All The Grocer articles in 17 December 2022 – Page 25
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City News: On-the-go rebound boosts AG Barr and SSP Group
The post-Covid rebound in on-the-go consumption boosted drinks group AG Barr and travel retailer SSP Group this week, though concerns remain over tougher trading conditions to come
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KP Snacks posts strong growth as out-of-home bounces back
KP Snacks returned to strong growth last year as out-of-home snacking rebounded and it gained share in grocery
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Recycling Association CEO Simon Ellin to retire
He will leave in March 2023 after almost 12 years at the head of the trade organisation
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Deliveroo’s rapid service Hop partners with food waste app Too Good To Go
By using the Too Good To Go app, customers in Cambridge, Bristol, Brighton and Manchester can purchase a ‘magic bag’ containing £15 worth of groceries for £5
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Lidl and Aldi’s store opening programmes facing barrage of rival planning objections
With shoppers switching to the discounters in their droves due to the cost of living crisis, the objections are thwarting their ability to serve yet more
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McBride shares rally as it strikes agreement with lender amid early signs of recovery
CFO Mark Strickland said the amended financing agreement was “an excellent outcome” following a “very difficult” trading period that provided the group with funding certainty as its propsects recover.
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City snapshot: Science in Sport launches strategic review amid consumer slowdown
Sports nutrition specialist Science in Sport has launched a strategic review that could result in the sale of the company or assets as it warned of weaking consumer demand despite first half growth.
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Media Bites 30 September: Co-op, Mitchells & Butlers, Lindt
The Co-operative Group has seen earnings tumble following a jump in commodity prices and the end of a business rates holiday
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Quorn profits shrink as rivals eat in market leader’s share of meat-free category
Profits at Quorn have retreated as soaring costs put pressure on margins and an increasingly crowded meat-free category saw sales dwindle at the market leader.
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Boots adds HFSS-compliant snacks despite uncertainty
The retailer has confirmed it is rolling out a new fixture with 11 snack ranges from better-for-you brands
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Mondelez’s Mikado biscuits impacted by supply chain issues
At the time of writing, an online search for the brand across Tesco, Asda, Morrisons and Sainsbury’s returned only one SKU
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City snapshot: Bakkavor CEO Agust Gudmundsson to step down
Bakkavor CEO Agust Gudmundsson is to retire next month to be replaced by current COO Mike Edwards. Plus trading updates from Mitchells and Butler and Gusbourne as the FTSE sees heavy losses in early trading
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Media Bites 29 September: Morrisons, Mars, Shepherd Neame
A profits slump at Morrisons makes headlines this morning as the cost of living crisis subdues consumer confidence.
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Morrisons profits slump on sales decline as shoppers feel the pinch
Profits slumped as subdued consumer sentiment led to a decline in sales and “unprecedented” inflationary pressures hit in-house manufacturing operations
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Crosta & Mollica moves into ready meals with Ocado range
The meals offered a ‘true taste of Italian cooking without the hassle’, claimed Crosta & Mollica
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Fuel10K challenges Quaker Oats with instant porridge sachets launch
The new format provided ‘a quick, delicious and economical option’ amid the cost of living crisis
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Mackie’s of Taypack rescues own-label popcorn maker from administration
Snacking firm Mackie’s at Taypack has rescued one of the UK’s largest independent own label popcorn manufacturers from administration in a pre-pack deal, saving the jobs of 60 staff.
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Aldi opening new ‘eco store’ concept in Leamington Spa
The store has been designed for low carbon consumption while offering shoppers sustainable choices
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Media Bites 28 September: food price inflation, Morrisons, AG Barr
Food inflation has hit its highest rate on record with shoppers now paying 10.6% more than they were a year ago
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City snapshot: Food prices soar to highest rate on record
Food inflation has rocketed to its highest rate on record as soaring input costs continue to mount for suppliers, according to new figures this morning.