Latest Headlines – Page 418
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NewsLittle Moons taps blonde chocolate trend with latest mochi ice cream
The NPD combines caramelised white chocolate with a golden white chocolate gelato and caramelised white chocolate pieces
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NewsMedia Bites: Retail sustainability, Amazon, Pets at Home
Household names from Tesco to Ocado are failing to give enough information about how they will survive in a ‘greener’ economy, according to data
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NewsCity Snapshot: WH Smith de-risks pension fund
WH Smith has announced a move to safeguard its pension fund from future risks with the purchase of a bulk annuity insurance policy.
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NewsCity News: Greggs reassures market after it raises prices
The threat of soaring inflation and its effects on consumer spending have weighed on Greggs shares all year, but the chain reassured the market this week that price hikes were not putting customers off their sausage rolls
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NewsHovis profits drop as rising costs hit margins
Wrapped bakery stalwart Hovis experienced a sharp drop in profitability last year as soaring costs hit margins despite maintaining its Covid sales gains
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NewsCCEP signposts further price rises but stresses focus on affordability
Great Britain Coke bottler Coca-Cola Europacific Partners has indicated it will push through further price rises to mitigate soaring inflation, but insisted it remains focussed on ensuring its products remain affordable
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NewsMocktail brand Savyll secures £500k and lands Ocado listing
The London startup received the six-figure backing from angel investors
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NewsForest Feast claims category first with Peanut Butter & Milk Chocolate Dates
The innovation was developed after similar recipes proved popular on Instagram and TikTok
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NewsDefra appoints former G’s Fresh boss to examine food industry’s labour crisis
It will consider the challenges facing food and farming businesses to recruit and retain labour and provide recommendations
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NewsKellogg’s raises full-year forecasts on better-than-expected first-half performance
Kellogg’s has lifted its full-year sales and profits outlook as strong growth of its global snack brands and a faster-than-expected recovery in cereals combined with higher prices in the first half to deliver a better-than-expected performance.
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NewsBeyond Meat to axe 4% of global workforce as losses balloon and sales forecasts are cut back
Beyond Meat has lowered its sales expectations for the year, posted a wider than expected loss for the second quarter and revealed plans to cut 4% of its global workforce
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NewsGlebe Farm adds three Coca-Cola veterans to senior leadership team
John McGowan and Tony Holmes have joined the sales division, while Malcolm Plows has been made a non-exec director
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NewsNon-HFSS doughnut brand Urban Legend makes supermarket debut
The listing will see the health-focused startup in Tesco stores across London
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NewsAsda lands new on-demand grocery delivery deal with Deliveroo
The service will be offered alongside Uber Eats Asda grocery delivery, with both available from some stores
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NewsBen’s Original launches scholarship scheme for black hospitality workers
It will offer 15 funded places on selected courses offered by Leiths School of Food & Wine, London
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NewsQuaker adds non-HFSS Heavenly Oats porridge pot lineup
Caramel Fudge and Chocolate Orange are aimed ‘at slightly younger buyers looking for healthier breakfast choices’
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NewsWype lines up seed funding round to scale wet wipe alternative brand
Sustainable personal care challenger Wype has secured pre-seed financing ahead of a bigger round later this year to help bring its wet-wipe-in-a-bottle innovation to supermarket shelves.
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NewsCity snapshot: Pets at Home posts solid third quarter growth
Pets at Home has posted a like for like sales uplift of 6% in its third quarter on strong store and online retail growth. Plus UK footfall drops on hot weather, new CEO at Carr’s Group and all the rest of the latest news from the City
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NewsMedia Bites 5 August: Bank of England, Diageo, Amazon, Next
The papers go big on the latest interest rates decision by the Bank of England and the sober warnings of a protracted recession to come.
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NewsAsahi signs biggest ever marketing deal with Man City owner
City Football Group owns the Manchester City, Melbourne City, Yokohama F Marinos and Sichuan Jiuniu teams