Latest Headlines – Page 241
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News
City snapshot: Diageo posts double-digit annual growth on strong pricing
Spirits giant Diageo has posted net sales growth of 10.7% driven by price rises and premiumisation, which mitigated a drop in sales volumes. Plus sales jump at Greggs, AG Barr CEO to step down, food inflation falls and all the rest of the news from the City
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News
Media Bites 1 August: Shop prices, Heineken, vaping
UK shop prices dipped month on month in July for the first time in two years, according to industry data published this morning.
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Comment and Opinion
Soft drinks levy must be a blueprint for tackling obesity
It is imperative to take proactive measures to address the issue of excessive soft drink consumption among adolescents, says Dr Kawther Hashem, campaign lead for Action on Sugar
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News
SHS Group appoints Arthur Richmond as CEO
Richmond has taken over from Elaine Birchall, who stepped down earlier this month after eight years at the helm of the business
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Comment and Opinion
Walmart’s targeted radio ads signal the future of in-store media
The Walmart Radio Network marks a new frontier in the development of the physical store as a multifaceted retail media asset, says Miya Knights, co-author of Amazon and Omnichannel Retail
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Comment and Opinion
Defra won’t get far without mandatory food waste reporting
The last remnants of Defra’s “world-leading” environmental policies spilled out on Friday, when a whole series of documents were dumped on its website
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News
European heatwave to push up fruit & veg prices, experts warn
According to analysts, crop yields of fruit & veg grown in Spain are likely to be affected by the temperatures in southern Europe
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News
Lack of fertiliser self-sufficiency a risk to food security
The Commons Efra Committee said the government had not ’set out the steps it will take to protect domestic production of nitrogen fertiliser and [the] ammonia used in it’
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News
Mead makers celebrate sweet relief of UK duty changes
Gosnells founder Tom Gosnell said the changes would increase innovation and competition
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Analysis and Features
Will the CMA’s unit pricing review change anything?
The CMA’s latest review into unit pricing highlighted some long-running problems, but immediate change could be a long way off
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News
Family optimism at highest level in two years, according to M&S quarterly survey
Almost half (45%) said they felt optimistic about their family’s prospects for the next three months
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Range Preview
A very bao bun Christmas: Tesco’s festive range 2023
Tesco says goodbye to boring old turkey and hello to slow cooked sloe gin duck, and other show-stopping centrepiece alternatives in its Christmas 2023 range
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News
Aldi to create 800 new store jobs by Christmas
The discounter currently has 997 stores across the UK, with plans to open new ones in Oldham, Flitwick and Coventry, among other places
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News
Bear adds Fruit Splits snacks for older children
As well as being ‘tasty and better-for-you’, the snacks had a ‘fun and educational element’, containing collectible science cards
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News
Deposit return scheme body’s huge debts revealed
According to Companies House figures, Circularity Scotland Limited had racked up debts of £86.2m when it entered administration last month
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Analysis and Features
Has Stuart Machin lost his marbles over Gove’s M&S store plan kibosh?
The M&S boss is fuming over Michael Gove’s ‘act of self-sabotage’
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News
Media Bites 31 July: Sainsbury’s, British American Tobacco, Unilever
The boss of Sainsbury’s has called for people working on farms and in factories to be added to the official shortage occupation list
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News
City snapshot: Heineken cuts profit expectations as drinkers balk at higher prices
Heineken has lowered profit forecasts for the year after a weaker-than-expected first-half performance as higher prices put off drinkers.
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Analysis and Features
The ups and downs of vertical farming
’From seed to plate, we shorten the supply chain and only grow in the UK, reducing emissions and waste’
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News
City News: Unilever beats expectations but falling market share concerns City
Unilever shares were buoyed increasing margins and sales that beat expectations in the first half, but concerns were raised over its falling market share as pricing hampered volumes