Gourmet chocolate continues to capture the attention of shoppers despite cost cutting caused by concerns about the economy. A new market research report released by Packaged Facts, Premium Chocolate in...

Premium alcoholic drinks producer Diageo has taken out the title of “Most Admired Company 2008” in a British poll of business peers. Diageo won the Management Today poll, which is conducted...

Retail sales jumped in the month of October, increasing by 0.7 per cent – which was well above expectations. The ABS data came out hours before the Reserve Bank of Australia decided to cut rates...

A new agreement between the European Union and Australia has been reached to govern the wine trade between the EU and Australia. The agreement, signed in Brussels yesterday by EU Commissioner for Agriculture...

Grocery and liquor wholesaler Metcash Limited has seen profit fall 7.1 per cent in the six months to October 31, 2008 due to a one-off interest hedging termination cost, but profit after tax and pre non-recurring...

Golden Circle shareholders have revealed their overwhelming support for the takeover proposed by food manufacturer Heinz. The H.J. Heinz Company Australia Limited (Heinz) made a $288m bid for Golden Circle...

Australia’s largest consumer organisation, Choice, has announced that Nick Stace, the former deputy CEO of UK consumer group Which?, will take over the reins at the consumer group’s Sydney...

Dairy innovation has been a key driver of growth over recent years and it is set to be strengthened with grants to encourage new product development and shape the future commercial success of the Australian...

American households without children spent considerably more on vitamins, liquor and wine than the average American household during the 52 weeks ending June 28, 2008, according to Nielsen data.’Households’...

Australia’s largest supermarket operator, Woolworths, has unveiled a scheme to their employees that will allow staff to use their pretax salary dollars to spend up to A$1000 each at Woolworths outlets...