Latest Headlines – Page 266
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NewsCity snapshot: Associated British Foods lifts profit expectations
Associated British Foods has raised its profit forecasts for the year as the grocery and ingredients divisions benefitted from price rises. Plus, Cake Box is upbeat about year ahead as it reports falling profits and Sainsbury’s announces a £15m investment to cut the price of cupboard staples such as rice and pasta.
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NewsMedia Bites 26 June: Inflation, Carlsberg, Hotel Chocolat
Supermarkets will be scrutinised this week for any sign they may be profiteering from rising prices
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NewsCity News: THG shares jump on back of ‘strong’ second quarter
THG shares jumped on Wednesday thanks to an expected boost to profitability and the removal of its founder’s block on any potential sale
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NewsWhole Foods Market sees UK losses rise to £26m
Newly filed accounts for UK trading arm Fresh & Wild showed operating losses rose 53%
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NewsGin boom officially over as big brands see sales slump
Leading the decline in value sales is Gordon’s, which has shed £72.8m
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![drinks_RGB[48]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/2/9/2/297292_drinks_rgb48_667484.jpg)
Analysis and FeaturesThe drinks brands trying to make the world a better place
Alcohol brands are reacting to consumer demand for better ethics with (mostly) favourable results. What are the positives and pitfalls of a higher sense of purpose?
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Analysis and FeaturesBritain’s Biggest Alcohol Brands 2023: The top 100
Stella might be maintaining its dominance at the top, but 2023 has proved volatile for booze brands
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Analysis and FeaturesBad news for Bud Light in alcohol’s biggest winners and losers
Britain’s top 100 booze brands are worth a total £11.4bn this year – £369m less than in 2022
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Analysis and FeaturesThe drinks challenging the UK’s 100 favourite alcohol brands
Britain’s top 100 booze brands can’t rest easy. Brits’ thirst for cocktails, alcoholic energy drinks, posh wine and premium spirits means the UK market is more competitive than it’s ever been
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Comment and OpinionHeineken celebrates 150 years of wrongness
Heineken is 150! And it has seemingly only just noticed that its name is tricky to spell
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Comment and OpinionDish: insufferable bantz continues to blight Waitrose’s podcast
The first episode of Dish was hard to enjoy. What’s it like now?
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Comment and OpinionUK retail sector is one of the most competitive and innovative in the world
Customers have the final say by voting with their feet, says The Grocer’s guest editor Kris Comerford
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Analysis and FeaturesThe inside story of Meatless Farm’s rise and fall
Meatless blamed an investor pullout, but others attribute the brand’s ‘unbelievably bad’ numbers to poor management
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Comment and OpinionWant to maximise your time? Learn to be less helpful
It might sound selfish, but it’s a vital time management hack
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Analysis and FeaturesChief commercial officer Kris Comerford lifts the lid on Asda’s plans
The Grocer’s guest editor Kris Comerford discusses Mohsin Issa, Asda’s debt pile, availability and the possibility of a ‘Rewards Prices’ scheme
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NewsFormer seasonal workers tell Lords committee of ‘appalling’ conditions
The Committee heard from Sybil Msezane, an ex-worker from South Africa, who said ’we weren’t viewed, from my experience, as humans’
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NewsParfetts to award 4% sales growth bonus to staff
The payment comes on top of an existing October profit share bonus, which was worth a total of 8% of salary last year
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NewsC-store expansion boosts Morrisons as inflation hits profits
CEO David Potts said c-stores were a “strong area of focus and growth” with Morrisons now boasting almost 650 Morrisons Daily stores
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NewsNorthern Ireland post-Brexit trade plagued by lack of clarity
Businesses warned of incoming trade disruption on the Irish Sea border
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KVI TrackerKVI: Potato prices soar by up to 100% in a year as supply tightens
Of the 121 potato skus on sale at the traditional big four, Aldi, Lidl and Waitrose, almost 50% (58) have risen by over 10% in the past year