Channels news – Page 420
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NewsSupermarket fruit & veg price hike urged as growers face ‘bleak’ profit outlook
Suppliers have warned of tightening margins in 2020 after poor weather and increased labour costs
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NewsM&S to roll out new supply chain system to cut food waste and costs
‘Disappointing’ food waste levels hit margins in the third quarter
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NewsWaitrose results: Charlie Mayfield hails booming online sales
The JLP chairman said he hoped 2020 would be a year of “dramatic growth”
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NewsSainsbury’s recalls own-label pestos amid peanut contamination fears
Supermarket pesto stocks have already been battered by market leader Saclá’s recall in December
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NewsBlakemore lands three-year contract to supply Soho Coffee Co
The wholesaler has introduced 300 new product lines to service the contract
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NewsTesco Christmas sales edge up despite ‘subdued’ market
Tesco boss Dave Lewis today claimed Christmas saw the “best operational performance” he had seen since he joined the supermarket in 2014. Plus, on a hectic morning, festive grocery sales rise for Waitrose and M&S, trading updates from Naked Wines, Nichols, Hilton Food Group, Mitchells & Butlers and all the rest of the latest news from the City.
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NewsGreggs to roll out nationwide delivery service this year
CEO Roger Whiteside said the bakery chain had been running trials with Deliveroo, Uber Eats and Just Eat
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NewsWalgreens Boots Alliance reports sales rise as costs hit profits
Walgreen Boots Alliance increased sales in its first financial year quarter
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NewsSainsbury’s posts positive Christmas results after ‘upping its game’
CEO Mike Coupe said the supermarket had become more competitive on price and grown its premium Taste the Difference range over the past six months
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NewsDeliveroo to move technology teams to new Edinburgh HQ
The move will create 70 technical roles this year
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NewsNew brand by Black Farmer’s The Hatchery launches into Asda
The Gym Kitchen started selling four ready meal SKUs at the retailer on 6 January
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NewsCity snapshot: Sainsbury’s Christmas grocery growth mitigates Argos decline
Sainsbury’s has posted a decline in like for like retail sales in its crucial third quarter. Plus, Greggs has posted another quarter of strong organic growth to take its full year sales up 13.5% year-on-year while committing to pay staff £7m and all the rest of the latest news from the City.
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NewsEnfield retail park to be redeveloped for online sellers after M&G sale to Prologis
Ravenside Retail Park in north London’s Edmonton had been owned by M&G, the investment firm that last month banned withdrawals by investors from its property fund
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NewsAsda names new chief customer officer amid raft of senior changes
Andy Murray is set to leave after four years in the role
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NewsPotts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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NewsPlanet Organic selling through ‘premium’ food delivery app Supper
Customers can order a selection of hot and cold food-to-go from the organic supermarket chain’s two Tottenham Court Road branches
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NewsCity snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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NewsCVAs ‘delaying inevitable’ financial collapses, claims Colliers
Of 23 retailers to enter CVAs from 2016 on, 13 have since gone into administration
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NewsAldi Christmas sales up 8% as it breaks £1bn barrier
Sales were boosted by particularly strong growth in beers, wines & spirits