Food
Danone is looking for a new CEO with immediate effect. The contested Emmanuel Faber will, however, keep his seat as chairman of the food giant.
» Read more
HelloFresh ended the year very strongly and saw its sales more than double last year. In 2021, the meal-kit delivery company expects a growth of 20 to 25 per cent.
For the first time in over twenty years, Ter Beke has suffered a loss. Due to the Covid crisis, consumers mainly cooked at home, which came at the expense of the fresh food group's ready meals.
This week, Amazon is said to open its first cashless Go in the UK. The convenience store would reportedly open in the West London district of Ealing.
Plant-based food products have seen double-digit growth in the Benelux over the past two years. Meat alternatives represent the largest segment, but new categories such as plant-based yoghurt and vegan cheese are growing the fastest. Discounters are catching up.
Yesterday, Beyond Meat announced slightly disappointing quarterly results. Alongside these results, the producer of meat alternatives announced new deals with McDonald's and Yum!, the owner of KFC and Taco Bell, among others.
Vivera, the Dutch producer of meat substitutes, could go into the hands of a new owner. Negotiations are said to be already underway.
Following the French court case against Intermarché for possible abuse of power, retail organisations are reacting with concern: purchasing alliances promote competition and keep consumer prices down, they argue.
Greenyard continued its growth unabatedly in the third quarter of its broken financial year. The fruit and vegetable business is optimistic about the future and continues to work on reducing its debt.
Due to the corona crisis, AB InBev sold significantly less beer in 2020. Profits also decreased significantly. Nevertheless, the brewer was able to grow again in the second half of the year.
French retail group Casino performed better than expected last year: thanks to the corona crisis, sales at convenience stores and e-commerce rose sharply. But trading profit is also on the rise, and debts are being reduced further.
Oatly, which is causing a great furore with its oat milk, is preparing an IPO in New York. The producer of plant-based dairy alternatives would be worth up to 10 billion dollars there.
German supermarket group Rewe claims to be the second largest food retailer in Europe: Thanks to the corona crisis, the group has reached a turnover of more than 75 billion euros, leaving only Lidl owner Schwarz Group behind.
Nestlé acquires SimplyCook, a British producer of recipe kits. For the FMCG giant, it is a new step in the direct-to-consumer market.
Mosa Meat, the food pioneer that presented the world's first cultured meat burger in 2013, has raised the equivalent of 70 million euros in a new funding round. The money will serve to scale up the production of cultured meat.
In the significant fourth quarter of 2020, market leader Colruyt once again lost ground. The winners are Delhaize, Carrefour and Lidl. A consequence of the current Covid pandemic, or is there more to it?
