Latest Headlines – Page 460
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NewsCity Snapshot: M&S profits to shrink as inflation squeezes spending power of households
Marks & Spencer has warned its profits will take a hit this year as the squeeze on household finances gets tighter. Plus, Ocado Retail sales fall as shoppers cut down on spending; annual results from Pets at Home; and Bakkavor worries about volumes as more price hikes loom.
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NewsNon-alcoholic drinks trade organisation ANBA expands into UK and Europe
Short for the Adult Non-alcoholic Beverage Association, a first chapter of the organisation already operates in North America.
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NewsMedia Bites 25 May: Unilever, inflation, Cranswick, SSP Group, Kendamil
The boss of Unilever has defended the consumer goods giant’s focus on sustainability and the environment. Plus, the papers pick up the latest Kantar grocery data, annual results from Cranswick and more.
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NewsNew eco-label to get supermarket trials in ‘big step forward’ for transparency
Co-op, Morrisons, Sainsbury’s and Tesco will pilot the new label over the summer, with plans for a wider industry rollout as early as next year
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NewsIceland signs deal to sell frozen food in China
Iceland has sold ambient food in China via JD.com since 2018 and will now add frozen ranges to the offering
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NewsEG Group profits climb as sales soar 25%
Profits have leapt higher at forecourt giant EG Group as a growing foodservice business and soaring prices at the pumps help fuel a 25% jump in first-quarter revenues.
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NewsGreencore battles latest wave of inflation as recovery in food-to-go gathers momentum
Sandwich maker Greencore is battling to claw back soaring costs as input inflation accelerated into double digits while a recovery in its food-to-go markets gathered pace.
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NewsSSP shares soar as Upper Crust owner shows signs of recovery
Shares at SSP Group soared higher today as the markets welcomed hopes of a sustained recovery at the food-to-go group following the pandemic
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NewsDel Monte announces partnership with UK men’s tennis number one Cameron Norrie
Norrie will participate in a series of promotional activities including national consumer media interviews and a social media campaign
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NewsBirds Eye partners with Asda to launch £20k ‘Pay Your Bills’ campaign
The campaign will run until 14 June and highlight the benefits of frozen food as a healthy and more affordable option than fresh without compromising on quality
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NewsThe Famous Grouse continues premium push with new Sherry Cask Finish
The NPD, which was the result of over two years’ development, contains Speyside malts and was matured in Spanish sherry casks
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NewsRapid grocer Nippy’s new dark stores to double as walk-in shops
Nippy which launched in July last year – has two sites, in Kingston and Milton Keynes, with a third due to open next month in Wimbledon
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NewsCranswick sales top £2bn as it slams ‘muted’ government response to pig crisis
The pig and poultry giant saw revenues rise by 5.8% in the 12 months to 26 March
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NewsNew trademark reveals Lidl is still working on ‘Lidl Go’ concept
The plans may now be more modest than the scan-as-you-shop trials the discounter inadvertently leaked news of last year
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NewsBerry Gardens launches new snack pots berries with new brand The Berry Collective
The berry pots are the newest addition to the supplier’s brand The Berry Collective, which previously focused only on wholesale
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NewsEnvironmental labelling startup Foodsteps secures $4.1m funding injection
Foodsteps founder Anya Doherty said the funding boost would help the company attract new talent
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NewsHeinz takes Beanz into dips with Beanz Houmouz launch
The launch marks the latest in a series of expansions into new categories for the ubiquitous brand
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NewsRapid grocer Gorillas to shed 300 staff and pull out of four markets
The company said it will now focus on five key markets: Germany, France, UK, the Netherlands and the US
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NewsEarth & Wheat expands into ‘wonky’ vegetable boxes to fight food waste
The business, founded by James Eid in 2021, is hoping to rival the likes of Oddbox
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NewsBeavertown Brewery launches monthly DTC subscription service
The 24-can monthly subscription was the ‘perfect gift for the beer lover in your life’, said Beavertown