Monday, November 18, 2024

News & Latest Stories

PEP’s Pinnacle acquires Allied Mills

Funds advised by Pacific Equity Partners (PEP) have reached an agreement with GrainCorp and Cargill to acquire their Allied Mills joint venture, which will be integrated with PEP’s Pinnacle Bakery and Integrated...

Vegan food launches soar since 2014: Mintel

Research from Mintel reveals a 92 per cent increase in the number of food products launched with a vegan claim between 2014 and 2016, while one in eight carried a vegetarian claim. According...

McCormick predicts the future of flavour

Global flavour specialist McCormick & Company has released its annual Flavour Forecast, identifying the cutting-edge flavours that it predicts will inspire professional and home chefs in the year ahead. The annual report has...

AFGC CEO resigns

Australian Food & Grocery Council CEO Gary Dawson will step down in March. “Gary has advised the board that he believes it is the right time to pursue a new career opportunity and...

Modest grocery performance despite online sales spike

Grocery sales over the 2016 Christmas period were well below the annual growth rate, while online sales were significantly higher than the year before, according to Nielsen data. Online grocery sales rose by...

Temporary uplift in retail on the cards

The latest AFGC CHEP Retail Index predicted an uplift in retail turnover growth over the December quarter, followed by a return to the previous trend of slowed growth in the first few...

ALDI closes in on rivals in fresh veg

ALDI is narrowing the gap between it and major Australian retailers in the fresh produce category, according to a new perception study. Australian shoppers ranked the value of fresh vegetables at ALDI as...

Woolworths’ brand value is slipping

The total value of the 100 most valuable Australian brands is nearly $143 billion, according to Brand Finance’s annual league table, with retail brands comprising just 19.3 per cent. Brand Finance calculates the...

ALDI expands in SA and WA

ALDI is to open an additional 10 stores in South Australia and 14 in Western Australia this year. This will bring its total number of stores in SA to 28 and in WA...

Kollaras welcomes Briar Ridge to its portfolio

With growth in Hunter Valley wines, the five-star James Halliday rated boutique winery Briar Ridge is welcomed into the Kollaras portfolio. Kollaras Group Managing Director John Kollaras acknowledges it can be challenging for...

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