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Breaking News on the Food and Drink Manufacturing Sector

Sectors > Fresh produce

Fresh produce

Fresh produce

Added value, seasonal and local sourcing are the hot topics in fruit and vegetable processing these days. But the genie is out of the bottle and consumers want their strawberries nicely tasty, packed and available 365 days of the year. Discover the latest pre-preparation techniques to increase your margins and how to square the circle of availability versus low carbon footprint.

Tesco results provoke sharp reaction from analysts

Tesco’s bleak third-quarter results – posting a 92% fall in pre-tax profits to £112M and news of the chairman’s decision to quit – have provoked a predictably acerbic reaction from...

Tesco in crisis

Tesco chairman to quit as pre-tax profit falls 90%

Tesco chairman Sir Richard Broadbent is to quit the business, as the troubled retailer admitted overstating first half profits by £263M and posted pre-tax profits more than 90% down.

Aldi launches new organic range in upmarket bid

Discount retailer Aldi has launched what it claims is an affordable range of organic products that will help customers save 25% on their normal British organic basket, as the store continued...

Asda wins out as food market enters deflation

Asda headed the supermarket pack as the food market officially entered a period of deflation, although consumers were the real winners, according to the latest Kantar Worldpanel figures.

Venomous spider strikes again, in Waitrose bananas

A Waitrose shopper got the shock of his life when he uncovered the world’s deadliest spider in a bunch of bananas just delivered by the upmarket supermarket chain.

News in brief

Top finance guru dumps Tesco shares

The world’s richest investor, Warren Buffett of Berkshire Hathaway, has sold more than 245M shares in supermarket giant Tesco, after describing his investment as “a huge mistake” earlier this month....

Software cuts shrinkage and saves Booths cash

Booths Supermarkets slashed shrinkage across its business and saved significant amounts of cash by implementing supply chain management software supplied by Relex, according to Andrew Rafferty, the retailer’s IT and e-commerce director....

Amazon creates 1,000 jobs at UK distribution centres

Online retail giant Amazon is to create 1,000 new jobs at UK fulfilment centres, six months after a leading UK wholesale boss predicted the retailer would deliver “a fresh approach”...

News in brief

Tesco shows ‘staggering’ decline over recent years

Tesco’s decline over recent years has been “quite staggering”, according to City analyst Shore Capital, as its analysts predicted further board changes at the troubled retail giant.

Sainsbury results: the reaction

Sainsbury’s third consecutive quarter of falling like-for-like sales represents a watershed, not just for the beleaguered retailer but the whole fast-moving UK grocery sector, agreed most City and retail analysts....

Sainsbury’s ‘very poor results’ dismay City analysts

Sainsbury’s “very poor” second-quarter results will “send shock waves” through the grocery market, warned analysts, as the retailer revealed its third consecutive quarter of falling sales.

Groceries code boss asks Tesco to review supplier policy

Tesco has been asked to examine its behaviour towards suppliers by the Groceries Code Adjudicator Christine Tacon.

Former Morrisons’ boss charged with insider dealing

Morrisons’ former treasurer and head of tax, Paul Coyle, has been charged with two offences of insider dealing by the Financial Conduct Authority (FCA).

News in brief

Ryder Cup tees up showcase of Scottish food

The Ryder Cup provided a “perfect platform” to showcase Scotland’s food and drink to more than 45,000 visitors from 75 countries on each day of the three-day golf tournament between...

Reaction: Scotland’s NDNS results

Scotland’s diabetes ‘time bomb’

Scotland’s ageing and increasingly overweight population is facing a “diabetes time bomb”, which must be a focus of the Scottish government.

Food and drink industry people on the move – in pictures

Alan Stewart started his role as chief financial officer of Tesco three months earlier than planned, this week, after the retailer launched an investigation into the board overstating its half-year...

News in brief

Finally revealed: Just how slippery are banana skins

Research into why banana skin is slippery when stepped on has won year’s Ig Nobel physics prize, the spoof awards for research that makes people laugh or think.

Police charge eight in gangmaster crackdown

Eight people have been charged from Plymouth and Cornwall as part of a major investigation into forced labour, human trafficking and illegal gangmaster activity in the UK food chain....

Supermarkets target fresh food to fight discounters

Fresh food is the first battleground as traditional supermarkets such as Tesco and Sainsbury fight against stiff competition from discounters Aldi and Lidl, according to a leading food analyst.

Exclusive interview

Omega Ingredients’ investment creates 16 new jobs

Omega Ingredients (OI) has doubled the size of its manufacturing facility and secured 16 new jobs by pumping £300,000 into its UK operations, ceo and founder Steve Pearce has said.

News in brief

Bakkavor trains up food industry personnel

Bakkavor has waved 220 young people through its Accelerated Management Scheme (AMS) since 1999 and is offering 135 training opportunities in September through IGD’s Feeding Britain’s Future’s Skills for Work...

Supermarkets: prices will rise if Scotland votes yes

A yes vote in next week’s independence referendum will result in higher food prices in Scotland, two leading retail bosses warned yesterday (September 11).

Morrisons' interim results

Morrisons results reveal supermarket price war wounds

Morrisons has revealed half-year profits down by more than 30%, as the retailer battled sharper competition from discount stores.

Baxters invests in training for its future supervisory stars

Aberdeen-based soups and condiments manufacturer Baxters has bolstered its commitment to developing skills in Scotland’s food and drink industry through its Supervisors for the Future programme.

Tesco boss pledges to be ‘customers’ champion’

The new Tesco boss’s pledge to be “the customers’ champion” has won praise from City analyst Shore Capital.