Mitre 10 acquisition strengthens Metcash against Coles and Woolworths
Metcash, which supplies IGA supermarkets, has completed its acquisition of 100 per cent ownership of hardware chain, Mitre 10. Following the plans announced last month, Metcash said it would raise up to $375 million by issuing new shares to bankroll growth opportunities. Metcash paid approximately $46.5 million to move from 50.1 per cent of ownership to 100 per cent ownership of Mitre 10. CEO of Metcash, Mr Andrew Reitzer, said he was delighted to have acquired the balance of Mitre 10. “Mitre 10... Read more »
Challenge posed by mistrust of online food nutrition information, new Australian studyConsumers are increasingly turning to the internet for information about food products, but a report released today says that traditional printed information is still more trusted than online sources, such as social media and smartphone applications. A survey conducted by Melbourne’s RMIT University and not-for-profit standards organisation, GS1 Australia, quizzed consumers about the information they seek when shopping for food products and the channels they trust to deliver this information.... Read more »
GS1 announces Global Product Recall StandardGS1, the not-for-profit organisation that designs and manages the global barcode and logistics system for supply chain standards, last week announced the agreement of a new global product recall standard, along with an implementation guide for multi-jurisdictional recall notifications. This new standard will provide a common-sense blueprint enabling all supply-chain stakeholders to implement more effective product recall processes and notifications. The standard defines and standardises the vital... Read more »
Manufacturer of Qantas flight snack issues media statementFollowing an incident involving contamination of a snack on-board a Qantas flight this week, manufacturer, The Sydney Biscuit Company, has issued a media statement. The Sydney Biscuit Company stressed that the company treats the integrity and quality of its branded products with the highest levels of importance and critical management. The affected product was an individual portion of Trail Mix manufactured by The Sydney Biscuit Company. The Sydney Biscuit Company’s CEO, Harvey Crabtree said, “This... Read more »
“Carbon neutral” first for República CoffeeRepública Coffee, known for its organic and Fairtrade products, has become the first Australian food company to be certified “carbon neutral” by Low Carbon Australia. The Carbon Neutral Program is a voluntary scheme which encourages Australian businesses to measure, reduce and offset greenhouse gas emissions associated with business operations or products. The program is administered by an organization called Low Carbon Australia, on behalf of the Australian Government. Other major Australian... Read more »
Smallgoods manufacturer takes corrective measures after $50, 000 fine for machinery injuryGeorge Weston Foods, one of Australia’s largest food manufacturers, was fined $50, 000 after a faulty machine left a woman with burns to her hands and crush injuries. The company pleaded guilty at Castlemaine Magistrates’ Court to the offence of failing to provide a safe plant. The incident occurred on July 20, 2010 when the woman was packing frankfurts onto a processing machine. The woman switched the machine off after some plastic wrapping got caught in the guarding. The guarding had been removed,... Read more »
New Bird Flu concerns: Should Australians be more prepared for a Pandemic?This article has been written as a special briefing for Australian Food News readers on an important topic. The author Joe Lederman is the Managing Principal of FOODLEGAL. He is both a specialist lawyer and strategic consultant for food suppliers. He has expertise in food regulatory compliance and marketing law and is involved in all food sectors. Experts from the World Health Organisation and the United Nations Food and Agriculture Organisation are warning governments around the world... Read more »
Former Myer manager takes up Woolworths director roleAustralian supermarket chain Woolworths has announced that Penny Winn will be rejoining the company as Director Multi-Channel. The role involves driving Woolworths’ sales through online and mobile devices. In this new role Penny will consolidate Woolworths’ fastgrowing multi-channel strategies and help drive our online offers across all trading divisions. She will also take responsibility for customer engagement and analytics, including the supermarket chain’s Everyday Rewards program. Deputy... Read more »
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