All The Grocer articles in 24 April 2021 – Page 7
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NewsCity Snapshot: Margins improve at Compass Group despite revenue slump
Compass has announced a continued improvement in profit margins despite an ongoing slump in revenues as the coronavirus outbreak continues to hit sales across its business.
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Comment & OpinionThe time is now for UK government to deliver a world-leading food policy
Too many food strategies have previously been academic reports with little chance of success, says Andrew Opie, director of food and sustainability at the BRC
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NewsBrewDog launches ‘first carbon negative beer club’
Its new DTC subscription service will ship monthly boxes of beer from BrewDog and craft brewers such as Cloudwater and Mikkeller
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News20 new stores in one month help Lidl hit target despite pandemic
Lidl must open more than 50 UK stores a year to hit its long-term target of 1,000 by 2023
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NewsOnline marketplace for ‘diverse entrepreneurs’ Afroposure launches
The startup will showcase food and drink brands from entrepreneurs from ethnic minority backgrounds
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NewsThe Honest Bean Co adds quartet of fava bean snacks
The range is made with British fava beans and aimed at “health-conscious consumers that want to stay fuller for longer”
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NewsMedia Bites 26 March: Deliveroo, Business rates, Compass Group
A host of Britain’s biggest fund managers have snubbed Deliveroo’s stock market float amid growing concern over the treatment of its workers
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NewsCity snapshot: Parsley Box valued at £84m ahead of London float
DTC ready meal maker Parsley Box has raised £17m in an IPO, valuing the business at £84m as it gets set to join the London exchange’s junior AIM market.
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NewsSainsbury’s drops plastic straws from own-label drinks cartons
The retailer said it was also currently working to replace the plastic sleeve for the straws
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NewsIndustry slams government decision to block Covid-linked business rates appeals
The government had been facing hundreds of thousands of appeals on the grounds of a ‘material change of circumstance’ in the pandemic, estimated to be worth £5bn
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NewsGrenade: ‘Mondelez takeover will supercharge us’
Grenade has set its sights on conquering the world with the backing of its new owner, US confectionery giant Mondelez.
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NewsCity News: McColl’s sales fail to flow to bottom line
The chain’s total sales for the 53 weeks to 29 November were up 3.2% to £1.26bn
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NewsBertinet Bakery claims first with ‘fresher for longer’ sourdough loaves
The brand employed ‘revolutionary new baking methods’ to reformulate its artisanal bread
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NewsMedia Bites 29 March: Deliveroo, Asda, Valeo
Deliveroo is poised to swerve around doubters in the City and roar towards a blowout float this week
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NewsCity snapshot: LXi REIT buys grocery sites for £85m
Property investor LXi REIT has purchased six grocery assets for £85m, including Lidl, Aldi, Tesco and Co-op stores. Plus, Domino’s continues Nordic exit with sale of Iceland business, and Wynnstay completes reorganisation with appointment of commercial sales and marketing director.
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NewsAldi to sell National Lottery tickets in all UK stores
The draw-based games, including EuroMillions, Set For Life and Thunderball, will begin rolling out to Aldi checkouts nationwide from next month
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NewsWarburtons backs Insane Grain in second Batch Ventures investment
Insane Grain will use the £250,000 Batch investment to scale growth, including supporting its first major supermarket listing into the Sainsbury’s Future Brands bay
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NewsWilko claims 1,500-tonne plastic saving after sustainable wipes move
The home and garden discounter replaced plastic with renewable plant fibre in all its own-label wipes a year ago
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NewsLivekindly raises $535m in its first year as it aims to be biggest in plant-based
With the latest funding round, Livekindly said it had become one of the top three highest-funded and fastest-growing plant-based food companies in the world.
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NewsYoung’s and Karro owner Eight Fifty Food Group acquired by Sofina Foods
Eight Fifty had been tipped for an IPO in the coming months to give the PE house, which also owns Valeo, an exit, but The Grocer understand Sofina swooped in ahead of the planned flotation