Latest Headlines – Page 568
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NewsGousto trials edible stock cube wrappers to cut plastic use
The move is part of Gousto’s ongoing work to reduce plastic packaging in its recipe boxes
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NewsEx-Defra secretary Owen Paterson facing commons ban over Finnebrogue lobbying
The MP was Defra secretary between 2012 and 2014. He broke lobbying rules in approaching the FSA and DfID, according to the parliamentary watchdog
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NewsPlastic-free gum brand Milliways lands £1m cash injection
The brand has completed a funding round from investors with an eye to expanding its distribution in the UK
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NewsMorrisons ends 54-year run as public company as CD&R takes control
Morrisons has officially ceased trading as a publicly listed company after more than 50 years on the London Stock Exchange
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NewsCentral England Co-op to close majority of stores on Boxing Day as reward for staff
Six 24-hour petrol stations will remain open to continue serving communities
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NewsOatly building new research centre to further the potential of oats
The plant-based giant said work on the new facility, based in Sweden, would complete in 2023
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NewsCo-op rebrands six stores to Co-op26 for climate change awareness
Co-op will also feature the new branding across its social media channels for the duration of the conference
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NewsLily’s Kitchen names Nicola Magalini new CEO
Magalini will begin his new role on 1 November, filling the vacancy left in the summer by David Milner
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NewsMara Seaweed to cast net further overseas following funding boost
Domestic and international demand for high-quality seaweed for use as a food source and health supplement is on the rise as consumers seek out nutrient-rich alternative protein and sustainable seafood, according to the business, which launched in 2013.
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NewsPret a Manger to make debut in Canada with new A&W tie-up
If the pilot is a success, the Canadian burger chain will be granted the exclusive right to expand the Pret brand across the country
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NewsFood prices climb higher as soaring costs slams industry
Food inflation has ramped up to its highest level since November 2020 as spiralling costs led to higher prices on supermarket shelves, with fresh food becoming more expensive for the first time in ten months.
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NewsMedia Bites 27 Oct: THG, Reckitt Benckiser, Morrisons
Another £1bn was wiped off THG’s market value yesterday as investors seized on signs of slowing growth and margin pressure
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NewsCity Snapshot: Heineken warns of price rises as it battles on several fronts
Dutch brewing giant Heineken is the latest fmcg group to warn of higher prices in the face of rising costs and supply chain challenges as volumes slumped in its third quarter. Plus, Morrisons shares have been delisted from the London Stock Exchange, with a number of the board stepping down; food inflation accelerates in October; and Kerry Group updates on Q3.
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NewsPurearth lines up healthy £650k crowdfunding round
Launched in 2012 by Angelina Riccio and Tenna Anette, the business specialises in organic health drinks, from ‘immune boosting’ wellness shots and plant-based broths to nut milks, cold-pressed juice, cleanse programmes and a dairy-free ‘water kefir’ range, which it claimed as a UK first.
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NewsDark store operators driving ‘huge’ rent growth for urban industrial assets
Within London, areas such as Newham, Tower Hamlets and Southwark are forecast to see rent growth in excess of 7% for industrial assets this year
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NewsBoursin moves into vegan cheese with plant-based garlic & herbs product
It will launch exclusively in Sainsbury’s in December, before rolling out to other retailers nationwide from February 2022
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NewsYoung’s and Karro owner Sofina shake up leadership team
Eight Fifty Group CEO Di Walker has been replaced by Sofina founder and executive chair Michael Latifi as part of the restructure
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NewsNisa retailer hosts Citizens Advice for confidential drop-in service
Advisors offer a raft of support in areas including debt, benefits, employment, and housing or homelessness issues.
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NewsAldi price war on bananas ‘takes advantage’ of family farms, unions claim
The calls come with negotiations now underway for next year’s banana supply
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NewsSainsbury’s brings net zero target forward to 2035 ahead of COP26
The retailer will be using 100% renewable electricity across its entire estate by the end of the year