Coca-Cola Global operations have beaten second-quarter earnings expectations. The increase has lead to revised revenue forecasts for 2019. Higher than expected sales of ‘Zero’ drinks, in addition...

It is no great surprise to me that Westfarmers are spinning off the Coles supermarket business, and associated liquor and variety businesses. It also makes sense that they are keeping Officeworks and Bunnings,...

Woolworths has announced a comparable food sales growth of 4.9 per cent in the first three months of the 2018 financial year. The supermarket giant said its sales in the 14 weeks to October 1 2017 totalled...

Owner of Crust Pizza, Donut King and Gloria Jean’s Coffee, Retail Food Group, has experienced a significant drop in its share price with the company attributing the fall to UBS reports. RFG, which owns...

A group of Woolworths shareholders may soon launch class action against the supermarket and retail giant for its 13.7 per cent share dive on the back of its 2015 profit downgrade. The class action is being...

Canadian dairy company, Saputo, will be acquiring the remaining share in Warrnambool Cheese and Butter (WCB) it does not already own. Saputo has owned 88.02 per cent of WCB since 2014 when it acquired...

Regular readers of Australian Food News are well aware of Woolworths’ recent travails. From its failed venture into hardware through Masters to other failed management strategies, Woolworths over the...

Coca-Cola and Pepsi Co. have revealed some of their respective plans for global market dominance in 2016.   Coca-Cola has kicked off 2016 with a new global marketing campaign called “Taste that...

Fonterra has increased its forecast earnings for the 2015 financial year.   The co-operative is now expecting to pay farmers $4.95-5.00 per kg of milk solids.   Chairman John Wilson said performance...

The recent disappointing financial results of Woolworths might not appear encouraging, but that is not the view of some expert analysts.   There are numerous factors that may well fall into place....