All news articles – Page 1030
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NewsCity snapshot: EG Group to buy Asda forecourts for £750m
The Issa brothers and TDR capital have announced a financing package to underpin their £6.8bn acquisition of Asda from Walmart, which includes plans to sell the supermarket’s forecourts business and certain distribution assets. Plus, Jeff Bezos to step down at Amazon and all the rest of the latest news from the City.
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NewsMedia Bites 3 Feb: Amazon, Nestlé, Kantar
Amazon CEO Jeff Bezos, who founded the company in 1994, will step down after ecommerce giant recorded $100bn in sales for last three months of 2020.
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NewsClover unveils ‘reassuringly imperfect’ digital marketing campaign
The dairy spread brand will target parents with its new ‘Spread the Real Love’ campaign
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NewsFood workers told to report to work despite new Covid variant
The Grocer revealed last month that mass testing for coronavirus was being rolled out across the industry
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NewsRed meat benefits from turkey sales drop to enjoy ‘best Christmas on record’
Year-on-year beef roasting joint sales jumped by 18% over Christmas, AHDB said
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NewsKingsmill adds ‘unique fusion’ loaves to 50/50 bread range
It said the loaves represented a “never-before-seen proposition” for bread shoppers
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NewsBrits fear HFSS promotions ban will push up price of food
The survey by BritainThinks found 73% of shoppers said they usually or always purchased products that were on promotion
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NewsCosta Coffee extends partnership with Too Good To Go across 1,100 stores
The coffee chain has so far saved 100,000 bags of surplus food since it kicked off the tie-up with the anti-waste app in 2018
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NewsM&S launches first own-label baby care range
The 19-strong Little Smiles range includes nappies, baby wipes, bubble bath, cotton wool balls and body lotion
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NewsAlan Barry replaces Ingo Fischer as Lidl GB chief development officer
Fischer has spent 17 years working for Lidl GB, including over a decade as board director
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NewsScotch whisky losses top £500m due to US tariffs
The tariffs were initially introduced in retaliation for illegal EU state support given to Airbus
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NewsSimplyFresh eyes 30 retailers for ‘supplied by Sainsbury’s’ model
The symbol group believes the model will have a strong appeal for multi-site retailers
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NewsNI suspends animal food checks over staff safety fears
A council said there had been an ‘upsurge in sinister and menacing behaviour in recent weeks’
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NewsCity snapshot: Lockdown helps supermarket sales growth to accelerate in January
The UK-wide coronavirus lockdown has spurred further growth in take home grocery sales during January, as shoppers spent £1bn more on supermarket food year-on-year during the month
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NewsMedia Bites 2 Feb: Marston’s, whisky, Amazon
Marston’s has rejected a £693m offer from the Beverly Hills-based private equity group Platinum Equity on the basis that it “significantly undervalues” the business.
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NewsOcado Zoom trials zero emissions fleet
The trial includes electric refrigerated vans, refrigerated electric assisted vehicles (EAVs) and pedal-powered cargo bikes
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NewsAldi invites those affected by Arcadia and Debenhams collapse to apply for jobs
The supermarket’s expansion plans are due to see 4,000 new roles created across the UK this year
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NewsRowse Honey to challenge Nutella with move into chocolate spread
Rowse said it hoped to capitalise on upcoming ‘key dates’ for the category such as Pancake Day
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NewsAlmost 600,000 sign up for Veganuary 2021
A total of 582,538 people signed up for the event globally, said the organisation, up from 400,000 last year
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NewsJW Filshill acquires Eldorado Wines as it eyes growth through diversification
The new business stream will operate under a subsidiary, Differentiator Brands