All The Grocer articles in 13 April 2024 – Page 4
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News
Poundstretcher sold to Fortress Investment Group
It follows the retirement of outgoing Poundstretcher owner Aziz Tayub and will see Andy Atkinson, former group commercial director at Morrisons, join Poundstretcher as CEO
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News
Sugro welcomes new member Preplica
Preplica has a substantial e-commerce business based on TikTok and Amazon
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News
Bestway spoke with Sainsbury’s as possible supply partner for Costcutter
It is understoodBestway was exploring potential supply options for Costcutter once its contract with Co-op ends in 2026
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News
Tesco becomes latest retailer to add Best of British webpage
It said it would make it easier for customers across the UK to shop British-grown and produced food, and support British farmers and producers in the process
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News
Brakes locks prices on thousands of products to drive value
Brakes will hold prices on over 7,000 products until October 2024 to help customers ‘plan with certainty’
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News
Chocolate brand Cox & Co to launch paper flow-wrapped bars
The packaging innovation is the result of 18 months’ development
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News
Tesco turns up fridge temperatures as trial slashes energy costs
In 21 months, it helped Tesco save 4GWh on energy costs and over 835 tonnes of CO2e across its refrigerated distribution network
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War on single-use plastic needs urgent rethink, warns IGD report
IGD said the entire financial model for packaging needed to be re-assessed if it was to succeed
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News
City snapshot: Distil fourth quarter sales drop as consumers cut back on spirits
Annual sales were up 17% at listed spirits brand Distil, despite a 47% fall in fourth quarter volumes amid consumer spending pressures
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News
Media Bites 11 April: Tesco, Asda, Poundstretcher, food security
The latest annual results from Tesco get blanket coverage in today’s papers after the supermarket giant revealed bumper profits
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Comment and Opinion
A new dynamic as Tesco increases AI in supplier negotiations
In news its traditional supermarket rivals won’t want to hear, Tesco boss Ken Murphy revealed the retailer was pushing ahead with its next big project
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News
Fearne & Rosie set for growth push with two senior hires
Fearne & Rosie has appointed its first-ever finance director and sales director to help the fast-growing challenger brand get its range of healthier jams into more supermarkets
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News
Revealed: supermarket progress on gender pay equality – and who’s gone backwards
Tesco, Asda, Aldi, Lidl, Co-op, John Lewis, Iceland and Ocado all reduced the mean hourly pay gap in 2023/24
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News
Lorry drivers criticise government’s clandestine entrants scheme over ‘unfair’ fines
Fines for drivers and logistics operators found to carry illegal immigrants into the UK are currently at £10,000 per entrant
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News
Digital deposit scheme rivals Polytag and DDRS Alliance join forces
Previously the two sides have clashed over the best way for a digital DRS (DDRS) to proceed and have been involved in separate trials
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News
Tesco boss Ken Murphy announces AI-led Express store range review
Growing its market share has seen Tesco bring volume growth back to life in the second half of the year, and profit margins return to levels last seen before the pandemic
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Comment and Opinion
Lidl is winning due to differentiation, not just cost
If Lidl keeps up with this value innovation, and there is not a more multifaceted response from competitors, it will keep winning in the UK, says Jeremy Garlick, partner at Insight Traction
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News
Attacking shopworkers to be made standalone criminal offence
The government is ramping up the use of facial recognition technology to help catch perpetrators and prevent shoplifting in the first place, backed by a £55.5m investment
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News
M&S changing cows’ diets to cut methane emissions
The change is projected to reduce the greenhouse gas emissions produced by the herds of 40 M&S dairy farmers by 11,000 tonnes annually