Industry Developments

Nestlé Waters Direct, which provides bulk deliveries of water to homes and offices, has announced that it will build a new water plant in Portugal to supply both the Portuguese and... 2008-07-08

Upmarket food retailer Marks & Spencer has issued a profits warning after experiencing a 'marked deterioration in sales' in the 13 weeks to June 28. The firm reported that like-for-like... 2008-07-04

According to reports in the local Greek press, Germany-based discount operator Aldi is preparing to open its first stores in the country in September or October this year. The firm... 2008-07-03

The merger of Tengelmann and Edeka's discount operations has been conditionally approved by Germany's federal cartel office. However, the competition watchdog has imposed three key... 2008-07-02

The merger of Tengelmann and Edeka's discount operations has been conditionally approved by Germany's federal cartel office. However, the competition watchdog has imposed three key... 2008-07-02

Irish food group Greencore has uncovered a EUR12mn fraud at its Scottish mineral water division. Greencore claims that a former financial controller at the Campsie Spring mineral... 2008-06-30

The European Commission (EC) has announced it will refer Italy to the European Court of Justice, Europe's highest court, over the labelling of 'pure chocolate' products. The Commission... 2008-06-27

French retailer Carrefour has announced a major overhaul of its Champion-bannered supermarkets. The firm suggests that the revamp, which includes rebranding the stores with a new... 2008-06-26

South Korea's Lotte Confectionery has announced it will acquire Belgium-based chocolate maker Guylian for EUR105mn (US$164mn). The move represents Lotte's first foray into the competitive... 2008-06-25

SPI, the Russian group that controls the distribution rights for Stolichnaya vodka is reportedly exploring its options for the brand. According to the Financial Times, the firm has... 2008-06-23