Latest Headlines – Page 744
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NewsCity snapshot: B&Q owner Kingfisher joins flurry of retailers returning business rates relief
Screwfix and B&Q owner Kingfisher has joined the flood of retailers to hand back business rates relief received during the coronavirus pandemic. Plus, a trading update from The Hut Group and Mike Ashley’s Frasers Group confirms Debenhams rescue talks.
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NewsMedia Bites 7 Dec: Nando’s, Business rates, Christmas turkeys
Nando’s is in crisis talks over its debt pile after spending £20m to make its UK restaurants Covid-secure, raising £100m from shareholders.
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NewsIt’s All Good explores sale as tortilla chips demand soars
The Gateshead-headquartered supplier has been backed by PE firm NVM since 2014 following a £3.5m minority investment
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NewsFarmison & Co growth rockets 550% as mutton sales soar
Turnover is expected to more than double to £12m in the year to end of March 2021
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NewsBooths defers decision on business rates relief
The upmarket retailer said the increased costs associated with coronavirus safety measures were still ongoing
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NewsAldi to donate £1 from every turkey sold to tackling food poverty
The discounter has pledged £1 to The Neighbourly Foundation for each sale of its fresh whole turkeys or fresh turkey crowns in the run-up to Christmas
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NewsVisa launches Christmas campaign supporting local retailers
The campaign is backed by research suggesting £3.80 of every £10 spent with local businesses is retained in the community
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NewsHolland & Barrett to phase out chillers and freezers as sales decline
The health food retailer told suppliers this week it would begin removing chillers and freezers from January
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NewsMotor Fuel Group acquires six forecourt sites in the Lake District
The move takes the total number of forecourts operated by MFG to 911
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NewsBusinesses facing a ‘rent judgement day’, hospitality chiefs warn
A ’bloodbath’ of business failures will ensue at the potential cost of hundreds of thousands of jobs unless protections for tenants are extended into 2021, according to UKHospitality
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NewsMüller highlights restructure success despite posting £76m loss
The dairy giant’s Project Darwin cost-cutting strategy launched was launched in February 2019
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NewsBrewDog co-founder Martin Dickie launches CBD brand HBHM
It has debuted with a range of three CBD oils
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NewsFood industry responds to UK’s latest emissions targets
Boris Johnson set out an “ambitious” target to reduce UK emissions by at least 68% by the end of 2030
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NewsLidl joins supermarkets handing back businesses rates relief
The discounter said this morning it would refund over £100m in relief to the UK and devolved governments
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NewsShoppers start stockpiling for Brexit as a third fear price hikes
The finding comes from the latest Channel Pulse survey of consumer behaviour from Lumina Intelligence
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NewsPoultry housing order imposed across Great Britain amid bird flu outbreak
The restrictions will require all poultry farms in England, Scotland and Wales to keep their flocks indoors
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NewsM&S expands packaging-free refill aisle trial to third store
The aisle of refill stations features a selection of 50 own-label lines including rice, pasta, cereals and frozen fruit
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NewsCadbury eyes health trend with new Nuttier brand
Rivalling the likes of Kind and Trek, new brand Cadbury Nuttier will debut in retail from January with a trio of flavours
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NewsMars to cut 51 tonnes of plastic per year from sharing pouch packs
The move means Mars will also be able to fit more packs into shipping boxes
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NewsAt-home demand for gin helps Chase Distillery offset on-trade collapse
The company, which was snapped up by Diageo in October, experienced “very strong” growth with retail partners