Latest Headlines – Page 476
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NewsMedia Bites: M&S, Asda/Morrisons price cuts, Just Eat, Coca-Cola
Marks & Spencer was hit with a downgrade as Deutsche Bank analysts warned the retailer would suffer from the cost of living crisis.
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NewsCoca-Cola’s revenues surge amid Covid rebound and price rises
Coca-Cola has posted strong growth in its first quarter, as volume growth and rising prices more than compensation for mounting costs.
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NewsWaitrose pushes value Essential range with major Piccadilly Circus campaign
The campaign is running from 25 April to 1 May and is expected to reach an audience of over a million people over the course of the week
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NewsFood sector left hanging over physical checks on imports from EU
Divisions emerge over mooted postponement after PM’s latest hint
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NewsStoli launches limited-edition Ukrainian-themed vodka as ‘symbol of solidarity’
The bottles are the first to feature the updated brand name, following its decision to change its name from ‘Stolichnaya’ to distance itself from Russia
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NewsBritish Corner Shop opens Netherlands base to bypass Brexit import issues
The online retailer initially established an EU base in the Netherlands with a third-party distribution centre in July last year
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NewsVertical farm tech business backs farm-in-a-shipping-container startup
The extended partnership will see Vertical Future invest in the company, as well as offer a building and commissioning service
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NewsTom Savano ready to scale premium premixed cocktail brand with help from the crowd
After launching at the end of 2019, the business has already generated £700k in revenues, selling more than 40,000 of its bottled “super-premium” cocktails.
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NewsFood production under threat amid "eye-watering" surge in farm costs
Data from feed supplier AF’s latest Aginflation Index shows input cost inflation of 23.3% and fertiliser costs up 107.7%
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NewsDavid Beckham-backed CBD brand pulls ingestibles range
Cellular Goods has suspended sales of its ingestible CBD range after it failed to comply with Food Standards Agency rules
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NewsM&S brings back Fresh Market Update ad campaign highlighting farmers
Fresh Market Update will run across ITV, Channel 4 and YouTube. M&S also has an online hub containing farmer stories and recipes
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NewsAd giant WPP launches end-to-end e-commerce service for fmcg brands
Everymile would be offered on a “transparent revenue share commercial model” WPP said
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NewsPrice wars as new owners of Asda and Morrisons throw millions at cuts
Asda also announced 120,000 hourly paid shop floor colleagues would see their pay increase to £10.10 per hour from July
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NewsMr Kipling launches Deliciously Good non-HFSS cakes range
The cakes are the result of three years’ development and owner Premier Foods’ first full range of non-HFSS branded cakes
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NewsCity snapshot: McColl’s trading slows as rescue talks continue
McColl’s has issued a profits warning after slower than expected Easter trading, while it remains locked in talks with its lenders and Morrisons over a financing package to enable its ongoing trading
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NewsMedia Bites 25 April: Just Eat, Cooking oils, AB InBev, Morrisons
Just Eat Takeaway.com is set for a showdown with investors at next week’s annual meeting, with one top shareholder alleging that the company misled shareholders
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NewsCity News: Market buoyed by Nestlé’s growth despite warnings of further price hikes
Nestlé warned of further price increases this week, on top of the existing 5%-plus price hikes this year, but analysts were buoyed by the fmcg giant’s continued organic growth
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NewsFilippo Berio UK expects ‘challenging year’ as input inflation bites
Olive oil market leader Filippo Berio has warned of “spiralling costs” and shipping issues from Italy after its UK profits were dented by inflationary pressures last year
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NewsJBS and environmentalists at odds over Italy-sized emissions claims
The Brazilian meat giant has rejected accusations its emissions have surged as ”flawed”
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NewsRobinsons adds vitamin-enhanced squash quartet Benefit Drops
The pocket-sized 66ml format was ‘ideal for shoppers on the move, adding great taste and additional vitamins to their water’, said the brand