Channels news – Page 715
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News
Thorntons shares soar on Ferrero takeover offer
Shares in UK-listed chocolatier Thorntons have rocketed up 43% after news broke this morning that Italian chocolate manufacturer Ferrero has agreed to pay 145p a share to buy UK-listed chocolatier Thorntons, valuing the company at £112m.
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GSCOP survey reveals Tesco improvement, Iceland troubles
Tacon said Lewis’ move to reset Tesco negotiations to focus on front rather than back margin had been a major contributor to a shift in perception
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Christine Tacon warns suppliers over lack of training in GSCOP
Retailers are wiping the floor in negotiations with suppliers, Christine Tacon will warn suppliers at a GCA conference
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RSPCA Assured scheme plans 200% certification hike
The RSPCA’s Freedom Food animal welfare scheme is targeting a 200% increase in the amount of products certified…
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Soft drinks wholesaler JC Sudders ceases trading
Soft drinks wholesaler JC Sudders has ceased trading after going bust, leaving 20 staff without jobs…
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Morrisons axes property projects leaving developers high and dry
The retailer is undergoing a cull of its property team orchestrated by new chief executive David Potts
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Morrisons price cuts deliver lowest total among the big four
Morrisons is over 5% cheaper than some of its big four rivals on the 200 plus lines selected in its latest price cuts…
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Roots & Wings goes into meat category with sausages
Organic food brand Roots & Wings has taken its first venture into the meat category…
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Poundland shares sink despite £1bn breakthrough
Shares in Poundland sank more than 6% this morning despite sales at the discount retailer breaking the £1bn barrier for the first time.
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Cookie Core campaign, Boursin makes sense, Delamere loyalty
Ben & Jerry’s has launched a £3.5m push to support its Cookie Core lines. Running now, the campaign…
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Waitrose appoints finance director from John Lewis
Loraine Woodhouse will become Waitrose’s new finance director on 5 October
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New Waitrose 'Pick Your Own Offers' will be consumer-tailored discount scheme
MD Mark Price suggests the scheme will “revolutionise” promotions
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Appleby Westward eyes price improvement, expansion
The company is looking to recruit more than 20 new stores under the Spar fascia before the end of the year to add to the existing 260 trading
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Lidl stresses fair wage commitment as shrimp worker petition nears target
Lidl has insisted it is committed to paying fair wages as shrimp worker campaign on the verge of reaching 100,000 signatures.
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Co-op's 'Fresh Three' gets grocer into price wars
The £125m promotion will see three popular products go half-price every three weeks
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Growing Majestic’s online sales is not the priority, says Rowan Gormley
A number of commentators predicted that Majestic Wine’s takeover of Naked Wines would enable it to supercharge its online growth
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High street 'turns a corner' in survival battle
Research suggests fall in number of administrations and rise in administration survival rates
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Senior grocery figures named in Queen's Birthday Honours
Three high profile food industry figures have been recognised in the Queen’s Birthday Honours list.
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Food waste figures could be forced upon supermarkets
Government debate reveals cross-party support for mandatory waste figures
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Tesco launches special Pride t-shirts
The clothing will be sold in 15 stores along the parade route in London and is also available online for £6