All news articles – Page 2760
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News
Payzone seeks new markets with money
Payzone is set to receive a multimillion-pound cash injection from its owner Duke Street Capital as it looks to drum up new business from electronic bus ticketing, football pools and debt collection. MD Gary Jennison said the company was…
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NewsMorrisons drops biggest hint yet of bid for Iceland
Morrisons appears to have signalled its intention to bid for frozen food retailer Iceland by appointing Credit Suisse as an advisor. Iceland’s majority owners, the officials responsible for the winding up of Icelandic bank Landsbanki, put their 67% stake up for sale in May.
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NewsTesco eyes legal challenge to OFT price fixing fine
Tesco has vowed to battle the multimillion-pound fine it was handed yesterday by the Office of Fair Trading. The UK’s largest supermarket was fined £10.4m as the competition watchdog’s long-running probe into price fixing in the dairy trade finally drew to a close.
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NewsNew launches help Nestlé tuck into UK confectionery
Nestlé took an even bigger chunk of the UK confectionery market in the first half of the year, as its global results beat stock market expectations.
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NewsMastercard man Horgan ends Sainsbury’s hunt for marketing chief
Sainsbury’s has finally named its new marketing chief – a year after Gwyn Burr vacated the role. Mark Horgan joins from Mastercard and counts stints at Mars and Nestlé on his CV.
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NewsFood sales perk up in July
High street sales showed signs of improvement last month, up 0.6% on a like-for-like basis over July 2010. Food sales picked up after a sluggish June, according to data from the British Retail Consortium. And sales of food and drink were up 0.9% on a like-for-like basis between May and ...
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NewsRetailers told to put safety first after latest night of carnage
Retailers have been urged to put people ahead of property and not risk unnecessary confrontation after London plunged into a third night of riots. Store owners in the capital, as well as Birmingham, Bristol and Liverpool, saw shop fronts smashed and goods looted in what Scotland Yard called “the worst ...
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NewsGin maker Greenall goes it alone after management buyout
Spirits producer Greenall is splitting from its owner, the De Vere Group. Chief executive Christian Rose has led a management buy-out deal to create a new company dubbed G&J Greenall Group.
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NewsSymington’s takes Chicken Tonight and Ragu off Unilever's hands
Unilever has finally offloaded Chicken Tonight and Ragu – almost a year after putting the unfashionable sauce brands up for sale. Symington’s acquires the UK rights for an undisclosed sum. Unilever retains the brands in all other markets.
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News
World News: 06/08/2011
Germany: Metro Group, the owner of loss-making wholesaler Makro Cash & Carry UK, has posted flat half-year sales. Sales were up just 0.1% to 31.3bn in the first half of the year, with profits down from 470m to 452m. Its…
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NewsRiverford scales up with acquisition of BoxFresh
Riverford Organic is set to extend its market lead over Abel & Cole with the purchase of the UK's third-largest box scheme operator. Riverford has bought BoxFresh Organics and its wholesale arm Flights Orchard Organics in a deal...
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NewsGrowers of sprouted seeds eye legal action
European sprouted seed suppliers are working together to explore whether they can take legal action over the lack of EU compensation made available to their industry following the E.coli crisis. Tentative talks have started to determine...
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NewsWas Nelson nemesis again in Kraft’s split?
Nelson Peltz has again emerged as a key player in the fortunes of Kraft and Cadbury after the “astonishing” decision to split Kraft’s $49bn business in two.
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NewsSmall batch Indian sauces from Anand
TV chef and cookery writer Anjum Anand has launched seven premium home cooking sauces into Waitrose. The Spice Tailor range of ambient sauces (rsp: £2.89/255g) are hand-made in small batches in India. The line-up, inspired by regional...
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NewsArla heralds an Indian summer with Savera
Five months after it first tested the market for a new Indian dairy offering, Arla Foods is launching Savera with a view to creating the UK's number one Indian dairy brand. The five-strong range, which is going into convenience stores in...
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NewsHoney Bunches of Oats kicks off Post’s UK assault
US breakfast cereal giant Post has launched a major assault on the UK market pitting itself against the might of Nestlé and Kellogg’s.
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News
HMRC moots plans for duty stamp on beer
Duty stamps on beer could be introduced under new plans to tackle alcohol fraud being weighed up by Customs officers, The Grocer has learned. HMRC has asked major brewers for their opinions about a range of measures to tackle the…
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NewsBidvest wins in fight for Tragus contract
Bidvest Logistics has won a substantial contract to supply restaurant company Tragus Group's 300 outlets following an "intense tender process". The five-year contract to deliver to restaurants including Café Rouge, Bella Italia and...
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NewsBirks goes Undercover to probe Poundworld
Poundworld's marketing director Martyn Birks has gone undercover as part of a Channel 4 reality TV programme to root out problems at the fixed-priced discounter and find ways to boost profits. As part of the Undercover Boss programme,...
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NewsEx-Green & Black’s chief Lowe hired as MD of Kettle Foods
Kettle Foods has appointed the former boss of Green & Black's chocolate as its new managing director. Dominic Lowe has picked up the reins of the premium crisps maker following its acquisition by US snack food giant Diamond Foods from...