Sir Ken Morrison, the outspoken former chairman of Morrisons, has launched a stinging attack on the retailer’s boss Dalton Philips, describing his strategy for the recovery of the troubled business as “bullshit”.
Tesco chief executive Philip Clarke is putting a brave face on the troubled retailer’s latest results, which today (June 4) revealed a third consecutive quarter of falling sales.
A Scottish gangmaster who illegally supplied workers to Scottish vegetable farms, paying below minimum wage, has been ordered to perform 180 hours of unpaid community work.
The Coop Group, Asda, Aldi and Lidl are all new customers for Produce Investments following its acquisition of the grower, packer and supplier of Jersey Royal potatoes for £15M.
Grocery sales remained “in the doldrums” from February to April, according to leading food analyst Clive Black of Shore Capital, citing data from the British Retail Consortium (BRC) and accountants KPMG.
Novel food approval systems in Europe prevent the food industry from bringing new and exciting foods on to the market quickly, but could be about to change, according to one specialist.
Global agricultural yields are dropping and more farmer-focused research is urgently needed to strengthen sustainable food supply, according to an article published in Nature magazine.
Vegetable processor AB Produce claims efforts to eradicate unpleasant odours from its plant at Measham in Leicestershire have received poor support from the Environment Agency, despite spending millions to tackle the problem.
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’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.
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 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”.
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.
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.
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.
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.
Six people have been arrested in a police crackdown on illegal gangmasters exploiting workers in the vegetable processing sector in Norfolk and Suffolk.
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.
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.
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.
Morrisons’ outlook statement, accompanying its full-year results posted yesterday (March 13), was “truly awful”, according to leading City analyst Panmure Gordon.
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 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.
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.
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).
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.
Shropshire-based food and farming certification firm Organic Farmers & Growers has appointed Roger Kerr as its new ceo, following the death of its previous boss.
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.
Morrisons’ financial prospects continue to give “cause for concern”, a second city analyst has warned, ahead of the firm’s full-year results due to be revealed next week.
More needs to be done to improve the understanding of foodborne viral infections such as norovirus, hepatitis A and hepatitis E so that they can be better prevented and controlled, according to scientific experts who advise the Food Standards Agency (FSA).
Almost 90% of UK consumers have pledged to pay more for Fairtrade bananas, if the extra cost benefited farmers and workers’ lives, according to a new survey by the Fairtrade Foundation.
Online retail giant Amazon is poised to deliver “a fresh approach” to the UK grocery market, with online sales of fresh, chilled, frozen and ambient food products delivered direct to customers, predicted Charles Wilson, Booker chief executive.
A giant billboard made from over 5,000 bananas has been unveiled on Clapham Common, London in a bid to end retailer price wars trapping thousands of banana workers in poverty.
Tesco’s UK business prospects are making City analysts at Shore Capital nervous, as the retail giant faces “a multi-year job” in reviving its fortunes.
