All news articles – Page 580
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Hundreds of jobs to go as Central Co-op closes Leicester DCs
The society is moving operations to Co-op Group-managed distribution network LIDIA
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Amazon shutters first checkout-free Fresh store
The store in Dalston closed this week, less than 18 months after it launched, with Amazon confirming the move was permanent
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Sysco extends partnership with food charity City Harvest
City Harvest will collect surplus food from Fresh Direct, Wild Harvest, and Brakes’ London depots several times a week
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Seafood supplier Cook & Lucas brings in administrators
A major whitefish processor in Grimsby supplying the likes of Hilton Foods and Charlie Bigham’s has fallen into administration
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Bottle of Kylie Minogue 0% abv wine 'sold every 10 seconds'
As many as 4,500 bottles per week were being sold in December 2022 alone, according to the distributor
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City snapshot: ABF sales jump as commodity costs and inflation ease
Associated British Foods grew revenues by 20% in the quarter encompassing Christmas as it benefited from a less volatile inflationary environment, easing commodity costs and ‘resilient’ consumer spending
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Deal values plunge as inflation and lack of debt hit M&A
Deal values in the food and drink industry slumped in 2022 as suppliers battled spiralling costs, consumers cut back on spending and private equity firms had a harder time securing debt for M&A, according to a new report.
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Media Bites 24 January: Tesco, Sainsbury’s, Chapel Down
The main retail story in this morning’s papers covers the fallout from Tesco chairman John Allan’s comments that food companies may be using inflation as an excuse to increase prices further than necessary
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Tesco to use waste ocean plastic for fresh fish packaging
From next week, many of the supermarket’s fresh salmon, haddock, cod and sea bass lines will be sold in trays that contain at least 30% recycled coastal plastic
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Boots invites job applications from those affected by Lloyds Pharmacy closures
Boots has more than 1,500 pharmacy roles to fill nationwide, spanning all levels from pharmacy advisors and trainee pharmacists to experienced pharmacists looking to develop their careers, it has said
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Bidcorp UK acquires Suffolk-based wholesaler Thomas Ridley Foodservice
Formerly a member of the Country Range group, Thomas Ridley has over 2,000 catering and hospitality customers throughout London and East Anglia
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Cérélia acquisition of dough brand Jus-Rol rolled back by CMA
The deals watchdog has blocked the French bakery giant’s acquisition of the ready-to-bake pastry brand following concerns it will push up prices for shoppers and lower product quality
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Kitche adds app feature to track anti-waste efforts on the environment
Since launching three years ago, Kitche has achieved over 50,000 downloads in the UK and gained over 10,000 followers across its social channels
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Apple growers stop planting as cost of production soars
The growers group carried out a survey of its members and found that 150,000 new apple and pear trees have been cancelled this season
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Waitrose makes Duchy teabags fully compostable
All bags sold in its Duchy range are now certified compostable
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Mackie’s of Scotland appoints Stuart Common as MD
Common, who steps into the position from his previous role as sales and marketing director, has worked at the Aberdeenshire family business for more than 16 years
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Tesco chairman faces backlash after accusing suppliers of cost of living ‘profiteering’
NFU president Minette Batters led the backlash against Allan’s remarks, saying she was “baffled”
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Thousands of firms to go bust without energy bailout rethink
Earlier this month the government announced a £5.5bn package of support, due to come in from April, as part of a drastic scaling back of help for companies
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Premier Foods adds Ambrosia desserts and Angel Delight variant
The additions would help ‘meet consumer demand for healthier, convenient dessert snack options’, said Premier
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Hotel Chocolat’s new stores will focus on destination retail outlets
The chocolatier plans to add 50 stores over the next three years