Channels news – Page 137
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NewsCity snapshot: Ocado shares slump as annual loss hits £500m
Ocado has posted a statutory loss of over £500m after a slowdown in its retail operations, sharply rising costs and one-off charges hit its bottom line. Plus, Kantar finds grocery inflation hits new high, profits and sales up and Kitwave and McBride posts first half recovery
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News‘Historic’ Northern Ireland deal breaks Brexit gridlock
Rishi Sunak and Ursula von der Leyen have hailed the new ‘Windsor Framework’
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NewsLidl becomes latest retailer to ration fresh produce amid shortages
It follows similar moves by Tesco, Aldi, Asda and Morrisons, which issued buying restrictions on some lines last week in light of empty shelves
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NewsCheryl Potter appointment gives M&S women majority board
Potter has previously held roles as head of the global consumer team at private equity firm Permira and non-executive director of Dr Martens and Homebase
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NewsUgandan president Museveni: UK ‘missing trade opportunities’ amid food shortages
The UK was ‘missing opportunities’ to trade with Uganda
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NewsWaitrose ends partnership with Heston Blumenthal
It marks the end of a 12-year partnership with one of the UK’s best-known chefs
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NewsRetailers face up to £1m fines for underage knife sales under new sentencing guidelines
This is the first time magistrates’ courts will have specific guidelines for sentencing this offence, which is prosecuted by Trading Standards
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NewsTesco grants Leaf marque certification to all UK growers
The retailer’s growers are now certified to robust environmental standards
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NewsAbel & Cole adds Foundation Earth eco-label to entire range
It claims to be the first supermarket to commit an entire range of products to the Foundation Earth label
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NewsIceland announces it is to close six UK stores
Iceland has not said whether affected staff will lose their jobs
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NewsLidl ‘conceded battle to be UK’s dominant discounter’, says former boss
Lidl’s slowdown of store openings this year will make it almost for it to catch Aldi, according to Ronny Gottschlich
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NewsTesco revamps detergent packaging to save 250 tonnes of plastic a year
The new boxes contain more than 90% recycled cardboard, and are FSC certified, with a thin plastic liner inside to protect the pods
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NewsWafflemeister launches trio of ambient waffles into Waitrose
‘We want everyone to be able to buy our waffles and this entry into retail is the start of the journey’, it said
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NewsUkrainian suppliers get British supermarket access boost thanks to new supply route
Logistics company Oakland International has set up a new warehouse in Moldova to facilitate flow of goods out of Ukraine
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NewsGrowUp Farms rolls vertically grown salad bags into Iceland
The launch was described as an ‘industry first’ by the business
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NewsM&S food director George Wright named new FareShare boss
FareShare said Wright would bring with him a “deep understanding” of the food industry
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NewsSainsbury’s promises ‘robust action’ after sexual abuse allegations in its tea supply chain
The BBC uncovered widespread sexual abuse at a Kenya tea farm supplying the supermarket
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NewsDunnhumby launches tool to predict impact of price and promos on sales
The data behind the tool is updated weekly and takes account of seasonal and holiday-related sales variances
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NewsSexual harassment scandal on Kenya tea farms ‘unsurprising’
Trade activists have urged tea brands to increase value chain transparency
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NewsOne Stop hails milestone of 1,000 stores with community celebration
The latest addition launched on Silverton Way, Wolverhampton last week