Latest supermarket news – Page 64
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NewsTesco, M&S and Ocado join forces with war on plastic coalition
The move comes with half or 1.2 million tonnes a year, of the UK’s plastic packaging not currently recycled
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NewsMalaysian palm oil tariffs relaxation comes under fire
Palm oil production has been linked to illegal deforestation and biodiversity loss in countries such as Malaysia and Indonesia
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NewsAsda opens 150th On the Move convenience store
The latest opening puts Asda a step closer to having 200 of the roadside convenience stores by the end of 2023
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NewsAnchor and Lurpak reduce block butter pack size
The dairy co-op has started phasing out 250g blocks of its two flagship brands, citing the cost-of-living crisis.
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NewsThe Vegetarian Butcher launches southern fried chicken alternative
The Hentastic fillets are made from soy protein and coated in a golden crunchy outer layer
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NewsCity snapshot: Sainsbury’s profits slide as retail margins contract
Sainsbury’s has reported lower annual profits despite an inflation-driven 5.3% in sales. Plus trading updates from Unilever, Carlsberg, Hotel Chocolat and more
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NewsMedia Bites 27 April: Reckitt Benckiser, CBI, John Lewis
The main business headlines this morning focus on Reckitt Benckiser appointing a new CEO, as well as the ongoing crisis at the CBI.
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NewsM&S to invest additional £12.5m in London stores
The retailer has invested £23m in the city in its 2022/23 financial year and created 400 jobs
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NewsMorrisons launches first retail forum for independents
Retailers sitting on the board include Harj Dhasee and Alex Kapadia, who both opened a store with Morrisons Daily last year
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NewsMPK Garages switches supply deal from Morrisons Daily to Nisa
The changeover will be happening over the next three months, with all 11 stores taking on a dual branded fascia with Nisa
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NewsCypressa launches meze-style sharing platters into Tesco
‘We wanted to offer a simple and convenient solution for creating your own meze at home, without purchasing lots of different products,’ said Cypressa
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NewsOcado set to close its Hatfield fulfilment centre
Ocado called the Hatfield site – which currently handles around a fifth of Ocado Retails order volume – “a foundation stone in the Ocado story”
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NewsMedia Bites 26 April: Nestlé, British American Tobacco, Ocado
Nestlé raised prices at close to the fastest pace in more than three decades last quarter but lost only a small amount of volume
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NewsCity snapshot: Reckitt Benckiser reveals new CEO as it beats Q1 expectations
Reckitt Benckiser has appointed a new CEO to take over from interim boss Nicandro Durante, while revealing a strong start to the year
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NewsPlanet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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NewsPoor weather hits pepper supply
Consumers are reporting gaps on shelves as pepper supply challenges continue
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NewsSupermarkets hit back at ‘unfair’ claims over food poverty
Which? and The Food Foundation accused retailers of failing to do enough to help shoppers suffering from food poverty
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NewsAldi hits double-digit market share for the first time
Meanwhile Lidl notched up another month as the fastest-growing supermarket
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NewsJohn Lewis Partnership appoints first ever cross-partnership loyalty chief
Emily Wells will lead the launch of a “new pan-partnership loyalty proposition” set to go live in 2024
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NewsCity snapshot: Nestlé first quarter volumes slip back as price hikes near 10%
Nestlé has reported organic growth of over 9% despite a dip in sales volumes. Plus ABF margins hit by cost inflation, Ocado to shut CFC, trading improves at McBride and all the rest of the latest news from the City