Latest Headlines – Page 151
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News
Former M&S Food head of finance Tristan Phillips appointed Poundstretcher CEO
Phillips has been at Poundstretcher for just over a year, having moved from M&S to become the variety discounter’s finance director in autumn 2022
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News
THG buys skincare brand Biossance for ‘less than nothing’
A five-hour bidding process saw THG secure Biossance’s IP, inventory and debtors with a book value of $29m
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News
Cheesegeek smashes crowdfund target to expand into physical retail
The brand hopes to shift consumers towards buying better-quality cheeses rather than mass-produced products at the supermarket
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News
Carlsberg Marston’s Brewing Company to shut Ringwood Brewery
It takes the number of breweries sold or closed by CMBC since 2020 to five
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News
Frozen food temperature standard overhaul urged as study reveals energy savings
Food and logistics companies say increasing the –18°C frozen food standard will create energy and cost savings in supply chains
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News
The Good Crisp Company debuts free-from Pringles alternative in the UK
The launch is being supported by nascent fmcg consultancy Balloon Brand
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News
Former Diageo president for Europe John Kennedy returns to role
Kennedy had left Diageo after 27 years in June
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Media Bites 6 December: Grocery market share, SSP Group, olive oil
Sainsbury’s has claimed its largest increase in market share in more than a decade after stepping up the price war with the German discounters Aldi and Lidl
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News
City snapshot: British American Tobacco hit by US economic slowdown and rise of illegal vapes
British American Tobacco is taking a £25bn one-off hit as it writes down the value of its traditional cigarette brands in the US, the London-listed group said this morning in a trading and strategy update.
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News
Valeo Foods urged to 'cease acquisitions and focus on turnaround'
Valeo Foods must focus on turning around its UK snacking business and hold off from acquisitions to avoid any further deterioration in its credit rating, according to Moody’s
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Comment and Opinion
How important are chocolate ethics to consumers, really?
Brits munch their way through millions of chocolates over Christmas, but is it all ethical?
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News
Green Bridge Gateway launched to assist cannabis businesses with UK and EU market entry
The service would offer a “single point of contact” to medical and consumer CBD companies looking to launch in the markets
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News
Davinder Jheeta designs 24-hour convenience store in Birmingham
Jheeta has been working with retailers Mike Nijjer and Manpreet Samra since April to create a store that would be the “best version of itself every hour of the day”
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News
Dairy giants pledge to disclose methane emissions for first time
Companies including Nestlé, Danone and General Mills are committing to disclose annual emissions from their dairy supply chains
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News
Concha y Toro brings forward net zero emissions goal by a decade
The winemaker had been planning to reach the milestone by 2050
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News
Finalists of the Convenience Awards 2024 revealed
The Convenience Awards 2024 will take place on Thursday 21 March 2024 at the Victoria Warehouse in Manchester
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News
New immigration rules could herald fresh labour crisis, warn meat producers
The meat sector has warned the plans could affect butcher and abattoir worker numbers
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News
Global food commodity prices finally easing in 2024 after three years of turbulence
Rabobank’s 2024 outlook shows many commodities, such as corn and sugar, returning to stability
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News
Insane Grain backed by Harry Kane following TikTok push
For almost two months, the brand has been trying to catch Kane’s attention through a series of targeted TikTok posts
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Analysis and Features
How Wagamama is helping prisoners prep for hospitality careers
Wagamama is taking part in a programme that offers inmates the chance to learn skills in a professional kitchen and find work upon release. We went to prison to find out more