Fresh Del Monte post big first-quarter profits despite economic challenges

Del Monte Q3 profits hit by one of “worst oversupply” seasons for bananas

Fresh Del Monte has posted a 51% year-on-year jump in net profit for the first financial quarter, as the company continues to focus more heavily on efficiency and optimization of resources. Net profit rose from $25.8 million to $39 million in the three months to March 31. That increase came despite a small drop in […]

Wholesalers don’t just provide fresh produce, they do it all for customers

Wholesalers are experiencing an identity crisis amid the increasingly competitive arena of produce distributors. Our customer needs are changing, and it is up to wholesalers to adapt to this new environment to stay relevant. Luckily, wholesalers are characterized by their immense dedication to the business, and we don’t just overcome hurdles, we break right through […]

Fast-charging Aldi surpasses 10% in UK supermarket share

Aldi continues to grow Deliveroo options as it heads towards Christmas

Tucked within Kantar Worldpanel’s latest report that food inflation has dipped a smidge to 17.3% is another nugget worthy of headlines: Aldi has reached double digits in market share in the UK. In its blazing run into the Big Four, Aldi now has cornered 10.1% of the market after a mindblowing 25% rise in the […]

Report: Dole planning to shift Ireland operations to new £44M facility

According to a report from Independent.ie, Dole is planning to develop a £44.3M logistics hub in eastern Ireland. The new facility could see the company’s operations in the country move from Dublin to the new campus in Balbriggan, which is already under development at the M1 Business Park in Courtlough. The publication notes that the […]

Self-driving vehicles are making grocery deliveries in London as part of ASDA trial

Customers who frequent ASDA’s Park Royal superstore in London west of Portobello Road Market now have another option to do their weekly shops instead of fighting the crowds. In a trial just launched by the retailer, shoppers can have their groceries delivered by self-driving vehicles. Over the next year, ASDA says it will serve approximately […]

Jim Prevor: My Thousandth Man

This tribute appeared in Produce Business magazine earlier this year, just two months after the passing of co-founder Jim Prevor. On the wall in my home is a Rudyard Kipling poem that Jim had mounted and framed. He gave it to me about the same year he and Debbie were married. I did not realize […]