Latest Headlines – Page 816
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NewsCity News: Diageo shares under pressure as results fail to meet expectations
Shares in the world’s largest spirits group Diageo came under pressure this week as its annual results undershot meagre expectations and it took £1.3bn of coronavirus-driven writedowns.
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NewsCJ Lang appoints David McCorquodale as non-executive director
McCorquodale, formerly UK head of retail at KPMG, took up his position on the board of directors on 1 August
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NewsWaitrose rolls out body-worn cameras to store staff
The retailer will trial the technology in 50 of its branches this month
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NewsNomad Foods on the acquisition trail as frozen sales soar in wake of coronavirus
Reported revenues jumped 11.4% to €599m (£541m) in the second quarter of 202
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NewsFace coverings not a legal requirement in cash & carries, says government
Retailers and caterers visiting cash & carries will not be required to wear face masks
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NewsGovernment to build £200m system to handle NI customs declarations
The new ‘Trader Support Service’ will provide ‘end-to-end support’ for NI businesses handling customs declarations on goods coming from GB
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NewsSamworth Brothers picks up Urban Eat sandwich brand from collapsed Adelie
The brand was sold to Samworth for £6.4m, following Adelie appointing Deloitte as administrator on 26 May
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NewsFungtn debuts myco adaptogen beer trio
Brewed with myco adaptogens (medicinal mushrooms) the beers are said to deliver functional and positive benefits
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NewsSupermarkets slash beauty ranges as shoppers ditch makeup during lockdown
Social distancing measures have led shoppers to spend less time in supermarket health & beauty aisles
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NewsMedia Bites 7 August: Diageo, Hammerson, M&S/Ocado
Diageo has locked horns with LVMH, the world’s biggest luxury goods firm, over an unpaid dividend
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NewsCity snapshot: Footfall slowly returning to Britain’s shops and centres
Shoppers are slowly making their way back to the high street as pubs, cafes and restaurants reopen
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NewsLockdown inflation falls back as grocers head for a price war
The lockdown-driven spike in supermarket inflation dramatically fell back in July as the major grocers fired the first shots of a post-Covid price war.
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NewsLucozade Ribena Suntory shifts to its drink-later portfolio to offset Covid-19 trading hit
The dramatic collapse in footfall on the high street depressed demand for impulse soft drink purchases with consumers stuck at home
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NewsBusiness rates appeals rocket as Covid-hit firms claim ‘material change of circumstance’
The number of cases lodged in the first stage of the process was nearly as high in the three months to 30 June as in the previous three years
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NewsMuzai launches with range of 'mindful' craft cocktail mixers
Muzai’s drinks are crafted from a blend of organic tea, kombucha, organic agave and botanicals
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NewsCJ Lang to donate £30k with its first community cashback campaign
Customers, store staff and CJ Lang employees will be able to nominate community groups and charities across the country to receive a cash sum
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NewsNatalie Mitchell takes up new Waitrose technical and quality director role
Mitchell has been head of brand development and product innovation since 2015
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NewsGovernment rent support still needed to save ‘hundreds of thousands of retail jobs’
A government ‘code of practice’ introduced in June to aid negotiations between landlords and tenants has not helped where businesses simply don’t have the money to pay, according to the BRC
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NewsSales of eggs still surging as consumers opt for British
Year-on-year retail value sales for shell eggs in the mults rose by 37% to £294m during the 12 weeks to 12 July
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NewsTulip invests £15m in reopening Bromborough site
Tulip said the investment would go towards the creation of 120 new jobs