Retail internationalisation - dream or reality?
Article Abstract:
UBS's Andrew Fowler suggested expansion of food retailing companies into new foreign markets helped them to source products and increase profits, as costs were reduced when operations grow larger. He cited the success of Carrefour's move into Eastern Europe and Latin America. Fowler emphasized companies often needed to expand overseas when their home markets reached saturation. He felt the hypermarket was the true example of a global retail outlet. Fowler was speaking at Agra Europe's Strategies for Success in the International Food and Drink Industry conference, during Oct 1997.
Publication Name: Eurofood
Subject: Food and beverage industries
ISSN: 0955-5405
Year: 1997
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UK Co-op wages war on dishonest labels
Article Abstract:
The UK Co-operative Wholesale Society (CWS) has drawn up a Code of Practice for the labeling of its 3,000 own label food goods. The Code ensures consumers will be informed of the ingredients and nutritional value of their own food products. A study, by the CWS, found consumers were often misled by advertisements or the wording on labels. They discovered many photographs gave consumers the incorrect idea of the size of a product. Some 91% of customers misunderstood a package containing mince and onions was made out of mechanically recovered chicken.
Publication Name: Eurofood
Subject: Food and beverage industries
ISSN: 0955-5405
Year: 1997
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Galland counter-attacks on price increases
Article Abstract:
French industry minister Yves Galland has denied that the new retail law has caused prices for some 1,500 products to rise by 4%, as claimed by retail group Leclerc. Galland backs his claim that prices rose by only 0.5% during the first two months of 1997 with figures compiled by the DGCCRF competition authorities.
Publication Name: Eurofood
Subject: Food and beverage industries
ISSN: 0955-5405
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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