Latest Headlines – Page 557
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NewsCity Snapshot: McColl’s warns profits to miss forecasts as supply chain disruption intensifies
Embattled convenience group McColl’s has warned its profits will be even lower than expected this year after supply chain issues intensified in the fourth quarter. Plus, UK inflation rises sharply to highest rate in almost a decade.
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NewsNeat makes two senior appointments from Method & Ecover
It comes after the start-up received a six-figure backing from serial investor Giles Brook in February
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NewsMark McGuinness promoted to JTI UK marketing director position
Stéphane Berset is leaving the UK business to become general manager of JTI’s Czech, Hungary and Slovakia operations
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NewsAvocado grower body slams London chefs for ditching fruit over water-usage concerns
The World Avocado Organization said substituting the fruit for fava beans in a guacamole alternative was “paradoxical” due to the bean’s own environmental impact
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NewsMidcounties Co-op saves 20,000 meals with Too Good To Go in five months
The waste saved equates to the same CO2 emissions produced from charging a smartphone 8.8 million times
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NewsDiageo rolls out ambitious growth plans to capture a bigger share of drinks market
Shares in the group soared 3% higher when markets in London opened this morning as investors reacted to the news, with the stock hitting record highs of 3,935p
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NewsPoundland to open seven new stores by Christmas
A further three are to be extended to make way for Pep&Co clothing and homeware ranges
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NewsWheat prices at nine-year high as bakers warn of price increases
AHDB reported pricing that had surpassed all previous recent highs last week, on the back of tight supply and rising demand
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NewsMeatless Farm to launch chicken fillet alternative in time for Veganuary
The new product will go on sale in Asda and Tesco in January
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NewsSainsbury’s to launch checkout-free ‘shop and walk out’ store in London
Customers will scan in at entry gates using a QR code displayed in their SmartShop app
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NewsHarj Dhasee to convert independent convenience stores to Morrisons Daily format
Dhasee told The Grocer he expected to officially open under the Morrisons Daily fascia after Christmas.
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NewsEG Group partners with Pizza Hut for convenience offer at eight forecourts
The first ‘hut’ to open will be at an EG Group-operated forecourt in Hartlepool over the coming weeks
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NewsWaitrose to trial sustainable farming at Leckford Estate to promote ‘new best practice’
The supermarket chain pledged last year that its UK farm-supplier network would be net zero by 2035
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NewsCompany Shop to open 15th store with new site in South Yardley
The new Midlands site will be the group’s fourth new store this year
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NewsCrisp packets and chocolate wrappers can add recycling label
OPRL announced the move would come in on 1 January
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NewsOnline grocery sales in decline as Brits get out to shop for Christmas
In-store visits at UK supermarkets increased 6.5% in the four weeks to 6 November, according to the latest NielsenIQ data
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NewsMedia Bites 16 November: Unilever, Oatly, Heineken, Tesco, Lyre’s
Second round bids for Unilever’s €2bn tea business are due in today, but any buyer - with bidders including PE firms Advent, Carlyle and CVC - would have to decide how to handle sensitive questions of human rights and fair pay on three large plantations owned by the multinational.
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NewsCity Snapshot: Premier Foods suffers declines as shoppers eat out once more
Revenues and profits have fallen at Premier Foods as the group lapped figures from a year ago when demand was elevated during the ongoing lockdown. Plus, the latest NielsenIQ grocery data, full-year results at Imperial Brands, new growth ambitions at Diageo and interim CFO appointment at Domino’s.
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NewsTesco backs shoppers to ‘ensure nothing gets in the way’ of Christmas with festive ad
The retailer unveiled research suggesting 92% of UK adults are looking to make the most of Christmas this year, no matter what
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NewsStephen Fry voices Sainsbury’s freeze frame Christmas advert
It is set to the Etta James classic At Last, in a nod to the delayed festivities of 2020