Spar, the Dutch founded international retail chain which specialises in convenience stores, said today that turnover for 2013 in Spain topped €1.3 billion.
Global oil prices jumped this week on keen US demand and geopolitical worries, while coffee and sugar soared on weather-related supply fears in Brazil.
Tesco has held preliminary discussions with BC Partners about a merger of the two parties' Turkish supermarket assets, in a move that would reduce Tesco's exposure in Turkey.
Over the past three years, Agricultural Trade Office (ATO) has been conducting a broad-based effort to build markets for U.S. ingredients in China's fast-growing food manufacturing sector.
ATO and Food Export Northeast have been working with a U.S. manufacturer of ice cream to build a market that has reached an annual value of $2.7 million.
Wal-Mart Stores Inc, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.
Asda, the UK's second largest supermarket chain, saw comparable store sales fall 0.1% in the 13 weeks to January 3, leaving overall full-year sales 0.5% higher.
The Chinese government announced on Wednesday (19 February) a pork purchase plan to stabilize depressed prices, as production of live pigs remain high.
The packaged dairy food market in the US will register a compound annual growth rate (CAGR) of 10.9% by 2017, in comparison to a CAGR of 8.6% during 2007-2012, finds a report by Canadean.
The Consumer Price Index for food and beverages rose 0.4% in January, finishing at 238.8, which compared with 237.8 in December and 237.6 in November, according to the Bureau of Labor Statistics of the Department of Labor.
French food group Danone said group sales growth would accelerate in 2014 as a recovery in European dairy gathers momentum and that it aimed to return to strong profitable growth from the second half of the year.
