All news articles – Page 1156
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NewsTesco boss Dave Lewis confirms plans to ramp up Aldi price war
Lewis also sought to reassure brands the move would not negatively impact innovation
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NewsPoundland changing rent payments to monthly in arrears across estate
All new property deals also include so-called ‘Covid clauses’, providing the retailer with protections in the event of a future pandemic
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NewsCo-op slams government inaction over shopworker abuse
Co-op is calling on the government to act urgently to halt a potential store crime epidemic
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NewsProperty investor picks up five Waitrose stores and Ocado warehouse for £73m
The publicly listed group purchased a portfolio of five food stores let to Waitrose in a £62m sale and leaseback agreement
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NewsReport sets out four potential post-coronavirus scenarios for retail and foodservice
Each scenario addresses a possible path of the virus and its impact on the economy
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NewsMedia Bites 26 Jun: Rent payments, Pret a Manger, Intu
Retailers pay less than 15% of the rents owed, Pret warns it is in the “eye of the storm” and shopping centre owner Intu is likely to call in administrators
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NewsCity snapshot: Online sales surge boosts Tesco’s first quarter
Tesco has reported first-quarter UK like for like sales growth of 8.7%, including a forecast £2bn rise in online sales which have nearly doubled since the COVID crisis began.
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NewsPremier Foods shares surge to six-year high on strong branded growth
Premier Foods shares jumped to a six-year high this week, as the surge in sales during lockdown looks set to drive its performance this year beyond City expectations.
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NewsCoca-Cola readies move into alcoholic drinks with EH Canning brand
Experts have suggested EH Canning would mark the next logical step in Coke’s journey to become a force in alcohol
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NewsGreat British Porridge Co launches trio of single-serve pots
Its three flavours – Classic Chocolate, Caffé Latte and Blueberry & Banana – are rolling out now
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NewsHome workouts hurt sports nutrition sales
But while supermarket sales are under strain, brands have reported an uplift in DTC purchases
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NewsTesco to donate 10p from all free-from sales to Natasha Allergy Research Foundation
The Foundation was set up by the parents of Natasha Ednan-Laperouse, who tragically died in 2016 after an allergic reaction to sesame in a Pret a Manger baguette
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NewsSoaring cost of production threatening future of UK growing sector: report
Labour costs had risen by 34% across the fresh produce sector between 2016 and 2020 and by up to 15% higher during the coronavirus crisis
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NewsCalls for suppliers to extend best-before dates to save £1m of food a week
Wholesalers are struggling to convince catering customers to accept stock with short BBE dates
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NewsWaitrose relaxes size and shape specs to sell more wonky veg
The retailer said it would sell wonky carrots, parsnips and asparagus to make sure as much of the UK crop was available to customers over the coming months as possible
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NewsL’Oréal accelerates range of sustainability pledges
It has unveiled a new programme called L’Oréal for the Future
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NewsIndustry bosses hit back at claims meat factories are ‘virus breeding grounds’
Earlier this week Welsh First Minister Mark Drakeford said it was investigating the theory that the ‘cold and damp’ conditions at meat plants may make them ‘predisposed’ to coronavirus outbreaks
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NewsMedia Bites 25 Jun: Tariffs, John Lewis, Waitrose
Trump reignites trade war with Europe, John Lewis names Coop Pippa Wicks as new boss and Waitorse chief Bailey warnes on lower food standards
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NewsCity snapshot: Young’s taps investors for £88m ahead of pub reopenings
Pub group Young’s has raised over £88m from its investors via a share placing to boost its balance sheet ahead of the reopening of its pub estate and “pursue opportunistic acquisitions”. Plus trading updates from Science in Sport, Gusbourne and all the rest of the latest news from the City.
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NewsWaitrose takes stand against chlorinated chicken
The retailer’s new executive director James Bailey said a move to sell lower-standard imports would be an ‘unacceptable backward step’