Sainsbury’s makes strong commitment to Fairtrade bananas, growers and workers
Sainsbury’s announced this week it was committing money from all bananas sold in stores to paying better wages to workers and growers in Cameroon, Colombia, Dominican Republic and Ghana. The world’s biggest retailer of Fairtrade bananas has stepped up three years ahead of the standard set in an agreement through IDH with nine other supermarkets […]
How to merchandise bananas for profit and ensure shopper satisfaction
Bananas have traditionally been considered a loss leader, yet effective merchandising can help stores realize profit in this key category. Bananas are consistently one of the top-selling items, according to Bil Goldfield, director of corporate communications for Dole Food Company. That’s why it’s critical they remain a focus in the department, he says. “Opportunities remain ripe […]
Fairtrade plans banana price increase to help farmers cope with inflation
Because of inflation and increased costs of shipping, global certification group Fairtrade has announced a pending 20% average rise in banana prices to help farmers struggling financially. A robust 15% will go toward offsetting the expenses being incurred by producers who export directly. The other 4.5% will go toward the rising costs at farms in […]
Inflation, supply issues cause Del Monte’s profits to dip in first quarter
Despite posting higher sales year-on-year, Fresh Del Monte Produce saw a significant drop in its first-quarter profits because of inflationary pressures and ongoing supply chain constraints. Net income for the three months ended April 1 was $25.8 million, down from $42.7 million in the same quarter last year, while gross profit dropped to $89.8 million […]
Sainsbury’s latest data shows shoppers spending more on fresh
According to a new report released by supermarket chain Sainsbury’s, British consumers leaned in on more healthy eating … while taking the time to indulge a bit on special occasions. Sainsbury’s says more than six billion portions of fruits and vegetables were purchased alone from its Nectar points shoppers, including an astounding 375 million servings […]
Olympians sign on with Fyffes to find Ireland’s ‘fittest’ school
Multinational Fyffes is continuing its campaign to keep youngsters healthy, partnering with Olympians Phil Healy and David Gillick to determine Ireland’s fittest school. Healy and Gillick, both world-class sprinters and athletes, are ambassadors on the Fyffes Fit Squad that is helping schoolkids stay active and eating well through workout videos they say are “fit for […]
M&S targets food waste in latest scheme: 25p bananas
Trying to cut down on food waste across England, Marks & Spencer is selling a bunches of bananas in its stores for just 25p. The bananas, which M&S says come in a minimum of packs of three, are packaged in clever cardboard bags that are part of a “Go Bananas” campaign to reduce fruit that […]
Interko’s new mobile ripening rooms offer flexibility
Netherlands-based Interko, which has been partnering for the past five years on research and development with Fyffes, has created a new Containerised Ripening Room that can fit inside a standard insulated refrigeration container. The easy-to-build and mobile units allow operators the flexibility to not only house a ripening room In smaller facilities but also the […]