Latest Headlines – Page 234
-
News
City snapshot: Heineken cuts profit expectations as drinkers balk at higher prices
Heineken has lowered profit forecasts for the year after a weaker-than-expected first-half performance as higher prices put off drinkers.
-
News
City News: Unilever beats expectations but falling market share concerns City
Unilever shares were buoyed increasing margins and sales that beat expectations in the first half, but concerns were raised over its falling market share as pricing hampered volumes
-
News
Warburtons profits hit by soaring input costs
Soaring input costs have slashed profits at baker Warburtons, though it has continued to grow sales in a “very competitive” market
-
News
Christmas food under threat due to new Brexit rules
The government’s new trade strategy, the Border Target Operating Model, will bring a new round of controls on goods from the EU from 31 October 2023
-
News
Mandatory food waste reporting regulation scrapped
Defra quietly released documents today revealing it was canning the proposals, first promised by Michael Gove in 2018
-
News
Southern Co-op hires Richard Scrimgeour as franchise operations manager
Most recently, Scrimgeour held the role as head of central operations at wholesale giant Bestway for five months
-
News
Lactalis launches Seriously Cheese Burgers
The latest NPD from the brand launched into Waitrose on 27 July and Tesco later this year
-
News
Losses narrow at Harvey Nichols as footfall recovers
CEO Manju Malhotra has previously urged prime minster Rishi Sunak to reconsider his plan to drop VAT-free shopping for tourists
-
News
Food and drink companies ‘failing’ to tackle labour abuse risks
Fmcg businesses are failing to identify and prevent forced labour risks in their supply chains, human rights campaigners say
-
News
CBD brands put on hold as product approvals delayed
The FSA will be unable to recommend authorisations until next year, claimed a source
-
News
Sainsbury’s Grocer 33 scores reveal dramatic improvement in service
For the fourth week in a row, Sainsbury’s has claimed the top spot, making it the only winner so far in the Grocer 33 year
-
News
Pärla claims first for plastic-free mouthwash with probiotics
The on-the-go innovation comprises mint-flavoured tablets in a glass jar with an aluminium lid
-
News
City snapshot: Unilever hires Compass Group’s Ian Meakins as chair
Unilever has announced the appointment of Ian Meakins as chair designate to replace outgoing chair Nils Andersen
-
News
Media Bites 28 July: Nestlé, Ocado, Oatly
Nestlé has said price rises will start to ease in the second half of the year, as the KitKat maker raised its sales outlook on better than expected performance in the six months to the end of June.
-
News
UK loses 6,000 retail outlets in five years
It comes as the store vacancy rate continued to climb this year, with rising rents and increased competition putting pressure on small and independent businesses
-
News
Sugar tax calls revived as MPs look to tackle obesity crisis
Ministers rejected calls in Dimbleby’s 2021 report for a swathe of new taxes on junk food because of the likely impact on food prices
-
News
Tennent’s taps Scottish heritage in ‘seven-figure’ campaign and rebrand
The new Tennent’s brand platform features an evolved visual identity and is underpinned by a TV spot, on and off-trade promotions and a billboard campaign
-
News
Plant & Bean owed creditors £6m at time of administration
Failed meat alternative manufacturer Plant & Bean ran up losses of at least £7m in just two years of trading and owed creditors more than £6m when it collapsed earlier this year, new documents have revealed.
-
News
Oatly shares collapse as plant-based brand drastically cuts growth forecasts
Oatly shares have crashed once again as the embattled plant-based group drastically cut its sales outlook for the year
-
News
Aspartame sweetener in almost half the fizzy drinks sold in UK
The percentage of fizzy drinks to contain the sweetener has jumped up from 45% this time last year