Latest supermarket news – Page 58
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Ocado launches TV ad campaign for updated Price Promise
The Price Promise was revived in March, covering 10,000 products and including Clubcard deals
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Government declared ‘not fit for purpose’ over price cap plan
Supermarket and supplier bosses are understood to be fuming over the plans, which were leaked to the Daily Telegraph at the weekend
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Aldi switching to easier-to-recycle colourless milk bottle caps
The move follows a trial of the new caps in a number of stores last year
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Media Bites 31 May: Asda/EG Group, price caps, Unilever
The billionaire Issa brothers have agreed to sell EG Group’s UK and Ireland petrol and forecourt operations to Asda in deal that will add £770m in new loans to the business empire’s heavy debts
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Waitrose IT glitch causes bank holiday availability issues
The latest IT issue meant deliveries were not sent out or were sent with fewer items
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Supermarket bosses vow to fight government price caps
Retail leaders have described plans for a voluntary system of price caps on basic foods as ‘meaningless and ineffective’
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Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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Sainsbury’s cuts prices of core own-label dairy lines
The retailer has said it will be cutting prices by up to 60% on more than 40 own-label products including hard and soft cheeses, yoghurts and cream
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City snapshot: Asda confirms £2.27bn acquisition of EG Group UK and Ireland
Asda has announced it has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn
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Media Bites 30 May: Asda/EG, food price cap, inflation, Waitrose
Coverage of the merger of Asda and EG Group continued over the bank holiday weekend, alongside news of a proposal for a voluntary price cap for staple food items in supermarkets.
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M&S impresses City as ‘longest’ turnaround gathers momentum
Marks & Spencer shares jumped to 15-month highs this week on evidence it is finally emerging from what has been dubbed the ’longest turnaround in corporate history’
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Defra urged to take action on food waste reporting
Only a tiny fraction of companies have publicly report food waste figures
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DRS ‘dangling by a thread’ as Sunak calls for it to be dropped
The PM said the landmark scheme would limit choice and add to food inflation
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Booths launches café concept as hospitality becomes a focus
Café 1847 has opened at the grocer’s Hesketh Bank store in Lancashire
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PepsiCo drops plastic outer bag from Snack a Jacks multipack
The trial has been made possible by PepsiCo investing more than £2m in new equipment at its Skelmersdale factory
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Sainsbury’s relaunches value own-label range as Stamford Street
The supermarket’s existing value ranges will be converted under the new range.
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Sainsbury’s and Greggs partner for first time with new outlet
A Greggs concession has opened in an existing Sainsbury’s petrol station in Bedfordshire
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Tesco sending almost 90% of surplus food to charity
Tesco said partnerships with food waste organisations FareShare and Olio had been fundamental in reaching the target
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Combined meat and meat-free fixtures confuse shoppers, finds study
A consumer study for AHDB found that more than half of shoppers were confused by the cross-category merchandising of meat alongside meat-free alternatives
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Media Bites 25 May: M&S, inflation, C&C Group
The long-awaited turnaround at M&S generates headlines across all the papers this morning, along with news of stubbornly high food prices.