Japanese brewer Kirin Holdings has reported a 16 per cent drop in operating profit as the exchange rate hurts their Australian operations and Japanese consumption remains subdued. Despite the drop in profit,...

Updated 10:00am Monday August 10 Australia’s largest specialty chicken retailer, Lenard’s, yesterday announced that the gross profit of its franchised stores rose to 52.44 per cent in the...

Fonterra is voluntarily recalling Norco 2 litres Vanilla Custard and Hastings Valley Dairy 2kg (2 litres) Vanilla Custard from New South Wales, and Norco 2 litres Lite Reduced Fat Custard from New South...

Kirin’s Australian operations will soon be renamed Lion Nathan National Foods Pty Ltd, provided shareholders of brewer Lion Nathan accept their takeover proposal. The Japanese brewer’s plans...

Morrisons become the latest UK supermarket forced to pull an advert comparing its prices to those of rivals today (5 August), after the UK ad watchdog upheld a complaint that the marketing material was...

Retail Food Group, one of Australian’s largest retail food brand managers and franchisors, has today announced a 33 per cent surge in net profit after tax as consumer demand for comfort food fails...

Food and beverage firm National Foods has signed one of the largest logistics contracts in the Australian food and beverage sector. The owner of the Dairy Farmers, Yoplait, and Pura brands announced the...

Kraft Foods has announced an 11 per cent hike in profits for the second quarter, topping estimates from analysts and leading to an upgrade of their full-year forecasts. Revenues declined, however, pushed...

PepsiCo, one of the world’s largest food and beverage manufacturers, has announced an improved takeover offer has been accepted by the Boards of their two largest bottlers. Pepsi Bottling Group and...

While food prices have moderated in recent times, consumers have still shown a heightened preference for ‘penny pinching’ grocery strategies, according to research from the UK. A study from...