Channels news – Page 355
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NewsMidcounties Co-op CEO Phil Ponsonby calls for more sustainable business practices
Ponsonby spoke live at The Convenience Conference on 6 October
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NewsMedia Bites 7 Oct: Tesco, Ocado, Deliveroo
Tesco will complete the overhaul of its top executive team by raiding Tate & Lyle to recruit its new finance chief
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NewsCity Snapshot: Tesco sales soar during pandemic but £553m Covid costs drag on profits
Sales at Tesco soared 6.6% in the first half to £26.7bn as shoppers relied more heavily on supermarkets during the coronavirus pandemic, but costs also ballooned to weigh on profits. The supermarket also announced Tate & Lyle CFO Imran Nawaz as its news chief financial officer.
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NewsPlant-based cheese brand Willicroft lands Waitrose listing
A trio of Willicroft products go on sale in Waitrose on 7 October
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NewsPostmasters likely to have historical accounting convictions quashed
Forty-four postmasters were prosecuted by the Post Office for stealing money after a new computer system, Horizon, was installed between 2001 and 2013
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NewsWincanton sells off container business to focus on e-commerce and grocery
The logistics giant has signed a conditional agreement to dispose of the containers division to Maritime for around £1.5m
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NewsM&S hires Next’s former digital trading boss
The retailer has hired Gemma Lumsden to lead its analytics, website optimisation and SEO teams
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NewsJLP launches black employee advisory board to ensure food reflects inclusivity
The “black partner advisory group” will assess JLP’s current lines including its food and fashion ranges
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NewsHotel Chocolat launches monthly NPD subscription service
Subscribers to the ’Virtual Inventing Room’ will get the latest lines before they are approved to hit shelves
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NewsDeliveroo widget allows customers to order from partner websites
Deliveries are still fulfilled by Deliveroo, with commission taken in the same way
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NewsAround Noon expands into healthy ready meals with Simply Fit Food deal
Northern Irish food-to-go supplier Around Noon has acquired healthy ready meal maker Simply Fit Food in attempt to diversify its offering after the coronavirus pandemic hit the sandwich market.
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NewsWaitrose online orders up 20% since Ocado split
One of its stores in Southend fulfilled 3,000 online orders last week, the first time any Waitrose branch has hit the milestone
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NewsTesco begins adding traffic lights to store entrances
The lights control the number of shoppers inside based on the store’s capacity and two-metre social distancing guidelines
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NewsCity Snapshot: Profits slump at Greencore but demand for food-to-go returning
Profits have slumped 40% at Greencore as the coronavirus crisis pushed up costs and saw revenues nosedive, but food-to-go demand started to return in the fourth quarter. And Italian food group Newlat Food has proposed an acquisition of bread maker Hovis.
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NewsBooths relaunches grocery delivery service for vulnerable customers
Local lockdowns in areas such as Preston and Manchester have led the retailer to offer the deliveries of essential grocery packages again
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NewsOne third of shoppers have loose produce Covid fears
36% felt sustainable packaging had become more important since the start of the pandemic
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NewsAldi replaces plastic fruit & veg bags with reusable ones nationwide
The plastic bags will be gone from Aldi’s 900 UK stores by the end of year, the discounter said
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NewsOnline retail helps drive warehouse space rental to record level
Take-up in quarter three was more than double that in the same period last year, reaching 13.3m sq ft, according to real estate advisor CBRE
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NewsEG Group founders and TDR Capital acquire majority stake in Asda
Current owner Walmart will keep a minority share in Asda, which will retain its current management under CEO Roger Burnley
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NewsThe Range launching online marketplace for third-party sellers
The discount chain, which sells everything from hot tubs to Iceland’s grocery range, is looking for third parties to register their interest now