Nestle
Retail
FMCG to clock 18- 20% growth in net sales during Q2 FY’10: ASSOCHAM
The FMCG sector seems to have finally joined India Inc's growth party by posting surprising double-digit growth in sales resisting the aftermaths of the downturn. The sector is likely to post a growth of 18 – 20 per cent...
Retail
Tata Coffee says no to café retail
Even as the café retail business is seeing a growth of 30 per cent per annum in India, Tata Coffee has no plans of re-entering the café retail business. Tata Coffee had tried its hands in this business when...
Retail
Future starts third-party logistics with Hitachi, Nestle
Future Logistics Solutions, an arm of Kishore Biyani’s Future Group, has forayed into third-party logistics (3 PL) operations by signing leading electronic and fast moving consumer goods (FMCG) players such as Hitachi and Nestle.Future Logistics was hitherto catering to...
Retail
FMCG majors in Greenpeace ‘Red’ list on GM foods
Greenpeace, the ecology campaigners, have okayed Pepsico, ITC, MTR, Dabur and Haldiram. But given a thumbs-down to Britannia, Cadbury, Hindustan Unilever, Nestle, Kellogg and Safal.The issue is the use of Genetically Modified (GM) ingredients in foodstuffs. Greenpeace India today...
Retail
Hershey weighs Cadbury options
Hershey Co. is unlikely to stand by and let Kraft Foods Inc. or another company swallow up chocolate rival Cadbury PLC, a person familiar with Hershey's thinking said Monday."Hershey recognises that Cadbury is the last major confectionery company potentially...
Retail
Sweet World plans 100 stores; to launch online retail
Sweet World, popular European concept of pick-n-mix candy shop that sells products including traditional candies, novelty candies and lollipops across India, plans to open 50 new outlets in the country in order to achieve 100 stores mark by the...
Progressive Grocer
Starters as Standalones
The current image of soup is that of something between a snack and a meal. And that emanates from a blend of high frequency marketing and production innovation, which have repositioned the category and added versatility to the product’s...
Retail
Nestle to reposition its Maggi brand
Nestle India, a subsidiary of Nestlé SA of Switzerland, is learnt to be working on repositioning its maggi brand of noodles as a healthy snack option for the entire family. “Till now the focus of Maggi has been almost...
Retail
FMCG sales to go up to $25 bn by 2008-end: Assocham
Sale of fast moving consumer goods (FMCG) remains unaffected by the current slowdown and is rather anticipated to register a growth of 25% and touch USD 25 billion by end of calendar 2008 as against USD 20 billion in...
Retail
Carrefour appoints Lars Olofsson as CEO
French international hypermarket chain, Carrefour has enticed Swiss Nestle’s executive vice president Lars Olofsson to lead Carrefour as CEO replacing José Luis Durán from January 1, said the group.On this development, Amaury de Seze, Carrefour chairman said, “Lars Olofsson...
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Latest News
Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates
The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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