All The Grocer articles in 27 February 2021 – Page 6
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City snapshot: Danone plans ‘year of recovery’ after 2020 sales drop
Danone has guided towards a ‘year of recovery’ in 2021, while it has acquired US-based vegan dairy player Earth Island. Plus, UK retail sales slump in January and all the rest of the latest news from the City.
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Media Bites 19 Feb: Asda/Walmart, Nestlé, Business rates
The new owners of Asda have been urged to overhaul the supermarket’s strategy after its performance over the Christmas period lagged behind its rivals
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Iceland sacks director after tweets insulting the Welsh
Keith Hann’s comment this week also brought into the spotlight earlier tweets and blog posts in which he said Welsh sounds like ‘gibberish’
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Sainsbury’s raised some of its prices to ‘match’ Aldi
Analysis by The Grocer has revealed eight products in Sainsbury’s ’Aldi Price Match’ campaign that got more expensive
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Aldi launches flat-bottomed Easter Egg in plastic reduction push
The design does away with the need for a concave plastic insert to support the egg
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Media Bites 17 Feb: Lloyds Pharmacy, Virgin Wines, Iceland
The owner of Lloyds Pharmacy is exploring a £400m sale of the business
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Lidl becomes sponsor of Channel 4’s Sunday Brunch
The discounter plans to use its social media channels to showcase how Lidl’s ingredients can be used to make recipes from the Sunday morning show
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Virgin Wines announces £100m London float
The fast-growing wine importer and distributor expects its shares to be admitted to London Stock Exchange’s AIM on or around 2 March
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City snapshot: Kerry reports ‘strong recovery’ as year-end sales return to growth
Irish food and nutrition supplier Kerry Group has posted a 4% drop in annual sales in 2020, which it said representing a ‘strong recovery’ since April with improvements in its taste & nutrition and consumer foods divisions.
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Bulk takes on Huel with launch of meal replacement trio
Source: Bulk The brand has created what it calls a ‘complete food shake solution’ in three flavours Sports nutrition brand Bulk is hoping to challenge Huel with its first meal replacement. The brand has created what it calls a “complete food shake solution” in three flavours – ...
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Weetabix sales surge following baked beans social media post
A divisive post showing the cereal bars slathered in baked beans went viral last week
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City snapshot: Coca-Cola European Partners sweetens offer for Coke bottler Amatil
Coca-Cola European Partners has sweetened its offer for Asia-Pacific Coke bottle Coca-Cola Amatil to reflect an improvement in global trading conditions. Plus, Kerry Group reveals plans to buy Spanish biotech firm, Jim McCarthy steps down as Wynnstay chairman and Ultimate Products acquires German kitchen electrical brand Petra.
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Media Bites 15 Feb: Deliveroo, Brexit exports, Patisserie Valerie
Deliveroo is continuing its march into groceries with a major expansion of services across the UK
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Shop planning applications plummet as developers ‘cut retail pipelines’
The worst hit areas are in the south west, with planning applications for shops falling 94% in Totnes, Dartmouth and South Hams
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Ocado’s booming retail sales received short shrift from the City
Where are the customers?” asked one broker as Ocado’s booming retail sales failed to impress investors
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Lotus plots global growth drive for UK brands with new international division
Nakd and Bear owner Lotus Bakeries is to set up a dedicated international hub for its UK brands make a concerted push to grow their global distribution.
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Tesco plans to roll out mass Covid testing for in-store workers
The UK’s biggest supermarket said it was considering “all options” for testing staff
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Sainsbury’s Aldi Price Match is ‘really taking on Tesco’
The campaign has been widely interpreted as a defensive strategy
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City snapshot: Symington’s hires advisors as it eyes £100m sale
The private equity owners of Leeds-based food group Symington’s have hired bankers to explore sales options. Plus, Kraft Heinz sells nuts business to Hormel Foods for $3.4bn, PepsiCo boosted by at home snack consumption and all the rest of the latest news from the City
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Media Bites 12 Feb: Kraft Heinz/Planters, Asda, Marston’s
Kraft Heinz has agreed to sell its Planters peanuts and snacks business to Hormel Foods for $3.35bn as it seeks to shore up its balance sheet and boost growth