Tag Archives: Nestlé

According to Swiss broadcaster RTS, Swiss retailer Coop, along with five other members of AgeCore SA, a Geneva-based purchasing alliance, have decided to boycott a large number of Nestlé products in the hope of striking a better deal on price. Coop Haupsitz, Hochhaus, Aussenansicht © Coop - Click to enlarge Sales to AgeCore SA members, which include Coop in Switzerland, Intermarché in France, Edeka in Germany, Conad in...

Swiss Economics Minister Doris Leuthard (left) and Nestlé Director General Petraea Heynike at the inauguration of the Chocolate Centre of Excellence at Broc in 2009 (Keystone) - Click to enlarge The Swiss food giant Nestlé is transfering its chocolate research centre from Broc in canton Fribourg to York in the north of England. Some 25 jobs are affected but the existing chocolate factory in the Swiss town is...

Investec Switzerland. Nestle SA forecast the slowest full-year sales growth in more than a decade as food companies worldwide struggle against consumer resistance to price increases. Revenue will gain about 3.5 percent on an organic basis in 2016, the Vevey, Switzerland-based maker of Nespresso coffee said Thursday, abandoning a goal for an increase of about 4.2 percent. Growth in the consumer-goods industry is “relatively fragile,” Chief Financial Officer Francois-Xavier...

Investec Switzerland. Nestlé is by far the largest food company in the world. Its 335,000 employees produce more than 2,000 brands, manufactured in 436 factories across 85 countries. It’s Europe’s most valuable corporation, worth $240 billion, comfortably more than oil giant Royal Dutch Shell. Among the world’s 195 nations, it sells in 189. © Gvictoria | Dreamstime.com Nestlé’s impact on the history of how we eat is almost impossible to overstate. Sweets as we know them...