All news articles – Page 98
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Media Bites 25 November: Allan Leighton, Amazon strikes, more budget fears
The top story over the weekend was Asda hiring ex-boss Allan Leighton
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City snapshot: Greggs boss says Budget measures won’t hit growth plans
The boss of Greggs has vowed to keep a lid on prices hikes in the wake of Labour’s recent Budget and said the chain’s rapid expansion won’t be derailed
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Nestlé turnaround plan gets muted market reaction
Nestle’s share price has sat in the doldrums of late and is down 23% since the start of the year
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Asda goes ‘back to the future – with modernity’ as Allan Leighton returns
Retail veteran Allan Leighton was previously Asda’s CEO in the late 90s
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Allplants enters administration as 65 staff made redundant
Frozen ready meal challenger Allplants has officially entered administration today, with 65 staff losing their jobs and investors facing losses of almost £70m
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Blue Yonder software hack impacting supermarket supply chains
US tech firm Blue Yonder clients include Asda, Morrisons, Sainsbury’s and Tesco, as well as 30 fast moving consumer goods suppliers
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BP renews contract with markdown tech Retail Insight for three more years
Other retailers using the technology include Lincolnshire Co-op and Central Co-op
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YouMeSushi plans to double estate with new franchise plans
The sushi chain is planning to double the number of its sites in the next three years
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Starbucks launches stop-motion Christmas advert and holiday menu 2024
Starbucks has unveiled its 2024 festive campaign, aiming to be a moment of calm in the hectic holiday season
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Labour’s new National Food Strategy delayed amid farmer protests
The government was forced to shelve the intended launch of a new National Food Strategy amid outrage over the budget which saw thousands of farmers protest in Westminster
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NFU ‘proves’ 75% inheritance tax hit with help of Treasury and OBR veterans
The government has stood by its IHT calculations throughout the week, despite protests from farmers in Westminster
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Sainsbury’s Aldi Price Match sparks convenience price war
This week, Tesco fired its own convenience pricing barrage, by dropping the price of 200 items in its Express stores
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Ferrero brings Kinder Bueno ice cream cones back to UK
Two variants – Classic and White – have hit Morrisons
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Iceland would ‘happily’ trial facial recognition cameras in stores
Executive chairman Richard Walker repeated calls for retailers to have more legal powers to detain and deter thieves
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Little Freddie babyfood pouches fail WHO sugar standard, despite claims
Little Freddie babyfood pouches fail to meet World Health Organization standards for on-pack sugar labelling, despite the brand claiming it is “always” reflective of the body’s guidelines.
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Cod prices to reach highest level ever after quota slashed
Next year’s total allowable catch for Barents Sea North East Arctic cod has been reduced by 25% to 340,000 tonnes, in light of declining stocks
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Media Bites 22 November: retail sales, energy bills and farming row continues
Retail sales have “plunged” in October, with a spike in consumer confidence meaning retailers can expect to see a strong golden quarter ahead
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City snapshot: Consumer confidence improves in wake of budget
Businesses have warned that big tax rises in the budget will lead to job losses and pay cuts but that is having little effect on Brits’ mood. Also, the Competition and Markets Authority will allow more deals to go ahead to help boost growth.
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Arla and McCain to launch exclusive products through Iceland’s accelerator scheme
Lithuanian baker Mantinga will also launch a new sweet and sour doughnut through Iceland’s Brands on Ice production innovation programme
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KFC rows back on Better Chicken Commitment pledge claiming industry is not ready
Animal protection charity The Humane League UK has called for a protest at KFC’s headquarters in Woking next week