Latest Headlines – Page 1034
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NewsYo Sushi acquires US rival Snowfox to ramp up retail efforts
The UK Sushi company merged with Snowfox to fuel its push into retail sales.
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NewsAmazon announces plan to add 2,000 jobs to UK workforce
New roles will be created across the UK for engineers, software developers, data scientists and cloud and machine learning…
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NewsTreasury Wine Estates brings Squealing Pig brand to UK
Like TWE’s 19 Crimes brand, Squealing Pig bottles are equipped with augmented reality labels
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NewsCity snapshot: Sainsbury’s first quarter sales slide amid non-food slump
Sainsbury’s like-for-like sales fell by a further 1.6% in the 16 weeks to 29 June to put further pressure on CEO Mike Coupe after its failed merger with Asda. Plus, PureCircle issues profits warning, shop prices drop but food inflation holds steady and all the rest of the latest news from the City.
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NewsMedia Bites: Tesco/Brexit, Majestic Wine, Sin taxes
Tesco chief executive Dave Lewis has told the BBC that planning for the new Brexit deadline of the end of October will be more difficult because the supply network will be full of Christmas stock.
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NewsSupermarkets making slow progress on human rights, reports Oxfam
For the second year, the charity ranked Tesco, Sainsbury’s, Asda, Morrisons, Aldi and Lidl for human rights in the supply …
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NewsNestlé claims world first with paper flow-wrap packaging
The eco-wrapper will roll out from this month across Yes, the healthier snack bar brand that made its debut last September
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NewsMüller announces closure of Foston dairy as part of UK cost-cutting plan
Project Darwin aims to save the business £100m over the next two years
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NewsTesco suspends farm over chicken welfare standards
Undercover footage showed ‘shocking’ abuse of chickens at two farms in Suffolk
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NewsBrewDog looks abroad despite first profit setback
The craft brewer is targeting further expansion despite posting its first annual loss in 2018
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NewsSainsbury’s trials WH Smith drinks supply in wholesale move
About 50 products will be available for customers to purchase from WH Smith at Victoria railway station
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NewsPepsiCo drops Quaker Oats drinks as sales disappoint
The two-strong range was launched in July 2018 to challenge Weetabix
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NewsScottish craft beer brand Drygate given major makeover
It has unveiled a new “unified” identity, featuring geometric designs and “bright, flat colours which celebrate the scientific, precise, and human side of brewing”
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NewsSpar offers retailers 15% off own-brand product range
The Love It and List It campaign is designed to incentivise and reward loyal retailers
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NewsSwedish brand My Foodie makes UK debut with potato-based smoothies
The free-from chilled drinks are a mix of potato and rapeseed oil with apple juice and berries
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NewsCity snapshot: CapVest finally agrees deal to buy Young’s Seafood
Private equity investor CapVest has finally won the long running bidding process for seafood specialist Young’s and will place it in an enlarged Karro Food Group. Plus, Morrisons restates first-half and full-year restated 2018/19 results on a IFRS 16 basis and all the rest of the latest news from the City.
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NewsMedia Bites 2 July: Pret A Manger, Sainsbury’s, Thorntons
Pret A Manger chief executive Clive Schlee will step down in September to be replaced by Pano Christou, chief operating officer
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NewsAs Nature Intended back in the black as it plots future expansion
Health and organic food retailer As Nature Intended swung to a pre-tax profit in 2018 despite having to shut down one of its main London shops in a refurbishing programme.
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NewsCapVest-owned Karro acquires Young’s Seafood
Karro Food Group, the pork processor owner by private equity investor CapVest, has agreed terms to buy UK seafood business Young’s.
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NewsAldi to trial removing plastic packaging from toilet roll
The discounter will sell four-packs of Luxury Toilet Tissue packaged in paper in a trial across 174 stores