Channels news – Page 177
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Sainsbury’s opens pop-up store with free frozen food to reduce waste
Everything in the store is frozen, including fruit and vegetables, dairy, meat and baked goods
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City snapshot: Shoppers pull back supermarket spending to tackle cost-of-living crisis
Shoppers reined in spending at supermarkets following the end of the summer holidays, according to new research this morning. Plus, LXi REIT confirms talks with Sainsbury’s over £500m sale-and-leaseback deal, Tesco makes new board appointment, and full-year results from Supermarket Income REIT and Egale Eye Solutions.
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Plant-based meal kit brand Grubby seeking £3m from the crowd
The startup said it had achieved 19% month-on-month revenue growth this year
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Tesco-backed checkout-free partner Trigo launches inventory management tech
The Israel-based computer vision company has revealed it is developing a system called EasyStock
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Sales of marmalade and Dubonnet rise in Queen’s funeral week
It comes after Royal Parks issued a statement discouraging mourners from leaving out marmalade sandwiches in tribute to Her Majesty
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Waitrose launches major brand refresh pushing quality and sourcing credentials
Last week Waitrose reported in the six months to July, customer numbers increased by 6%, but its like-for-like sales fell by 5% to £3.6bn
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Meatless Farm launches chipolatas and chickenless roast for Christmas
The roast is designed to ‘rival the more traditional meat-based Sunday lunch’ and is ready in 35 minutes
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Aldi taking sales from Lidl as inflation piles pressure on retailers and shoppers
Some £8.1m of spend switched from Lidl to Aldi in the 12 weeks to 4 September
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Cinnamon Kitchen launches restaurant-inspired Indian dishes into Tesco
The range was intended to offer ‘an accessible option for enjoying restaurant-quality food at home’
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City snapshot: UK retail sales slump as consumers cut back spending
UK retail sales volumes slumped by 1.6% in August 2022, continuing a downward trend since summer 2021 as inflation and economic uncertainty hits consumer spending
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London’s biggest food charity warns industry supplies are running low
The Felix Project took over the running of FareShare’s London operations in 2020, after joining its network
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Google searches for ‘foodbanks near me’ hit 600k in May
The figure represents an increase of 39% on the same period last year
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Southern Co-op trial shows HFSS scheme does not affect profitability
It comes amid news that government ministers have ordered a review into the HFSS scheme
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JJ Foodservice launches new web page to promote own-brand products
It comes as sales of JJ own-brand products increased by 20% in the financial year ending March 2022
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Convenience store sales soar 4.6% to £45.2bn
ACS 2022 Local Shop report, which launched today, revealed that figure is set to grow further to over £48bn by 2025
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Morrisons aims to open ‘thousands’ of Morrisons Daily stores as it nears 500
There are currently 486 stores operating under the format across the UK and Channel Islands, in both convenience and forecourt
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City snapshot: John Lewis Partnership plunges to £92m first half loss amid Waitrose slowdown
John Lewis Partnership has plunged to a £92m first half loss amid falling Waitrose sales and a wider slowdown of consumer spending. Plus, Hilton Food Group warns on second half performance, THG takes margin hit amid inflationary pressure and all the rest of the latest news from the City
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Tesco tops online job search ranking
Supermarkets make up seven of the top 10 most searched UK companies for jobs
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Premier Singhs Teynham crowned Convenience Retailer of the Year 2022
The Singhs’ Premier Teynham store won Independent Convenience Store of the Year and Convenience Retailer of the Year
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Post Office partners with DHL Express to provide more click & collect services
The Post Office said its partnership with DHL would be better for the environment than vans having to make multiple stops to drop off parcels