UK: ORGANIC FOOD MARKET GROWTH ASSESSED
Article Abstract:
Organic food sales in UK supermarkets are projected to double over the coming five years from around 5% of the overall market at present and Sainsbury alone now has over 500 lines. The UK market for organic produce could increase in 2001 to GB[pound] 1bn, from below GB[pound] 400mn under two years ago, and such growth as persuaded more farmers to contemplate naturally grown produce. Just 1.5% of farmland is given over to organic products at present in the UK and over 75% of organic produce is obtained overseas. A contributory factor in this is the three-year period necessary to remove insecticides, pesticides and herbicides from the land. City downshifter, David Stacey who runs a 350-acre farm in Shropshire, notes that supermarkets are helping the organic market to progress but is worried that the entrepreneurs in the market will be harmed by supermarkets sourcing produce from overseas.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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EUROPE: NEW SURVEY OF RETAILERS
Article Abstract:
Metro is the largest European retailer with sales of Euro 53bn, according to listings from Retail Intelligence, with fellow German retailers Rewe and Edeka in the top five along with French group, Intermarche. Tesco is the only UK-based retailer to make the top ten and is ranked seventh based on its European sales. Europe's largest forms are tapping new markets in SouthEast Asia and South America, notes Retail Intelligence, and there is a fear that UK businesses may be left behind if they fail to look further than their domestic markets. In terms of sales densities, Italy's Esselunga is the leading player, ahead of UK-based Asda.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: ORGANIC FARMERS UNABLE TO MEET DEMAND
Article Abstract:
Organic farmers in Britain are unable to meet the demand. Supermarket groups Sainsbury and Iceland told the Commons Select Committee on Agriculture that they have to import organic food as a result of a shortage of homegrown produce. Only 3% of British farming is organic. The market is predicted grow by 40% a year and will be worth GB[pound] 500mn by the end of the year. According to Iceland, 70% of all organic food sold in Britain is imported.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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