Latest Headlines – Page 968
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NewsCity snapshot: Marks & Spencer food sales rise after two years but profits drop
Marks & Spencer reported growth in its food business but group revenues and profits were dragged down by a poor first-half performance from the clothing and home division
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NewsMedia Bites 6 Nov: Boots, ABF, Imperial Brands
Associated British Foods has said it expects earnings to rise in the coming year, driven by a recovery of its struggling Sugar unit and better-than-expect margins at fast-fashion chain Primark
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NewsWaitrose food trends report notes eco-friendly choices of ‘mindful’ shoppers
Waitrose MD Rob Collins said the findings showed a move away from materialism and towards a rise in kindness
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News31 Dover turns to the crowd for £500k growth funding
DMD Ventures will take to Crowdcube in mid-November as it seeks to raise £500k
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NewsFrieslandCampina UK profits jump 49% despite sales drop
Profits at the UK arm of Dutch dairy giant FrieslandCampina rose 49% last year, despite the ‘difficult economic situation’
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NewsPlant Pops makes UK debut with popped lotus seed snacks
Popped lotus seeds were largely unknown in Britain but “eaten by a billion people worldwide”, said the fledgling brand
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NewsAsda contract row: ‘we won’t ask people to do shifts they can’t do’
The GMB Union claims Asda risks a “flood” of legal claims over the new contract for store workers
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NewsMajor houmous supplier recalls dozens of products over salmonella risk
The products include own-brand houmous stocked in Sainsbury’s, Morrisons, Asda, Lidl, Aldi and Iceland
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NewsLavazza rolls out compostable ‘Eco Cap’ coffee capsules
The brand has partnered with recycling experts TerraCycle for the launch
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NewsHalo Top expands beyond ice cream with dessert snack range
The cult brand’s new chilled pots rolled into Tesco at the end of last month
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NewsBritish egg sector agrees on ‘much higher’ new barn standards
The standards follow a series of commitments by the major supermarkets to stop selling eggs from caged hens
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NewsCity snapshot: Associated British Foods delivers ‘resilient’ performance
Associated British Foods has reported a rise in profits as it delivered a “resilient performance” offsetting ongoing troubles at its Sugar division
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NewsProgress on food waste stalled due to Brexit concerns, says Wrap
The report found many retailers had done nothing or not enough to improve labelling advice across a range of key products
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NewsMedia Bites 5 Nov: Uber, M&S, Just Eat
Lower than expected overall number of active customers and activity at Uber Eats hit the taxi company’s bottom line as it reported losses of £1.2bn in the third quarter
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NewsRetail sales recover in October as bigger discounts encourage spending
On a total basis, sales rose 0.6% in the four weeks to 26 October
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NewsAldi to introduce reusable bags for loose fruit & veg
The drawstring bags will be in 250 stores from the end of November
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NewsVegan food specialist Allplants adds trio of plant-based desserts
Designed to be heated up from frozen, each dessert contains under 250 calories, is free from refined sugar and packaged in a reusable heat-proof glass ramekin
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NewsValue of food industry M&A deals drops over 60% in September
The UK emerged as the top country in terms of M&A activity in September, with six deals completed in the period
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NewsPost Office to increase postmaster pay by 10%
The £37m pay bump is made up of a £20m increase during 2020/21 and the £17m a year rise already announced in August 2019
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NewsMorrisons expands wholesale contract with Rontec forecourts
Retailers have developed a new Morrisons Select format for smaller stores