Breaking News on the Food and Drink Manufacturing Sector

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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.

£5bn export opportunities for UK organic food firms

17-Apr-2014 - A potential £5bn export market to China has been opened for UK organic food and drink manufacturers, following a Soil Association deal with China’s Organic Food Development Centre (OFDC).

Tesco results: six things you should know

17-Apr-2014 - Tesco’s latest results – featuring its 6% slump in operating profit – deliver six key pointers about the future direction of the business, including the prospect of sharper price competition, according to financial analyst Morgan Stanley.

Euro Foods packaging acquisition could lead to 200 jobs

16-Apr-2014 - Euro Foods’ acquisition of Welsh packaging firm Brown Bear Food is the first step to the frozen and fresh food firm’s aim of creating 200 jobs at the Cwmbran site, it claims.

Manufacture foods to showcase quality: NFU

16-Apr-2014 - Farmers stepping into food manufacturing to supplement their incomes should use the opportunity to showcase the qualities of the rural sector, such as better food security and freshness, the National Farmers Union (NFU) president has said.

Tesco profit falls 6% after ‘challenges in UK and Europe’

16-Apr-2014 - Tesco has posted operating profit down by 6% to £3.3bn and like-for-like sales down by 1.4% in full year results to February 22, due to “challenges in the UK and Europe”.

About 500 vegetable packing workers screened for TB

14-Apr-2014 - Up to 500 employees at a vegetable packing firm in Cambridgshire have been screened for tuberculosis (TB), after an outbreak blamed by a local councillor on migrant workers from eastern Europe.

Place UK on target for £30M in sales

11-Apr-2014 - Fruit and vegetable processor Place UK has boosted sales by 50% in the past three years and is on track to meet its £30M target in the next two.

Supermarkets were ‘totally and utterly’ complacent

11-Apr-2014 - Britain’s big four supermarkets have been “totally and utterly complacent”, in failing to keep pace with key developments in retailing and are now paying the price, warns a leading City analyst.

Digital star quits Morrisons in surprise move

09-Apr-2014 - Beleagured retailer Morrisons has suffered another blow with the departure of Simon Harrow, one of the rising stars of its emerging digital business.

News in brief

Asda to create 12,000 UK jobs over five years

07-Apr-2014 - Asda’s parent company Walmart has revealed plans to create up to 12,000 new jobs in the UK over the next five years.

Illegal Norfolk, Suffolk gangmasters targeted

07-Apr-2014 - Six people have been arrested in a police crackdown on illegal gangmasters exploiting workers in the vegetable processing sector in Norfolk and Suffolk.

Co-operative acquires 54 pub sites to boost convenience

07-Apr-2014 - The Co-operative Food business has leased 54 pub sites from the Marston’s public house portfolio, owned by NewRiver Retail, as part of its plan to open 150 food stores a year across the UK.

Government should advise seven-a-day fruit and veg

02-Apr-2014 - The government should upgrade its advice to eat seven portions of fruit and vegetables a day from the five currently recommended, according to a new study by University College of London researchers.

Teatime tweets drive food manufacturers’ sales

02-Apr-2014 - Timing social media posts to reach customers at key times of the day – such as before teatime – is helping food manufacturers to boost sales and engage new customers, according a seminar at the Foodex trade event last week.

Bakkavor to add 270 staff after Wingland Foods boost

31-Mar-2014 - Bakkavor is recruiting to fill 270 new jobs, after the official opening of its Wingland Foods factory extension last Friday (March 28).

Potato supplier to axe 190 jobs at Shropshire plant

28-Mar-2014 - Greenvale – one of the UK’s biggest potato suppliers – plans to cut 190 jobs and close its potato packing plant near Market Drayton, Shropshire.

Fareshare says food donations just scratch the surface

17-Mar-2014 - The food industry must boost efforts to divert surplus food to needy causes as demand rockets, Fareshare has claimed, as donations it gets represent only a tiny amount of the whole.

Producers urged to return to organic

14-Mar-2014 - Domestic producers must stop abandoning organic food or lose out to importers, as the category shows the first signs of UK growth in five years, the Soil Association has warned.

Morrisons posts loss of £176M after ‘disappointing year’

14-Mar-2014 - Morrisons has reported a £176M loss in full-year results to February 2, compared with a previous profit of £879M, as the supermarket revealed plans to slash costs and lower prices in a bid to battle the discounters.

Morrisons’ outlook ‘truly awful’: City analyst

14-Mar-2014 - Morrisons’ outlook statement, accompanying its full-year results posted yesterday (March 13), was “truly awful”, according to leading City analyst Panmure Gordon.

Morrisons receives ‘red alert’ from City analyst

12-Mar-2014 - Morrisons has received a “red alert” from leading City analyst Shore Capital, ahead of its full-year results to the end of January 2014, to be posted tomorrow (March 13).

Ocado ‘doesn’t deliver earnings’: City analyst

12-Mar-2014 - Online grocery business Ocado “doesn’t work” when measured by its ability to deliver earnings, City analyst Shore Capital has concluded, after the business delivered its interim business statement for the 12 weeks to February 23.

Feature

No complacency at Greencore despite rising share price

11-Mar-2014 - Profits may be rising but Patrick Coveney isn’t complacent, reports Rick Pendrous

Biggest banana firm created in Chiquita, Fyffes deal

10-Mar-2014 - Fyffes has hailed its merger with Chiquita Brands as "transformative" in a move that creates a multinational with sales of £2.76bn, boosting scale and efficiency for both firms.

‘We need fresh approach’ to attract youngsters: DEFRA minister

10-Mar-2014 - Food and drink manufacturers sometimes lose out to other industries in the competition to attract new talent and need “a fresh approach”, says food and farming minister George Eustice.

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