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Iconic Australian juice brand Nudie sold for $80 million

Nudie’s chief executive James Ajaka last week confirmed the company’s sale to Philippines-based food company Monde Nissin Corporationfor around $80 million. “Monde Nissin are a group of people that share very similar values to us and have the resources required to take our much loved Nudie to the next level both in Australia and also

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Coca Cola Life in “world’s smallest and prettiest” launch

Ahead of a Norway-wide February launch of Coca-Cola Life, the tiny Norwegian fishing village of Reine was treated to the launch of Coca-Cola Life, described by Anne Marit Ihlen, marketing manager, Coca-Cola Norway as the “smallest, prettiest and probably windiest launch in Norwegian history”. The entire village was invited to a special tasting party at

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Channel diversification the key to private label led price spiral

Channel diversification into petrol and convenience stores and unique product attributes linked to strong brands are ways for suppliers to maintain profits in the downward price spiral of a private label world, said Dr David McKinna of McKinna et al Strategic Insights. Dr McKinna said that private label (PL) now offers real value, being a

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Industry sees high costs, job threats in NSW drinks deposit scheme

An alliance of industry associations are concerned over the high costs and threat to jobs of a New South Wales drinks container deposit scheme (CDS) that could impact on drink sales through convenience stores. The government invited industry players to participate in discussions over the introduction of a CDS. However, it is not known if

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Supermarket price wars, labour costs close Dairy Bell ice cream

Small Melbourne-based ice cream maker Dairy Bell Ice Cream will close its Melbourne and Sydney factories on 27 February after 44 years of manufacturing ice cream in Australia and selling into independents such as convenience and grocery stores. The manufacturer of mainly take home ice cream cited the supermarket “ice cream wars” as a major

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Liquor stores penalised as NSW Christmas trade goes 24/7

While eligible retailers in New South Wales were allowed to trade 24-hours-a-day in the two weeks before Christmas from December 11, packaged liquor stores outside hotels are not allowed to trade as an exempt retailer on restricted trading days such as Boxing Day, denying customers the convenience of shopping at local liquor stores. Over 1,000

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Coles admits unconscionable conduct in supplier dealings

Coles has made a number of admissions of unconscionable conduct in relation to certain dealings with suppliers and agreed to make a legal settlement with competition regulator the Australian Competition and Consumer Commission (ACCC). Coles unconditionally apologised and said it accepts full responsibility for its actions in several supplier dealings that led the ACCC to

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Two new senior appointments at Patties Foods

Patties Foods – a leading Australian-owned frozen food company and well known supplier of convenience store favourites such as the iconic Four’N Twenty meat pies, pasties and sausage rolls – has appointed two new senior team members. Bethaney George, has been appointed General Manager, In-Home; and Stuart Smyth, General Manager, Marketing & Innovation. Both Bethaney

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