Latest Headlines – Page 420
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NewsCity Snapshot: Just Eat Takeaway falls €3.5bn into the red but confident of path towards profitability
Just Eat Takeaway has sunk to a €3.5bn loss in the first half after writing down the value of its embattled Grubhub service in the US, but the food delivery firm said it was making “significant progress” towards profitability.
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NewsNoble Foods appoints owner Sarah Dean as new chair
The Happy Egg Co owner would continue to focus on eggs, while also leveraging opportunities in farming, milling and added value, Dean said
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NewsOne Stop partners with FareShare again to feed vulnerable families this summer
One Stop is donating 2p to FareShare from every individual and multipack of fresh fruit & vegetables sold
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NewsOatly shares sour as plant-based group slashes growth expectations
Oatly shares have slumped to a new low as losses widened further and the oat milk giant downgraded sales expectations
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NewsFormer Tesco boss Matt Davies to become Greggs chairman
Davies has already joined the board as an independent non-executive director and will take over from current chair Ian Durant on 1 November
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NewsBoots marks Advantage Card scheme’s 25th birthday with extra rewards for two months
The health and beauty retailer will be revealing new ‘birthday offers’ each week across beauty, baby and healthcare
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NewsRiverford Organic Farmers expands wholesale arm following 25% year-on-year growth
The company said demand for wholesale had increased by 25% year on year, with demand from farm shops, cafés and retail up 37% and restaurants 43%
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NewsAldi ends packaging-free trial at store in Cumbria
The trial launched in April last year, with the introduction of a bank of dispensers containing pasta and rice to an Aldi store in Ulverston, Cumbria
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NewsRaft of Fairy, Daz, Bold and Lenor laundry products shrink in the mults
It comes after owner P&G warned last month of another year of ‘significant’ headwinds, after it raised prices last year to mitigate soaring input costs
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NewsTesco, Sainsbury’s and Waitrose partner for $11m zero deforestation soy initiative
The supermarket-backed Responsible Commodities Facility will provide finance to 36 farms in the Cerrado, Brazil
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NewsCo-op and Deliveroo extend partnership for three years and add 110 new stores
It means a total of 1,400 stores will be offering the service to shoppers with a choice of 2,300 products
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NewsJJ Foodservice partners with Italian family business to produce premium coffee offering
The company said the beans had been carefully selected from the best coffee-producing countries in South America
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NewsCity Snapshot: Greggs reports surging sales but profits fall flat amid rising costs
Greggs has reported a 27.1% jump in first half sales, but profits remained stagnant due to the reintroduction of business rates, VAT and mounting costs. Plus, trading updates from AG Barr, Domino’s Pizza Group and Devro.
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NewsMedia Bites 2 August: Ukraine grain, Heineken, Cranswick
A grain shipment leaving the port of Odesa for the first time in months makes headlines this morning, as does the latest Heineken results and the rising cost of pork.
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NewsHenderson’s Relish unveils HFSS-compliant Hendo’s crisps
Hendo’s crisps are vegan and gluten-free, with each pack providing 99kcals and 0.3g of satfat
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NewsJoseph Heler snaps up Welsh cheese business Futura Foods Wales
The site would continue to conduct business as usual, said Joseph Heler
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NewsLab grown palm oil alternative step closer as Clean Food Group secures seed financing
It is hoped the lab-grown, cellular-based alternative could help reduce the detrimental environmental impact of palm oil production
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NewsParfetts confirms new depot for central Birmingham
It will be the eighth facility in Parfetts’ estate, joining the Aintree, Anfield, Halifax, Middlesbrough, Sheffield, Somercotes and Stockport depots
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NewsLondon cheesemonger Paxton & Whitfield launches in Ocado
An exclusive range of six cheeses from the London cheesemonger has been made available at Ocado
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NewsAsda CMO Derek Lawlor moves to Poundstretcher as CEO
Lawlor is succeeding Aziz Tayub, who is moving to the role of chairman at Poundstretcher with immediate effect