Latest Headlines – Page 364
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NewsCity News: Diageo posts strong growth but shaky US performance knocks shares
Investors toasting double-digit sales and profit growth at Diageo found their good cheer soured this week by a sharp share price drop, as attention fell on stuttering growth in the US
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NewsPlant-based dogfood brand Omni raises £400k to fuel expansion
The DTC business offered customers the chance to invest for as little as £11
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Comment and OpinionIs greedflation really happening in food and drink?
Hundreds of food and drink suppliers are pushing through price hikes, and inevitably, somewhere along the line, some will take advantage
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News‘First proof’ sugar tax has helped tackle obesity, claim researchers
The introduction of the tax in 2018 was associated with an 8% reduction in obesity among 10 and 11-year-old girls
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NewsPoorer families spend £250m more on unhealthy food, report finds
Healthy foods were found to be ‘on average three times more expensive per calorie than unhealthy alternatives’
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NewsBattered supply chains put food and drink at highest theft risk
Supply chain volatility has opened the floodgates for ‘opportunistic crime’
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NewsLidl claims supermarket first with Welsh language accreditation
The discounter has received the Cynnig Cymraeg certification from the Welsh Language Commissioner
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NewsBestway Group takes stake in Sainsbury’s
Costcutter owner Bestway Group has announced this morning it has taken a 3.45% stake in Sainsbury’s and may buy further shares in the supermarket
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NewsMcCoy’s launches Mexican-inspired Epic Eats crisps duo
It comes after McCoy’s axed its Mexican-style Muchos lineup last summer
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Comment and OpinionReese’s pervy shoe spot feels strangely British
Establishing a sense of humour is a great way to make a brand feel familiar
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Comment and OpinionTesco’s John Allan can light as many fires as he wishes. We farmers know the truth
To me this is nothing more than an attempt by Tesco to get consumers on their side, says farmer Iain Brown
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Comment and OpinionThe Menu: horrific, hilarious service industry satire is a must-watch
As anyone who’s ever worked in the service industry will attest, there are some customers you could just murder
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NewsFood exporters at risk of hefty fines from new French packaging laws
British food exporters are “petrified” over upcoming French packaging rules that could mean they are hit with fines worth tens of thousands of euros
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NewsDemand for food from social supermarket doubles amid cost of living crisis
Community Shop works with the fmcg industry to redistribute surplus stock that might have otherwise gone to waste
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Analysis and FeaturesDefra’s DRS plans: how will it work? And is it all sorted?
Glass is out, 2025 is the deadline and industry will run the scheme
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NewsPotts says vertical model made it harder for Morrisons to keep prices down
A lack of competitiveness on price was a key reason for a 4.2% fall in like-for-like sales in the 52 weeks ending 30 October 2022
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NewsRowntree’s makes non-HFSS debut with gummies quartet
Berry Hearts, Safari Mix, Gummy Bears and Jelly Snakes are provide 30% less sugar compared with similar sweets
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Comment and OpinionDon’t misunderstand John Allan’s supplier comments: he was bang on script
Allan’s comments about suppliers would seem to reflect the corporate view, says Ian Wright, outgoing co-chair of the Food & Drink Sector Council
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NewsCity snapshot: Bestway Group takes 3.45% stake in Sainsbury’s
Costcutter owner Bestway Group has announced this morning it has taken a 3.45% stake in Sainsbury’s and may buy further shares in the supermarket
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NewsMedia Bites 27 January: Morrisons, Asda, Diageo, Fever-Tree
It’s a busy morning for grocery and fmcg news in the papers with coverage of the latest Morrisons results, job cuts at Asda, first -half results at Diageo and a trading update at Fever-Tree.