Premium petfood brand Lily’s Kitchen has been acquired by Nestlé Purina with the aim of boosting its global growth
English winemaker Chapel Down has experienced “substantial” growth in supermarket, off license and online sales, but has shuttered its beer and cider brewing arm due to the closure of on-trade outlets. Plus, UK shop prices fall 0.8% in March and all the rest of the latest news from the City.
Britons made nearly 80m extra grocery shopping trips in March – spending almost £2bn more on food and drink than in 2019
Grocery sales at independent retailers and symbol groupsvhave outpaced the record growth of traditional supermarkets and discounters
Shares in FTSE 100 tobacco giant Imperial Brands closed up more than 12% on its reassurance to the market that the current coronavirus outbreak has had “no material impact” on trading.
The UK grocery industry experienced its strongest four-week period on record in March, with overall industry growth of more than 20% and the sales increase of established players rivalling that of the discounters
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