Latest Headlines – Page 780
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NewsPanic buying fears dampened as average basket spend declines
Waitrose this week ended its rationing rules on all product categories aside from toilet paper and flour
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NewsSugar reduction report reveals ‘little or no progress’ by food and drink suppliers
Some categories, such as chocolate and sweet confectionery, had seen sugar levels virtually unchanged
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NewsFood waste app launches scratch and sniff ‘smell-by’ labels
Too Good To Go is seeking to educate consumers on when to throw food away, instead of relying on best-before dates
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NewsHolland & Barrett CEO Tony Buffin quits after a year
Buffin was appointed to replace Peter Aldis in May 2019
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NewsPost Office CEO Nick Read sets out measures to regain postmaster trust
Measures include a non-executive role for a postmaster on the board and a £2m investment in creating 100 area managers to support postmasters
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NewsACS commercial director Paul Chamberlain to step down
Chamberlain will step down in March 2021 after a six-month notice period
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NewsTesco’s new boss Ken Murphy says online surge ‘here to stay’
The supermarket has smashed its record for dotcom grocery orders
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NewsSouthern Co-op raises £1.5m for good causes with carrier bag levy
For every single-use bag purchased at a Southern Co-op store, 5p is donated to good causes
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NewsTate & Lyle CFO Imran Nawaz becomes Ken Murphy’s first major Tesco hire
Murphy said there had been an “extensive search” to find the right successor to Alan Stewart
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NewsMüller Yogurt & Desserts boss Bergen Merey to step down
The Turkish-born executive joined Müller in 2015 and has been credited with driving ’significant and beneficial change’ to the business
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NewsFree-range egg prices dropping amid production growth
Industry body BFREPA has warned expansion is denting free-range producers’ margins
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NewsMolson Coors to drop Coors ‘Lite’ in beer overhaul
The brewing giant is set to give its namesake beer a major makeover, with a new look and plans to launch a slew of NPD
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NewsPoundland to set more prices in ‘25p increments’
The business sees the move as in line with its ‘simple price’ strategy on the basis that multiples of 25p should remain easy for customers to add up
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NewsFerrero acquires Fox’s Biscuits from 2 Sisters for £246m
Ferrero has snapped up Fox’s Biscuits from 2 Sisters Food Group for £246m to add to its growing biscuit portfolio across the world.
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NewsMidcounties Co-op CEO Phil Ponsonby calls for more sustainable business practices
Ponsonby spoke live at The Convenience Conference on 6 October
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NewsMedia Bites 7 Oct: Tesco, Ocado, Deliveroo
Tesco will complete the overhaul of its top executive team by raiding Tate & Lyle to recruit its new finance chief
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NewsCity Snapshot: Tesco sales soar during pandemic but £553m Covid costs drag on profits
Sales at Tesco soared 6.6% in the first half to £26.7bn as shoppers relied more heavily on supermarkets during the coronavirus pandemic, but costs also ballooned to weigh on profits. The supermarket also announced Tate & Lyle CFO Imran Nawaz as its news chief financial officer.
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NewsDanone to sell remaining €500m stake in Yakult
French food conglomerate Danone has announced plans to sell its remaining 6.6% stake in probiotic yoghurt brand Yakult to strengthen its balance sheet.
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NewsPlant-based cheese brand Willicroft lands Waitrose listing
A trio of Willicroft products go on sale in Waitrose on 7 October
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NewsPostmasters likely to have historical accounting convictions quashed
Forty-four postmasters were prosecuted by the Post Office for stealing money after a new computer system, Horizon, was installed between 2001 and 2013