Latest Headlines – Page 822
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NewsCity snapshot: Premier Foods sales surge 22.5% in first quarter
Premier Foods has posted a 22.5% surge in first quarter sales driven by consumers flocking to its brands during the coronavirus lockdown period. Plus, food inflation holds steady at 1.5% and all the rest of the latest news from the City.
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NewsMcDonald’s global profits tumble amid lockdown hit
Profits have tumbled more than 50% at McDonald’s in the second quarter as the peak of lockdown measures took a toll on the fast-food chain.
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NewsNational Food Strategy report calls for junk food taxes and more free school meals
The first part of the strategy was launched today by Leon co-founder Henry Dimbleby
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NewsWaitrose and John Lewis to roll out electric delivery vans
The vans are designed to save more than 20,000 tonnes of CO2 annually
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NewsGreggs targets supermarket concessions for growth post-Covid
Greggs has now reopened the vast majority of sites, including four concessions in Asda superstores
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NewsFace mask rules add to ‘worst week’ of staff abuse, Co-op reports
The convenience retailer said it recorded 990 incidents of anti-social behaviour and verbal abuse
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NewsSelfridges to cut 14% of workforce as coronavirus hits sales
The luxury retailer will make around 450 staff redundant in what group MD Anne Pitcher called the “toughest decision” it has ever had to make
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NewsMushrooms enjoy coronavirus-related sales spike, new data shows
The Mushroom Bureau put the increase down to increased in-home occasions and consumer demand for healthy foods
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NewsAustralian wine The Hidden Sea debuts in UK with global oceans campaign
It hopes to remove one billion plastic bottles from the ocean by 2030
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NewsWalgreen Boots Alliance CEO Stefano Pessina to step down
Pessina will become executive chairman once a successor is found
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NewsWall’s launches Happy Rainbow ice cream in support of the NHS
The brand will donate 100% of its net profits from the ice cream to the NHS
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NewsPoundland plans to build flats above its first-ever freehold store
Poundland bought the historic site in Elgin to pay for repairs itself after the council served a dangerous building notice
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NewsCity snapshot: Reckitt brands clean up amid coronavirus demand spike
Sales and profits have soared at Reckitt Benckiser in the first half as hygiene-conscious consumers flocked to buy its disinfectant brands during the Covid-19 outbreak. Plus, on a busy morning trading updates from Greencore, AG Barr, Greggs and B&M and all the rest of the latest news from the City.
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NewsMedia Bites 28 July: Amazon, Walgreens Boots, Online sales tax
Amazon is to offer free grocery delivery to millions of customers in a massive expansion of the company’s Fresh food network, throwing down the gauntlet to traditional supermarkets
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NewsBidfood parent back in profit ahead of Covid-19 outbreak
Bidfood parent company BFS Group has bounced back into the black in its latest financial year, positioning the foodservice wholesaler in a stronger position ahead of the coronavirus outbreak.
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NewsAmazon makes free grocery delivery a Prime perk, rolls out rapid one-hour delivery
The free delivery perk is being rolled out to Prime members in London and the Home Counties from today
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NewsFood and drink deals decline but activity still ‘surprisingly high’
UK food and drink dealmaking slumped in the second quarter, but the sector continued to see a “surprisingly high” level of activity given the economic disruption caused by the lockdown.
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NewsSupermarkets under pressure to drop JBS following Amazon deforestation allegations
JBS has been linked to a Brazilian beef farm with land allegedly under embargo for rainforest destruction
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NewsIndustry divided over plans to consult on alcohol calorie labelling
The Department for Health & Social Care revealed the move today as part of a wider strategy to combat obesity
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NewsSt Helen’s Farm halts milk supply over alleged animal welfare breaches
The Kavli-owned brand has launched an investigation after filming by vegan group Surge uncovered a series of alleged breaches