Latest Headlines – Page 426
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NewsCity News: Ocado’s whopping £211m loss leaves City sceptics feeling justified
Ocado has never been best known for making a profit, but plunging to a £211m loss in the first half went some way to justifying investor scepticism so far this year
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NewsUber Eats unveils new app features for grocery shopping
The “refreshed grocery delivery service” offers new app features for consumers and retailers
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NewsCo-op to cut 400 jobs amid rising cost pressures
It said there will be ‘no changes’ to customer-facing roles in its food stores and funeral homes
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NewsFilippo Berio unveils vegan pesto duo using tofu
The news makes Filippo Berio the latest in a series of suppliers to roll out plant-based NPD this month
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NewsDefra kicks off pig supply chain review
The consultation follows a challenging 18 months for the sector, which has faced oversupply, a shortage of butchers and soaring feed costs
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News2 Sisters hit by labour crisis and cost hikes
Losses almost tripled at UK chicken giant 2 Sisters last year as rising commodities costs and labour shortages hit its bottom line
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NewsFood suppliers told government cannot provide ‘whole solution’ to gas and fertiliser problems
As concerns grow about impact of gas rationing, Defra says measures already in place “will help”
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NewsCity Snapshot: UK retail sales fall as shop price inflation nears 10%
UK retail sales fell back again in June, falling 0.1% month-on-month as consumers bought fewer items at higher prices, according to the Office of National Statistics
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NewsMedia Bites 22 July: Ocado, M&S, GoPuff, Britvic, Amazon
The papers give plenty of coverage to the latest Ocado results and the surprise exit at M&S of CFO Eoin Tonge.
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NewsMackie’s at Taypack to go it alone as Taylor family take control of joint venture
Scottish food group Mackie’s has sold its holdings in the company’s premium crisp brand to its joint venture partner to focus exclusively on ice cream and chocolate.
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NewsConfusion over lack of Covid guidelines as cases rise
Businesses reported absence levels were still “nowhere near” the 2020 peak, when some firms saw over 20% of staff off work
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NewsNisa consults on redundancies in a bid to lower business costs
The move follows a series of management changes at the Co-op-owned buying group
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NewsRevive Eco smashes crowdfunding target to scale up palm oil alternative
A biotech start-up creating palm oil alternatives from used coffee grounds for the food & drink and cosmetics industries has smashed its crowdfunding target, bringing in more than double its £150k goal.
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NewsMarks & Spencer CFO Eoin Tonge to become ABF finance director
He will succeed John Bason, who will be retiring as ABF’s finance director after more than 20 years at the company
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NewsFilshill tells customers to expect delivery delays due to heatwave
Filshill said its teams were working hard to clear any backlog as soon as possible, despite suppliers also experiencing problems
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NewsMajor supermarkets back UK government’s cost of living campaign
Some deals are a continuation of existing campaigns by retailers, which the government wants to promote under the Help for Households campaign
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NewsDiet Coke unveils limited-edition Kate Moss packs
Multipack cans will feature denim, leopard, lace and camouflage designs, which reflect the supermodel’s ‘favourite fashion moments over the past four decades’
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NewsM&S buys its logistics provider Gist to accelerate supply chain transformation
M&S had launched Project Vangarde, a supply chain optimisation programme, in 2020 in order to increase efficiency across its expanding Food business
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NewsShoppers with allergies face ‘discriminatory’ inflation as free-from food prices soar
Assosia data reveals 267 free-from food and drink products have increased in price across the big four supermarkets over the past 12 weeks
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NewsCheeky Panda appoints Simon Duffy as non-executive director
Duffy is currently involved in the UK startup scene as an investor, advisor and mentor across a number of new and emerging brands