Latest Headlines – Page 422
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NewsMore than half of ‘flagship’ products HFSS, claims survey
The claims by Action on Sugar/Salt and ShareAction come ahead of October’s start of the clampdown on HFSS promotions
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NewsCity Snapshot: Food and drink reformulation drives Kerry Group sales surge
Kerry Group has posted double-digit first half growth on higher sales volumes and prices as demand for ingredients to drive food and drink reformulation drove increased sales
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NewsMedia Bites 29 July: Diageo, Nestlé, Amazon
Results from Diageo, Nestlé and Amazon make headlines this morning.
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NewsFWD urges incoming PM to tackle inflation and support food distributors
In a letter to Rishi Sunak and Liz Truss, the FWD said its members had been disproportionately affected by the pandemic, labour shortages and the Ukraine war
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NewsYorkshire Tea growth pushes Bettys & Taylors sales past £250m but rising costs hit profits
Elevated demand for Yorkshire Tea and Taylors of Harrogate has pushed revenues at owner Bettys & Taylors Group above a quarter of a billion pounds for the first time, but rising costs dented profits.
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NewsUK cherry growers fear price undercut despite bumper crop
Bumper UK cherry crop may go to waste as earlier harvest in Europe undercuts UK supply
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NewsPersil to launch ‘breakthrough’ laundry capsule for cold washes
The NPD features a re-engineered membrane that is fully biodegradable and designed to leave no residue on laundry
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NewsRed Tractor to pilot ‘+ environment’ eco-label scheme
Under the trials, Red Tractor will work with a group of retailers and farmers to create a new scheme to assess Scope 3 emissions on British farms
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NewsAHDB forecasts even tougher times ahead for livestock farmers
Producers will continue to feel the effects of rising energy and input costs
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NewsTea getting steeper as big brands see price increases across the mults
The price of Twinings, Pukka and Tetley teas is creeping up
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NewsInquiry to expose ‘shambolic’ handling of food sector during pandemic
The first stage of Hallett’s inquiry will focus on how well prepared the government was for the crisis
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NewsTesco winds up Loop reusable packaging trial
The supermarket launched its Loop trial in 10 stores in September last year
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NewsJames Calder steps down as SIBA chief executive
SIBA’s senior management team will manage the organisation until Calder’s successor is appointed
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NewsCity snapshot: Nestlé upgrades sales on pricing and volume growth but margins slip back
Nestlé has upgraded its full year growth expectations as first half sales rose on pricing and volume growth. Plus results from Diageo, AB InBev and Virgin Wines, while Hotel Chocolat’s Japanese JV restructures and Ocado’s COO takes new role.
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NewsWaitrose rolls out HFSS signage to advise shoppers
The new signs advise shoppers to reach out to store colleagues for help if they’re having difficulty locating their “favourite” products
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NewsWhole Foods Market loss widens on Covid and supply chain challenges
The Amazon-owned company, saw gross profit in the year ended 31 December 2021 fall to £35m from £38.2m
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NewsMedia Bites 28 July: Reckitt Benckiser, Kraft Heinz, McDonald’s, Haleon
The papers report on the latest big consumer groups hiking prices to manage inflation.
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NewsScottish Wholesale Association appoints Ylva Haglund as head of sustainability & engagement
She joins SWA after most recently holding the position of campaigns manager at Zero Waste Scotland
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NewsKraft Heinz pushes through price increases to manage inflation
The US group pushed up prices more than 12 percentage points in its second quarter, which helped sales beat Wall Street expectations.
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NewsVimto maker Nichols with ‘encouraging’ growth despite inflationary pressures
The boss of Nichols has hailed the drinks group’s first-half performance in the face of challenging inflationary headwinds, with Vimto making further market share gains and the out-of-home channel moving back above pre-Covid levels for the first time.