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Daily Insights and Food Industry News

REWE AND TRIGO JOIN TO CREATE CHECKOUT-FREE SHOPPING EXPERIENCE IN COLOGNE

29 Oct 2021  Read: 2 min.
Rewe, the German supermarket group, is offering shoppers a checkout-free shopping experience at a store in Cologne thanks to a tie up with Trigo, the Israeli technology company.

SUSTAINABILITY SHOULD BE KEY FOCUS OF CHINA’S FOOD IMPORTS, STUDY SAYS

29 Oct 2021  Read: 3 min.
An increasing focus on sustainability is needed in China’s food imports, researchers have said, because the country’s rising living standards will lead to an increase in the demand for animal products.

ABOVE FOOD ACQUIRES ATLANTIC NATURAL FOODS IN $30 MILLION DEAL

28 Oct 2021  Read: 3 min.
Canadian, vertically integrated, company Above Food has signed an estimated £30m deal with Atlantic Natural Foods to acquire its Loma Linda, Tuno and Neat brands.

KIND PROMOTES STOKES TO CEO OF NORTH AMERICA WITHIN 6 MONTHS

28 Oct 2021  Read: 2 min.
Kind has appointment its former chief growth officer Russell Stokes to the post of North America CEO, reporting directly to the company’s global president and CEO Juan Martin.

INTERMARCHÉ TOPS RANKING OF THE BIGGEST OFFERS AVAILABLE IN FRENCH SUPERMARKET GROUPS

27 Oct 2021  Read: 3 min.
A new ranking has compared French supermarket groups to see who offers the biggest number of deals, as people in France say they are feeling the pinch.

FARM TO FORK STRATEGY GETS THUMBS UP AS MEPS VOTE HEAVILY IN FAVOUR

27 Oct 2021  Read: 2 min.
The European Union Farm to Fork strategy, an initiative designed to cut food waste, preserve biodiversity, reduce the spread of disease and phase out cages for animals, has been given the thumbs up by the European Parliament.

ACTION NEEDED TO CURB INFLATION OF UK FOOD PRICES, WARNS FDF BOSS

26 Oct 2021  Read: 3 min.
The UK risks returning to record rates of inflation not seen since the 1970’s if urgent action to curb inflation isn’t taken soon. So says the outgoing chief executive of the Food and Drink Federation (FDF), Ian Wright, speaking to the Business, Energy and Industrial Strategy Committee on 19 October.

LVMH’S MOËT HENNESSY INVESTS €20 MILLION IN NEW CHAMPAGNE RESEARCH FACILITY

26 Oct 2021  Read: < 1 min.
The wines and spirits division of French luxury group LVMH has inaugurated a new centre to study all aspects of viticulture in relation to Champagne production. The category is core to the drinks division which generated sales of €4.8 billion in 2020.

FETZER BOOSTS ‘CLIMATE SMART’ POSITIONING WITH SOARING B CORP SCORE OF 130

25 Oct 2021  Read: 3 min.
California’s Fetzer Vineyards has scored a high 130 in a new B Corp evaluation reflecting the wine company’s ongoing commitments to regenerative agriculture and climate-related practices.

MAJOR FIRMS SIGN UP TO AUSTRALIAN FOOD PACT, WHICH AIMS TO HALVE WASTE BY 2030

25 Oct 2021  Read: 2 min.
Some of Australia’s largest food companies have signed up to a scheme that aims to cut the country’s food waste by half over the next decade.

COSTCO PROMISES MORE STORES FOR CHINA AFTER SUCCESSFUL DEBUT IN SHANGHAI

22 Oct 2021  Read: < 1 min.
The wholesale market in China is booming and one company performing well is Costco. The US chain announced that its first store in China, which opened in Shanghai in 2019, had first-year sales of €266 million.

CHILE’S SALMON AND TROUT EXPORTS SURGE 33% AS PRICES RECOVER

22 Oct 2021  Read: 2 min.
Chile experienced a one third increase in the value of its salmon and trout exports in the third quarter of this year, according to newly released figures.

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