All The Grocer articles in 31 October 2020 – Page 3
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NewsCity Snapshot: Just Eat sales surge 46% in Q3 as coronavirus restrictions return
Takeaway giant Just Eat has enjoyed a 46% surge in global sales in the third quarter as the coronavirus pandemic kept consumers at home. Plus, Bakkavor CFO Pete Gates retires, Devro appoints a new CFO, Stock Spirits issues a trading update and Nestle completes its acquisition of Aimmune Therapeutics.
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NewsCommercial tenants and landlords ‘co-operating more’ over unpaid rent
Figures from Remit Consulting suggest retail had paid 54.7% of its bill by seven days into the latest quarter, which started at the end of September
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NewsYumello raises £100k growth funding from its online community
Fast-growing nut butter startup Yumello has raised £100,000 directly from its online customers in just two weeks to help fuel expansion.
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NewsLivekindly Co raises $135m to accelerate expansion of plant-based brands portfolio
Plant-based brand collective The Livekindly Co has raised $135m (£104m) to accelerate its mission to transform the global “unsustainable meat-centric food system”, including developing chicken and egg alternatives.
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NewsCity snapshot: Marston’s to cut up to 2,150 jobs amid new coronavirus restrictions
Pub and brewing company Marston’s is to cut 2,150 roles after the coronavirus lockdown and ongoing restrictions have had a “material” impact on its trading. Plus, new chairman at BAT, Domino’s Pizza sees sales uplift, Distil benefits from drinking at home and all the rest of the latest news from the City.
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NewsMedia Bites 15 October: EG Group, Ocado, Just Eat
Deloitte has resigned as auditor of EG Group, the UK petrol stations company whose billionaire owners just agreed a £6.8bn takeover of grocery chain Asda, because of concerns over its governance and internal controls.
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NewsBestway shakes up fascias, adding new booze concepts BB’s and Tippl
The wholesaler has developed BB’s and Tippl as extension of its Bargain Booze and Wine Rack brands respectively
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NewsLiverpool ‘wet pubs’ scramble to set up ‘substantial’ food offer to avoid closure
Pubs that do not serve food will be forced to shut if they are located in a tier three location
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NewsConsumers warming up to water in cans, survey shows
Fifty-five per cent of adults would be more likely to buy water in a can “if they knew that the can is infinitely recyclable”, according to the survey
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NewsPret a Manger to cut 400 more jobs and close six stores
This latest redundancies come after the chain cut its workforce by a third, laying off 2,800 employees at the end of August
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NewsCity snapshot: Danone launches full portfolio review to plan for new COVID-world
French dairy giant Danone has this morning announced its intention to conduct a full portfolio review and put assets worth €500m up for immediate sale to tailor its business for a post-coronavirus market.
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NewsBirds Eye sales outdo expectations after shoppers fill freezers
Birds Eye sales powered ahead of expectations as shoppers stocked up their freezers during lockdown.
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NewsMedia Bites 19 October: John Lewis, M&S/Ocado, EG Group
The strategic update at John Lewis Partnership on Friday receives plenty of coverage in this weekend’s papers.
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NewsSolina picks up Bowman Ingredients for undisclosed sum
European ingredients group Solina has acquired food coatings specialist Bowman Ingredients from the family owners for an undisclosed price tag
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NewsAldi rolls out click & collect to eight more stores
Customers place their orders at groceries.aldi.co.uk where they choose their store for collection and book a one-hour delivery slot
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NewsStore closure rates have nearly doubled in the pandemic, data shows
’Devastating impact’ likely to continue under latest lockdown restrictions, analysts warn
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NewsFmcg M&A deal volumes slump 60% on same period last year
Fmcg deals slumped 60% in the four months to the end of August as M&A in the food industry struggled to reignite in the pandemic
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NewsCity snapshot: Reckitt Benckiser raises revenue forecast as disinfectant sales soar
Reckitt Benckiser has reported strong third quarter revenues as demand for its disinfectant brands remain high and the relaxation of lockdown restrictions around the world helped Durex rise again. Plus, Britvic agrees new 20-year bottling agreement with PepsiCo and also increases profit forecasts for the year.
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NewsMedia Bites 20 Oct: Asda, Danone, Card payments
Asda is to unveil a strategy to help cut down on single-use plastics, pledging that “greener” products without packaging will not carry a hefty price tag
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NewsPoundland begins ‘phase 2’ of frozen rollout after Fultons acquisition
The 40 stores are the first of 500 set to gain the frozen and chilled ‘shops in shops’ over the next two years