All news articles – Page 1560
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NewsCity snapshot: Asda annual profits drop 13% as investment in price weighs on bottom line
Asda has posted a 13% drop in annual operatings profits as it invested in price and new products to regrow sales. Plus, Supermarket Income REIT has bought the Tesco Extra supermarket in Scunthorpe, plus all the rest of the latest news from the City.
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NewsMedia Bites 31 May: Grocery market share, B&M, IFS
Morrisons led the grocery pack in terms of sales over the past 12 weeks, spurred by demand for warm-weather items, according to Kantar World Panel.
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NewsCrisp-maker Tayto acquires second popcorn company Pop Notch
Northern Ireland-based crisp manufacturer Tayto Group has acquired Northern Irish popcorn company Pop Notch Ltd’s assets including its trade mark, brand name and machinery
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NewsAldi appoints Ben Shotter as MD of its Sheppey region
Shotter previously held senior property and store operations roles before becoming group buying director in 2017
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NewsSupermeat & Fish Awards: entry deadline extended
The awards will be part of The Grocer’s programme of events for the first time this year
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NewsBeyond Burger on way to UK as distribution deal agreed
The hit US vegan brand will go on sale in the UK this summer
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NewsFareShare reports 25% rise in surplus food donations
The amount sent to FareShare has more than doubled since The Grocer’s Waste Not Want Not campaign launched two years ago
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NewsM&S extends its online grocery delivery trial to Colliers Wood
Customers within a three-mile radius of the south west London branch can order food products for home delivery
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NewsMilk & More delivers new fleet of electric milk floats
The milk delivery service has spent £6.5m on 200 StreetScooter electric vans to replace diesel vehicles on urban rounds
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NewsGreggs goes undercover to showcase summer menu at foodie festival
The high street chain rubbed shoulders with Michelin-starred chefs and TV personalities under the guise of Gregory & Gregory
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NewsKFC pledges to cut calories by introducing healthier menu
KFC also plans to provide price incentives as part of trials to try to get consumers to switch to healthier sides
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NewsFuel10K adds high-protein breakfast Oat Cookie duo
The two variants contain protein of around 21.5g per 100g and 3.8g of sugar
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NewsArla to end cheese production in Wales
Up to 154 jobs could be lost as part of a strategic review of its cheesemaking division
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NewsHeron Foods deal boosts annual earnings at B&M
B&M European Value Retail blew off turmoil on UK high streets as its annual profits jumped 25.4%.
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NewsIcelandic drinks brand GlacierFire to make UK debut
Using glacial spring water from the Bláfjöll Ranges near Reykjavik, the portfolio includes tonic water, beer & spirits
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NewsCity snapshot: Warm weather drives grocery sales up 2.7%
Grocery sales jumped up 2.7% over the most recent 12 week period as the early summer weather boosted food and drinks sales, according to the latest grocery market share figures from Kantar Worldpanel. Plus, annual profits jump 25.4% at B&M European Value Retail, retail prices fall 1.1% and all the rest of the news from the City.
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NewsMedia Bites 30 May: Ocado, Pret A Manger, Deliveroo
A surge in the value of online supermarket Ocado in recent weeks means it is poised to become one of Britain’s top 100 stock market-listed companies following the quarterly reshuffle of the FTSE 100 index.
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NewsCawston Press raises £1m investment for continued expansion
Upmarket soft drinks brand Cawston Press has secured £1m in investment following an equity fundraising round to support the fast-growing company’s expansion
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NewsUK pet retailer snapped up by private equity buyer
The UK’s second largest pet retailer Jollyes Retail Group has been acquired in an MBO backed by mid-market private equity firm Kester Capital
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NewsABP completes switch to green electricity at all its sites
The move brings it within sight of reaching its 2020 carbon reduction targets two years ahead of schedule