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NewsMedia Bites 11 May: THG, Greggs, Hotel Chocolat, Waitrose
The Hut Group is in focus this morning in the papers, alongside a flurry of other food and drink news.
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City Snapshot: “Encouraging” start for Morrisons but sales growth slows in Q1
Growth has slowed at Morrisons in its first quarter as society began to reopen and the supermarket started to lap its own figures from last year when panic-buying was in full force during the first national lockdown. Plus, Q1 figures from Coca-Cola Europacific Partners, THG acquire US beauty product manufacturer, the latest retail sales data from BRC-KPMG and the latest spending report from Barclaycard.
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Waitrose introduces online delivery fee to ‘bring us in line with rest of market’
The delivery fee was introduced quietly late last month as part of a “trial” at selected stores across the UK
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Smol raises $34m to expand DTC detergent startup
Smol, founded by two former Unilever directors, has raised $34m (£24.1m) in a funding round
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Peperami rebrands in bid to lure younger shoppers
The brand has redesigned its packaging to appeal to a ‘wider and younger demographic’
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The Grocer 33 links up with new technology provider Assosia
The Grocer’s iconic mystery shopping competition will undergo further enhancements as service provision switches to Assosia
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Tesco to ditch plastic rings and shrink wrap from its entire beer and cider range
The supermarket will stop receiving drinks that are held together by soft plastic rings and shrink wraps this month
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Retailers ‘smash’ emissions target but transport emerges as key concern
Carbon emissions from more than 70 big retailers, representing a quarter of the entire market, have fallen by 49% since 2005
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Iceland throws backing behind sepsis awareness campaign
The Iceland Foods Charitable Foundation has worked with the UK Sepsis Trust to co-develop and help fund an initiative encouraging businesses to educate staff about signs of the condition
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Portman Group rules against ‘Quickie’ wine brand over ‘demeaning’ artwork
A complaint against Quickie wine was made to the watchdog by a member of the public who argued it was sexist
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The Coconut Collaborative claims ‘category first’ with Peanut Butter Choc Cups
The NPD is said to be the first potted dessert available in retail that combines the popular flavours
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Jersey Royal potato harvest hampered by poor weather
Unseasonably cold and dry weather has led to lower export volumes, according to a key supplier
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Hotel Chocolat shares soar on expectation of post-lockdown profits boom
Revenues at the business in the eight weeks to 25 April were 19% higher than two years ago
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Valeo acquired by PE giant Bain Capital
Current PE owner CapVest hired bankers at Goldman Sachs earlier this year to run an auction for Valeo, with a reported price tag of around £1.5bn
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Waitrose ends two-hour Rapid delivery in favour of Deliveroo
Waitrose said its Rapid service and Deliveroo partnership were operating ‘with lots of overlap’
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Morrisons unveils new ‘Make Good Things Happen’ loyalty scheme
It has updated its app to become a hub for all of its online services, including online shopping and café menus
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Comfort highlights clothes care with Ultimate Care reformulation
The relaunch and accompanying campaign aim to reinforce the brand’s position as a ‘clothes care expert’
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Morning cuppa threatened by climate crisis, report warns
PG Tips, Tetley, and Twinings echoed the warning
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Nutri-Genetix secures £50k on Dragons’ Den
The food tech brand, which claims to have developed the world’s first genetically personalised nutrition shake, secured the backing of Peter Jones and Touker Suleyman on the BBC One programme aired on 6 May 2021.
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Media Bites 10 May: Asda, Gousto, Tesco
Asda is to deliver groceries to customers when they are not at home in a major escalation of the supermarkets arms race for online shoppers.
