All news articles – Page 1004
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NewsMedia Bites 17 March: Greggs, Visa, Ocado
Greggs is pushing ahead with ambitious plans to open 100 new shops this year despite falling to its first loss in 37 years as a public company
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NewsCity snapshot: SSP Group launches £475m rights issue as it readies for slow Covid recovery
Upper Crust owner SSP Group is planning to raise £475m from shareholders in a rights issue to strengthen the balance sheet and prepare for a recovery from the coronavirus pandemic as lockdown restrictions begin to lift. Plus, Dutch dairy company FrieslandCampina agrees jv with Egyptian cheese maker to focus on the exports to Africa and the Middle East. And Science in Sport reports full-year results.
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NewsDanone launches Aptamil baby formula in pre-measured tabs
The tabs come in packs of 24 in sachets of five, with one tab equivalent to a standard scoop of powdered formula
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NewsUK, EU and Norway agree on 2021 fish catch limits
The limits include reductions in catch for four out of six main species
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NewsYoplait agrees deal to sponsor Team GB for next three years
The partnership between Yoplait owner General Mills and the British Olympic Association starts with this year’s postponed Tokyo Games
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NewsPoundland eyes another €20m saving through further rent talks with landlords
Costs are already down 36% on leases renegotiated in the last two years
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NewsCentral England Co-op targets 90% reduction in carbon footprint by 2030
The society has committed to a seven-figure investment aimed at saving 450,000 tonnes of carbon over 10 years
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NewsMFG to invest £400m in ultra-rapid electric vehicle charges by 2030
The move will see 3,000 150kW and 350kW EV chargers installed at 500 sites
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NewsAmazon opens second London ‘just walk out’ Amazon Fresh store
Its first store opened earlier this month in Ealing
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NewsCity snapshot: Greggs falls to first loss as store closures drive 36% sales drop
Bakery and food to go chain Greggs has reported its first loss since it floated in 1984 as the coronavirus and resultant store closures hammered sales. Plus, Bakkavor sales drop in UK convenience sector falls, C&C Group sells US cider brand and all the rest of the latest news from the City.
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NewsMedia Bites 16 March: Thorntons, Iceland, Danone, Deliveroo
The decision by Thorntons to close all 61 of its physical stores after suffering through the Covid pandemic is covered by the papers this morning.
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NewsFarmer Connect raises $9m to meet surging supply chain demand
The investment would be used to capitalise on demand for sustainable, inclusive and efficient agriculture supply chains
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NewsThorntons to permanently close all stores to focus online
Chocolatier Thorntons is set to disappear from the high street following a decision to close down its remaining network of 61 stores, putting more than 600 jobs at risk.
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NewsSelfridges opens pop-up street food kitchen in Oxford Street store
The first food vendor taking part is Venezuelan street food brand Pabellón
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NewsHoly Moly unveils salsa as first in raft of dips NPD
The brand this week unveiled the first of numerous launches to come over the course of 2021
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NewsWasabi appoints Kate Lucas as first grocery MD following ready meals success
Wasabi said Lucas had a strong track record of “building great brands across the grocery market”.
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NewsUnitas signs Y International up to buying group
Lulu Group operates more than 200 retail stores across the Middle East and India
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NewsFWD offers help with pandemic funding support
The Federation of Wholesale Distributors has pledged to help members access the latest £425m government funding
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NewsEG Group rescues 260,000 meals with Too Good To Go across UK and Europe
The fast-growing forecourt operator teamed up with the anti-waste app in October last year
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NewsMüller targets ‘underserved’ high-protein shoppers with Müller Rice NPD
The duo are the first new Müller Rice products in more than three years