p> Food industry Franck Riboud Groupe Danone AFP Tue, 19 Feb 2013 15:46:08 +0000 5760053 at http://www.globalpost.com Buffett's Berkshire Hathaway, Brazil's 3G Capital buy food giant H.J. Heinz http://www.globalpost.com/dispatch/taxonomy/term/35779/130226/buffetts-berkshire-hathaway-brazils-3g-capital-buy-food-giant-hj <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>New York, Feb 14 (EFE).- Billionaire Warren Buffett's Berkshire Hathaway Inc. said Thursday it joined forces with Brazilian investment fund 3G Capital to purchase U.S. food giant H.J. Heinz for $28 billion, including the assumption of outstanding debt.</p> <p><a href="http://www.globalpost.com/dispatch/taxonomy/term/35779/130226/buffetts-berkshire-hathaway-brazils-3g-capital-buy-food-giant-hj" target="_blank">read more</a></p> Berkshire Hathaway Business Food and drink Food industry H.J. Heinz Heinz Agencia EFE Tue, 26 Feb 2013 15:19:41 +0000 5767132 at http://www.globalpost.com Fairtrade sales to grow as consumers demand better labelling http://www.globalpost.com/dispatch/news/thomson-reuters/130228/fairtrade-sales-grow-consumers-demand-better-labelling <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* UK Fairtrade sales up 19 pct in 2012 to 1.57 bln stg</p> <p>* Consumers seek better sourcing amid horsemeat scandal</p> <p>* Brands switching to the label a big driver for growth</p> <p>By Natalie Huet</p> <p>LONDON, Feb 28 (Reuters) - UK sales of ethically sourced Fairtrade products rose 19 percent last year and will continue to grow worldwide as firms seek to reassure consumers over food in the wake of Europe's horsemeat scandal, the head of the Fairtrade Foundation said.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130228/fairtrade-sales-grow-consumers-demand-better-labelling" target="_blank">read more</a></p> Fair trade Fairtrade Foundation Food industry Human Interest Social economy Social Issues Thomson Reuters Thu, 28 Feb 2013 16:15:25 +0000 5769877 at http://www.globalpost.com Sotheby's to auction dinner with Spanish Chef Adria, El Bulli wine collection http://www.globalpost.com/dispatch/news/agencia-efe/130304/sothebys-auction-dinner-spanish-chef-adria-el-bulli-wine-collection <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>Madrid, Mar 4 (EFE).- Auction house Sotheby's will hold an auction on April 3 in Hong Kong and April 26 in New York, offering bidders the opportunity to win a dinner with legendary Spanish chef Ferran Adria and a collection of wines from his groundbreaking El Bulli restaurant, as well as other items from the restaurant.</p> <p><a href="http://www.globalpost.com/dispatch/news/agencia-efe/130304/sothebys-auction-dinner-spanish-chef-adria-el-bulli-wine-collection" target="_blank">read more</a></p> Business Food industry Molecular gastronomy Agencia EFE Mon, 04 Mar 2013 19:01:38 +0000 5773141 at http://www.globalpost.com Noma, "world's best restaurant", sorry as diners ill http://www.globalpost.com/dispatch/news/thomson-reuters/130308/noma-worlds-best-restaurant-sorry-diners-ill <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Johan Ahlander</p> <p>COPENHAGEN, March 8 (Reuters) - Danish restaurant Noma, crowned the world's best restaurant three years running in one poll, on Friday apologised after 63 guests fell ill with sickness and diarrhoea after visiting the haute cuisine establishment.</p> <p>According to the Danish health authorities, the guests fell ill during a five-day period in February and the outbreak could have come from a sick kitchen staff employee.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130308/noma-worlds-best-restaurant-sorry-diners-ill" target="_blank">read more</a></p> Business Food industry Labor Law Molecular gastronomy Noma Thomson Reuters Fri, 08 Mar 2013 17:00:16 +0000 5777342 at http://www.globalpost.com German investor eyes $8.2 billion bid for Douwe Egberts firm http://www.globalpost.com/dispatch/news/thomson-reuters/130328/german-investor-eyes-82-billion-bid-douwe-egberts-firm <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sara Webb</p> <p>AMSTERDAM (Reuters) - German investor Joh A Benckiser (JAB) is in talks over a 6.4-billion-euro deal (5.4 billion pounds) to buy the owner of Douwe Egberts coffee and bolster its position in a hot drinks industry benefiting from innovation and emerging market growth.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130328/german-investor-eyes-82-billion-bid-douwe-egberts-firm" target="_blank">read more</a></p> Business Coffee Food and drink Food industry Social Issues Thomson Reuters Thu, 28 Mar 2013 12:15:46 +0000 5796168 at http://www.globalpost.com Bidder pays $28,000 to dine with chef Ferran Adria http://www.globalpost.com/dispatch/news/afp/130404/bidder-pays-28000-dine-chef-ferran-adria <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A Hong Kong auction offering the chance to dine with world-renowned Spanish chef Ferran Adria, known for his revolutionary "molecular cuisine", has fetched a winning bid of over $28,000, Sotheby's said Thursday.</p> <p>The "vigorous" bidding war started with an offer of HK$40,000 ($5,000) and ended with a winning bid of HK$220,500 ($28,269) when the hammer fell in the southern Chinese city Wednesday, according to the auction house.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130404/bidder-pays-28000-dine-chef-ferran-adria" target="_blank">read more</a></p> Food and drink Food industry Molecular gastronomy AFP Thu, 04 Apr 2013 05:45:17 +0000 5801351 at http://www.globalpost.com Chinese thirst for baby formula boosts Danone sales http://www.globalpost.com/dispatch/news/afp/130416/chinese-thirst-baby-formula-boosts-danone-sales <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>French food group Danone said Tuesday the explosion in demand for baby formula in China helped lift sales by 4.3 percent in the first quarter of the year to 5.3 billion euros ($6.9 bn).</p> <p>"As we expected, the first quarter of 2013 saw a solid performance that highlighted once again the contrast between robust growth in emerging markets and the sluggish economy in Europe," Danone chief executive Franck Riboud said in a statement.</p> <p>Sales in emerging markets and North America grew by over 10 percent, but European sales slumped by over 5 percent.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130416/chinese-thirst-baby-formula-boosts-danone-sales" target="_blank">read more</a></p> Food and drink Food industry Groupe Danone AFP Tue, 16 Apr 2013 08:00:34 +0000 5817114 at http://www.globalpost.com