The possibility of conservative festive season spending will not have an impact on the food industry, according to market researchers IBISWorld, with supermarkets expected to be among the biggest winners.
IBISWorld...
ASX-listed Retail Food Group has told shareholders that they expect a 10-15% increase in profit for the first half, while expansion activity continues apace with a deal to acquire a Donut King competitor...
The Australian banana industry is meeting with chewing gum maker Wrigley’s today over a dispute regarding an advertisement for chewing gum.
The ad, promoting plaque-fighting gum, groups bananas in...
Most of the suppliers of milk to National Foods in Tasmania are yet to sign agreements with the dairy firm, despite the deadline for the offer ending this afternoon.
The collective bargaining group maintains...
The Vegemite cream cheese spin-off has yet to hit shelves under its new name almost two months after the public voted to name the product Cheesybite, but Kraft has dismissed claims that slow sales are...
Global convenience retailer 7-Eleven is looking to continue their private label push with the creation of a new position – senior product director for private label products. Tom Gerrity, who has...
The Hershey Trust, the controlling shareholder of the US chocolate maker, has reportedly asked law makers in Pennsylvania to allow the company to potentially bid for Cadbury.
According to the Wall Street...
The National Australia Bank (NAB) Agribusiness Commodities Wrap released today forecasts the Australian dollar to peak above parity with the US dollar, limiting the impact of rising soft commodity prices.
Commodity...
One of Queensland’s biggest pig processors will shut today, with the KR Castlemaine factory closing down in Toowoomba.
The 98-year-old abattoir was acquired by George Weston Foods’ subsidiary...
McCain Foods appears certain to continue with plans to close their vegetable processing plant in Smithton, Tasmania after a last-ditch bid by Tasmanian Premier David Bartlett to change the manufacturer’s...
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