Latest Headlines – Page 464
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NewsNatasha Ednan-Laperouse: foundation announces ‘ground-breaking’ clinical trial for allergy treatment
The three-year study will aim to prove that “everyday foods” containing peanut or milk, taken carefully and under medical supervision, can be used as an alternative to pharmaceuticals
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NewsM&A activity slows as inflationary pressure builds
Soaring inflation is putting increasing pressure on M&A activity in the food and drink industry, a new report warns
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NewsMedia Bites 18 May: Walmart, Britvic, Morrisons
Walmart shares endured their biggest fall in 35 years yesterday after costs and surging inflation in the retailer’s first quarter prompted it to cut full-year earnings guidance
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NewsCity Snapshot: Premier Foods to hike prices higher as Mr Kipling helps group beat profit forecasts
Premier Foods beats profit expectations for the year but warns of more price hikes. Plus, UK inflation hits 40-year high of 9% in April; Virgin Wines strikes strategic partnerships with Great Western Railway and Currys; and Marston’s returns to profit as pub trading returns to normal.
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NewsMorrisons rescue deal for McColl’s priced at £190m
Morrisons has committed a total of £190.1m to rescue convenience chain McColl’s, administrator’s documents have revealed
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NewsMidcounties Co-op invests £1m in crime deterrent measures
The society said the investment would help bring criminals to justice and make its local communities a safer place
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NewsJam n Vegan scores backing from Veg Capital for retail push
The business will use the £200,000 investment to build brand awareness, expand the team around founder Kyle Parchment and open up new channels.
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NewsJiffy to cease rapid grocery delivery to become dedicated software company
Click & collect from dark stores will continue “for the coming week or so”, with deliveries to customers ending even sooner.
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NewsStarship grocery delivery robots hit the pavements of Cambridgeshire
Residents living in Lower and Upper Cambourne order deliveries picked by store staff at the Co-op store in Mosquito Road, Upper Cambourne
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NewsTesco launches ‘healthy zones’ to nudge shoppers away from HFSS foods
Better Baskets signposts foods high in fibre, plant-based options, low & no alcohol, snacks under 100 calories and products that were in reusable packaging
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NewsSomething & Nothing targets US expansion with £1.5m VC backing
Premium seltzer brand Something & Nothing has raised £1.5m in a private investment round to capitalise on growing demand in the US for its range of drinks.
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NewsInnocent deviates from norm with banana-free ‘immunity-boosting’ smoothie
The drink, called Revitalise, will be the only smoothie in the brand’s range not to contain the fruit
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NewsCapreolus launches British charcuterie range into Waitrose
Waitrose will be stocking three of the brand’s Great Taste Award winning products: Dorset Coppa, Dorset Chorizo and Dorset Air-Dried Beef
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NewsPoundshop.com becomes platform for Poundland online expansion as it ‘retires’ Shop.poundland.co.uk
Poundland is moving thousands of products to Poundshop.com, from ambient food to homewares
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NewsFinnebrogue announces plant-based partnership between Better Naked and the Co-op
Among the six listings are four new lines which will be available across all 1,200 stores this week
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NewsAccolade Wines launches new alcohol-free wine brand &Then
The NPD would appeal to mid-millennials, who were ‘looking for stylish and contemporary zero-alcohol alternatives’, said Accolade
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NewsMorrisons trials dual-branded concept store for larger independents
Together with Morrisons is set to debut later this month at Guy Warner’s new 6,000 sq ft store in Upton-upon-Severn in Worcestershire
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NewsCoca-Cola adds attached caps to plastic bottles to prevent littering
The new caps are being manufactured at CCEP’s factory in East Kilbride, Scotland
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NewsMedia Bites 17 May: Greggs, inflation, pig farmers, McDonald’s
Greggs makes the headlines as outgoing CEO Roger Whiteside delivers final trading update, while the Bank of England govenor appears before a select committee to talk about soaring inflation and an “apocalyptic” rise in food prices.
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NewsCity snapshot: Out-of-home rebound boosts Britvic’s sales and profits
Britvic has posted a double digit rise in sales and profits as both in and out-of-home channels grew and immediate consumption bounced back to pre-Covid levels. Plus results from C&C Group and Imperial Brands.