Channels news – Page 123
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Media Bites 17 April: Asda, John Lewis Partnership, THG
Asda has launched what it claims is Britain’s biggest autonomous grocery home delivery trial
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Market reacts positively as Tesco beats expectations despite margin squeeze
Tesco’s margins and profits were hit by shoppers cutting back last year, but the market reacted positively to its tightrope walk between protecting margins and market share
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Booker proves a star performer for Tesco as sales soar 12%
Over the year it saw a net increase of 451 in the number of retail partners it supplies
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Farm Shop & Deli Product Awards 2023 winners announced
Judging panels included retailers and wholesalers such as Booths, Fortnum & Mason and Thyme & Tides
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Media Bites 14 April: Tesco, Asda, Sainsbury’s/milk
Britain’s biggest grocer expects flat full-year profits as inflation continues to take a toll on its customers and suppliers
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Lioncroft launches Bankzy open banking tech at two depots
Open banking allows customers to pay for goods directly from their business account and avoid credit card interchange fees
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Aldi and Lidl join Tesco and Sainsbury’s in cutting milk prices
Four pints of milk now costs £1.55
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The Grocer shortlisted for three PPA Awards
The nominations were the culmination of a hugely successful year and a lot of hard work, said Lorraine Hendle, managing director of William Reed’s retail and manufacturing division
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Tesco is doing what it can to support shoppers, says CEO Murphy
The Tesco boss was speaking as the UK’s biggest grocer posted a 5.3% increase in group sales to £57.7bn for the year to 25 February
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Food manufacturers holding £80k in overstock over supply chain fears
Brands have been warned to carefully watch their stock levels as supply chains were still vulnerable
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Vape flavour and display bans being considered by government
Industry input sought on how the appearance and characteristics of vapes, and their marketing and promotion, may attract children
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Tesco profits halved amid ‘incredibly tough year’ for consumers
Tesco’s full-year profits have more than halved as lower sales volumes, cost inflation and writedowns of its property and assets due to economic conditions. Plus Science in Sport decides against sale and trading updates from PZ Cussons and Imperial Brands
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Media Bites 13 April: Planet Organic, Tesco, British growers
Holland & Barrett is weighing a last-ditch rescue bid for Planet Organic, according to media reports this morning.
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Aldi invests in Irish sourcing with new MD role
Retailers have been turning to local suppliers in the Republic of Ireland following Brexit to avoid red tape
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Milliways plastic-free gum secures first major supermarket listing
Milliways was launched in 2021 with the hope of taking on traditional, plastic-based gum brands
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Norwegian salmon prices continue to soar
Rising costs and reduced volume have pushed up prices of Norwegian salmon, which accounts for almost half of UK supply
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Drinks blamed for a third of packaging environmental impact
IGD research shows beers, wines and spirits and non-alcoholic drinks have the greatest overall impact
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Russian discounter Mere recruiting UK property development manager
The role will involve ‘originating deals across the UK with a key focus on retail assets’
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Easter lamb sales soar despite cost of living crisis
Sainsbury’s, Asda and Waitrose all reported over 100% increases in sales of the popular Easter roasting joints
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Sainsbury’s £220m logistics shake-up may affect thousands of jobs
The supermarket will switch to three dedicated logistics partners rather than relying on multiple contracts across its logistics chain