Latest Headlines – Page 475
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NewsKellogg’s takes government to court over HFSS promotions ban
Kellogg’s claims the nutrient profiling model (NPM) used to calculate the nutritional value of cereals was not fit for purpose
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NewsUK ditches tariffs on imports of Ukrainian food
Barley and poultry among goods covered as World Bank warns crisis could last “for years”
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NewsCity snapshot: WH Smith sales soar on global travel recovery
WH Smith has seen a strong rebound and revenues and moved back into profit as travel retail sales rebounded amid the relaxation of Covid restrictions. Plus updates from Coca-Cola Europacific Partners, Gousto and Nichols.
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NewsMedia Bites 27 April: Reckitt Benckiser, Boots, Lidl
Reckitt Benckiser has begun a sale process for its baby formula business that could fetch $7bn to $10bn
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NewsHealth groups step up calls for mandatory salt targets
250 medical experts have written to Boris Johnson urging the government to bring in mandatory salt reduction target
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NewsFood poverty crisis warning as food banks face surge in demand
The Trussell Trust.provided more than 2.1 million parcels to people facing food poverty between 1 April 2021 and 31 March this year
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NewsCapVest to build new global snacking player with Second Nature Brands acquisition
Private equity player CapVest has acquired US-based better-for-you snacks player Second Nature Brands as it seeks to establish a new platform for alternative snacking.
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NewsPoundstretcher responds to claims it raised prices before launching ‘50% off’ sales
More than 20 shoppers have taken to Trustpilot since 15 March complaining of price rises alongside the 50%-off promotion
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NewsShareholders pile pressure on food giants for transparent health reporting
Unilever became the first major manufacturer to bow to the ShareAction campaign last month
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NewsSupermarket TV ads drive online sign-ups more than physical footfall, analysis finds
A breakdown of Asda new web customers found 55% had been converted from shopping in store at Tesco
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NewsWaitrose rolls out parking payment app Flowbird to 14 stores
Waitrose customers can redeem their parking fee when their shopping exceeds the in-store spend
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NewsIndonesia dials back ‘shock’ palm oil exports ban
Jakarta said the latest curbs, which kick in this week, would not include crude palm oil
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NewsRapid grocer Jiffy price-matching Tesco.com on 150 products
Price-matched items will be branded and sit across all categories. Matching will be done weekly
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NewsHolland & Barrett appoints April Preston as new global product director
Preston, who has over 30 years of experience in retail, will be responsible for leading H&B’s product and services strategy
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NewsLidl offers finder’s fee to anyone who identifies a suitable site for a new store
It would mean a £22,500 fee for finding a location that leads to a £1.5m freehold purchase
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NewsInspired Pet Nutrition invests £6m into Kinmel site to ‘triple wet dogfood capacity’
The first stage of the investment will see a second processing and filling line installed at the North Wales site later this year
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NewsFresh fruit tea brand Tea Rex targets mults after major revamp
The brand, which debuted in 2018, now sells its tea in sustainable tubes
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NewsDefra to lift mandatory housing measures for poultry as bird flu threat decreases
However, producers have warned they remain in a ‘bleak’ position due to low returns and soaring costs
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NewsFarm Shop & Deli Retailer Awards 2022 winners revealed
The prizes focused on sustainability efforts made by specialist food and drink retailers
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NewsCity snapshot: Grocery sales plunge as inflation hits 11-year high
Supermarket sales plunged by 5.9% in the 12 weeks to 17 April, according to the latest market share data from Kantar, as consumers prioritised value amid soaring inflation