Latest Headlines – Page 331
-
News
Demand for food from social supermarket doubles amid cost of living crisis
Community Shop works with the fmcg industry to redistribute surplus stock that might have otherwise gone to waste
-
News
Potts says vertical model made it harder for Morrisons to keep prices down
A lack of competitiveness on price was a key reason for a 4.2% fall in like-for-like sales in the 52 weeks ending 30 October 2022
-
News
Rowntree’s makes non-HFSS debut with gummies quartet
Berry Hearts, Safari Mix, Gummy Bears and Jelly Snakes are provide 30% less sugar compared with similar sweets
-
News
City snapshot: Bestway Group takes 3.45% stake in Sainsbury’s
Costcutter owner Bestway Group has announced this morning it has taken a 3.45% stake in Sainsbury’s and may buy further shares in the supermarket
-
News
Media Bites 27 January: Morrisons, Asda, Diageo, Fever-Tree
It’s a busy morning for grocery and fmcg news in the papers with coverage of the latest Morrisons results, job cuts at Asda, first -half results at Diageo and a trading update at Fever-Tree.
-
News
Shrinkflation hits Warburtons Soft Pittas
Consumer testing found people favoured paying the same for fewer pittas, rather being charged extra for the original five-pack
-
News
Sainsbury’s to give away 50 million Nectar points in ‘Big Points Bonanza’
The nine-day promotion promotion offers the chance to win one million Nectar points
-
News
Poundland plans biggest store opening spree yet
It’s the latest sign of how a recent business rates revaluation is already boosting retailers’ confidence to open more stores, according to property consultancy Colliers
-
News
Aldi celebrates donating 30 million meals to good causes
More than 4,000 good causes have benefited from Aldi’s partnership with food redistribution platform Neighbourly, according to the discounter
-
News
Parfetts expands team to support retailers and grow sales
The wholesaler has appointed three new regional managers who will oversee a network of 25 regional development advisors
-
News
Crussh creditors were owed more than £11m
Food-to-go and juice bar group Crussh owed creditors more than £11m when it collapsed, according to a new report by administrators. FRP Advisory sold the business in a pre-pack administration deal worth £640k, the document also showed.
-
News
Morrisons sales fall 4.2% but CEO Potts claims fightback is working
Group revenue for the year was up 2.2% from £18bn last year to £18.4bn, and Potts said sales had been on a “steadily improving trend”
-
News
CMA to crack down on food and drink greenwashing claims
The watchdog said it would “examine the accuracy of ‘green’ claims made about household essentials” such as food, toothpaste and laundry detergent
-
News
Waitrose launches plastic-free range of Easter bunnies and cakes
Waitrose is preparing to face its first Easter since the introduction of HFSS rules
-
News
Nyetimber CEO Richard Carter exits after five months
He took over the role from the business’ owner, Eric Heerema, in July 2022
-
News
Environment groups criticise government for emergency pesticide use
Defra approved an emergency temporary authorisation for the use of the neonicotinoid pesticide treatment on this year’s sugar beet crop
-
News
Pensworth Dairy to close after loss of biggest customer
The supplier is claiming it has been ‘forced out of business’ after Freshways bought its biggest customer
-
News
McVitie’s BN moves into cake with two-strong Mini Rolls range
Raspberry and Chocolate BN Mini Rolls come in a pack of five, individually wrapped, 35g bars
-
News
Asda to give loyalty card holders more time to spend vouchers
Asda revealed almost £20m worth of Rewards vouchers were spent in store during December
-
News
Asda slashes night shifts in cost-cutting move affecting thousands
A consultation with staff began this week and Asda stressed the overall level of store hours would be unaffected, though it could not rule out redundancies