Pact Group acquires Jalco
June 22, 2015

One of Australia’s largest plastics manufacturers, Pact Group, has acquired the Jalco Group for approximately $80 million. The Jalco Group is a manufacturer of packaging for everyday goods including well known brands such as Sunsilk and Ajax. “Jalco is an ideal strategic fit as it will allow us to deepen our existing FMCG customer relationships and to enter new areas of growth serving customers in outsourced contract manufacturing and packaging,” said Brian Cridland,  Pact Group CEO. Benjamin... ...Read more »

Campbell’s Australia announces new range of soup bases range
June 17, 2015

Campbell’s has expanded its Australian range announcing a new line of soup bases. Campbell’s has expanded its Australian range announcing a new line of soup bases. The product is a liquid stock designed to help make soups more quickly. Campbell’s says soups can be ready within 30 minutes when using the base. The new soup bases come in three flavours: Asian – The Asian flavour is made from chicken stock with fish sauce, lemongrass, kaffir lime, coriander, chilli, galangal and garlic added.... ...Read more »

Aldi and Woolworths first major supermarkets to officially sign Supermarket Code of Conduct
June 17, 2015

The Food and Grocery Code of Conduct came into effect 16 June 2015 with Woolworths and Aldi the first major players to sign on. The Food and Grocery Code of Conduct came into effect 16 June 2015 with Woolworths and Aldi the first major players to sign on. Aldi had previously announced in March this year that it would sign on. Woolworths announced on 6 June 2015 it would be a signatory provided no changes were made when it passed through the Federal Senate. However, other supermarket groups Coles... ...Read more »

Woolworths boss O’Brien quits and another 1, 200 staff go too
June 17, 2015

Woolworths CEO Grant O’Brien has announced his own retirement. Woolworths CEO Grant O’Brien has announced his own retirement. The announcement comes after recent “disappointing” results for the supermarket group. At the same time, the company announced that 1, 200 more staff from “non-customer facing support roles” would also be losing their jobs. This is on top of 400 positions recently announced as expected to go. In a statement issued to the Australian Stock Exchange, O’Brien... ...Read more »

Queries on Metcash forecasts
June 17, 2015

When independent grocery wholesaler Metcash announced that it had sold its automotive division (including Autobarn, Autopro and Midas), it announced the sale would generate approximately $210 million for debt reduction and investment into the groceries retail operation. When independent grocery wholesaler Metcash announced that it had sold its automotive division (including Autobarn, Autopro and Midas), it announced the sale would generate approximately $210 million for debt reduction and investment... ...Read more »

New coffee ‘bean bag’ introduced to Australia
June 17, 2015

A new coffee ‘bean bag’ has been introduced to the Australian market. A new coffee ‘bean bag’ has been introduced to the Australian market. Produced by Jed’s Coffee Company, the coffee bean bag works and looks like a tea bag. The bag is designed to be placed in a mug before hot water is added. After this, the bag has to be squeezed using a spoon in order to let the contents out. Jed’s then recommends that the bag is left in for 3-4 minutes so the coffee can brew. Jed’s coffee is marketing... ...Read more »

Woolworths to run own in-store advertising, ends ten year relationship with Torch Media
June 15, 2015

Woolworths has announced that it will be now handling all in-store promotional activities, ending its ten year relationship with external agency, Torch Media. Woolworths has announced that it will be now handling all in-store promotional activities, ending its ten year relationship with external agency, Torch Media. Over the past decade Torch Media has organised all trolley, basket, pamphlet and in-store radio placements on behalf of the supermarket. By cutting out the middleman, Woolworths could... ...Read more »

Another German supermarket chain aims for quick Australian entry
June 15, 2015

German discount supermarket chain Lidl looks to be making solid moves to enter the Australian market soon. German discount supermarket chain Lidl looks to be making solid moves to enter the Australian market soon. Lidl is currently in the process of reserving the rights to several product names and is looking at its Australian logistics options according to unnamed corporate and supply chain sources. No announcements have been officially made by the supermarket itself. The story to date: Lidl Lidl... ...Read more »

Protein focused products expand with new Slim pudding
June 15, 2015

Australian weight loss food manufacturer, Slim Secrets, is releasing a new protein pudding. Australian weight loss food manufacturer, Slim Secrets, is releasing a new protein pudding. ‘Protein Pud’ comes in single serves for portion control and contains 10.1 grams of protein in each packet. The puddings have been given a 4.5 star health rating and are marketed as gluten free, high in fibre, low in sugar, fat and carbohydrates. All Protein Puds contain chia seeds and are a source of calcium. The... ...Read more »

Beating the supermarkets by reducing transaction costs
June 4, 2015

Allen Roberts is a guest contributor to Australian Food News and writes another of his regular articles here. All transactions in a business have their costs but removing or reducing transaction costs should be a business priority for any business. All transactions in a business have their costs but removing or reducing transaction costs should be a business priority for any business. The concept of transactions costs is generally attributed to British Nobel prize winning economist Ronald Coase,... ...Read more »

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