The latest grocery share figures from Kantar Worldpanel, for the 12 weeks ending 22 June 2014, show market growth bouncing back to 2.8% from last period’s historic low of 1.7%.
Kroger Co said on Wednesday it would buy Vitacost.com Inc, a health products retailer, for about $280 million in a bid to expand its presence in the profitable health and wellness niche popularized by Whole Foods Market Inc.
More effort will be made to speed up China's agricultural modernization, ensure the nation's food security and increase farmers' incomes, Chinese Vice Premier Wang Yang said on Tuesday.
Private-equity firms KKR & Co LP and TPG Capital are among the groups looking to buy a majority stake in food retailer Kuwait Food Co SAK, better known as Americana, Bloomberg reported
Supermarket giant Coles has categorically denied claims it’s engaged in unconscionable conduct by forcing suppliers to pay additional rebates for a new supply chain program.
Australian experts say a plan for the nation's north to become a food bowl for Asia's growing middle class is not realistic, local media reported on Monday.
China intercepted 225 batches of substandard food imports and rejected them from the domestic market in May, the country's leading quality watchdog said on Monday.