Latest Headlines – Page 566
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NewsMedia Bites 1 Nov: Asda, Morrisons, Greggs
Asda’s billionaire owners are looking at expanding the chain into continental Europe
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NewsHopes rise for Reckitt Benckiser after troubled pandemic performance
The Dettol maker raised its full-year revenue forecast after a stronger third quarter than forecast
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NewsCity Snapshot: Coca-Cola lines up full BodyArmor takeover
Coca-Cola is set to take full control of US sports drink company BodyArmor for $5.6bn.
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NewsTyphoo sets sights on return to profit after rationalising range
The tea supplier almost halved losses in the run-up to recent investment
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NewsFood & drink sector headwinds keep the lid on M&A activity
Food and drink M&A volumes remained relatively subdued in the third quarter as mounting headwinds constrained dealmaking in the sector.
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NewsVertical farm operator Fischer Farms starts work on ‘world’s biggest’ facility
Its site in Norfolk will open next May and will have the ability to produce the equivalent of 72,000 90g salad bags per day
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NewsIceland replaces own-label fruit juices with five-strong Del Monte range
It comes after The Grocer revealed last month Iceland had launched 250 new products in stores in a day
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NewsCompetition watchdog opens investigation into £7.1bn CD&R takeover of Morrisons
Any issues for the CMA are likely to centre around Morrisons’ forecourt operations and the CD&R-owned Motor Fuel Group
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NewsJames Convenience Retail sales and profits suffer due to pandemic
The retailer temporarily closed 12 shops for a period of the financial year due to the pandemic
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NewsIceland pasta sales surge while others struggle to grow
The frozen retailer grew its sales by 20.1% to £8.3m this year
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NewsCity snapshot: Hilton Food Group buys Fairfax Meadow for £23.8m
Hilton Food Group has acquired the entire share capital of UK-based foodservice meat supplier Fairfax Meadow Europe from Argent Food Group for £23.8m.
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NewsMedia Bites 29 October: Tesco/Gorillas, Amazon, AB InBev, Virgin Wines
Tesco’s new partnership with Gorillas is picked up by all the papers, along with coverage of Amazon’s latest trading update.
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NewsCranswick closes in on net zero with 14 carbon-neutral sites
The pork and poultry giant has also completed a shift to 100% certified deforestation-free soya feed
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News‘Transformed’ CJ Lang doubles pre-tax profits as sales grow 9%
In the past year, the company has invested more than £2m in the rollout of its overarching food-to-go brand
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NewsArla floats ‘poo power’ as renewable energy solution
The dairy co-op has created limited-edition AA rechargeable ‘Cow Patteries’ powered by electricity sourced from cow waste to raise awareness
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NewsBiscuit International strikes 'landmark' deal with acquisition of Continental Bakeries
Biscuit International has acquired Continental Bakeries as the PE-owned group strengthens its position as one of the biggest players in the European private label biscuit market.
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NewsNick’s accelerates UK expansion plans thanks to $100m funding pot
CEO Stefan Lagerqvist told The Grocer the business was aiming to follow the rapid expansion of fellow Swedish brand Oatly but in the better-for-you category.
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NewsDairy faces ‘reset’ as rocketing input costs drive up prices
Increases in costs of energy and feed are set to drive significant inflation across dairy, according to research by Kite Consulting
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NewsMorrisons to build solar panel network as part of new net zero pledge
The retailer has brought forward its goal to become net zero across its own operations to 2035
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NewsAldi looking for community groups and charities to sign up for Christmas food donations
The discounter is asking groups to register with its community redistribution partner Neighbourly to receive donations from their local store