All The Grocer articles in 29 August 2020 – Page 8
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NewsCity News: Diageo shares under pressure as results fail to meet expectations
Shares in the world’s largest spirits group Diageo came under pressure this week as its annual results undershot meagre expectations and it took £1.3bn of coronavirus-driven writedowns.
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NewsMedia Bites 7 August: Diageo, Hammerson, M&S/Ocado
Diageo has locked horns with LVMH, the world’s biggest luxury goods firm, over an unpaid dividend
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NewsCity snapshot: Footfall slowly returning to Britain’s shops and centres
Shoppers are slowly making their way back to the high street as pubs, cafes and restaurants reopen
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NewsLockdown inflation falls back as grocers head for a price war
The lockdown-driven spike in supermarket inflation dramatically fell back in July as the major grocers fired the first shots of a post-Covid price war.
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NewsLucozade Ribena Suntory shifts to its drink-later portfolio to offset Covid-19 trading hit
The dramatic collapse in footfall on the high street depressed demand for impulse soft drink purchases with consumers stuck at home
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NewsBusiness rates appeals rocket as Covid-hit firms claim ‘material change of circumstance’
The number of cases lodged in the first stage of the process was nearly as high in the three months to 30 June as in the previous three years
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NewsGovernment rent support still needed to save ‘hundreds of thousands of retail jobs’
A government ‘code of practice’ introduced in June to aid negotiations between landlords and tenants has not helped where businesses simply don’t have the money to pay, according to the BRC
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NewsLidl targeting ’supermarket convenience’ with new-format London stores
The revelation came as the retailer opened its 100th London store, in Beckton, and announced plans for 30 more in the capital by the end of 2025
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NewsMedia Bites 6 August: M&S/Ocado, WH Smith, Morrisons
Marks & Spencer is undertaking a huge operation aimed at hanging on to Ocado customers when it replaces Waitrose as the online grocery company’s supplier next month.
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NewsCity snapshot: Out of home closures hit first half trading at Coca-Cola European Partners
Great Britain Coke bottler Coca-Cola European Partners has reported a 26% revenue slump in second quarter as the closures of food to go outlets hit trading across Europe. Plus , McColl’s falls to first half loss, trading updates from Naked Wines and Hammerson and all the rest of the news from the City.
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NewsNew government-backed guide promises up-to-date Covid advice for retailers
The guide, aimed at retailers ranging ‘from department stores to greengrocers’, promises up-to-date information on responsibilities to staff and customers
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NewsIceland partners with Jason Manford for weekly ‘virtual’ stand-up comedy show
It comes after the comedian tried his hand at being an Iceland delivery driver
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NewsWH Smith to cut up to 1,500 jobs after coronavirus sales slump
The group said the costs associated with its restructure will be in the region of £15m-£19m
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NewsProfits lose fizz at Coke bottler Coca-Cola HBC during lockdown
Profits went flat at Coca-Cola HBC as the world went into lockdown, but the fizzy drink bottler reported “encouraging” signs as markets reopened.
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NewsMedia Bites 5 Aug: Brexit/Northern Ireland, Pizza Express, Deliveroo/Amazon
Extra paperwork required by Brexit will raise UK supermarkets’ cost of operating in Northern Ireland so much that some may pull out, a trade group warned.
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NewsPoundland announces next 19 stores to get frozen and chilled ‘shops in shops’
The stores will also get a makeover as part of Poundland’s transformation drive, the retailer said
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Analysis and FeaturesPlastic packaging: what are the latest moves by UK supermarkets?
Here are some of the biggest achievements and announcements from the supermarkets over the past year
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NewsSupermarket pork at risk of fuelling deforestation, warns report
The majority of soy used in UK supermarket pork supply chains cannot be traced back to country of origin, the report found
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NewsGovernment urged to give clarity over business rates to save jobs
Clarity is needed over whether the business rates holiday for retail and hospitality will continue beyond April 2021, say property experts
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NewsLockdown and writedowns halve Diageo’s annual profits
Annual profits at global spirits giant Diageo have almost halved amid write-downs of £1.4bn and an 8.4% slump in sales due to closure of pubs and restaurant, the cancellation of sporting events and a plunge in travel retail.