Latest Headlines – Page 231
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NewsHarrods hails ‘year of recovery’ after strong results
Harrods had outperformed the wider market due to its long-standing relationship with brands and customers, said CFO Tim Parker
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NewsAsda launches new food to go concept
As well as the two initial stores, the Asda Food Hub concept is being applied to a refresh of 10 of Asda’s pizza and hot food counters across its estate
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News‘Tipping point’ in falling tax take looming as shops close, retail chiefs warn
In a warning shot to the government, the Retail Sector Council has set out its predictions for the future of the sector
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NewsASA raps Napolina for ‘exaggerating’ prize fund in Tesco promotion
The Princes-owned ingredients brand gave out just one £500 voucher from an advertised total prize fund of £125,000
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NewsNisa retailer Amrit Singh moves from wholesaling to exporting viral NPD
The products, including confectionery, snacks, toys, and accessories, are being imported to his new 5,000 sq ft warehouse in Walsall
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NewsTesco fulfilment fees in spotlight as Adjudicator aims warning shot over ‘pay to stay’
The Adjudicator has also warned grocery retailers they must be able to prove their behaviour on delists is code-compliant in the event of future disputes
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NewsMüller completes clear milk bottle cap switch in bid to save plastic
The company will have a reduced dependency on virgin plastic of more than 1,500 tonnes each year
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NewsColgate Palmolive trials generative AI chatbot
Ask Profitero AI assistant serves up data from more than 1,000 retailers in 50 countries, including price, availability, search rank, customer reviews, video and imagery
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NewsLiquid Death seals c-store debut with Co-op and Nisa listings
The listings come four months after Liquid Death made its UK debut via Amazon
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NewsMedia Bites 16 Aug: M&S, Asda, supermarket inflation
Marks and Spencer is on track to re-enter the FTSE 100 after the UK retailer upgraded its annual profit outlook thanks to robust sales
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NewsCity snapshot: Food price inflation register sharp slowdown in July
A sharp slowdown in soaring food and drink prices helped drive inflation down to a 17-month low in July, according to new government data. Plus, Glanbia appoints a new CEO after Siobhán Talbot retires and also reports first-half results, and Carlsberg raises profit guidance
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Comment and OpinionHow brands can harness the power of nostalgia
Nostalgia can be a powerful approach for certain brands, helping them bring back fond memories of their products, says Blake Armstrong, MD at Krow London
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Comment and OpinionKit Kat cereal and Corona Tropical are brand extensions too far
It is safer for brands to operate within their core proposition and expand only where relevant into adjacent spaces, says Jeremy Garlick, partner at Insight Traction
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NewsM&S hikes profit guidance following strong sales growth
Marks & Spencer has upgraded earnings expectations after a strong start to its new trading year
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NewsKoko Dairy Free relaunches milk and yoghurt alternative lines
The relaunched products have been released in new packaging to highlight the range as a ‘true alternative to dairy’
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Comment and OpinionBritain can’t grow its way out of Europe mega-weather food supply threat
This year’s soggy British summer may well have presented a different argument, but Europe’s heatwaves pose an existential threat to food
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NewsRapid grocer Gopuff beating Tesco superstore prices
The cheaper-than-Tesco prices are available for members of Gopuff’s paid-for subscription offering, Fam
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NewsOatly strikes pan-European partnership with Amazon
Oatly plans to produce a “fully enclosed bespoke packaging solution” for Amazon customers
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NewsAsda sales up 9.6% year on year as Just Essentials range drives growth
Sales were up 9.6% year on year, including a 14.7% increase in own brand sales
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NewsUK firm developing space farm to grow produce for astronauts
Vertical Future is being backed by the UK Space Agency on the project – likened to “the plotline of The Martian”