News and articles
Retail decreased in Mai
Date: 2008-07-25 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. ...
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Britons bought more in Mai
Date: 2008-07-25 00:00:00
The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia. According to a Eurostat first estimate, in May...
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Suntrust dumps Coke shares but keeps recipe
Date: 2008-07-25 00:00:00
SunTrust said it sold 10 million shares of the beverage maker in June and will be another 3.6 million shares in a charitable trust. The remaining 30 million shares were...
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Snack firms pledge obesity fight
Date: 2008-07-25 00:00:00
More than £200m has been pledged by several food and drinks companies, including Coca-Cola, Kellogg's, Mars and Nestle, in a bid to tackle obesity. The funding comes amid a plea...
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Record growth for UK's discount retailers
Date: 2008-07-25 00:00:00
According to TNS Worldpanel, discount retailers now account for 5.9pc of all grocery spending in Britain. Aldi grew its market share by 19.5pc to 2.9pc over the period, while Lidl's...
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30% less tourist at Lake-Balaton
Date: 2008-07-24 00:00:00
According to the freshest datas of the trade and industry chambers the catering traders and hoteliers at Lake-Balaton have 25-30% reduction in turnover because of rainy summer days.At the high...
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PepsiCo's Positive Surprise
Date: 2008-07-24 00:00:00
Despite a 1% decline in the Americas beverage business PepsiCo Inc reported that its net income rose to $1.7 billion, in the second quarter that ended June 14, net revenue...
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A Petrol Price War on Supermarket Forecourts
Date: 2008-07-24 00:00:00
Morrisons began by slashing both unleaded and diesel by 4p a litre, Asda responded by cutting up to 3p a litre off both fuels at all its forecourts. The...
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Bester Q2 by Praktiker
Date: 2008-07-24 00:00:00
Praktiker AG. cut its full-year sales growth forecast to a low single-digit percentage from a medium single-digit percentage on the back of slowing European economic growth. Second-quarter net profit...
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Better than expected profit by Whirlpool
Date: 2008-07-24 00:00:00
Home appliances company's second quarter net earnings were $117 million, quarterly revenues were up 5% to $5.08 billion. The company said that net earnings for the quarter reflected challenging macroeconomic...
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Dairy Farmers Plan Demonstrations in August
Date: 2008-07-24 00:00:00
The farmers are discontent with the nowaday's supply price of milk. From year's beginning it droped almost 20%, forexample because of cheap milk prices of the supermarket chains. Dairy...
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Auchan acquires Galerias Primero
Date: 2008-07-24 00:00:00
French privately owned retailer's Spanish unit Sabeco S.A. has agreed to acquire supermarket chain Galerias Primero from Group Nozar and Caja Inmaculada (CAI). The two companies, which are a construction...
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Record food safety warnings from EU
Date: 2008-07-24 00:00:00
According to the annual RASFF report released by the European Commission, a total of 7,354 warnings of risks to human health from food and animal feed were sent to the...
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Coke to cut marketing spend
Date: 2008-07-23 00:00:00
Coca-Cola is looking reduce its nonconsumer-facing marketing programmes as it aims to save between $400 million and $500 million a year by the end of 2011. Chief executive of...
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Danone Seeks 1.63 Bln Euro to Quit Wahaha
Date: 2008-07-23 00:00:00
Groupe Danone is seeking 1.63 billion euro in order to quit its Chinese joint venture with Wahaha. However, Wahaha is only offering 296 million euro for Danone's interest, reports the...
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First of all Parents and Ads Influence Kids' Culinary Habit
Date: 2008-07-23 00:00:00
According to GfK's HealthCare research the questioned health visitors said the culinary practice of 6-14 years old children depends on the family and the advertisments. The research company asked 100...
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Unilever Disposes Bertolli Olive Oil
Date: 2008-07-23 00:00:00
Unilever signed a definitive agreement for the disposal of its Bertolli olive oil and vinegar business with Grupo SOS for a consideration of Euro 630m. The transaction is structured as...
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Toll for rice in Vietnam increase price not only outside of the country
Date: 2008-07-23 00:00:00
After a government decision exporters have to pay USD 30-176 customs per tons. Vietnam has exported 2.54 million tonnes of rice since the start of this year, up two per...
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Retail Sales Up 15% in Russia
Date: 2008-07-23 00:00:00
According to Rosstat, the Federal State Statistics Service in H1 Retail sales in Russia were up 15.2% year-on-year to around $269bn. Sales in June itself were up 13.8% to over...
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REWE to cut CO2 emissions in product chain
Date: 2008-07-23 00:00:00
Rewe Group is taking action by applying its environmental activities to cutting CO2 emissions in the product chain. The German retailer starts a pilote project about decresing carbon footprint together...
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Penny don't Stop its Watermelon Action
Date: 2008-07-23 00:00:00
The company pay HUF 40 pro kilo for suppliers, they guaranted HUF 30 for the growers until 27 July. Penny Market disagrees with the political push to cut the consumer's...
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Arabica Coffee Prices to Rise
Date: 2008-07-23 00:00:00
Arabica coffee futures are expected to rise by the end of the year, boosted by a weak U.S. dollar and the prospect of a cyclically smaller Brazilian crop in 2009/10,...
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Hausbreaking Started in Sugarplant in Szolnok
Date: 2008-07-22 00:00:00
The board of trustees at Mátra Cukor Zrt., belongs to German Nordzucker, announced last year in November, that the company finish the sugar producing in its Szolnok plant.The end of...
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GDA Labels Gaining Ground Throughout Europe
Date: 2008-07-22 00:00:00
European food and drink producers, large and small, are actively implementing a voluntary nutrition labelling system based on Guideline Daily Amounts (GDAs), new, independent research reveals. The representative survey of...
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LGT Show at Coke Club Siofok
Date: 2008-07-22 00:00:00
High quality of music and excellent mood typified the last MTV Icon concert in the Coke Club Siófok. High lights of the Hungarian musicans saluted for LGT's 30 years works....
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Eiscream sales grow in Hungary
Date: 2008-07-22 00:00:00
According to Nielsen Research Retail Index the market of cold sweeties increased in volume and value. The whole market is HUF 17.5 billion. Between June 2007 – Mai 2008 25...
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McDonald's offers year to year more salads
Date: 2008-07-22 00:00:00
The fast food company also populizes the healthy nutrition, with success. According to sales datas guest will eat 2.8 million portion of salads this year. McDonald's offers salads since...
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Feak Shoes in Value of HUF 345 Million
Date: 2008-07-22 00:00:00
11,000 pair of feak NIKE and Canvas shoes were found on a freight train entering to Hungary yesterday by Kelebia. The Customs Office arrested the goods. The train arrived...
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