Manufacturers

Companies increasingly see sustainable supply as a future risk to business

Sustainable supply seen as emerging future risk for food companies

By Caroline Scott-Thomas

Food safety, quality and financial issues are considered the top three risks to business for most food companies, but sustainable supply is emerging as a growing area of concern, according to a new survey from DNV Business Assurance.

McKee Foods secures Drake’s portfolio as Hostess cancels auction

McKee Foods secures Drake’s portfolio as Hostess cancels auction

By Elaine WATSON

It’s too early to say when Devil Dogs and Ring Dings will be back on shelves, but they - and other brands in the Drake’s snack cake portfolio - will likely be produced in plants in Collegedale, Tennessee and Stuarts Draft, Virginia, says new owner McKee...

Take Twinkies into dollar stores, says analyst

How will new owners stage a Twinkies revival?

By Kacey Culliney

Apollo and Metropoulos will have to work hard to drive forward Hostess’ snack cake brands in a saturated market but dollar stores could hold promise, an analyst says.

ABF calls Oxfam food ethics attack ‘ridiculous’

ABF calls Oxfam food ethics attack ‘ridiculous’

By Shane Starling

Associated British Foods – worst-in-class in an Oxfam report critical of 10 food giants for essentially operating under a corporate social responsibility (CSR) “veil of secrecy” – has hit back, slamming the report ‘s findings as “ridiculous”.

Grupo Bimbo posts another net profit slump for Q4

Grupo Bimbo Q4 net profit plunges 81%

By Kacey Culliney

Increased financing costs and higher tax rates caused a plunge in net profit for Mexican bread titan Grupo Bimbo in the fourth quarter (Q4) of 2012.

Nestlé CEO Paul Bulcke

Nestlé reports slower growth, expects challenging year ahead

By Caroline Scott-Thomas

Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.

Allied says there are opportunities in the roll segment

Allied Bakeries invests in ‘healthy white’ bread

By Kacey Culliney

UK firm Allied Bakeries has launched a high fiber white bread loaf and roll line under its Allinson brand to target huge opportunities in the healthier white segment, its brand manager says.

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