Tesco reports first profits fall in 18 years ‘after running too hot’
Supermarket giant Tesco has reported its first profit fall in 18 years, as its chief executive Philip Clarke said the UK business had been “running too hot”.
Archives for October 2, 2012
Premier Foods appoints Geoff Eaton as chief operating officer
Britain’s biggest food manufacturer Premier Foods has appointed Geoff Eaton, formerly ceo of Uniq, as chief operating officer and executive director to “accelerate transformation” within the debt-laden giant.
Labour Party Conference
Food manufacturers should share research: Shadow DEFRA minister
The food and drink industry received its fair share of attention - and plaudits - at the Labour Party Conference in Manchester this week. It was held up as rare success story in tricky economic times by shadow secretary of state for the Department for...
Food manufacturing: who pays for sustainability?
As sustainability continues to rise up the corporate agenda, Ireland has ambitious plans to become a world-leader in the production of sustainable food through its Origin Green initiative.
Labour Party conference
Back British food manufacturers call from shadow DEFRA secretary
Food manufacturers should be given a business boost from a government commitment to only buy foods produced to British welfare standards, according to Mary Creagh, the shadow secretary of state for the Department for Environment, Food and Rural Affairs...
Sainsbury outperforms rival Tesco
Britain’s third-largest supermarket Sainsbury reported total sales for second quarter up 4.3% and like-for-like sales up 1.9 %.