All The Grocer articles in 30 October 2021 – Page 6
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NewsRoust appoints Neil Jardine as UK MD to ‘drive further growth’
Jardine would lead Roust UK’s innovation and sustainability programme and focus on expanding its portfolio, said the distributor
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NewsAt-home cooking boom drives soaring sales and profits at Filippo Berio
New accounts state Covid had a ‘significant positive impact’ on the business
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NewsSt Pierre Groupe sees growth in UK rocket
UK growth at St Pierre Groupe continues to accelerate, outpacing its success in the US, as a raft of new listings continue to bear fruit
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News‘Not a great day’ for THG as investor confidence collapses
THG shares were already on a starkly bearish run, having dropped from 685p in early September to 456p at the start of the week
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NewsAllplants eyes global growth following ‘record-breaking’ funding round
Plant-based meal delivery service Allplants has secured a third record-breaking funding round to help the business keep up with booming customer demand for vegan products.
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NewsMedia Bites 18 Oct: THG, Morrisons, Impossible Foods
The founder of The Hut Group is poised to give up his “golden share” in the company after a sharp fall in its share price
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NewsCity Snapshot: THG boss gives up ‘golden share’
The Hut Group has announced it intends to remove the ‘golden share’ held by founder, CEO and executive chairman Matthew Moulding in an effort to restore City confidence after a disastrous few weeks for the company.
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NewsNorthern Monk triples production after seven-figure cash injection
The craft brewer has installed a BrauKon 60 hectolitre brewhouse with funding from HSBC, meaning it will be able to boost production capacity by 280%
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NewsYo and Panku counters to use This chicken alternative in dishes
The dishes include Korean Fried ‘Chicken’ Bites and Teriyaki Bites
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NewsAsda opens first ‘premium’ convenience store on EG forecourt
The store in Beaconsfield, Buckinghamshire, stocks over 2,500 products including Asda’s ‘Extra Special’ fresh and chilled ranges plus ready meals and beers, wines and spirits
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NewsThe Food Warehouse is now the focus of growth for Iceland, says Richard Walker
The Iceland MD said the format, which started as an “experiment” in 2014, was now seen as “the source of growth for the group” along with online
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NewsSale of Asda forecourts to EG Group terminated
Asda said the sharing of commercial information had resulted in several changes to the financial evaluation of the deal
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NewsDTC petfood specialist Butternut Box sees sales more than double
Dogfood subscription specialist Butternut Box saw revenues surge by 114% to more than £23m last year
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NewsMedia Bites 19 October: Tesco, Asda/EG Group, THG
Tesco is taking on Amazon as it opens its first checkout-free store in central London, while Asda and EG call off sale of forecourts business.
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NewsCity snapshot: Grocery growth falls back as consumers tighten belts amid wider inflation
Grocery sales fell 0.7% in the four weeks to 9 October as UK consumers rebalanced spending priorities amid rising energy and fuel costs, according to Nielsen. Plus, McBride issues further profits warning on mounting costs.
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NewsProfit warnings rise in grocery industry as supply chain challenges bite
Profit warnings by UK listed companies in consumer-facing sectors, including retail and grocery producers, accounted for more than a third of those issued between July and September
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NewsBoots sees comparable retail sales rise 15% in quarter four
The sales uplift has largely driven a strong performance for parent Walgreens Boots Alliance, according to the health and beauty retailer
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NewsAsda recruiting 15,000 temporary Christmas staff
Some will be offered the chance to stay on into the new year, the supermarket said
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NewsFinlays to open multimillion-pound coffee extraction plant in Hull
It will allow the business to supply bulk concentrate, RTD cans and bag-in-box coffee
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NewsP&G faces $2.1bn commodity hit as first quarter margins slide
US consumer giant Procter & Gamble has posted a 5% rise in first quarter net sales, but warned it faces a $2.1bn headwind from higher commodity prices and a further $200m due to freight costs.