All The Grocer articles in 26 September 2020 – Page 5
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NewsGrocery sales growth slows in August
Fewer meals eaten at home due to the popularity of the Eat Out to Help Out scheme meant consumers spent £155m less in supermarkets
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NewsGovernment rules out paying businesses’ rent shortfall
Protections against eviction are expected to be extended for three months but a grant scheme is said to be off the table
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NewsCoronavirus outbreak hits first half sales at Science in Sport
Sports nutrition group Science in Sport posted a drop in first half sales and an underlying operating loss given the “severe disruption” to its business caused by the COVID 19 pandemic
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NewsGovernment confirms extension of protection against eviction for businesses
The protection, which has been in place since March, was due to expire on 1 October but will now last until the end of the year
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NewsMedia Bites 17 Sep: Hut Group, Waitrose/John Lewis, Inflation
Shares in Hut Group have jumped in value by a quarter at the start of trading on their first day on the stock market
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NewsCity Snapshot: John Lewis Partnership scraps staff bonus as it suffers £635m loss
The John Lewis Partnership has scrapped its annual staff bonus as it suffered a first half loss of £635m amid restructuring costs and heavy writedowns of its John Lewis store estate. Plus, grocery sales boom at Co-op, update from Hilton Food Group and all the rest of the latest news from the City.
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NewsHalo Foods bought by US PE firm Peak Rock Capital
The Welsh cereal bar manufacturer has been bought by the US private equity investor after a successful turnaround since being sold by Finnish food group Raisio
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NewsSoaring food sales boost Co-op first half performance
Total revenues in the 26 weeks to 4 July were up 7.6% to £5.8bn driven by the strong performance of its food and wholesale arms
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NewsLockdown demand spike drives sales jump for Hilton Food Group
Sales were boosted by increased UK participation with Tesco and increased home consumption driven by Covid
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NewsPharmacare acquires kids’ vitamin brand Haliborange from P&G
Pharmacare plans to give Haliborange an extensive rebrand and relaunch
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NewsAvocado dip brand Holy Moly moves into RTDs with new ‘Nutshakes’
They are made with raw, unpasteurised almonds and fresh fruit
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NewsTesco lists more low & no in overhaul of beer and cider range
It has also given fresh space to craft beers from the likes of Gipsy Hill, BrewDog & Magic Rock
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NewsMedia Bites 18 Sep: Eight Fifty Food Group, John Lewis Partnership, The Co-op
Eight Fifty Food Group, the owner of Young’s and Karro, is reportedly exploring an IPO.
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NewsCity snapshot: UK retail sales recover for fourth consecutive month
UK retail sales continued to recover in August, with sales up a further 0.8% in the fourth consecutive month of sector growth. Plus, coronavirus lockdown costs Applegreen €400m in lost sales and all the rest of the latest news from the City.
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NewsWhitworths sees coronavirus-driven sales jump as home baking booms
The ingredients and healthy snacking supplier has seen sales jump 10% during the coronavirus period
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NewsFresh soup start-up Re:Nourish secures seven-figure sum to fund expansion drive
The fundraising was led by German tech and nutrition investor Döhler Ventures
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NewsCity News: Ocado enjoys another share price surge following summer sales surge
Ocado’s market capitalisation broke through the £20bn barrier this week
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News‘Nespresso for beer’ home brewing machine hits the market
It has also rolled out a subscription service called The Fresh Beer Club
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NewsMedia Bites 21 September: Mondelez, Aldi/Lidl, Morrisons
Mondelez chief executive Dirk Van de Put hit out at sugar taxes, saying they were overly “restrictive” to consumers
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NewsCity snapshot: Coronavirus outbreak takes a slice out of Finsbury profits
Sales and profits have slumped at Finsbury Food Group