All The Grocer articles in 19 December 2020 – Page 14
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Superdrug bracing for surge in violence and aggression in Christmas run-up
The retailer expects the spike in abusive behaviour recorded over 2020 to get worse still
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City snapshot: EG Group partners with Cinnabon to create 2,000 jobs
Petrol forecourt giant EG Group is set to create 2,000 jobs with the opening of 150 Cinnabon stores across the UK after partnering with the US cinnamon roll brand. Plus, Unilever completes unification and Pets at Home acquires The Vet Connection for £15m.
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Media Bites 30 Nov: Trading hours, Farming, Pubs/Hospitality
Shops are to be allowed to stay open for longer in the run-up to Christmas under a major relaxation of rules announced to help revive High Street stores.
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Four in five major retailers threatened with County Court Judgements over rent
Of 25 major national retailers surveyed by the BRC in October, 21 had been threatened by landlords using a ‘loophole’ in government protections
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City snapshot: 2 Sisters owner Boparan raises £475m to bolster turnaround
2 Sisters owner Boparan has raised £475m of new corporate bonds to refinance existing debt and provide a platform to accelerate its turnaround plans. Plus all the rest of the latest news from the City.
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Media Bites 27 Nov: Black Friday, Hospitality industry, Britvic
Black Friday is expected to smash online sales records this year as struggling retailers slash prices in a desperate attempt to drum up trade
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Suppliers less worried over Brexit despite no deal yet
More than 80 suppliers responded to a survey by consultants The Retail Mind
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Hari Ghotra launches frozen curry sauce range
The range, called Hari Ghotra Easy, comprises four sauces
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Major supermarkets staging prime-time ad break takeover in stand against racism
Aldi, Asda, Co-op, Iceland, Lidl, M&S, Sainsbury’s, Tesco and Waitrose are working together after a Sainsbury’s Christmas ad featuring a black family was met with racist comments on social media
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Zero-calorie startup Skinny Tonic smashes £1m crowdfund target in 24 hours
The massive overfund will allow the brand, which debuted this year after soft-launching in 2019, to triple production and embark on a massive expansion
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City snapshot: Britvic confident in recovery after sales and profits plummet in lockdown
Brtivic’s boss has pledged to be at the forefront of the recovery in a soft drinks category slammed by the coronavirus pandemic after revenues and profits slumped at the group. Plus, PZ Cussons appoints a new CFO.
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Media Bites 26 Nov: Spending review, Living wage, Eat Out to Help Out
The papers respond this morning to chancellor Rishi Sunak’s spending review
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Beer52 explores investment options as lockdown business booms
Craft beer club Beer52 is seeking to tap investors for millions of pounds in funding after lockdown restrictions fuelled soaring demand this year.
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Iceland funds planting of one million trees in Indonesia
Iceland Foods Charitable Foundation has donated $165,000 to the Eden Reforestation Projects
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Kimchi proves an unstoppable trend as exports to UK fly
The UK has already imported 655 tonnes of kimchi this year
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City snapshot: Nestlé agrees sale of China-based peanut milk brand Yinlu
Nestlé has agreed to sell its China-based Yinlu peanut milk and canned rice porridge businesses to Food Wise Co for an undisclosed sum
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Media Bites 25 November: Business rates row, Pets at Home, AO.com
Retailers that paid out dividends after a boost in sales during lockdown are under growing pressure to hand back millions of pounds of taxpayer support after the boss of AO World said that executives “should go and ask their mum if she would be proud”.
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Greensand Ridge Distillery unveils spirit made with surplus Ribena berries
The brand has no official affiliation with Ribena, but is made with excess fruit from growers that supply the soft drinks giant after it ends pressing for the year in July
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Aldi introducing 100% recyclable packaging for own-label cereal
The discounter is to replace plastic inner cereal bags with a recyclable alternative by the end of the year
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City snapshot: Greencore raises £90m as coronavirus impact drives annual loss
Greencore has raised £90m in a share placement as the impact of the coronavirus outbreak led to a double-digit drop in annual sales and a pre-tax loss of more than £10m. Plus, on the busy morning, trading updates from Cranswick, Compass Group, Pets at Home and all the rest of the latest news from the City.