All The Grocer articles in 26 February 2022 – Page 15
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Rice prices on the rise as exports suffer from disruption to supply
There was ‘approximately 1.5 million tonnes of rice stuck at the ports, that India had planned to export this month’, said Mintec
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Lewis Hamilton backs ultra-fast grocery app Zapp as part of $200m raise
The funding will be used to further improve the brand’s customer experience and technology
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City snapshot: UK companies in financial distress on the rise
The number of UK companies in significant financial distress is rising as government support is withdrawn from beleaguered businesses, according to business advisory firm Begbies Traynor.
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Poundstretcher begins converting stores to JTF
A Poundstretcher and Pet Hut in Margate, one of the variety discounter’s larger stores, is among the first to be rebranded
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Falling vacancy rates offer ‘glimmer of hope’ for retail says BRC
Overall retail vacancy rate across Britain fell 0.1 percentage points to 14.4% in the fourth quarter of 2021, suggesting the structural impact of the pandemic had in some regions ‘peaked’
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Carluccio’s launches range of chilled restaurant-inspired lines into Sainsbury’s
The range spans fresh pasta, stir-in sauces, a selection of 12-inch pizzas and ready meals, including lasagne and tagliatelle dishes
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Soft drinks startup Buzzed claims category first with energy tonic water
The NPD would target the health-conscious consumer, delivering an ‘alternative mixer or energy booster for those concerned about artificial flavorings and calorie consumption’, said Buzzed
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Five major supermarkets trialling ‘digital age verification’ for alcohol sales
The Home Office-backed trials are intended to explore how the technology can strengthen age checking and reduce violence against staff
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City snapshot: Diageo resurgence underpinned by on-trade recovery
Diageo has reported double digit rises in sales and profits as the recovery in the on-trade was boosted by market share gains and premiumisation trends. Plus trading updates from FeverTree, Britvic and Greencore.