Latest Headlines – Page 1101
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NewsMedia Bites 21 Feb: Sainsbury's/Asda media reaction special
Analysts were sceptical that the merger could be re-engineered sufficiently to allow it to be cleared
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NewsCity snapshot: Higher costs weigh on earnings at McBride
Profits at McBride were held back by “significantly higher” input costs after its shares plunged yesterday amid a profits warning
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NewsSainsbury's shares plunge in the wake of CMA Asda deal objections
Sainsbury’s shares have tanked to a lower level than they were trading at before last year’s announcement of the blockbuster merger with Asda due to City fears the Competition & Markets Authority has today killed the deal.
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NewsJuul to expand sales team to break into c-stores
Juul Labs UK will triple its field force by the end of April
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NewsPoundland creates transformation team to reinvent proposition
Mat Ankers, currently finance director of Poundland’s in-store Pep&Co clothing chain, will head up the team in the new post of transformation director
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NewsSainsbury’s facing uphill battle to overturn CMA decision
Mike Coupe accused the CMA of “moving the goalposts” on the deal and disputed the methodology used to claim it would lead to higher prices nationally
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NewsHogs Back Brewery launches beer trio and rebrands Hogstar
The quadruplet have launched primarily into the on-trade, but retail launches will follow
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NewsUnilever’s Lipton claims UK first with cold-brew tea leaves
The five-strong, sugar-free range will take on cold-infuse lineups from Twinings and Tetley
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NewsHeck ramps up exports to pay for Sausage World destination
Australia was the third fastest-growing market for vegetarian and vegan produce in 2018
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NewsWaitrose adds online 'aisle' for certified B Corp products
The trial bands together 20 brands and 50 products for sale on its website
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NewsOn-the-go plastic-free straw ‘first’ picked up by Nestlé
The straw from Swiss packaging supplier SIG is made from paperboard
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NewsGovernment considering 'watered down' version of DRS
Environment secretary Michael Gove said the government was considering two options for DRS
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NewsKroger names more locations for Ocado-powered CFCs
The latest announcement comes less than two weeks after Ocado’s automated warehouse in Andover was destroyed by a fire
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NewsCity Snapshot: Sainsbury's-Asda merger would lead to higher prices, says CMA
Sainsbury’s shares have dived 14% on news that the CMA has “extensive concerns” over its proposed merger with Asda, Arla sees sales recover after turnaround plan and rest of the new from the City
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NewsMedia Bites 20 Feb: Asda, Iceland, Greggs
Asda said same-store sales grew by 1% over the fourth quarter, marking its seventh consecutive period of sales growth
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NewsBlow for Sainsbury’s-Asda merger plans as CMA flags up extensive concerns
The CMA said the deal would lead to a “worse experience” for both in-store and online shoppers nationally
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NewsAsda rues 'uncertainties' as results show slower growth
Growth was slower than in the previous quarter, with CEO Roger Burnley admitting Asda had been hit by “uncertainties”
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NewsThe Grocer appoints Brexit editor
Peter Simpson will join The Grocer to spearhead our Brexit coverage
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NewsMeat exports outside EU may not be accepted in no-deal Brexit, warns NFU
Speaking at today’s NFU conference, Minette Batters warned meat exports set to leave the UK next week may not be accepted at their destination
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NewsB&M Stores to contest Adjudicator governance in court
The discount chain was added to the list of ‘designated’ retailers to be policed by the GCA, along with Ocado, in November