Latest Headlines – Page 264
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News
Boots to close 300 stores over the next year
Shopworkers affected by the closures are to be offered jobs at other stores
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DX invests £3m in electric vehicles for Ikea contract
It follows the launch of an initial fleet of electric vans for Ikea in August 2022 at the cost of £750,000
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Parfetts investing to improve environmental credentials of depot network
It said the new investment would both drastically reduce its carbon footprint and generate cost additional cost savings
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Lidl to donate 1.8 million meals during school holidays
Food will be donated via Lidl’s redistribution partner Neighbourly
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Foodhak acquires The Pure Package and Balance Box from liquidation to expand offering
Ayurvedic ready meal business Foodhak has acquired healthy meal delivery business The Pure Package and sister company Balance Box out of liquidation
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Project D closes crowd round to back rollout of doughnut stores
Premium doughnut maker Project D has raised close to £500k from the crowd to aid a retail store rollout
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Aldi price match schemes under scrutiny as CMA report on ‘profiteering’ looms
Yesterday supermarket bosses strongly defended claims they were inflating profit margins on the back of the cost of living crisis
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Sarah Lawler becomes new MD of Tesco Convenience
As Convenience MD she has replaced Kevin Tindall, who has now become Tesco MD for large stores
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Media Bites 28 June: Supermarket inflation, Boots, Diageo
Britain’s biggest supermarkets have rejected accusations from MPs that the industry is behaving like ‘a cartel’ and is fuelling inflation by profiteering from soaring food prices
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City snapshot: Dekel Agri-Vision profits fall despite record palm oil prices
Profits at Dekel Agri-Vision have fallen despite the company benefitting from record palm oil prices as a poor harvest hit production at the agribusiness group.
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Deliveroo looks toward future ‘smell-o-vision’ and virtual dining tech
The ‘smell-o-vision’ style tool is one of several futuristic concepts put forward in Deliveroo-commissioned report Snack To The Future
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Comment and Opinion
I’ve witnessed misogyny in fmcg negotiations and it needs to stop
A major culpable profile is the older, male, ex-big-retail buyer in sectors such as wholesale and hospitality. says David Sables, CEO of Sentinel Management Consultants
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News
Fruittella links with Manchester Drinks for pocket-friendly squash launch
Fruittella Water Enhancers will roll exclusively to B&M stores this summer
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Comment and Opinion
Supermarket bosses’ food price grilling by MPs foreshadows more woes
Retailers will be much more concerned about next week’s CMA probe
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YouTuber MrBeast launches Feastables snack range in UK
There are now two products available via the Feastables UK website: the chocolate and peanut butter bar Deez Nuts, and the puffed rice chocolate bar Crunch
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Comment and Opinion
How to handle tough negotiations with retailers
A successful negotiation isn’t necessarily a win for either side, says Gina Overton, director at Bridgethorne
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News
Sainsbury’s slams government backtrack on HFSS bogof ban
The retailer, along with Tesco, has vowed to continue with a self-imposed ban on HFSS bogofs and other multibuy deals for unhealthy products
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JJ Foodservice launches own brand extra virgin olive oil
JJ said the new offering formed part of its commitment to offer high-quality own-brand products at competitive prices
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News
Mara Seaweed administrators urgently seeking rescue for seasonings brand
The Scottish seaweed brand is on the verge of closing its doors as administrators seek a rescue deal to save the business
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Morrisons vows to stock Savers range in c-stores to help low-income shoppers
CEO David Potts announced the move as MPs grilled executives from the major retailers on what they were doing to tackle food inflation