All The Grocer articles in 29 August 2020 – Page 7
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City snapshot: Carlsberg posts double-digit sales and profits drop amid lockdown closures
Carlsberg has posted an 12.6% drop in first half revenues and a double-digit fall in operating profits as the coronavirus pandemic hammered its second quarter sales.
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Cross-party MP group to demand ‘all-in’ bottle DRS
20 MPs are calling for plastic and glass bottles, aluminium cans, cartons, pouches and coffee cups to all be included in the DRS
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Plant-based meat producer This smashes through fundraising target to net £3.8m
Fast growing plant-based meat alternatives player This has raised almost £3.8m of new funding following the public launch of a convertible bond offer on crowdfunding platform Seedrs.
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Feature Synopsis
Focus On Sports Nutrition: 19 September
What’s next for sports nutrition? How is business picking up for sports nutrition brands?
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Accolade Wines launches The Park independent booze production business
The move comes after a strategic review of how to best optimise its Accolade Park facility in Bristol
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Warburtons adds square Sliced Sandwich Rolls in four-pack
It comes after lines such as rolls and bagels were the driving force of Warburtons’ sales last year
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Lockdown order surge underpins Just Eat Takeaway.com global sales jump
Takeaway food delivery giant Just Eat Takeaway.com has posted a 44% jump in first half sales to over €1bn as a flurry of orders during the global lockdown periods boosted first half trading.
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Media Bites 12 August: McCain, Ben & Jerry’s, Domino’s
The UK’s £1bn potato growing sector has been hit so hard by extreme weather and coronavirus that its largest customer is stepping in with £25m of support to secure its supply chain.
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Swindon Tesco Extra hit by coronavirus outbreak among staff
Tesco confirmed there had been a small number of confirmed coronavirus cases at the supermarket
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Retail sales increase for second month in a row but food growth slows
Food and grocery sales have slowed down in July following exceptional growth at the height of the coronavirus outbreak as shopper behaviour returns to “normal”
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Media Bites 11 Aug: Unilever, Retail sales, Eating out
Unilever has threatened to abandon its plan to unify its headquarters in London and dump its dual share structure if a new tax that could cost it €11bn gets the green light in the Netherlands
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Superdrug launches campaign to combat aggression towards staff
The retaler is also adopting a zero-tolerance approach to aggression, pledging to take the strongest action including supporting prosecution
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Retailer profit warnings slow after record first quarter
Some 38 profit warnings were issued by FTSE retailers in the first quarter but only nine from April to the end of June, according to the latest data from accountancy firm EY
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Paying half of unpaid rents would save government nearly £7bn in lost taxes, industry leaders claim
Factoring in the impact of unemployment in the wider economy, the cost saving to the government would be even higher, according to the research
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City snapshot: Supermarket Income REIT snaps up Morrisons store
Supermarket Income REIT snapped up a Morrisons store in Telford for £14.3m
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Media Bites 10 August: Tate & Lyle, WH Smith, M&S/Ocado
Brexit backers Tate & Lyle are set to gain £73m from end of EU trade tariffs
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Poundstretcher DC in Leicestershire suffered coronavirus outbreak
The Grocer can also reveal Poundstretcher owner Aziz Tayub was this week questioned by police over an allegation he did not self-isolate after returning from a trip to Dubai
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Capital Cooling Refrigeration sold in pre-pack administration as Covid-19 chills business
Scotland-headquartered Capital Cooling Refrigeration was unsuccessful in its attempts to secure government support following financial difficulty caused by the pandemic
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Baxters expands into chilled foods with Orexis acquisition
The Edinburgh-headquartered group completed the acquisition of Orexis Fresh Foods for an undisclosed price this month
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Weetabix sales boost not enough to offset foodservice slump at owner Post
A third-quarter bump in sales was not enough to keep Post Holdings in growth