Latest Headlines – Page 740
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NewsCity News: Ocado shares drop despite profits upgrade
It’s not often a profits upgrade is accompanied by a share price plunge
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NewsPlant-based demand balances Covid losses for Authentic Food Co
Growing demand for plant-based foods in supermarkets has helped Beyond Meat’s UK distribuer The Authentic Food Company steer through Covid-related declines
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NewsSupermarket prices move into deflation ahead of possible Brexit cost shocks
Supermarket prices have fallen back into deflation for the first time in over a year, just as the industry prepares for a potential price shock from the UK’s exit from the EU
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NewsAsda paid Walmart £1.15bn dividend despite profits drop
Asda paid a £1.15bn dividend to US owner Walmart last year, even as its profits slumped by more than a quarter
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NewsHellmann’s partners with Animal Crossing game to raise money for FareShare
The mayonnaise brand has created its own virtual Island in the hit video game, and is inviting players to explore it
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NewsSouthern Co-op defends facial recognition tech after privacy backlash
The retailer was responding to criticism from Privacy International, which wrote an open letter demanding reassurrances from the business after learning facial recognition had been introduced in 18 stores
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NewsM&S introduces data technician apprenticeship scheme
The course is designed to equip employees with the skills to scrutinise data with the aim of building insights to use in their role within the business
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NewsHalf of food and drink SMEs have made no Brexit preparations
A number of surveys paint a gloomy picture of Brexit preparedness among British companies
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NewsWing Yip adds bubble tea room to depot
Taiwanese bubble tea shop chain Cuppacha has opened a concession offering specialist milky and fruit teas to take away
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NewsThe Grocer Next Gen Awards to celebrate and promote young talent
The Grocer has kickstarted its search for the best and brightest young talent working across the UK food and drink sector
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NewsAnalysis reveals true cost to retailers of business rates relief payback
The value of business rates relief over 12 weeks has been compared with grocery-only sales figures from Kantar for the same period for the 10 biggest supermarkets
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NewsVariety discounters can ‘dictate’ property terms thanks to wave of CVAs
As landlords become more desperate to retain or acquire tenants, variety discounters have been able to dictate lease terms, including long rent-free periods and contributions to store fit-outs, retail property agents have told The Grocer
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NewsGovernment to help food businesses with paperwork costs on GB-NI goods
The scheme will cover the ‘reasonable costs’ of moving goods such as meat and cheese
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NewsCovid hits Peas Please campaign as veg consumption slows
Just over 72 million portions made it into shopping baskets or on to plates in 2020 – 13 million fewer than last year
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NewsCompagnie Fruitiere eyes UK expansion as sales leap 28%
The French firm’s UK division principally supplies bananas to at least two major retailers
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NewsBritish food trapped in Europe as port chaos spreads
Shipping lines are refusing to release goods diverted to European ports
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NewsGeneral Mills claims first with Nature Valley soft bake protein bar
It claims the NPD is the first soft bake protein product to market
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NewsMars Petcare to roll PMPs of three bestselling products into convenience
Supplier found 55% of pet owners failed to purchase petfood in convenience stores due to lack of choice
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NewsChallenger brand data startup Elm secures seed funding
The company will use the funding to build out its engineering team and further develop its product
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NewsSupermarket prices fall into deflation for first time fourteen months
Supermarket prices have fallen back into deflation for the first time in over a year ahead of EU exit