Latest Headlines – Page 570
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NewsLabour and supply chaos reflected by profit warning hike
Overall, 65% of consumer-facing profit warnings cited cost or supply issues in the third quarter
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NewsTesco calls on suppliers to share GHG data and target net zero
In a letter from chief product officer Ashwin Prasad, Tesco detailed four key actions it wants suppliers to take
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NewsPret to challenge Costa with ‘Pret Express’ coffee-to-go station
Each station will create up to 21 drink recipes and will come with its own cashless payment terminal
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NewsCity snapshot: Sainsbury’s scraps £200m sales process for banking arm
Sainsbury’s has announced it has halted talks around a possible £200m sale of its financial services arm. Plus, UK retail sales fall in September and Rémy Cointreau sales bounce back.
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NewsMedia Bites 22 Oct: Unilever, Just Eat Takeaway.com, Fuel crisis
Unilever has warned that inflation could worsen next year as raw material and energy costs push up the prices of its food, toiletries and cleaning products (The Guardian). Unilever pushed up prices for its products by more than 4% in the third quarter as the global consumer ...
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NewsIceland giving away free food on last day of shelf life
The products will be added to customers’ online shopping where a fresher item is not available, and they will not be charged for them
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NewsGoose Island debuts frozen bar snacks range with Co-op
The snacks – which are billed as ‘an ideal pairing’ to beer – feature Goose IPA and Midway Session IPA in their recipes
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NewsAvara pledges 46% cut to direct scope 1 and 2 emissions by 2030
The poultry giant has also pledged to reduce scope 3 emissions within its wider supply chain by 28%
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NewsGist appoints former Tesco HR head Nick Williams as group HR director
Williams is replacing previous HR director Lynn Brown, who left the business in March this year
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NewsFood Foundation demands more transparency from supermarket over plant-based food sales
The Food Foundation is demanding supermarkets disclose plant-based and healthy food sales data and targets in the interest of meeting the UK’s net zero targets
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NewsAsda launches first customer loyalty rewards scheme
The move follows a pilot for 2,000 staff in 16 stores
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NewsWaitrose becomes largest retailer to sign up to the Organic Potato Pledge
The supermarket will stop the use of copper-based fungicides on its organic fresh potatoe
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NewsUK reaches trade agreement with New Zealand
The UK government hopes it will “pave the way” for joining the CPTPP
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NewsSpar to add five new frozen lines to own-label range
The new additions take the Spar frozen range to 39 products overall
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NewsCentral England Co-op sees sales dip against ‘dramatic spike’ of March 2020 lockdown
Sales remained 4.3% above pre-pandemic levels, totalling £458.1m during the first six months of 2019
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NewsFood manufacturers facing record rapeseed prices
Rapeseed spot prices in Rotterdam hit a 50-year high in September
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NewsWalkers crisps hit by supply disruption after IT upgrade at PepsiCo
The Grocer understands PepsiCo has asked customers across the trade to slash one entire promotional cycle from shelves and remove Walkers products from off-shelf feature space
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NewsGorillas hits 100 tonne food waste landmark via Too Good To Go partnership
Gorillas first went live with the anti-waste app in eight countries across Europe a year ago
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NewsCity snapshot: Unilever sales volumes fall as it hikes prices
Unilever’s underlying growth fell back to 2.5% in the third quarter as sales volumes fell back as the consumer giant hiked prices. Plus, Pernod Ricard rebounds on hospitality reopenings and all the rest of the latest news from the City.
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NewsMedia Bites 21 October: Nestlé, Asda/EG, THG, Deliveroo
Nestlé upgraded its full-year sales guidance for the second time after the world’s largest foodmaker pushed up prices for products from pet food to ice cream (The Financial Times £). The Lex column in The Financial Times (£) says “a focus on premium products should help Nestlé ...