Latest Headlines – Page 303
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NewsSoft drink and sweet prices set to jump again for summer
Global sugar prices hit a six-year high in March and there is little sign of them easing
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NewsSainsbury’s promises more investment to keep prices down
Grocery sales were up 3%, driven by inflation and improved market share performance, with Q4 grocery sales up 7.4% as inflation increased
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NewsTesco, M&S and Ocado join forces with war on plastic coalition
The move comes with half or 1.2 million tonnes a year, of the UK’s plastic packaging not currently recycled
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NewsSeafood sourcing countries told to improve fishing labour standards
Key seafood sourcing countries like the US, China and Japan, have yet to ratify the International Labour Organization Working in Fishing Convention
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NewsMalaysian palm oil tariffs relaxation comes under fire
Palm oil production has been linked to illegal deforestation and biodiversity loss in countries such as Malaysia and Indonesia
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NewsAbsolut adds a duo of cocktails to RTD lineup
Absolut will host nationwide sampling of the RTDs this summer in cities and at festivals including Mighty Hoopla and On The Beach
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NewsPernod Ricard slammed for resuming Russia exports
The drinks giant has restarted exports of Beefeater and Jameson to Russia
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Range PreviewKing Colin and crown pastries: the M&S coronation range
Marks & Spencer has launched a range of treats fit for a king – or at least, a very hungry caterpillar
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NewsAsda opens 150th On the Move convenience store
The latest opening puts Asda a step closer to having 200 of the roadside convenience stores by the end of 2023
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NewsAnchor and Lurpak reduce block butter pack size
The dairy co-op has started phasing out 250g blocks of its two flagship brands, citing the cost-of-living crisis.
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NewsAgricultural inflation easing but farms remain under pressure
The latest research by farm supplies co-op AF showed a fall in average agricultural input costs of 2.6% in the six months to the end of March
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NewsThe Vegetarian Butcher launches southern fried chicken alternative
The Hentastic fillets are made from soy protein and coated in a golden crunchy outer layer
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NewsCity snapshot: Sainsbury’s profits slide as retail margins contract
Sainsbury’s has reported lower annual profits despite an inflation-driven 5.3% in sales. Plus trading updates from Unilever, Carlsberg, Hotel Chocolat and more
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NewsMedia Bites 27 April: Reckitt Benckiser, CBI, John Lewis
The main business headlines this morning focus on Reckitt Benckiser appointing a new CEO, as well as the ongoing crisis at the CBI.
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NewsGrosvenor increases food technology investments
Global property group Grosvenor increased its investment into food and agriculture firms last year, despite the macro-economic headwinds facing the sector
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NewsCoke bottler CCEP to continue raising prices despite easing inflation
Coca-Cola Europacific Partners has said it will continue to take action on pricing in 2023 despite double-digit price increases in the first quarter
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Comment and Opinion‘Eco-modernists’ fail to appreciate the societal importance of livestock
The Dublin Declaration reminds us human civilisation has been built on livestock for more than 5,000 years, says Joanna Blythman, food journalist and author of Swallow This
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NewsHolland & Barrett launches open banking payment option
H&B will now be able to process e-commerce payments using Trustly
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Comment and OpinionThe future looks rosier at Planet Organic after surprise rescue by founder Renée Elliott
Suppliers – not to mention employees – will have breathed a sigh of relief yesterday as Planet Organic secured an unlikely rescue spearheaded by the chain’s founder Renée Elliott
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NewsM&S to invest additional £12.5m in London stores
The retailer has invested £23m in the city in its 2022/23 financial year and created 400 jobs