Author name: Warren Beaumont

Monde Nissin snaps up Menora, Betta sold to Prydes Confectionery

Leave a Comment / Confectionery /

Philippine food group Monde Nissin Corporation snapped up its third Australian food and beverage manufacturer and wholesaler in six months late last week with the acquisition of food wholesaler and maker Menora Foods for an estimated $55 million. The company will trade as Monde Nissin Australia. This follows from Monde Nissin’s acquisition of Black Swan […]

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Dairy desserts consumption falls, better brand differentiation needed

Leave a Comment / Category insights, General/grocery /

Almost 3.2 million Australians (14+) eat a packaged dairy dessert such as a custard, mousse, chocolate pudding, creamy rice or fruity whip in an average four weeks, but maybe not necessarily for dessert, Roy Morgan Research said. According to a Dairy Australia’s 2014 focus report, dairy desserts are a low volume/high value dairy category with

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Dispute resolution role welcomed for new Family Enterprise Ombudsman

Leave a Comment / Business matters /

The Government has released exposure draft legislation to establish an Australian Small Business and Family Enterprise Ombudsman that will ensure that disputes brought forward will be impartially resolved according to the facts. The establishment of the Ombudsman’s office was welcomed by the CEO of the National Retail Association, Trevor Evans. The Ombudsman will also act

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Costco grabs grocery market share, Australia to add two warehouses

576 Comments / Other FMCG Retailers /

With Woolworths set to ramp up the supermarket price war with rivals Coles and Aldi to win back sales, Costco Australia managing director Patrick Noone said that the warehouse retailer has been competitive since it opened but that nothing extraordinary has yet been seen on grocery prices. Mr Noone’s comments came as chairman of competition

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WCB takes big bite of Lion Dairy cheese for $138m

1,167 Comments / Business matters, Food, Supplier news /

Lion Dairy & Drinks has agreed to sell its major cheese brands to Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB) for $137.5 million. According to Lion Dairy & Drinks managing director Peter West, the company aims to invest more in its milk-based beverages, specialty cheese and yoghurt brands such as Dare iced coffee

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Government’s food labelling push gains blast from industry chief

47 Comments / Business matters, Food, General/grocery /

The Australian Government will ensure consumers have access to clear, consistent and easy-to-understand Country of Origin food labelling (CoOL) through changes that will allow for more informed choices, according to a Government working group. But Australian Chamber of Commerce and Industry CEO Kate Carnell said that changing the product labelling rules relating to country of

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Is United Petroleum set for a $1bn float or partial sale?

Leave a Comment / Petrol, Retailer news /

United Petroleum is marketing a public float or 50% sale of the company and may forge ahead with a public listing on the Australian Stock Exchange later in 2015, according to media reports, while higher valuations are being seen in the petrol retail market. According to Fairfax’s Business Spectator online, the move by the leading

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Food, supermarket retail sales flat, hospitality gains January boost

48 Comments / Business matters /

Despite the trend estimate for supermarket, grocery and convenience stores rising by only 0.1% and other specialised food retailing by 0.1%, overall retail trade rose 0.4% seasonally adjusted helped by lower petrol prices, while café, restaurant and takeaway trade gained a 2.0% boost. ARA executive director Russell Zimmerman said retailers reported strong sales in the

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Fair deal for suppliers when Grocery Code of Conduct becomes law?

26 Comments / Business matters, Retailer news, Supplier news /

The Food and Grocery Industry Code of Conduct, which provides for tough restrictions on retrospective and unilateral variations to grocery supply agreements and a dispute resolution process between suppliers and supermarket giants Coles and Woolworths, moved forward this week after it was tabled in Parliament. The long-awaited Food and Grocery Industry Code of Conduct is

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Coles Express sees store sales grow, petrol down

Leave a Comment / Petrol, Retailer news /

Coles’ half-year 2014 sales were driven by good result from its supermarket stores, while in the convenience sector, Coles Express saw higher merchandise sales offset by lower fuel volumes and prices. In convenience, store sales increased 8.1% per cent, while fuel volume growth fell by 6.9% for the half year. “Lower fuel volumes were due

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Kellogg’s shifts breakfast from diet to wellness

1,081 Comments / General/grocery, Snacks, Supplier news /

The Kellogg Company revealed in mid-February that it plans to shift its breakfast cereals to meet consumer demand for foods with healthier and simpler ingredients and launch a new healthy cereal, muesli and granola line called Origins in mid-2015, following its launch of a new gluten-free Special K in the U.S. The move came after

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Nestle aims for 5% growth, strengthens China, US strategies

Leave a Comment / Supplier news /

Despite announcing lower than expected sales increases for full-year 2014, Nestle SA net profit rose CHF 4.4 billion to CHF 14.5 billion, with the company remaining focused on its business long term and strengthening the foundations of future growth, while aiming to achieve organic growth of around 5% for 2015. Global sales for full-year 2014

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On the go food boom sees convenience stores in winning position

662 Comments / Food, Retailer news /

Sales of on-the-go foods through convenience stores and supermarket outlets are increasing, visits to US convenience stores for prepared foods up 3% and visits to supermarkets up 1% in 2014 according to new data released in the US market. The competition onslaught has seen Quick Service Restaurants like McDonald’s increasingly turn to healthier foods and

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