Latest Headlines – Page 185
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NewsCity snapshot: Treatt seeks new CEO as Daemmon Reeve retires
Drinks ingredients supplier Treatt has kicked off a search for a new CEO after Daemmon Reeve informed the board of his decision to retire from the role he has held for the past 11 years. Plus, retail sales register bigger-than-expected drop in September and consumer confidence plunges in October.
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NewsMedia Bites 20 October: shoplifting, Nestle, Deliveroo
Shoplifting has hit a record high of 1,000 offences a day, an unprecedented 25% increase in a year, official figures showed on Thursday.
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NewsCity News: Nestlé shares sink as shoppers baulk at continued higher prices
Shares in Nestlé sank on Thursday as the world’s biggest food group revealed lower-than-expected sales growth in the first nine months of 2023.
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NewsM&S quadruples intake of careers programme for school leavers and graduates
Successful candidates could be running a store in two years, according to M&S
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Comment and OpinionHow anti-obesity medicines are hitting fmcg shares
With rising numbers of patients on these medications, volume growth particularly for less healthy food and alcohol sub-sectors could be impacted, says Warren Ackerman, head of European consumer staples research at Barclays
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Comment and OpinionCoca-Cola’s vodka lemonade NPD will win, but it’s a bit dull
Sprite and Absolut feels like Coca-Cola playing it safe
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NewsTesco and Asda launch Christmas delivery slots ‘earlier than ever before’
Asda warned customers the slots “sell out fast at this busy time” and “once they’re gone, they’re gone”
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NewsRecord medal haul at William Reed’s World Steak Challenge
The competition – run by The Grocer’s publisher William Reed and partnered with Bord Bia – handed out a total of 346 medals at an event in Amsterdam this month
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NewsBirds Eye back in growth as shoppers switch to frozen lines
Birds Eye has returned to sales growth as it raised prices to offset inflation and benefitted from cash-strapped shoppers switching from fresh to frozen.
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NewsOscar Mayer makes three appointments to senior management team
Each candidate was chosen following an ‘extensive search across the food manufacturing industry for bright, energetic and experienced talent’
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NewsM&S claims retailer first with fully recyclable coffee cup
M&S has dispensed with a hard-to-recycle plastic layer usually found in coffee cups by using a material claimed to replicate the same barrier effect
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NewsFarmers campaign at supermarket distribution hubs for improved returns
New campaign group Proud to Farm blockaded six distribution centres last week
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KVI TrackerFrozen turkeys set to be even pricier for Christmas 2023
Prices are up to 20% higher than this time last year and 30% higher than two years ago
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NewsNestlé unveils first carbon-reduced petfood range for Purina
‘We believe the health of our environment is as important as providing high quality pet food products,’ said Nestlé
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NewsBranston announces plans to open state-of-the-art mashed potato facility
The new facility, which is expected to be operational by spring 2024, is expected to output 23 million packs of mashed potato in its first year
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NewsMultibuys on non-HFSS products increasing across big supermarkets
The Food Foundation tracks the number of multibuy deals offered by the traditional big four and Aldi
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NewsHolland & Barrett opens first concessions in Tesco stores since pandemic
The two new openings are H&B’s first new UK Tesco concessions ‘for a while’
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NewsIndian restaurant Gymkhana plots retail rollout for at-home Michelin starred range
The renowned Indian restaurant has raised $3m (£2.5m) to bring its Michelin star food to the grocery channel
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Analysis and FeaturesHow CBD safe level rethink has set off a ‘grenade’ for brands
The FSA’s move to slash the acceptable daily intake of CBD looks set to trigger confusion for retailers and consumers over what is safe
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NewsAldi recruiting for 14 e-commerce team positions
The discounter wants to ‘keep giving our customers new and exciting ways to shop’ – despite beating a retreat from online this year