Australian bakery chain, Brumby’s Bakery, has fired a pot shot at Australia’s largest bread manufacturer Goodman Fielder in response to recent reports that Goodman Fielder is considering extending the shelf-life of its bread. Results of a survey commissioned by Australian bakery chain, Brumby’s Bakery, were released today. The survey results suggest that Australian consumers are concerned about additives in the bread they purchase. The survey was undertaken by market research company ‘arnold... ...Read more »

Woolworths Supermarkets has warned Australian bread manufacturing giant, Goodman Fielder, that any changes made to the shelf-life of its bread will be “taken seriously” by the supermarket chain. Woolworths statement came in response to reports this week that Goodman Fielder is considering extending the shelf-life of its bread using food technology to save money through a lower frequency of deliveries. Woolworths spokesperson Benedict Brook told Australian Food News, “Woolworths are the ‘fresh... ...Read more »

Australia’s largest bread manufacturer, Goodman Fielder, is reported to be reviewing alternatives to making daily deliveries of its bread to Australia’s supermarkets and extending the shelf-life of its bread products using food technology as part of a major cost-cutting exercise. With many Australian supermarkets now bake their own home-branded bread instore, external bakeries like Goodman Fielder are facing tough competition on price. As part of its Strategic Review, announced in August 2011,... ...Read more »

The giant Australian manufacturer Goodman Fielder today announced plans to merge its three retail-focused businesses in New Zealand. In August 2011, Goodman Fielder announced that it was reviewing its baking, dairy and home ingredients businesses in New Zealand following a shock 17.3% profit drop in 2010/11. In a statement released today, the company said it had concluded that the integration of the three businesses will improve interaction with its key customers, suppliers and other stakeholders... ...Read more »

New Zealand’s Commerce Commission has decided not to hold an inquiry into milk prices after arguing that there is enough competition at retail and wholesale level in the market. Dairy giant Fonterra, formed in 2001 to help promote New Zealand’s dairy exports, collects over 90 per cent of the country’s milk production and sets national prices. The Commission reviewed the way prices were set in New Zealand’s milk sector after complaints that retail prices were too high and... ...Read more »

Campbell Soup Co. has appointed former Coca-Cola Co. executive Gareth Edgecombe to the role of president of its operations in Asia-Pacific.Edgecombe will be responsible for the company’s Australian, Asian and Pacific operations, including the Arnott’s biscuits brand and Campbell’s soup. He will be based at Campbell Arnott’s regional headquarters in Sydney and will report to Mark Alexander, president of Campbell International. His appointment is effective from 8 August. Edgecombe... ...Read more »

The president of Campbell Soup Co.’s operations in Asia-Pacific is to join Goodman Fielder as the Australian food maker’s chief executive.Chris Delaney will take the top job at Goodman Fielder next month, replacing Peter Margin, who quit in January. Delaney joined Campbell in 2004 as vice president of sales. He became president of the soup maker’s operations in emerging markets in 2006. In October 2009, Delaney became president of Campbell’s Asia-Pacific unit. Goodman Fielder... ...Read more »

Bread giant Goodman Fielder has announced a reduction in its expected profits following a “soft” third quarter, with businesses affected by retailer competition between Coles and Woolworths, fallout from the floods, commodity costs and the high Australian dollar. “At the time of the release of the company’s Interim results, the company anticipated that NPAT for the year would be in line with the prior year’s normalised earnings. The company now expects FY 2011 NPAT to be in... ...Read more »

The chairman of Australian food manufacturer Goodman Fielder has warned that the company “continues to confront commodity cost pressures and significant price volatility”. In a letter sent to shareholders last week, Max Ould said the breads-to-spreads manufacturer said its “challenge” will be to recover the increases in the marketplace. However, he added that it will be “even more difficult” for Goodman Fielder to recover its cost increases “given the extreme... ...Read more »

Foodbank last night awarded its annual Foodbank Patron’s Award to partner Goodman Fielder Baking, in recognition of the company’s ongoing committment to food charity, particularly its ‘Daily Bread’ program. The award, presented in Sydney by Governor-General and Patron of Foodbank Australia, Her Excellency Ms Quentin Bryce AC, is given in recognition of a company that has demonstrated unrivalled commitment over time to Foodbank’s objectives and is an inspiration and role... ...Read more »