Latest Headlines – Page 26
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NewsBulk shapes up for more growth following record year
An increase in the popularity of strength training has lifted DTC nutrition brand Bulk to a record performance as revenues jumped 30% to £123.1m in 2023
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NewsAldi invests £750m in 20-year partnership with UK apple grower
The new 20-year deal will see the introduction of the ‘Aldi Orchard’ – a 200-acre plot on New Green Farm in Gravesend
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NewsOld El Paso launches Street Vibes range to lure pre-family shoppers
The range targets a ‘younger demographic through the fun flavours and format’
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NewsCathedral City launches TV advertising campaign
The adverts will run throughout May, June and July across national TV slots and social media
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NewsCity snapshot: UK retail footfall sees biggest bounce back since 2021
Footfall in UK retail destinations saw the strongest rise since 2021 as shoppers returned to the high street
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NewsMedia Bites 30 May: Boots, loyalty cards, M&S
Profits at UK pharmacy chain Boots soared last year, driven by beauty sales and more shoppers visiting its stores
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NewsGousto returns to the black as it prioritises profits over growth
Revenues were almost flat year on year in 2023, nudging up by 1% to £308m as the recipe kit business turned off the tap for customer acquisition to focus on retention and save money
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NewsM&S announces Alison Dolan as new CFO
Dolan is currently CFO of leading digital property portal Rightmove, a post she has held since 2020
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Comment and OpinionFood & drink needs to get ahead of the UPF debate
Everywhere you look – in the media, online, and in the bookshop window – we’re confronted with warnings about ultra-processed foods, says Tom Horsman, director at SPQR Agency
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Comment and OpinionSqueezy butter – perfect for home bakers or just plain wrong?
The new Anchor Squeezy product, where Arla has ‘taken our delicious butter and popped it into a bottle’, will hit the mults in July
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Comment and OpinionWhat Leadsom, Gove and Eustice brought to Defra in their reign
As parliament is prorogued this week, we say goodbye to former Defra secretaries Andrea Leadsom, Michael Gove and George Eustice, says Ian Wright, co-chair of the Food & Drink Export Council
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NewsHain Celestial promotes Chris Jenkins to global head of impact
Jenkins will oversee Hain’s global impact strategy, which prioritises building purpose-driven brands across its portfolio
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KVI TrackerJuice suppliers ‘exploring’ alternative fruit as orange futures hit new highs
Brazilian crop yields are expected to be their lowest in 36 years
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NewsBear launches £2m crowdfunding round to expand coffee chain nationally
Schoolfriends Craig Bunting and Michael Thorley founded the business in 2014 and opened the first Bear site in their hometown of Uttoxeter in 2016
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Comment and OpinionNatasha Clinical Trial shows a new way forward on food allergies
Doctors say they are already seeing children on the trial who are able to tolerate the foods which previously would have triggered a severe allergic reaction, says Nadim Ednan-Laperouse, co-founder of the Natasha Allergy Research Foundation
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NewsLabour ready to revive Henry Dimbleby’s plans for wave of HFSS taxes
“I think there is a real prospect that a Labour government will revisit the sugar tax,” said one top industry source
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NewsAnglesey cheese plant Mona Dairy on brink of collapse
Directors at the plant said they had failed to source sufficient short-term funding for it to keep functioning in its current form
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NewsPetrol pump prices not falling as quickly as wholesale costs, says AA
‘When a drop in wholesale costs equivalent to a £2 saving from a tank of fuel barely shows weeks later, it looks very much like the same old story,’ said an AA spokesman
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NewsValeo Foods hits the acquisition trail once again with takeover of Dal Colle
Valeo Foods Group is back on the acquisition trail with a deal to buy Italian bakery producer Dal Colle as the ambient giant looks to build a platform across Europe
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NewsBroadland Drinks seeks to shake up French wine with Anarchy launch
A trio of serves in lightweight bottles are available via wholesale now