Lenta, the Russian supermarket operator, has announced that it has been given the green light from regulators to buy the local operations of Billa, the Austrian-based supermarket group.
Digitisation in Asia’s food sector is continuing apace with a recent initial public offering and a round of funding indicating that investors have a big appetite for high-tech companies in the sector.
Sales of frozen food in the UK have declined sharply in the 12 weeks to June 13 - down 5.7% in value and 7.1% in volume, according to latest figures by Kantar, and across the U.S. and Europe, sales are starting to struggle as Covid restrictions ease. Until recently, frozen food was outperforming all other…
PepsiCo is selling its Tropicana, Naked and other select juice brands in North America, with an option to also dispose of certain juice businesses in Europe, to PAI Partners for about $3.3 billion (€2.78bn).
Discussions about an Europe-wide system for food eco-labels, which is due to be introduced by the end of 2022, are continuing to take place amongst officials.
Seafood companies who invested heavily in e-commerce during the global pandemic will continue to reap the benefits as innovations such as online deliveries and apps are here to stay, according to the UK’s non-departmental public body Seafish.
Kantar has reported that the UK fresh primary meat and poultry category continued to decline across both spend and volume through the 12 weeks ending July 11, 2021, with year-on-year drops of 9.7% and 9.5% respectively, driven by beef and pork.
The second part of the National Food Strategy (NFS), a UK government-commissioned independent review, was published in July. It is an important work that both food growers and manufacturers will need to digest as its influence is expected to be long-lasting. Organic farming and the concept of ‘working with nature’ through processes such as carbon…
X-Prize, which aims to promote alternative proteins to help feed the world’s growing population, has announced that eight alt-seafood producers that have reached its semi-finals.
