All news articles – Page 35
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Walgreens Boots Alliance agrees to $10bn private equity takeover
Boots owner Walgreens Boots Alliance has agreed to a $10bn takeover offer from private equity firm Sycamore Partners, bringing the pharmacy giant’s time as a public company to an end
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‘Stock exchange for cows’ platform raises £1m in seed funding
The ‘first of its kind’ platform is the brainchild of Murray Roos, former head of capital markets at the London Stock Exchange
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Media Bites 7 March: Poundland, babyfood, Walgreens Boots Alliance
A potential sale of Poundland by owner Pepco makes headlines this morning, alongside Walgreens Boots Alliance going private
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City snapshot: Footfall recovery stutters in February
Retail footfall continued its recovery in February, but growth in shopper numbers slowed dramatically after the new year bounce, according to new data released this morning
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Cook shakes up merchandising in new trial to get shoppers to try more products
The trial is one of a series of moves being rolled out by the premium ready meal retailer to encourgae shoppers to try more of its menu, chief commercial officer Ashley Davis told The Grocer
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Colgate partners with government for kids’ toothbrushing scheme
The personal care giant plans to donate more than 23 million toothbrushes and toothpastes
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Mission targets growth after securing investment from F1 driver Pierre Gasly
Tea challenger Mission is gearing up for further growth after extending its fundraising round to a total of £2m and securing investment from F1 driver Pierre Gasly
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Hilton Foods moves into Middle East with new joint venture
The partnership is initially for 10 years and combines Hilton’s expertise in meat processing and packaging with Nadec’s local cattle operations
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Magnum Tonic Wine to standardise labels across UK and Jamaican markets
The two different labels were ‘causing confusion among consumers’ said Mandeep Singh of Singh’s Premier
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William Grant & Sons The Famous Grouse acquisition green-lit by CMA
The deal remains subject to approval in other countries, however
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Pladis makes David Murray global CCO and appoints new UK&I MD
Effective 6 April, Mete Buyurgan will succeed Murray as Pladis’ UK boss
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Yazoo launches Inspirations milkshake range with two new SKUs
The range includes Birthday Cake and Caramel Blondie SKUs, and is available in wholesale and grocery now
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First look: Sainsbury’s new Local format ‘lays foundations’ for future c-stores
The new concept debuted at Sainsbury’s refurbished Pudsey Town Local store in Leeds
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Greggs shares sink on news of more flakey growth
Greggs took a hammering on the markets this week as investors were alarmed at the high street bakery chain’s continued slowdown in sales
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Lidl vents frustration at Tesco and Aldi’s objections to new Isle of Sheppey store
The new Lidl store in Sheppey has been seeking planning approval since 2022 but has been held up by a string of objections
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Babybel launches limited-edition packs and campaign for Red Nose Day
The campaign comes with the tagline ‘Does My Nose Look Red In This?’ as a nod to Babybel cheese’s shape and Red Nose Day
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High-protein cheese bringing in younger consumers
Sales of Cathedral City High Protein Half Fat Cheddar have been predominantly driven by Gen Z and millennial shoppers
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Iceland leading new sector push to employ thousands of former prisoners
Iceland is leading talks to form a new coaltion of food and drink companies to help increase the number of opportunities offered to former offenders, as the UK battles a prison overcrowding crisis
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Cadbury shrinks Twirl multipacks by 10% amid record-high cocoa costs
The old 10x21.5g packs have been replaced with 9x21.5g ones
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Business rates: group ‘representing 5,000 companies’ calls for rethink on plans
High Streets UK says the government’s plans would place a disproportionate burden on flagship stores