Stores news – Page 7
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Naked Sprout disputes findings its toilet rolls contain just 4% bamboo
Consumer watchdog Which? found bamboo rolls from three out of five brands to contain low levels of the material
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Valeo Foods secures €50m cash injection from Bain as turnaround begins
Valeo Foods has secured a €50m cash injection from private equity owner Bain Capital as a turnaround at the ambient giant gets underway
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UK Salads suppliers still looking for produce buyers, three weeks after collapse
Two suppliers have told The Grocer they have not heard from UK Salads or Aldi since administrators were appointed
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Promise Gluten Free set for auction as owner explores options
The Grocer has learned an information memorandum is set to be sent to possible buyers in the coming weeks by Lincoln International, which is running the auction process
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Will Quince MP appointed to review public food procurement
Quince will assess ways to make the system more accessible to SMEs, as well as reviewing current government buying standards
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City snapshot: Resurgent Tesco and Sainsbury’s supports first-half profit growth at Supermarket Income REIT
Property investor Supermarket Income REIT has boosted operating profits by 18% to £45m in the first half following a 10% increase in rent at the company to £104.7m
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Young’s launches mini fish fillets into Chip Shop range
The mini fillets are coated in batter and available in the freezer aisle
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Cook trialling frozen ready meal vending machines in railway stations
Cook has installed vending machines at Orpington and Bromley South stations, which have been live since last month
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Some green shoots for food companies despite fall in confidence
In the last quarter of 2023, half of SMEs reported business conditions had deteriorated
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Tropicana looks to woo private label shoppers with two ambient ranges
Tropicana made its ambient debut last May
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C&C Group announces move to new depot in London
The new site for the drinks distributor is 40% bigger than the previous London depot
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City snapshot: Property giant British Land raids Marston’s for chair appointment
British Land has announced it has appointed current Marston’s char William Rucker as its own chair designate
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Plant-based players plan to ‘refocus and collaborate’ in bid to revive sales
More than 40 plant-based protein businesses, retailers, and NGOs came together for an ‘unprecedented’ summit in London last week
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Growers hunt for buyers following UK Salads collapse
The Grocer understands the vast majority of the crop from UK Salads was intended for Aldi which will now be facing a significant shortfall
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Debt-fuelled sale & leasebacks drove record supermarket deals in 2023
An ‘exceptional level’ of sale & leasebacks in 2023 was led by Asda and Morrisons as they sought to pay down debt and by Waitrose in funding its turnaround plans, according to Colliers
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Welsh farmers kick off wellies in protest over sustainability plans
Farmers displayed 5,500 pairs of wellies at the Senedd on Wednesday to represent the potential job losses created by its new sustainable farm subsidy scheme
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Morrisons to cut nearly 300 jobs and scrap four-day week across logistics
The cuts will affect all seven of Morrisons’ company-run distribution centres, according to documents seen by The Grocer
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Little Moons seeks new CEO as Mike Hedges departs
Little Moons has parted company with CEO Mike Hedges after only two years, with co-founder Vivien Wong taking charge while a replacement is found
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Bestway to debut Best-one and Bargain Booze hybrid next month
Launching in Bristol, the hybrid debut will be at a company-owned store, with a second site also in planning
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UK food manufacturers’ profits struggle amid declining sector investment
British food and drink manufacturers are faced with high costs and low sector investment