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Daily food news and comment - from just-food.com
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CAGNY: Campbell CEO Morrison sees new "culture of food"
Campbell Soup Co. CEO Denise Morrison has claimed the food industry has been slow to respond to a seismic shift in consumer attitudes and consumption patterns.
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BELGIUM: Cloetta sells unit to Katjes in wake of Leaf merger
Cloetta, the Sweden-based confectionery giant, has decided to sell a distribution unit in Belgium to German rival Katjes International.
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S AFRICA: Shoprite H1 earnings up after market share gains
South African retailer Shoprite has reported a jump in half-year earnings after increasing its sales and market share.
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S AFRICA: Retailer Massmart reports higher H1 profits
Massmart, the South African retailer in which Wal-Mart Stores owns a 51% stake, has posted higher half-year profits.
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THAILAND: John West owner Thai Union Frozen reports FY profit jump
Thai Union Frozen Products, the seafood giant behind John West tuna and salmon, has reported a leap in annual profits.
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UK: Loch Fyne Oysters MD outlines benefits of sale
Loch Fyne Oysters MD Bruce Davidson has insisted the sale of the UK firm to The Scottish Salmon Co.s investment vehicle will help the company grow and enter new markets.
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CAGNY: Smucker plans foray into speciality nut butters
US peanut butter maker JM Smucker has revealed that it is planning to branch out into speciality nut butters, with two significant product launches planned for the category.
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CAGNY: Smucker responds to volume pressure with value focus
JM Smucker has said it will focus on reinforcing the value of its brands to respond to the pressure on consumer spending in the US, which has hit volumes within its consumer foods business.
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CAGNY: Squeeze on volumes "industry-wide", warns ConAgra
ConAgra Foods CEO Gary Rodkin has warned that the pressure on volume sales in the US is being felt across the industry.
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PHILIPPINES: Casino inks distribution deal with Rustan's
France's Casino has struck a distribution deal that will see its own-label products available in the Philippines at stores operated by local retailer Rustan's.
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NZ: Milk firm A2 Corp. eyes growth as sales jump
New Zealand milk specialist A2 Corp. has expressed confidence in its plans to expand internationally as it booked near-50% jump in first-half sales.
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US: Snyder's-Lance to construct Pennsylvania R&D facility
US snacks firm Snyder's-Lance is to build a 60,000sq ft research and development centre in Pennsylvania.
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US: Malt-O-Meal switches name to MOM Brands
US cereal maker Malt-O-Meal has changed its corporate name to MOM Brands to reflect the company's expanding cold cereal business and its growing brand portfolio.
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UK: Mars ups investment in marketing, R&D
Mars Inc's chocolate arm has increased its investment in marketing and research and development in the UK, creating "several" new roles to drive innovation.
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US: Chiquita appoints Kocher to replace Sims as CFO
US produce group Chiquita Brands International has appointed a CFO to succeed Michael Sims who has left to join AdvancePierre Foods.
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US: Chiquita FY profits remain flat
US produce group Chiquita Brands International has posted flat profits for fiscal 2011 but said it plans to expand its Fresh Express business this year by growing its organic business.
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CAGNY: Kraft upbeat about brands in developed markets
Kraft Foods has insisted it will be able to drive continued strong growth in its "power brands" and grow its market share in developed markets like the US.
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US: Margin fears hit Wal-Mart shares
Shares in Wal-Mart Stores fell today (21 February) after the retail giant admitted price cuts in the US had led to lower margins from its local operations in the last quarter of its financial year.
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CAGNY: General Mills "confident" despite US volume disappointment
General Mills has insisted it is "confident" it can drive growth from its US business in the long term in spite of "disappointing" sales volumes in the market during December and January.
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Cheese in Asia, future for functional foods - just-food's research round-up
The Japanese and Thai cheese markets, the future for functional foods and consumer trends in China's soy market are the sector's featured in this week's just-food research round-up.
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