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Food industry news of the week: Tesco and suppliers, General Mills closures
2015-01-10 05:06:19| Food - Topix.net
Tesco this week claimed it wanted to "regenerate" its relationship with suppliers, with a strategy that looks set to cut the number of SKUs on sale in stores. Meanwhile, speculation emerged Brazilian private-equity firm and Heinz co-owner 3G Capital is looking at further acquisitions in the food industry.
WetSeal Decimated, Macy's & General Mills Lower on Layoff News
2015-01-09 18:58:17| Agriculture - Topix.net
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Food industry news of the week: Tesco and suppliers, General Mills closures
2015-01-09 17:53:25| Agriculture - Topix.net
Tesco this week claimed it wanted to "regenerate" its relationship with suppliers, with a strategy that looks set to cut the number of SKUs on sale in stores. Meanwhile, speculation emerged Brazilian private-equity firm and Heinz co-owner 3G Capital is looking at further acquisitions in the food industry.
General Mills plans to close two plants
2015-01-09 03:04:46| Agriculture - Topix.net
General Mills Inc. said it plans to eliminate another 500 jobs with the closures of two Pillsbury dough factories, adding to the roughly 1,400 job cuts it announced last year as it tries to improve profitability amid lackluster industry sales. General Mills said in news releases on Thursday it expects the latest layoffs--which include 400 jobs from its New Albany, Ind., plant and 100 in Midland, Ontario in Canada--will be completed next year.
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General Mills may close Pillsbury plant in New Albany
2015-01-08 16:45:49| Agriculture - Topix.net
The company said in a brief news release that the decision is subject to negotiation with union officials. If the decision becomes final, the company said, the plant would close in mid-2016, affecting about 400 employees.
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