All The Grocer articles in 27 February 2021 – Page 7
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Symington’s private equity owner explores sale options
Chicken Tonight owner Symington’s has hired advisors to explore sale options following a successful turnaround
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CMA gives Diageo the green light to complete Chase acquisition
UK regulators have cleared Diageo’s acquisition of Chase Distillery after concluding the deal will not result in a “substantial lessening of competition”.
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Arla shrugs off foodservice sales plunge as branded revenues soar
Many consumers turned to cooking and baking under lockdown, helping to boost sales of Arla’s global brands Lurpak, Arla and Puck
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Relaxing high street planning rules is ‘one-way street’, industry leaders warn government
The chiefs of industry bodies including the ACS and BPF have warned against proposals to allow high street shops to be converted to housing without planning permission
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Media Bites 11 Feb: Coca-Cola, Heineken, SSP Group, Sainsbury’s
Coca-Cola’s sales dropped 5% in the final quarter of 2020, as a resurgence of coronavirus cases prompted renewed curbs on restaurants and bars.
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City snapshot: CCEP posts double digit drop in annual sales amid out-of-home slump
UK and European Coke bottler Coca-Cola European Partners has reported an 11% drop in annual sales as its away from home volumes have plunged by more than a quarter
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Warburtons invests in The Artful Baker as Batch Ventures gets off the ground
Warburtons has backed biscuit producer The Artful Baker in the maiden investment as part of its Batch Ventures bakery innovation fund.
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Coca-Cola predicts improved 2021 despite double-digit sales drop
After a difficult year, Coca-Cola’s numbers improved in the fourth quarter
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The Range begins rollout of ‘many more’ in-store Iceland supermarkets
Nine are planned to open within the next five weeks
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Giles Brook joins Bio & Me as lead investor
Brook joins Bio & Me as lead investor and advisor, with his six-figure backing to be used to raise brand awareness and help with new product launches.
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Monster Munch goes Giant with bigger bags duo
The launch marks the first NPD from Monster Munch in a decade
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City snapshot: Heineken slashes 8,000 jobs as pandemic plunges brewer into the red
Heineken is cutting 8,000 jobs around the world in a €2bn cost-saving drive to reshape the group and kick-start growth in the wake of the coronavirus pandemic.
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Media Bites 10 Feb: Ocado, Tesco, Brewing and pubs
Ocado sharp rise in sales and profits is put in context, with the papers noting the online retailer has still never made an annual profit
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Gillette razors axe plastic in favour of cardboard packaging
The move by the P&G shave brand is expected to eliminate 66 tonnes of plastic
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Ocado loss falls to £44m after bumper retail growth
The online grocer has cut its annual loss by almost 80% amid booming sales during the pandemic, but warned growing costs will continue to constrain profitability
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Nescafé gets raft of NPD including ‘craft’ instant coffee and custom latte
It claims its new Azera Craft NPD is “the UK’s first craft coffee in an instant format”
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Media Bites 9 Feb: Household spending, hospitality, Brexit
UK consumer spending and retail sales fell in January at the fastest pace since May, suggesting the economy has been hit harder by the current lockdown than November’s restrictions despite people switching to online shopping.
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Supermarket chiefs call on Sunak to ‘level the playing field’ with online sales tax
The chancellor must use the Budget on 3 March to commit to reducing the burden on bricks and mortar shops, according to a letter signed by 18 retail leaders
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Mars adds Galaxy Chocolatey Moments to biscuits lineup
The Galaxy biscuits will be manufactured by Burton’s Biscuits
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City snapshot: Lockdown drives sales boom at Ultimate Products
Ultimate Products has raised its expectations for the year as the boom in online shopping and supermarkets during lockdown continues to benefit the consumer goods group. Plus, Cake Box opens 150th store.