Latest Headlines – Page 604
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NewsCity News: McBride issues major profit warning as costs mount
The private-label cleaning goods producer downgraded its full-year profit expectations by up to 65% on Thursday
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NewsEight Fifty Food Group sales and profits rose ahead of Sofina deal
Sales and profits soared at Eight Fifty Food Group in the run-up to the takeover by Canada’s Sofina Foods as the Karro and Young’s owner benefited from Covid-fuelled demand, a growing premium offering, access to China and efficiencies.
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NewsHeinz UK benefits from surging sales of its sauces and meals
The UK arm of Kraft Heinz saw surging sales of sauces and hot meals last year, as strong grocery trading during the coronavirus outbreak more than mitigated the loss of foodservice sales
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NewsStrike action at GXO Logistics called off after ‘improved pay offer’
The logistics provider offered an ‘improved’ pay rise of 4%>
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NewsYoplait unveils new Yop chocolate variant as a ‘permissible treat’
The NPD goes on sale in Asda on 23 August and is pitched as a ‘permissible treat’ for teens
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NewsSauce Shop partners with chef James Cochran for new Scotch Bonnet Jam
Cochran has starred on Great British Menu and runs London restaurant 12:51
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NewsNew competition and TV show aims to improve meat industry gender diversity
Upmarket butcher Parson’s Nose is looking for a female apprentice and ambassador who will also feature in a new TV series
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NewsWaitrose ‘only major retailer in growth’ as grocery sales slip
Sales at the retailer were up 0.6% in the 12 weeks to 8 August
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NewsMorrisons agrees deal with CD&R after raised £7bn bid
US private equity giant Clayton, Dubilier & Rice has moved into pole position in the bidding war for Morrisons, having agreed a new £7bn 285p per share deal for the supermarket.
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NewsFood shortages ease… but worst is yet to come as HGV driver crisis continues
As changes to self-isolation rules mean fully vaccinated workers must no longer isolate, new research by The Grocer reveals food shortages have now eased
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NewsGreenypeeps claims first with carbon negative tea range
The ethical tea brand said it had removed over twice the carbon that each of its products generated
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NewsCity snapshot: Morrisons agrees to new £7bn CD&R bid
US private equity giant Clayton, Dubilier & Rice has moved into pole position in the bidding war for Morrisons, having agreed a new £7bn 285p per share bid for the supermarket.
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NewsMedia Bites 20 Aug: Morrisons/CD&R, Amazon, McBride
Morrisons’ board switched its recommendation last night and backed a £7 billion takeover by Clayton Dubilier & Rice after the private equity firm trumped rival Fortress (The Times £). Clayton, Dubilier & Rice has increased its offer for Morrisons to 285p per share, in the latest round ...
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NewsPerkier to bulk up snack bar brand after smashing crowdfunding target
Founder Ann Perkins started the business following a long career in the food industry, including 12 years at Heinz Healthy snack bar start-up Perkier has beaten a £400k crowdfunding target in the first week of its campaign. The plant-based challenger brand has currently raised almost £470k from ...
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NewsAsda begins stocking clothing from online fashion retailer Missguided
George at Asda said the move was part of its wider strategy to partner with “relevant brands”
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NewsHeinz and Deliveroo partner to take Beanz brand into delivery
It marks the latest in a series of plays from Heinz to take the Beanz brand outside its canned heartlands
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NewsBooker HGV drivers balloted over strike action
Unite has accused managers at Booker of being “missing in action”
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NewsTresemmé adds Pro Pure range free of sulphates, silicones and dyes
The range comprises three shampoo and conditioner pairings
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NewsCentral England Co-op to save 230,000 meals a year with Too Good To Go
The rollout of Too Good To Go follows a six-week trial earlier this year
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NewsVolatile UK weather hits cereal, potato and orchard crops
Heavy rain and hail coupled with unseasonably low temperatures have hit harvests and yields