Business news in brief: Tesco dropping Carlsberg

Tesco is the biggest supermarket chain in the UK (photo: iStock) Tesco is the biggest supermarket chain in the UK (photo: iStock)
October 2nd, 2015 3:14 pm| by Philip Tees

The British supermarket giant Tesco is cutting almost all of its Carlsberg products from its stock. The only offering from the Danish brewers be left on the Tesco shelves will be a regular four-pack sold at just 200 of Tesco’s 7,817 stores.

Jim Daniell, Carlsberg’s head of media relations, told Børsen that he is aware of customer dissatisfaction about the move. “We can’t comment on the details of our commercial agreements,” he said.

“But we have noticed consumers’ disappointment on social media about Tesco’s decision to remove Carlsberg products from their range.”

Juicing the Big Apple

In just 48 hours the Danish juice bar chain Joe and the Juice has opened four new locations in four different countries, including its first US store in New York City.

Together with the other newly opened juice bars in the UK, Sweden and Denmark, this brings the total up to an impressive 112 locations in 10 countries.

At the New York opening Kaspar Bosse, the company’s founder, told TV2 News why the music in the stores is always so loud.

“We sometimes call it the turnover button,” he said. “Because the truth is, and a lot of people get annoyed about this, that the more we turn it up, the more turnover we get.”

Medtech giants joining forces

The Danish medtech heavyweights Coloplast and Ambu have announced  they are collaborating on a new product, which they will be launching in the near future. The product is a diagnostic camera for use in urology.

Steffen Hovard, the senior vice president of Coloplast, explained to that the two companies complemented each other in the collaboration.

“Ambu has talents in visualisation and we have talents in urology. We have put the two together and have made something we think is pretty fantastic,” he said.


Krone staying pegged

Troels Lund Poulsen, the business and growth minister, has warned the country’s pension funds not to bet against the krone again, Bloomberg reports. In January the krone came close to following the lead of the Swiss franc and de-pegging from the euro. A number of funds and other speculators hedged their positions in anticipation of that eventuality – ultimately ending in losses. Poulsen has said that de-pegging “is not up for discussion”.

Handing over the Crown

Jais Valeur, 52, will replace Kjeld Johannesen, 62, as CEO of Danish Crown. The appointment of Valeur, formerly an executive vice president at Arla Foods, followed a “thorough search” by the board, which concluded that he is the “right person” for the job. Johannesen, who has been CEO of the company for 27 years, will officially step down on 1 April 2016.

(Photo by Paul Kalirai)
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