Latest Headlines – Page 564
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NewsCity snapshot: Sainsbury’s profits jump despite second quarter sales slowdown
Sainsbury’s has posted a strong rebound in first half profits on continued grocery growth despite a wider like for like sales slowdown in its second quarter
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NewsMedia Bites 4 November: Labour shortages, Pets at Home, EG Group, John Lewis
The UK poultry industry expects to take up only about half of the 5,500 emergency visas announced by the government ahead of Christmas, after turkey farms cut production and recruited some workers locally.
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NewsEG Group expands US empire with Sprint acquisition
The deal – for a reported $300m – pushes the Blackburn-headquartered group into two new states taking its presence in the US to more than 1,750 sites across 33 states.
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NewsMondelez upgrades sales outlook as it hikes prices to battle inflation
Cadbury owner is the latest fmcg giant to highlight the role of price increases as the industry continues to battle inflation
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NewsAmazon’s seventh Just Walk Out store to open over the road from Tesco’s GetGo
Tesco launched its own version of Amazon’s Just Walk Out shopping experience last month
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NewsRebel Kitchen makes confectionery debut with Coconut Bytes duo
The vegan treats would meet the growing demand for plant-based and organic food and drink, said Rebel Kitchen
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NewsAldi falls behind on store opening target
The discounter has fallen behind on a target of 1,000 stores by 2022 and will need to open about 80 a year to reach a longer-term goal of 1,200 by 2025
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NewsAldi continues expansion with push for 15 new stores by end of year
The discounter is set to arrive in new locations including Edinburgh, Orpington and Poole
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NewsFix8 kombucha rescued from liquidation by sale to Global Tea
The two businesses were a “natural alignment”, said Fix8 founder Freya Twigden
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NewsLeaf Marque unveils new target to almost double certified produce by 2026
It is aiming for 85% of the produce grown in the UK to be certified within the next five years
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NewsMolson Coors European head Simon Cox to retire, replaced by Sergey Yeskov
A master brewer, his time at Molson Coors saw him oversee both on-trade sales and supply chain teams before stepping up to lead the UK business, before being promoted to run Molson Coors Europe
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NewsCedo launches ‘UK’s first’ antibacterial bin bags into Morrisons
The NPD was a “direct response to consumers’ need for increased hygiene and sanitation in the home, arising as a result of the Covid pandemic”
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NewsMedia Bites 3 Nov: THG, EG Group, Morrisons
Shares in the Hut Group hit an all-time low on Tuesday after it emerged that BlackRock was halving its stake in the online retailer
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NewsCity Snapshot: Pets at Home boss Peter Pritchard to leave pet care retailer
Pets at Home Group CEO Peter Pritchard is to leave the retailer after 11 years with the business. Plus, Coca-Cola HBC reports strong Q3.
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NewsOcado Zoom orders being delivered in Highway Maintenance vans
Several ex Highway Maintenance vans are being used to deliver customer grocery orders “in a flash” from Ocado Zoom’s Acton depot
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NewsMorrisons unveils major pork promotion in bid to aid crisis-hit pig farmers
The promotion will see a host of British counter products discounted through November
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NewsSouthern Co-op could double its franchise estate in five years
The society opened its ninth store of the year under the ‘Welcome’ fascia last month
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NewsMachinery shortage compounding supply crisis, claims Bidfood CEO
Bidfood CEO Andrew Selley said the lead time for acquiring new equipment had increased from six months to as much as 18 months
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NewsGordon Ramsay launches Italian wine trio into Tesco
The range is the result of a partnership with London-based distributor Benchmark Drinks
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NewsHeinz launches limited-edition Christmas dinner-flavoured Big Soup
The NPD was based on research that revealed that one-quarter of Brits would eat Christmas dinner every day if they could, claimed Heinz