Latest Headlines – Page 446
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NewsCity snapshot: Tesco sales fall back amid “unprecedented” cost of living increases
Tesco’s core retail sales fell back in its first quarter as CEO Ken Murphy warned of the impact of “unprecedented increases in the cost of living”.
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NewsMedia Bites 17 June: Interest rates, THG, Revlon
The main news in the papers is the latest rise of interest rates by the Bank of England and the subsequent crash in global markets.
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NewsOatly expands lineup with launch of mini and chilled Barista formats
The two products are part of the brand’s goal of introducing more people to the category by making it ’easier and more convenient’
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NewsUK-Australia trade deal: MPs accuse government of dodging scrutiny
UK should show leadership on animal welfare and environment, Efra committee says
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NewsCivil service job cuts threaten food safety, FSA warns
Boris Johnson plans to slash the number of civil servants by 91,000 by 2025
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NewsBrewDog opens £12m bio-energy plant at Ellon base
The brewer claimed the anaerobic digester would power the production of 176 million pints annually at its Ellon headquarters
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NewsSambazon adds frozen ready-to-eat açai bowls in fully recyclable packaging
The bowls – which launched in the US last year – were ‘extremely popular with those seeking healthy options on the go’, Sambazon claimed
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NewsVita Coco reformulates Choc-o-lot drink to add ‘fibre benefits’
The reformulation – intended to ‘help consumers feel fuller for longer as well as aid digestion’ – comes less than a year after the product’s initial launch
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NewsEU-UK goods and food trade reviving after post-Brexit slump, official numbers show
But recovery could be scuppered by Northern Ireland Protocol trade war
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NewsPlanet Organic grows Deliveroo range as it eyes online expansion
The specialist retailer has added more health and wellness lines to its range on the Deliveroo app and plans to offer the service from more stores
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NewsSainsbury’s ramps up value campaign with more Aldi Price Match cuts
The supermarket has added its 20 highest volume lines to its Aldi Price Match campaign
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NewsUK pig herd shrinks as farmers battle crises
The industry has faced soaring costs and a backlog of pigs, but is now warning supply will tighten
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NewsThe Magic Bean Co to create 4,000 jobs under major expansion drive
Starbucks franchise group The Magic Bean Co has outlined ambitious expansion plans to open hundreds of new stores and create 4,000 jobs after securing a £10m bank support package.
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NewsThis reformulates ‘chicken’ pieces to create ‘meatiest product yet’
The meat alternative brand has partnered with seasoning supplier Schwartz to promote the launch and provide ‘recipe inspiration’ to shoppers
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NewsChallenger brand discovery platform Product Guru to launch physical concept store
The store, called Pop, will showcase challenger brands from several retail categories, with food and drink the focus for six days in September
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NewsCawston Press launches £500k campaign and 750ml sparkling drinks duo
The campaign – which includes above the line media, out of home, PR, sampling, promotions and social media activity – represents the brand’s biggest investment to date
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NewsHops growers call for price renegotiations as costs soar
Hop growers are facing increases of over 15% in wage costs and approaching 100% in fuel costs, The British Hop Association warned this week
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NewsCity Snapshot: Belerion ends £2bn THG pursuit
Belerion Capital has announced it has ended its £2bn pursuit of THG, with the online retail giant confirming it has rejected all recent approaches from potential suitors.
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NewsMedia Bites 16 June: WH Smith, THG, Sainsbury’s, food inflation, Unilever, Boots
The papers cover the latest trading update from WH Smith, alongside news of more food price rises to come and Sainsbury’s upping the price war against Aldi and Lidl.
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NewsAscona Group misses expansion target by almost 60 stores
The Grocer has learned its estate has grown by six stores over the past year, to 62 overall