All news articles – Page 683
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NewsCity snapshot: Premier Foods grows profits and sales as shoppers stay home to cut costs
Squeezed shoppers have turned to Premier Foods’ stable of household brands as they cut down on eating out, boosting sales and profits at the supplier group. Plus, inflation hits 11.1% as food prices soar at fastest rate since 1977, Deliveroo exits Australia, McBride warns of continued cost pressures, and Eagle Eye acquires French personalised promotions firm
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NewsTesco.com crashes under strain of Christmas delivery slot demand
The supermarket implemented a “temporary limit” on the number of people using the website to manage the heightened demand on its systems
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NewsRapid grocer Gopuff partners with Uber Eats
It is the first time Gopuff has worked with a food delivery app in the UK, which it said will give “even more customers access to the Gopuff experience”
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NewsMedia Bites 16 November: avian flu, Imperial Brands, champagne, Ocado
The avian flu outbreak is leaving high-end butchers struggling to source hand-reared and organic birds, while eggs shortages hit supermarkets and hospitality.
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NewsBig Drop secures seven-figure funding to boost alcohol-free beer supermarket listings
Alcohol-free craft brewer Big Drop has smashed a multimillion-pound crowdfunding target
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NewsSterling Meat Company to boost high street presence with NPIF funding
Northern butchers chain Sterling Meat Company is expanding its food-to-go format after securing a £500k investment
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NewsSoaring production costs leading growers to ‘walk away’ from sector, research finds
A study for the NFU by Promar International revealed many producers were now on a ‘knife edge’, leading to concerns over supply
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NewsFareShare strikes deal with Premier Foods amid rising food poverty concerns
The five-year deal will see Premier donate surplus food to the redistribution network
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News‘Daylight robbery’: retail chiefs call on chancellor to freeze business rates
The upcoming 10% business rates increase – in line with inflation – is expected to bring in an extra £3bn to the Treasury
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NewsCity snapshot: Supermarket volumes set to fall this Christmas as shoppers retreat from rising prices
Shoppers will buy less and more carefully this Christmas as the rising price of groceries continues to put pressure on households, according to the latest industry research. Plus, full-year profits tumble at Imperial Brands and Wincanton posts strong first half
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NewsCheshire Cheese Co snapped up by Joseph Heler in move to re-start EU exports
The supplier hit the headlines in January 2021 after halting exports to the block due to post-Brexit bureacracy
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NewsMedia Bites 15 November: Oatly, Ocado, inflation, Pladis
A busy morning in the papers takes in tumbling shares at Oatly, Ocado’s ambitions in Asia and soaring prices for food brands.
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NewsOatly plans redundancies on downgraded outlook and spiralling losses
Oatly is planning to slash its employee headcount as part of a package of cost-cutting measures
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NewsVegan ready meal brand Allplants makes retail debut
The move into retail would help it reach ‘even more plant-curious people’ and prove frozen food was far ‘healthier and tastier’ than people often perceived, said the brand
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NewsWilko sells distribution centre to DHL for £48m
The business refinancing will let the homes and garden retailer improve its proposition and customer experience across its 402 stores and online, according to Wilko
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NewsCo-op to replace coloured milk bottle tops with clear to increase recyclability
Green caps are set to be eradicated across all stores first by the end of December, followed by red caps for skimmed milk, and blue caps for whole milk in early 2023
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NewsAsahi to launch alcohol-free Super Dry 0.0% beer
The launch forms part of Asahi Europe & International’s Legacy 2030 ambition to make 20% of its portfolio alcohol-free by the end of the decade
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NewsThatchers becomes latest brand to sue Aldi over copycat claims
The drinks brand claims Aldi has ‘intentionally mimicked’ its product with the ‘highly similar’ appearance of the discounter’s Taurus Cloudy Cider Lemon
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NewsM&S reinstates Christmas food ordering service on island of Ireland
M&S cancelled the service due to Brexit-linked supply chain disruptions last year
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NewsMorrisons launches price cuts campaign on key Christmas lines
Morrisons is to launch a cross-media ad campaign in support of the price cuts