Latest Headlines – Page 450
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NewsCity snapshot: Inflation to drive double-digit grocery growth by 2027
The UK grocery market is set for double-digit growth over the next five years, largely driven by inflation.
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NewsMedia Bites 14 June: Petrol prices, Tesco/Lidl, National Food Strategy
The UK competition watchdog will open an investigation into competition in the retail fuel market amid soaring petrol prices.
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NewsDiscounters forecast to be fastest-growing grocery channel over next five years
The UK grocery market as a whole will grow 11.3% to £241.3bn, according to analysis by IGD
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NewsSupreme acquires vaping manufacturer Liberty Flights in deal worth estimated £12m
Liberty Flights was founded in 2010 and specialises in premium e-liquid and vaping devices
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NewsDanone launches £1m campaign for low-fat Light & Free yoghurt
The yoghurt will be the centre of a campaign with a ‘down to earth and playful tone’
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NewsMcCain launches ‘Farm of the Future’ in South Africa to implement regenerative agriculture
The company will grow 125 ha potatoes per year on two South African locations totalling 465 ha irrigation and 90 ha dryland
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NewsMike Brehme to take helm of Typhoo Tea as CEO Des Kingsley departs
Kingsley will depart in October, “to enjoy more time with his family, complete renovations in his Irish home and realise his dream to travel across the States”
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NewsAscona Group calls for 20p per litre cut in fuel duty amid soaring pump prices
Writing a blog yesterday, Ascona Group CEO Darren Briggs said “unprecedented increases” in pump prices were stopping independent forecourt retailers from remaining competitive with the mults
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NewsSysco Speciality Group launches Best of British catering guide, with new range of local produce
The new seasonal range is sourced from over 100 British farmers, dairy producers, bakers and fishers
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NewsHealth groups vent fury over ‘watered down’ National Food Strategy
A raft of organisations said the much-delayed document had proved the government did not have the will to take ‘bold action’ to address the problems of the UK’s food system
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NewsPilgrims Choice gets packaging revamp for greater on-shelf appeal
The move is the brand’s biggest update since it changed the shape of its blocks to an oblong in 2020
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NewsHenry Dimbleby claims industry used cost of living crisis to torpedo National Food Strategy
Speaking to The Grocer after the government published its response to his landmark report, the Leon restaurant founder said the plans amounted to ‘not a strategy’
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NewsUK risks ‘falling behind’ on meat alternatives due to lack of policy, says thinktank
The Social Market Foundation said the government lacks a coherent approach to policies on alternative protein
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NewsSainsbury’s and Tesco respond to cost of production crisis with further milk price increases
The move follows growing farmer unrest that supermarket-aligned milk pools are not keeping up with market averages
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NewsMedia Bites 13 June: Morrisons, Government food strategy, Tesco
The private equity owners of Morrisons are sounding out buyers for a portfolio of its warehouses, fisheries and food manufacturing plants that is expected to fetch more than £600m
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NewsCity Snapshot: Distil sinks to a loss as Covid sales fall away
Premium spirits group Distil has fallen to a loss as revenues returned to more normal levels following a lockdown surge.
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NewsFood & drink reformulation and drive to cut sugar boosts Tate & Lyle
The sweetener and sucralose supplier posted double-digit sales and profit growth from continuing operations after shedding its US industrial starches business last year
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NewsNielsenIQ snaps up data consultancy CGA to bring together on and off-trade insight
Based in Chicago in the US and Manchester in the UK, CGA specialises in the out-of-home food and drinks market, working with some the world’s biggest consumer brands, including drinks manufacturers, suppliers and wholesalers, as well as pubs, bars and restaurants.
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NewsPurity Brewing Co moves beyond beer to launch kombucha range
It has created four flavours – Original, Ginger & Lime, Cranberry and Grapefruit – which the brand said would “demonstrate the versatility of authentically brewed kombucha”
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NewsGenius to target gut health after takeover
Genius has sought to reposition itself in the functional bread market in a bid to restart growth, tapping into growing consumer interest in gut health.