All The Grocer articles in 19 December 2020 – Page 15
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Media Bites 24 Nov: Brexit, Danone, Diageo
A no-deal Brexit would cause more long-term damage to the economy than the coronavirus pandemic, the governor of the Bank of England has warned.
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Industry reacts to PM’s announcement shops can reopen from 2 December
BRC chief Helen Dickinson said the move would preserve the economy
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Grocer Gold Store Manager of the Year stars in Morrisons ad campaign
Joanne Bennett-McNally, store manager of Morrisons Widnes, takes centre stage in the ad
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Iceland marks 50th anniversary with hour-long documentary on chain’s history
The 55-minute YouTube video sees Iceland ‘dip into the archive and piece together the history’ of the business
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City Snapshot: Danone to cut global SKU count by up to 30%
French food group Danone is to cut its product range by up to 30% in a cost-cutting effort to return to profitable growth in 2021
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Mars blames virus outbreak for 2020 profit and sales slowdown
The coronavirus crisis exacerbated a tough 2020 for the UK arm of the company
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LDC exploring sale of Hill Biscuits after investment boosts
The private equity firm has engaged Clearwater International to explore its options
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Media Bites 23 Nov: Gu Puds, ‘Junk Food’ Ads, Black Friday
Gu Puds, one of Britain’s best-known desserts brands, is being put up for sale by giant egg producer Noble Foods
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Aldi expanding Deliveroo trial to nearly 130 stores for Christmas
The service is now available from stores in Scotland and Wales for the first time
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Nestlé and JDE team up to give coffee pod recycling a huge boost
The scheme will offer kerbside collection of coffee pods alongside regular waste and recycling
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Pandemic putting more food ‘at risk of going to landfill’
Retailer range reviews, coupled with unpredictable demand and foodservice closures, are driving high volumes of excess stock, according to the CEO of a new retail chain specialising in clearance
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Media Bites 19 Nov: Coca-Cola/Schweppes, Inflation, Northern Ireland foods
Coca-Cola has quietly pulled the plug on its posh tonic as Schweppes 1783 has been scrapped
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Premium dog food brand Edgard & Cooper secures £16.5m to back European growth
The Belgian brand has received backing from international investors The Craftory and DLF Venture
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Queen’s ham supplier Dukeshill Ham Co bought by PE player GC Investment Partners
Neale and Sarah Hollingsworth, who have led the fine foods business since 1998, will remain with the business and work alongside the new owners
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City snapshot: Delayed harvests hit revenues at Origin Enterprises
International agri-services group Origin Enterprises has experiences a double-digit revenue drop in the first quarter as delayed harvests hit revenues. Plus, Wynnstay upgrades full year profit expectations, British Land loses £730m and all the rest of the latest news from the City.
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Media Bites 18 November: Asda, Unilever, Imperial Brands
Shoppers are stocking up on festive groceries earlier than ever with Asda reporting a surge in frozen turkeys and “lockdown proof” items alongside a slowdown in quarterly sales.
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MPowder secures £500k seed funding from Reckitt Benckiser and backers
Ecommerce start-up MPowder, which produces nutritional powders for women going through the menopause, has closed a £500,000 funding round, with investors including Reckitt Benckiser.
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City snapshot: Tesco Extra and Aldi store picked up for £63m by Supermarket Income REIT
Real estate investment firm Supermarket Income REIT has purchased a Tesco Extra shed and an Aldi store from British Land for £63m.
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City snapshot: Profits soar at EG Group despite fuel sales drop
EG Group, the new owner of Asda, has reported a surge in earnings in the third quarter despite a decline in revenues due to lower fuel sales.
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Media Bites 13 Nov: EG Group, B&M, WH Smith
The new owners of Asda have raised hundreds of millions of pounds by selling a stake in EG Group