All News articles – Page 3
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NewsCity Snapshot: Greggs profits from easing of lockdown as sales surge
Profits at Greggs look set to return to pre-Covid levels quicker than expected after sales at the bakery chain surged as shoppers flocked back to the high street in April. Plus, a trading update from Hotel Chocolat reveals a strong performance.
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White Rabbit to move into pasta with free-from ravioli launch
The pizza startup will this week roll Aubergine Ravioli into Sainsbury’s chillers
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Plenish set for major retail push following acquisition by Britvic
Plant-based drinks maker Plenish is set to take on Alpro and Oatly as part of a major retail push by new owner Britvic following its acquisition this week.
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Riverford Organic Farmers revenues rise on ‘phenomenal surge in demand’
Turnover at the Devon-based company jumped 13.5% to £75.7m for the 52 weeks to 30 April 2020.
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City News: AB InBev’s new top team will benefit from post-lockdown resurgences
AB InBev confirmed on Thursday that CEO Carlos Brito would step down after 15 years in charge, to be replaced by North America chief Michel Doukeris, amid a strong rebound of first quarter sales as coronavirus restrictions eased across key markets.
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Straight & Narrow seeks £100k from crowd ahead of ‘disruptive’ low & no launch
The brand is pushing for funding to launch a 13-strong range of non-alcoholic spirits
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Beer shortages in c-stores as hospitality demand soars
The Grocer has spoken to numerous industry sources who are facing supply issues on core beer lines
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Linda McCartney’s launches first plant-based milk alternative lines
The organic quartet would deliver on the taste credentials that were “synonymous” with Linda McCartney’s, it said
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BRC calls for end to social distancing as retail footfall struggles
BRC CEO Helen Dickinson said businesses were hoping for social distancing to come to an end
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10p plastic bag charge to come into force on 21 May
The fee for single-use carrier bags in England will double to 10p and be extended to all shops
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Lidl quits digital DRS group, amid confusion fear
The retailer, alongside Aldi, Co-op, Ocado, suppliers Diageo and Danone and the BRC, had been part of the Digital DRS Industry Working Group
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Soreen launches Fruit & Veg-Mmms cake bars for kids
The cake bars contain ’40% fruit & veg’ and are claimed to 50% less sugar than competitors
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Organics fear exclusion from EU due to trade deal ‘omission’
Exporters say the consequences could be ‘unfair and arbitrary’
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City Snapshot: Kitwave unveils £105m IPO on London’s junior market
Wholesaler Kitwave has announced it will join the London Stock Exchange in a move valuing the company at £105m. Plus, shoppers return to the high street as Covid restrictions eased and non-essential stores reopened, according to latest footfall data.
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Waitrose defends rates relief as it posts record profits
Waitrose posted record levels of profits last year as sales boomed during a period in which it benefited from business rates relief.
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Media Bites 7 May: Sainsbury’s, AB InBev, Beyond Meat
Sainsbury’s has hired the former boss of John Lewis Paula Nickolds to take charge of its £7.8bn clothing and general merchandise arm.
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Asda confirms sustainability ambitions in first ESG report
Affordable greener choices, reducing single-use plastic and cutting food waste came top of the list of demands from customers, Asda said
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Philip Morris International names new CEO after shock departure of chairman
Louis Camilleri left for unspecified personal reasons late last year
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Asda trialling secure boxes for unattended online deliveries
Asda is launching the trial with a small number of customers to take deliveries when they are not at home
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Co-op and Unilever partner on Europe’s first smart ice cream vending machine
A combination of cameras and sensors within the Wall’s branded freezer identify which products have been removed by the customer
