Apprentice hub launches in Kent to boost fresh produce workforce
A new initiative launched by MDS and Growing Kent & Medway is aiming to get non-graduates and career changers into the fresh produce business through the creation of an “apprenticeship hub” in Kent. The two-year pilot program is designed to offer a fast track into the industry via a number of businesses to those seeking […]
Despite soaring profits, Maersk sees economic risks coming this year
Danish shipping group AP Møller-Maersk anticipates “a slowdown in the second half, a normalization”, according to its chief executive Søren Skou and in a report in The Financial Times. This comes despite the highest profits of $19.3 billion (+55%) made in its 114-year history, in the first quarter. “The visibility is quite low. Mainly we see risks […]
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 […]
Lidl asks UK public to assist in picking new store locations
With plans to continue growing its footprint across the UK, Lidl is now turning to the public to help them identify worthy sites for their next stores. The discount retail chain says they will pay a finder’s fee that could amount to upwards of £22,500 for a completed £1.5m site purchase. Lidl has even given […]
Sainsbury’s determined to keep prices low, but inflation and Ukraine are clear obstacles
In its annual release of data to shareholders, colleagues and customers, Sainsbury’s accentuated many of the positives from the past year – its strong grocery sales (although flat compared with 2020-21), its push to be more sustainable, and its comparative value in a crowded market. However, the future looks very much uncertain for the retailer […]
Wholesale Market: We need social media to stay relevant
I started working at A&J Produce Corporation last May, thrilled to have the opportunity to be a part of the family business. My grandfather and his partners started A&J in 1977 at the Hunts Point Terminal Produce Cooperative Association located in the Bronx, NY. Forty-five years later, our mission remains the same: a commitment to […]
Part II: Freshfel’s Binard discusses opportunities and obstacles to increasing produce consumption
We wanted to update our readers to some of the priorities Freshfel is emphasizing. We asked Pundit Investigator and Special Projects Editor, Mira Slott, to find out more from Philippe Binard, general delegate for Freshfel Europe. We started our conversation with Binard last month (read Part I here), and pick it up again here: SUSTAINABILITY […]
Freshfel Europe and top produce companies launch Environmental Footprint Initiative
With legislation forthcoming on environmental accountability, a coalition of fresh produce partners along with Freshfel Europe have launched a new strategy to boost sustainability across the EU supply chain. The Environmental Footprint Initiative – being forged by Freshfel andAilimpo, ANPP, Apeel Sciences, Assomela, Bama Gruppen, Bayer AG, BVEO, COLEACP, Dole, Greenyard, Fresh Produce Centre, IG […]
