Latest Headlines – Page 268
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News
City snapshot: Packaging giant DS Smith reports soaring profits despite volume declines
FTSE 100 packaging giant DS Smith has reported a double-digit hike in profits despite falling volumes in key markets as e-commerce growth tailed off last year
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News
Spending on innovation slashed as suppliers forced to swallow inflation
The FDF said food and drink manufacturers had been more exposed than other sectors to the impact of soaring costs
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Media Bites 22 June: Arla, THG, Ocado
This morning’s papers pick up on warnings by Arla of a lack of workers, THG’s founder giving up his “golden share” and bid speculation around Ocado.
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Adamo Foods secures £1.5m funding to bring meat alternative steak to market
UK-based Adamo Foods has secured £1.5m in funding to develop meat alternatives products and bring them to market
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‘Most wanted’ list needed to stop shoplifters hitting convenience stores
The impassioned plea comes from the Association of Convenience Stores which found theft across the sector had reached record highs
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UK could become ‘dumping ground’ for deforestation-linked soy
Campaigners have claimed the UK’s upcoming anti-deforestation legislation is weaker than its EU counterpart
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Government taken to court over National Food Strategy climate impact
Agrifood campaigners claim Defra’s food strategy’s lack of meat reduction targets is unlawful
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KVI Tracker
Sainsbury’s Nectar Prices now available on fresh fruit and vegetables
The Nectar Prices scheme has been rolled out to cover six fresh fruit and vegetable lines
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Comment and Opinion
How rising costs are forcing brewers to make tough decisions
The critics have moved onto ‘drinkflation’ and of course, beer brewers are the demons for not passing their abv reduction tax savings onto the consumer
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News
VFC confirms rescue of Meatless Farm
The Meatless Farm brand in the UK will be retained to complement and diversify VFC’s range of frozen plant-based chicken products
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Oscar Mayer appoints new leadership following ownership change
UK ready meals supplier Oscar Mayer has hired a new leadership team following a change in ownership
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Tesco to stock Prime energy drink from next week
It is understood that Tesco will have an exclusive deal to sell the brand’s latest flavour: strawberry watermelon
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Grocery legend Charles Wilson awarded CBE
Wilson is a long-serving champion of GroceryAid, serving as the charity’s president from January 2020 to December 2021
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Castell Howell sales jump as Welsh free school meals rollout accelerates
In 2019, the Welsh government announced its intention that all primary school pupils would receive a universal free school meal by 2024
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AF Blakemore extends Stock and Sell scheme to smaller convenience stores
By signing up, retailers can earn up to £15,000 worth of free stock per store at retail value, as well as the latest NPD and free merchandising display units to drive sales
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Heinz Baconnaise hit by delists as shoppers lose interest
A Heinz spokesman said Baconnaise had not been discontinued and that the manufacturer had no plans to axe it
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Defra unveils ‘simplified’ update to post-CAP farm subsidy scheme
The improved Sustainable Farming Incentive will offer a greater number of sustainable criteria farmers can be rewarded for
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News
Harlech Foodservice wins contract to supply NHS Wales
As part of the deal, Harlech will supply 450 lines of dry store products, including canned goods, rice and pulses to 120 locations across Wales
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News
Invisible tags trialled on bottles to trace recycling rates
Recycling tech company Polytag is deploying the system in conjunction with waste giant Biffa’s material recycling facility (MRF) in Teesside
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Supermarkets back first whole-town trial of digital deposit return scheme
Companies running the trial, which is also backed by major suppliers including Nestlé and Danone, are expecting around 250,000 product returns during the period