Latest Headlines – Page 351
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NewsHeineken says Russia exit will take longer than expected
The Dutch brewer promised to withdraw from the Russian market following its invasion of neighbouring Ukraine nearly a year ago
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NewsAldi creating 6,000 jobs this year as expansion continues
It comes a week after The Grocer revealed Lidl had dramatically scaled back its opening plans for the year ahead
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NewsTikTok smash cereal brand Crispy Fantasy to launch DTC operation
Crispy Fantasy ran a campaign with Zapp last year during which 2,000 free samples were added to the quick commerce player’s orders
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NewsJJ Foodservice set to double the number of schools it works with by 2026
JJ said it planned to attract schools with its fully digitalised ordering systems and strong focus on sustainable produce and social value
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NewsAsda taps Publicis Sapient for post-Walmart e-commerce platform
The platform will be delivered by April 2024, as part of a “hugely ambitious” programme, Publicis Sapient said
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NewsNutritional drinks brand Exalt partners with Tottenham Hotspur
Exalt makes around half of its sales through its own website, with 30% of that revenue coming via customer subscriptions
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Comment and OpinionIn turbulent times, should grocery businesses become ‘firefighters’ or ‘navigators’?
Businesses will need to make conscious decisions and evolve to thrive in the year ahead, says John Cooper, partner at EY-Parthenon
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Comment and OpinionStop looking for Brexit dividends. Rushed legislation won’t benefit anyone
It’s high time we moved on from clambering to tell a positive Brexit story, says Dan Crossley, executive director, Food Ethics Council
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Comment and OpinionCapitalise on commerce media by uniting marketing teams and budgets
To fully embrace this way of working, brands and retailers need to be open to more collaboration, says Matt Lee, MD at Capture
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NewsCity snapshot: Nestlé targets margin improvement after cost inflation dents profitability
Nestlé has targeted margin improvement in 2023 despite ongoing cost inflation after soaring input costs dented profitability in 2022. Plus updates from CCEP, Pernod Ricard, Kerry Group and SSP Group
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NewsUK cultivated meat investments jump fivefold in 2022
Analysis of PitchBook data found UK cultivated meat companies enjoyed £61m of new funding in 2022
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NewsMedia Bites 16 February: Morrisons, Wilko, Mowi, Heineken, Kraft Heinz
The papers pick up a credit ratings downgrade for Morrisons, alongside job cuts at Wilko, controversy over Norwegian salmon tax and results for Heineken and Kraft Heinz
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NewsMorrisons’ credit rating slashed amid concerns over leverage
Morrisons’ credit rating has been downgraded in response to disappointing sales and profits at the private equity-owned supermarket
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Comment and OpinionWaitrose joins rivals in slashing prices – but for a different reason
The move signals the retailer is taking the cost of living crisis seriously, and acknowledges its customers are feeling the pinch
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NewsJBS and PepsiCo among companies slammed for ‘poor’ climate credentials
A New Climate Institute report claims food giants lack ’credible commitments’ to reach net zero
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NewsRoberts rebrands bakery range to highlight Cheshire provenance
It has unveiled a new logo featuring the bakery’s distinctive cooling towers, alongside a new ‘Raised in Cheshire’ strapline
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NewsKraft Heinz warns of more price hikes in 2023 to combat higher costs
Kraft Heinz is the latest global consumer packaged goods group to report a strong double-digit jump in the fourth quarter of 2022 thanks to hefty price rises.
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NewsColdpress takes on Moju with juice shots duo
The 150ml bottles would bring added momentum to the category, said Coldpress
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NewsRapid grocer Zapp strategy chief launches comms business for scale-ups
Ex-TechCrunch journalist and Zapp’s SVP of strategy, Steve O’Hear, has co-founded O’Hear & Co (OHC) with Rachael Brown
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NewsMorrisons confirms plans to stock Prime Hydration drink, and could be joined by Sainsbury’s
Prime is listed on the internal stocking systems of both retailers, according to Prime Tracker UK