All News articles – Page 585
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Banquist secures £1.6m to grow its Michelin star recipe kit service
Launched in May 2020 during the height of the UK’s first coronavirus lockdown, Banquist generated £1m turnover in its first six months as consumer demand for recipe kits soared.
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Deliveroo to trial facial recognition technology on riders
Riders have interpreted the move as the platform clamping down on the selling and renting of accounts
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City snapshot: AB InBev boss Carlos Brito to step down
The world’s largest brewer AB InBev has announced CEO Carlos Brito will step down after 15 years in charge, to be replaced by North America chief Michel Doukeris. Plus ABI posts strong start to 2021, Virgin Wines and Glanbia up guidance and all the rest of the latest news from the City
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Media Bites 6 May: Pepco, Asda, Co-op
The former boss of Asda will make up to £9.2m selling shares in the upcoming Warsaw stock market listing of Pepco, the owner of Poundland.
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Serious Pig smashes crowdfunding target as it eyes further growth
Premium snacks brand Serious Pig, which is backed by BrewDog’s James Watt, has smashed a £350,000 crowdfunding target to help accelerate growth, expand the product range and bolster its sustainability credentials.
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Kind plans lobbying push ahead of HFSS clampdown
Kind has begun ‘initial conversations’ with PHE in a bid to change its bars’ classification
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C-stores almost double meals saved with Too Good To Go in just two months
Too Good To Go has a target of saving over 1.5 million meals from the convenience sector by the end of the year
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India to import UK apples and pears in new trade link-up
The agreement is not as comprehensive as a free trade deal but will reduce non-tariff barriers on fruit
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Lyre’s worth more than £100m as it raises extra funding for growth
The business plans to use the new funds to boost its presence overseas from 43 countries currently to 60 by the end of the year, as well as investing in its manufacturing capabilities in the UK, Europe and the US, and helping to prepare for the reopening of the global hospitality sector as restrictions ease.
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Morrisons widens meat-free offer with Vegetarian Butcher and This listings
Both brands have added NPD, including a vegan burger and meat-free bacon
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Hooch makes move into spirits with gins and rum
The flamboyant RTD brand has unveiled a trio of 37.5% abv drinks
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IGD launches new guide to help suppliers tackle food surplus crisis
IGD has worked with Ben Elliot, the food surplus and waste champion for Defra, and Wrap on the new guide
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Issa brothers to sell 27 forecourts and clinch Asda takeover deal
The CMA had raised concerns over possible fuel price hikes in areas where both Asda and EG operate
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Pure Pet Food receives further private equity cash injection
The latest funding round follows a £2m cash injection from NVM Private Equity in 2019
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Planet Organic CEO Peter Marsh to retire
Marsh has led the organic grocer for 13 years, in which time it has grown from five to 11 stores
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Worldwide Fruit enjoys double-digit Covid-19 sales bounce
The supplier of apples, berries, avocados and stone fruits saw sales grow by more than a third
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Berry Gardens snaps up Jessica Ennis-Hill for ‘category first’ push
The six-figure More Than Taste campaign will showcase the nutritional benefits of berries
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Supermarkets threaten Brazilian boycott over Amazon destruction
Nearly 40 food companies have signed an open letter calling on Brazil’s legislature to reject a bill that may pave the way for further destruction
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Media Bites 5 May: Tesco, Co-op, Nestlé
Tesco has agreed to increase sales of healthier food following pressure from investors