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woolworths reports solid profits
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woolworths has reported a 10.1% increase in net profit, to a total of $2 billion, for the financial year. woolworths announced its positive full-year results today, among the most positive for australia’s retail sector, despite a challenging period, as part of a focus on sustainable long-term growth. the food and liquor supermarket division reported a 5.1% increase in sales, of just under $1.7 billion dollars. “woolworths customers are benefiting from not only lower prices but from great rewards from our everyday rewards program, improved ranges, exclusive brands and enhanced shopping experience through our refurbishments,” read the report. “focus on fresh will continue to underpin our success. we are striving to have an unbeatable fresh offer for our customers. our success in this area, to date, has seen a strong increase in volumes with increased basket penetration.” woolworths said they are focused on improving the quality of their fresh food buying, working with suppliers to enhance the quality of their products, examining all aspects of their fresh supply chain to improve quality on the shelf and reduce costs, reducing shrinkage, enhancing fresh food testing, and looking for ways to improve overall quality and shelf life. one particular area of growth identified by woolworths was private-label or ‘exclusive brand’ goods. “exclusive brand expansion has continued, with performance reflecting the quality of our offer and customer acceptance,” woolworths said. “growth in exclusive brands exceeds our overall performance. our largest exclusive brand, homebrand, is being repositioned improving both quality and presentation and continues to gain strong customer acceptance whilst still targeting our value conscious customers.” woolworths also mentioned the successful launch of the macro wholefoods market range, and noted that exclusive brand wine sales are experiencing double digit growth and winning some wine awards. the company also reported 5.1 million of its everyday rewards cards registered. woolworths also reported on their ‘quantum’ business development strategy, designed to reduce costs and improve efficiencies across all woolworths businesses. the project will focus on all aspects of the business, inlcuding end to end supply chain, procurement, opreational work practices, global direct sourcing and increasing the efficiency of support structures. corporate social responsibility also rated a mention, with woolworths reporting a ontinued reduction of carbon emissions through investment in low carbon technologies, progression on implementation of an ethical sourcing policy, and an ongoing drive to achieve best practice in safety and health performance. -->
Source :ausfoodnews.com.au
Date :
26
August
2010
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drh has plans to open its 19th bww restaurant, in fort myers, florida, later this year and its 20th outlet, in traverse city, michigan, in the beginning of 2011.the company, which currently owns and operates three restaurants in berkley, ann arbor and novi in michigan, will open a fourth location in brighton, michigan, before the end of 2010.buffalo wild wings has signed an area development agreement with the company which results in opening a total of 38 bww restaurants in florida and michigan by 2017.
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consequent to the deal, duke marketing will manage communications, branding, and public relations for the 77-unit expanding restaurant chain. duke marketing chief executive linda duke said that the company has already begun developing concepts for straw hat\'s new locations opening soon outside of california. \"as a native californian i have eaten straw hat pizza since i was a little girl. as a long time fan of straw hat, i couldn\'t be happier to get them back on consumers\' radar and to introduce many more fans across the country to the brand,” duke said.
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the company has entered into an agreement with regents to develop several u-swirl frozen yogurt cafes in the boise market.regents has inked a lease for a 2,400sq ft retail area located in a retail shopping district on the northwest corner of eagle and ustick roads in meridian.regents general manager ben poulsen said that the company believes it has found the ideal spot for its first u-swirl frozen yogurt cafe, and the build-out of its space is expected to take approximately 90 days, which should allow the cafe to be open for business during the upcoming holiday season.
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the country fried steak ‘n’ gravy biscuit is available at hardee’s for $2.19, or in a combo with hash rounds and a colombian blend coffee or beverage starting at $3.89.cke restaurants executive vice president of marketing brad haley said that many people love to eat country-fried steak and gravy for breakfast but it’s always been a sit-down affair requiring a knife and fork“hardee’s new country fried steak ‘n’ gravy biscuit makes the whole thing portable by putting a great-tasting, crispy steak, covered with our famous sausage gravy, inside one of our made from scratch biscuits.
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sorini, which has a stock market value of $234 million, produces sorbitol, a sweetener used in toothpaste and chewing gum, and includes unilever, nestle sa and procter & gamble co among its customers. \"by taking control of sorini, cargill will have important control of the sorbitol and starch-derivative products supply chain,\" one source told reuters. \"the growth opportunities are promising, for both domestic consumption and exports,\" for example to china and india, the source added.
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foster\'s carlton & united breweries beer operation, which is to be demerged in the first half of 2011, is a takeover target valued at more than $10 billion. but the company made no reference to the takeover talk that drove its share up over 7 percent on monday. beverage giants sabmiller and japan\'s asahi breweries are eyeing foster\'s beer unit but have not decided whether to make formal offers, sources told reuters on monday.
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artisanal president and ceo daniel dowe said that this distribution partnership is a valuable component of the company\'s ongoing retail initiative.“our cheeseclock and color coded boxes make cheese purchasing easy and fun, helping the end consumer pair our cheese selections with wine and beer and providing a two-pronged marketing benefit to retailers who sell those beverages in addition to cheese,” dowe said.
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the company said that these trail mix blends combine its whole grain granola with a range of nuts, dried fruits, seeds and certain ingredients.the new bear naked 100% pure & natural trail mix comes in cranberry almond, pecan apple flax, and chocolate cherry.cranberry almond is a medley of cranberries, sun-ripened raisins, walnuts, almonds and bear naked peak protein granola clusters.the company claims that pecan apple flax comprises 200mg of the omega-3 ala in each serving that features bear naked peak flax granola, raisins, roasted sunflower seeds, pecans, pepitas, apple slices, and flax seeds.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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