All news articles – Page 956
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NewsCity Snapshot: Distil reports 'significant' growth as UK grocery launches offset Covid losses
Drinks group Distil has significantly increased revenues and profits despite Covid disruption as it shift to grocery and online retail helped offset lost business elsewhere. Plus, agricultural supplies group Wynnstay appoints a non-executive director.
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NewsCity News: Reckitt shareholders’ relief at sale of Chinese infant formula business
The group will continue to own the Mead Johnson and Enfa brands
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NewsHighland Spring falls to £2.7m loss after ‘disappointing’ year
Bottled water brand Highland Spring fell to a £2.7m pre-tax loss in 2019 and suffered further sales slumps in 2020
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NewsCJ Lang invests in driver apprenticeship scheme to meet growing estate’s needs
The Scottish Spar wholesaler said the apprenticeship scheme upskilled drivers from HGV Class 2 to HGV Class 1
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NewsHolland & Barrett cuts emissions with new eco-friendly store in Coventry
The new beauty zone offers a variety of vegan, zero-waste and cruelty-free beauty items
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NewsSupermarket suppliers warn they will exit NI market without border deal
Defra officials told industry figures businesses had incurred additional costs of between £190m and £260m since 1 January because of the new Irish Sea border
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NewsAldi extends Sunday opening hours for the Euros football tournament
Aldi’s new Sunday opening hours will be in place in England and Wales from Sunday 13 June
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NewsRetailers hit back at NGO’s claims they are ‘lagging behind’ on chicken welfare
The Humane League urged supermarkets to ‘step up to the plate’ on the issue of chicken welfare
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NewsKerry adds new Strings & Things duo targeting summer of sports
Kerry Foods is looking to capitalise on sports this summer with its new themed NPD
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NewsUncle Ben’s name ditched as Mars unveils Ben’s Original rebrand
It comes after frequent accusations of racism against Uncle Ben’s logo and name
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NewsBitesWeLove launches Crunchy Peas snack trio into Sainsbury’s Future Brands
The brand’s core range would appeal to health-driven consumers and tap the growing demand for wholesome snacking options, it said
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NewsCity Snapshot: Naked Wines pre-tax losses double despite sales surge
Booming online sales of wine helped propel Naked Wines’ annual revenues up 68% year-on-year, but the company remains loss-making as it continues to invest in new customers and growth.
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NewsMedia Bites 11 June: Morrisons, Brewdog, National Lottery
Morrisons has suffered one of the biggest shareholder revolts over pay in British corporate history
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NewsBrewDog boss vows to take action following staff ‘culture of fear’ claims
BrewDog co-founder James Watt apologised and promised to act after former employees wrote a scathing open letter
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NewsDr Will’s smashes £400k crowdfunding round as it eyes further supermarket growth
Founded by Dr Will Breakey, Liam White and Josh Rose in 2015 to reduce the sugar in table sauces such as ketchup, mayo and BBQ, Dr Will’s is stocked by the likes of Tesco, Waitrose, Holland & Barrett and Ocado, as well as Selfridges and Harvey Nichols.
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NewsHeura scores €70m valuation with backing from Chris Smalling and the crowd
Heura, which launched in the UK with a meat-free burger late last year, hit its initial €1m target on the Crowdcube platform and overfunded to €4m in less than 24 hours, with 3,007 investors backing the business.
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NewsLosses continue to mount at beleaguered Thorntons
Revenues fell 15% to £103.7m for the year ended 31 August 2020, with pre-tax losses widening to £37.7m.
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NewsAsda claims a rebound is underway after revealing big profits slump
Operating profit slumped by almost 16.7% last year to £486.5m thanks to Covid-related costs
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NewsMorrisons shareholders vote against payout for David Potts
The vote came after a rebellion by investor advisory groups, who recommended shareholders vote against the report, including a whopping £1.7m bonus for the CEO
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NewsMolson Coors back Three Fold hard seltzer into the off-trade with £5m investment
This was the biggest brand investment Molson Coors had ever made into a new category in the UK, it said