All news articles – Page 79
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City snapshot: Record Christmas for supermarkets but Asda continues to struggle
Aldi and Lidl achieved their highest-ever Christmas market share as household spending in supermarkets hit a record high this festive period, according to new data published this morning. Plus, the BRC & KPMG publish December retail sales figures and Barclays publishes consumer spending report
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Compleat Food Group’s revenues near £800m amid inflation recovery
The business has set an ambition to become the UK’s leading chilled prepared food group
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Avocado giant Westfalia Fruit snaps up Belgian supplier Syros
Westfalia said the acquisition would enhance its presence in the European avocado product market
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Tesco Unpacked reveals Clubcard holders’ most popular food choices
The retailer today began rolling out the findings to more than 18 million people in the loyalty scheme
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Princes hits out at union as industrial action rumbles on
Unite warned strike action was ‘likely to lead to shortages in supermarkets and shops’
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Amazon Fresh stores in London get £1 meal deal
Amazon is dubbing it ‘London’s Best Value Meal Deal’
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Sainsbury’s to add ‘Healthy Choice’ logos to own-label products in new health push
Sainsbury’s announced the launch this week alongside a swathe of new health-focused and functional NPD including kefir and raw-pressed drinks
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Emma Watson’s luxury gin brand Renais raises £5m for global expansion
Renais launched in May 2023 and has already entered the US market, as well as 11 other countries – with a distribution agreement in a further 22
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Country Range Group welcomes new wholesale member Valley Foods
Valley Foods supplies foodservice businesses in the Channel Islands from its base in Jersey
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Daylesford Organic owner pledges further ‘support’ as losses balloon
The business was owed nearly £3m by its supply base, according to latest annual accounts
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Meadow Foods profits slow after sale to Fairfax Financial
Transaction costs of more than £3m from the sale reduced profits, however the underlying business remained ‘strong’, Meadow stressed
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PerfectDraft keg supply issues cost convenience retailers ‘thousands’ over Christmas period
It is understood orders were suspended between Christmas and New Year’s Eve, further hampering a potentially peak sales opportunity
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British public wants tougher punishments for retailers selling vapes to kids
More than half polled in the Britain in Focus survey, commissioned by BAT UK, consider the proposed punishment as ‘too lenient’
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Cauldron unveils ‘quickest cooking ever’ Tofu Pieces
The NPD comprises lightly fried, bite-sized cubes of unflavoured tofu
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Poundland hikes number of products at £1 or less from 1,500 to 2,400
It means nearly half of the total core range of 5,000 products is now £1 or less
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Granarolo ploughs £10m into new UK HQ and distribution centre
The new site will replace its previous UK HQ, which burnt down in January 2023
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Badger Brewery hails ‘bold’ rebrand for sales uplift
The Badger range was relaunched in September 2023
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Aldi posts record Christmas sales of £1.6bn
It capped another ‘astonishing’ year, in which Aldi overtook Asda to become the country’s second-largest supermarket by shopper numbers, the discounter said
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Media Bites 6 January: Ocado, budget fears and ‘fat cats’
Ocado gave short-sellers their biggest profit yet in 2024, due to its demotions from the FTSE 100
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City snapshot: price hikes set for 2025 as business confidence slumps
Businesses in the UK are preparing to hike prices in 2025 to deal with the “pressure cooker of rising costs and taxes”, according to a survey by the British Chambers of Commerce. Plus, looking ahead to the Christmas trading updates due this week