Channels news – Page 109
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Sainsbury’s donating to charity for each Inspired To Cook sale
Comic Relief will get 50p from every sale of a Sainsbury’s Inspired To Cook product over the next six weeks
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Media Bites 1 June: Iceland, price cap, inflation, petrol prices, B&M, WH Smith
There’s plenty of variety in this morning’s papers when it comes to fmcg stories.
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Pret continues global expansion with first Italian store
The site is managed by Chef Express, the catering arm of Italian food conglomerate Cremonini Group
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Ocado launches TV ad campaign for updated Price Promise
The Price Promise was revived in March, covering 10,000 products and including Clubcard deals
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Government declared ‘not fit for purpose’ over price cap plan
Supermarket and supplier bosses are understood to be fuming over the plans, which were leaked to the Daily Telegraph at the weekend
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Iceland Foods smashes through food redistribution target
Nearly 1.5 million meals were redistributed through the grocer’s partnership with food redistribution platform Olio
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Aldi switching to easier-to-recycle colourless milk bottle caps
The move follows a trial of the new caps in a number of stores last year
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Jempson’s launching bakery experiences for shoppers
The retailer is also selling bread subscription boxes for the first time, including a breakfast box for £17.50 a month
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Media Bites 31 May: Asda/EG Group, price caps, Unilever
The billionaire Issa brothers have agreed to sell EG Group’s UK and Ireland petrol and forecourt operations to Asda in deal that will add £770m in new loans to the business empire’s heavy debts
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City snapshot: B&M boosted by price-conscious shoppers
Revenues at B&M have jumped 6.6% to £5bn as cost-conscious shoppers turned to discounters to help manage the cost-of-living crisis. Plus, the latest NIQ supermarket till roll data, and trading updates from WH Smith and Bakkavor.
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Iceland launches half-term savings campaign
The initiative will run until 6 June and give customers access to a range of discounts
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Reduced shopper spending power hits sales at Spar retailer
The multi-site retailer said it had been exposed to ’the downturn in spending power’ among shoppers in the north west of England
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Waitrose IT glitch causes bank holiday availability issues
The latest IT issue meant deliveries were not sent out or were sent with fewer items
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Supermarket bosses vow to fight government price caps
Retail leaders have described plans for a voluntary system of price caps on basic foods as ‘meaningless and ineffective’
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Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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Sainsbury’s cuts prices of core own-label dairy lines
The retailer has said it will be cutting prices by up to 60% on more than 40 own-label products including hard and soft cheeses, yoghurts and cream
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City snapshot: Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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Media Bites 30 May: Asda/EG, food price cap, inflation, Waitrose
Coverage of the merger of Asda and EG Group continued over the bank holiday weekend, alongside news of a proposal for a voluntary price cap for staple food items in supermarkets.
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M&S impresses City as ‘longest’ turnaround gathers momentum
Marks & Spencer shares jumped to 15-month highs this week on evidence it is finally emerging from what has been dubbed the ’longest turnaround in corporate history’
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Defra urged to take action on food waste reporting
Only a tiny fraction of companies have publicly report food waste figures