Archives for November 3, 2003

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Changing population driving discount growth

Spanish demographics are changing, with a steady rise in the number of single person households. This in turn has made consumers more price conscious than ever before, fuelling growth in both own label products and discount retailers.

UK lowers soy protein content for health claim

The UK's Joint Health Claims Initiative has reduced the minimum amount of soy protein required in a product for the soy health claim, allowing a greater number of foods to display the cholesterol-lowering message.

PFM buys up Italian packager

The PFM Group has announced the take over of SPS Packaging, the Italy-based packager specialising in the design and production of automatic wrapping systems for snacks, biscuits and confectionery.

Schweppes goes soft on Dr Pepper

Cadbury Schweppes could consider selling off its US soft drinks business, Dr Pepper/7-Up, if it decides that such a move would offer greater value to shareholders.