Spar Austria’s organic brand prospers

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Business

Spar Austria head Gerhard Drexel has vowed to keep focusing on organic products due to the strong demand for the supermarket’s own Natur Pur range. Drexel told the Kurier today (Thurs) that his supermarket chain’s Natur Pur portfolio had achieved two-digit growth rates each year since its introduction. The businessman claimed the sale of organic […]

Billa price hikes ahead

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Business

Bosses of leading supermarket chain Billa have revealed plans to raise some prices.Billa board member Josef Siess said today (Fri) it would be “illusory” not to implement increases considering current international developments. Various foodstuff and raw materials have become more expensive in the past months, developments speculators have been accused of by many economists and […]

Spar Austria boss appeals to EC over food speculation

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Business

Spar Austria chief Gerhard Drexel has called on political decision-makers to “prevent” speculation on agricultural products.Business experts have warned that increased speculation on the trade rates of cereal products and other foodstuffs may lead to significant price increases in supermarkets around the world.Asked by the Kurier newspaper whether shoppers will have to bear the brunt, […]