All The Grocer articles in 19 December 2020 – Page 2
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Comment & OpinionCould child food poverty inaction be the final straw for Boris Johnson?
Food Strategy author Henry Dimbleby yesterday urged the government to “act immediately” to tackle child hunger
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NewsConsumer insight specialist Streetbees raises $40m to boost ‘human AI’ capabilities
Consumer insight firm Streetbees has today closed a US$40m funding round to accelerate the development of its ‘human intelligence platform’.
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NewsMedia Bites 29 October: EG Group, Christmas advertising, Heineken
The billionaire brothers buying Asda were dealt a fresh blow yesterday when Moody’s cut its credit rating on the debts of their petrol station group deeper into junk territory.
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NewsCity Snapshot: Glanbia 2020 sales edge up despite performance nutrition weakness
Glanbia has posted a ‘resilient’ performance so far in 2020 as a sharp drop in sales at its performance nutrition division was mitigated by growth in its nutritionals business. Plus Hilton Food Gropu benefits from COVID, Supermarket Income REIT buys Sainsbury’s supermarket and all the rest of the latest news from the City.
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Events & AwardsRegistration open for The Grocer New Product Awards 2020 ceremony
The event will be hosted by TV broadcaster and author Jeff Brazier
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NewsKellogg upgrades sales forecast on demand for Pringles and cereal
Kellogg has become the latest global fmcg giant to reveal better-than-expected results as shoppers continue to buy more of its portfolio of brands while spending more time at home during the ongoing coronavirus crisis.
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NewsKraft Heinz reports Q3 coronavirus pandemic sales boost
Sales at Kraft Heinz have experienced a boost in the third quarter as consumers continue to drive growth at global food groups during the coronavirus pandemic.
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NewsMedia Bites 30 Oct: Business rates, AB InBev, Amazon
The bosses of three of Britain’s biggest supermarket chains have urged Rishi Sunak to use an overhaul of the business rates system to “level up” the economy
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NewsCity snapshot: Lower Covid costs boost profits at Groupe Casino
French grocery giant Groupe Casino has posted a rise in sales and earnings in the third quarter as strong performance in Latin American was helped by improved profitability in France as Covid costs reduced. Plus, losses as Tasty mount, Carrefour sells payments arm for €300m and the rest of the latest news from the City.
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News40% say they will grocery shop online this Christmas
More people are aiming to shop online than locally, according to research
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NewsCrackd launches cold-pressed vegan liquid egg substitute
The liquid is made with pea protein which is cold-pressed to retain flavour and nutrients
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NewsMinority investments drive start of UK food & drink M&A recovery
Minority investments in fast-growing brands helped lead to an uptick in UK food and drink M&A activity in the third quarter, though the impact of the coronavirus continues to weigh on deal volumes
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NewsLow-alcohol brewery Small Beer smashes crowdfund campaign
Investors have rushed to pledge support to low-abv brewery Small Beer, which hit its £400,000 crowdfunding target in just two days this week
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NewsLockdown Liquor raises £300k in first funding round to drive growth
Alcoholic drinks startup Lockdown Liquor & Co, which launched during the first peak of the coronavirus pandemic, has raised more than £300,000 in its first ever funding round
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NewsUK petfood M&A boom continues with two more premium deals
The flurry of petfood dealmaking continued this week, with the completion of a further two acquisitions of premium UK-based petfood players.
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NewsCity snapshot: Primark owner ABF braces for huge sales impact of new English lockdown
Associated British Foods has warned a new national lockdown in England, along with renewed restrictions across Europe, would lead to a loss of almost £400m in sales at closed Primark stores. The CEO of the British Retail Consortium called the Prime Minister’s plans “the nightmare before Christmas” for retailers. Plus, Ocado upgrades profits outlook on more strong trading and announces proposed acquisitions of two US robotics firms for almost $300m.
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NewsChannel 4 to track Poundland’s transformation in new series
The two-part documentary, Inside Poundland: Secrets From The Shop Floor, will focus on Poundland’s reinvention through new ranges at a time when rivals are failing
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NewsBritvic appoints new commercial sustainability director
Fiennes was formerly the business’ director of strategic change programmes
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NewsShopping centre landords call for emergency government support in second lockdown
Revo, which represents shopping centre landlords, has called for business rates relief to be extended beyond April 2021 and for financial support for retailers that can’t pay rent
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NewsCarlsberg Marston’s Brewing Company appoints Paul Davies as CEO
Leadershop team shakeup comes as CMBC merger completes