All news articles – Page 1351
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NewsCity snapshot: CapVest finally agrees deal to buy Young’s Seafood
Private equity investor CapVest has finally won the long running bidding process for seafood specialist Young’s and will place it in an enlarged Karro Food Group. Plus, Morrisons restates first-half and full-year restated 2018/19 results on a IFRS 16 basis and all the rest of the latest news from the City.
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NewsMedia Bites 2 July: Pret A Manger, Sainsbury’s, Thorntons
Pret A Manger chief executive Clive Schlee will step down in September to be replaced by Pano Christou, chief operating officer
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NewsAs Nature Intended back in the black as it plots future expansion
Health and organic food retailer As Nature Intended swung to a pre-tax profit in 2018 despite having to shut down one of its main London shops in a refurbishing programme.
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NewsCapVest-owned Karro acquires Young’s Seafood
Karro Food Group, the pork processor owner by private equity investor CapVest, has agreed terms to buy UK seafood business Young’s.
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NewsAldi to trial removing plastic packaging from toilet roll
The discounter will sell four-packs of Luxury Toilet Tissue packaged in paper in a trial across 174 stores
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NewsBespoke supplements brand The Nue nets $9m investment to accelerate growth
The Nue plans to use the capital raised to grow its direct-to-consumer offering and expand product range.
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NewsExplainer: what is Sainsbury’s Taste of the Future initiative?
Taste of the Future is the latest phase of Sainsbury’s Future Brands programme, designed to identify ‘distinctive’ disruptor brands. So how does it work?
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NewsScottish dairy business McQueens to create 100 jobs in ‘ambitious’ expansion push
McQueens Dairies has revealed an “ambitious” multi-million expansion plan which will see the creation of up to 100 new jobs within two years.
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NewsEvian unveils 100% rPET bottle in Wimbledon trial
The innovation is part of Evian’s commitment to ensure all its bottles are 100% rPET by 2025
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NewsBooker retail MD to take on Motor Fuel Group role
Fox will start his new role as MD of retail with the forecourt operator on 1 September
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NewsB&M to favour ‘Express’ banner in Heron Foods expansion
B&M began adding ‘Express’ to its name to rebrand Heron Foods stores last year
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NewsVaping brand Juul to launch first UK marketing campaign
The campaign features testimonials from five ex-smokers aged 30 or over, each of whom have made the switch to Juul
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NewsClive Schlee to step down as Pret a Manger CEO
Schlee has overseen a tenfold rise in sales, helping Pret become a billion-pound business with over 550 shops
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NewsSean Bean and Dynamo star in Yorkshire Tea’s £3m TV push
Two new ads mark the second phase of the brand’s ‘Where everything’s done proper’ campaign
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NewsCity snapshot: UK growth stalls amid stagnant economy and Brexit uncertainty
UK economic conditions remained stagnant in the second quarter of the year amid a fall in manufacturing output and the impact of ‘relentless Brexit uncertainty’, according to the British Chambers of Commerce.
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NewsMedia Bites 1 July: Sainsbury’s, Brexit, AB InBev
Sainsbury’s boss Mike Coupe has said pressure on retail means mergers are inevitable — months after his £14bn move for Asda was blocked by regulators.
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NewsListeria outbreak: sandwich firm ceases trading
One hundred and twenty-five jobs will be lost following the liquidation of The Good Food Chain
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NewsPercentage of women in top wholesale jobs up 55%
33 females out of a possible 192 positions are currently in senior level roles
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NewsSmart refrigeration study envisions 30-minute switch-off periods
The Innovate UK research also found that a linked UK network of commercial refrigeration systems could cut CO2