Industry Developments

On June 19 Mexico became the latest Latin American country to announce a wide-ranging system of price freezes in an attempt to stem rampant food price inflation. The announcement... 2008-06-23

The circumstances of US confectionery firm Hershey and US brewer Anheuser-Busch are remarkably similar. Both operate in a mature domestic market and failed to use their size advantage... 2008-06-19

Serious flooding in the major US corn-growing region has caused a spike in the price of corn and raised concerns about the impact on food and drink firms. The event is likely to put... 2008-06-18

The CEO of Multinational retailer Carrefour has revealed that the Atacadão chain of cash and carry stores, which it acquired just over a year ago, represents a business model that... 2008-06-17

Brazilian meat and dairy group Perdigao is continuing to invest to consolidate its position as one of the leading dairy producers in Brazil. In the last two years, Perdigao has been... 2008-06-16

The CEO of Schwarz Gruppe, which owns the Lidl chain of discount stores, has revealed that the firm wishes to gain a foothold in the US by 2012. With the US economy currently subdued... 2008-06-13

US-based fruit firm Fresh Del Monte Produce Inc has announced the purchase of the Caribana group of fruit firms in Costa Rica for US$403mn. The group includes banana producer Desarollo... 2008-06-12

Jam and peanut butter maker J. M. Smucker Co has agreed to acquire the Folgers coffee brand from its current owners Proctor & Gamble (P&G) in an all share deal. The deal,... 2008-06-05

On April 10 2008 the US House of Representatives voted to indefinitely delay the implementation of the United States-Colombia Trade Promotion Agreement. The move effectively delays... 2008-06-04

Coca-Cola Enterprises (CCE), which is the world's largest Coca-Cola bottler and operates in North America and Europe, has been forced to issue a profits warning for the second quarter... 2008-06-03