Latest Headlines – Page 1029
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NewsAppleby Westward sees 10% profit hike as sales increase
The south west-based delivered wholesaler recorded pre-tax profits of £3.1m
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NewsCity snapshot: Tulip’s annual losses rise to £85m
UK pork giant Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts at the Danish Crown-owned business.
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NewsMedia Bites 12 July: Digital tax, Reckitt Benckiser, M&S
Britain is on course for another trade showdown with President Trump after deciding to forge ahead with a special tax on Amazon, Google and other big technology companies
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NewsAdelie Foods sees £55m loss as impairment charges hit
Sandwich giant Adelie Foods posted another eight-figure loss despite improvements in its underlying performance.
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NewsEvolution Foods adds fruit & nut snacks in plastic-free packs
The 25-strong lineup will be available from Monday (15 July) in Wilko
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NewsHappy Egg producer Noble Foods reports profits jump as US egg market stabilises
Noble Foods profits jumped 650% with the company attributing the strong performance to a “more stable” US egg market.
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NewsGove warns of ‘significant’ no-deal Brexit challenges for food & drink sector
Defra Secretary of State Michael Gove said a no-deal will put a strain of the UK food & drinks manufacturing sector.
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NewsPeter McBride chosen to join Spar International executive committee
The group gathers twice a year for a two-day meeting, and at congress during the shareholders’ meeting of Spar International
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NewsMark Given made chief marketing officer of Sainsbury’s Argos
Argos marketing director Garry Kibble to leave the business
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NewsCuts to local authority budgets ‘increasing meat fraud risk’
The Mirror published an article this week claiming one in five meat products in Britain contained animals not stated on the label
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NewsSimplyFresh opens first food hall store in Manchester’s Stretford Mall
The new concept store has a strong focus on plastic reduction, with a wall of 40 refill dispensers
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NewsGroceryAid eyes bigger venue for Barcode Festival after raising £450,000
New venue will have capacity for at least 3,500 people after this year’s sell-out success
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NewsTyrrells to revamp veg crisps as part of revival plan
The autumn will see the supplier ‘using new and exclusive technology to create the biggest and best-quality veg crisp experience’
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NewsSainsbury’s to open ‘world’s first’ low and no alcohol pub
It will serve a range of low and non-alcoholic beers, wines and spirits, as well as a new drink called Celtic Soul, which it claims is “the UK’s first non-alcoholic dark distillate”
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NewsCity snapshot: Reckitt Benckiser agrees $1.4bn US drugs fine
Reckitt Benckiser has agreed to pay a $1.4bn fine to close a US Department of Justice investigation into the sales and marketing of an opioid addiction drug under its former pharma arm. Plus, McBride warns of further sales weakness and all the rest of the latest news from the City.
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NewsMedia Bites 11 July: Heineken, UK economy, M&S
Heineken’s pub chain is to be investigated over concerns it strong-armed landlords who wanted to cut ties with the brewer into continuing to sell its beer.
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NewsMcCain backs $7m plant-based nuggets start-up fundraising
Nuggs, a new plant-based “chicken” nuggets start-up, has officially launched after raising $7m in funding, with potato giant McCain its primary backer.
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NewsHaribo invests in UK expansion as export demand soars
The UK-based sweet manufacturer will increase production at its Castleton facility after demand from the US jumped.
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NewsSheffield Co-op trials glass milk bottles from Our Cow Molly
Around 30 glass bottles of the brand’s ‘super fresh’ milk will be available daily from the Ecclesall Road store
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NewsM&S giving away plastic toy collectables in Little Shop promotion
The promotion is the first version in the UK of a campaign that has proved popular for retailers internationally