Latest Headlines – Page 319
-
News
Havabier, Bemuse and Jump Ship turn to crowd to scale no & low brands
Three start-ups in the burgeoning no & low alcohol category have successfully raised almost £1m combined from the crowd
-
News
City snapshot: Retail sales volumes bounce back in January
Retail sales volumes unexpectedly bounced back into growth in January as sales and promotions boosted shopper activity. Plus Costa Coffee names new CEO
-
News
Media Bites 17 February: Nestlé, Aldi, Devro, SSP Group
The papers pick up the latest annual results from the world’s biggest food group, Nestlé.
-
News
7up unveils first major brand refresh in seven years
The ‘vibrant’ new look will roll out next month, supported by a multichannel campaign
-
News
IFF agrees $220m sale of UK-based Flavour Specialty Ingredients to Exponent
IFF has agreed to offload its UK-based Flavour Specialty Ingredients (FSI) division to private equity firm Exponent in a $220m deal.
-
News
Pig producers call for ‘lasting reform’ after £750m loss from backlog crisis
The National Pig Association is calling for structural changes to the sector in order to better share risk in the supply chain
-
News
Big energy accused of exploitation over ‘secret broker commissions’
Businesses claim they were not told of commissions paid to brokers by energy firms
-
News
Importers spark row with Defra over strawberry quota
It follows a story in The Grocer last week which revealed Egyptian imports would soon be hit with a 10% tariff due to an insufficient quota
-
News
Growers fear more labour shortages as recruiter is axed
Kent-based AG Recruitment, had its licence revoked by the Home Office last week in the wake of controversy over the alleged treatment of migrant workers.
-
News
Devro receives revised £562m offer from Saria as Unite plots strike in pay dispute
The revised price will see shareholders receive 320p a share in cash, up from 316.1p, in addition to a second 10p interim dividend.
-
News
Heineken says Russia exit will take longer than expected
The Dutch brewer promised to withdraw from the Russian market following its invasion of neighbouring Ukraine nearly a year ago
-
News
Aldi creating 6,000 jobs this year as expansion continues
It comes a week after The Grocer revealed Lidl had dramatically scaled back its opening plans for the year ahead
-
News
TikTok smash cereal brand Crispy Fantasy to launch DTC operation
Crispy Fantasy ran a campaign with Zapp last year during which 2,000 free samples were added to the quick commerce player’s orders
-
News
JJ Foodservice set to double the number of schools it works with by 2026
JJ said it planned to attract schools with its fully digitalised ordering systems and strong focus on sustainable produce and social value
-
News
Asda taps Publicis Sapient for post-Walmart e-commerce platform
The platform will be delivered by April 2024, as part of a “hugely ambitious” programme, Publicis Sapient said
-
News
Nutritional drinks brand Exalt partners with Tottenham Hotspur
Exalt makes around half of its sales through its own website, with 30% of that revenue coming via customer subscriptions
-
News
City snapshot: Nestlé targets margin improvement after cost inflation dents profitability
Nestlé has targeted margin improvement in 2023 despite ongoing cost inflation after soaring input costs dented profitability in 2022. Plus updates from CCEP, Pernod Ricard, Kerry Group and SSP Group
-
News
UK cultivated meat investments jump fivefold in 2022
Analysis of PitchBook data found UK cultivated meat companies enjoyed £61m of new funding in 2022
-
News
Media Bites 16 February: Morrisons, Wilko, Mowi, Heineken, Kraft Heinz
The papers pick up a credit ratings downgrade for Morrisons, alongside job cuts at Wilko, controversy over Norwegian salmon tax and results for Heineken and Kraft Heinz
-
News
Morrisons’ credit rating slashed amid concerns over leverage
Morrisons’ credit rating has been downgraded in response to disappointing sales and profits at the private equity-owned supermarket