Latest supermarket news – Page 67
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Media Bites 14 April: Tesco, Asda, Sainsbury’s/milk
Britain’s biggest grocer expects flat full-year profits as inflation continues to take a toll on its customers and suppliers
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Aldi and Lidl join Tesco and Sainsbury’s in cutting milk prices
Four pints of milk now costs £1.55
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The Grocer shortlisted for three PPA Awards
The nominations were the culmination of a hugely successful year and a lot of hard work, said Lorraine Hendle, managing director of William Reed’s retail and manufacturing division
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Tesco is doing what it can to support shoppers, says CEO Murphy
The Tesco boss was speaking as the UK’s biggest grocer posted a 5.3% increase in group sales to £57.7bn for the year to 25 February
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Tesco profits halved amid ‘incredibly tough year’ for consumers
Tesco’s full-year profits have more than halved as lower sales volumes, cost inflation and writedowns of its property and assets due to economic conditions. Plus Science in Sport decides against sale and trading updates from PZ Cussons and Imperial Brands
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Media Bites 13 April: Planet Organic, Tesco, British growers
Holland & Barrett is weighing a last-ditch rescue bid for Planet Organic, according to media reports this morning.
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Milliways plastic-free gum secures first major supermarket listing
Milliways was launched in 2021 with the hope of taking on traditional, plastic-based gum brands
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Norwegian salmon prices continue to soar
Rising costs and reduced volume have pushed up prices of Norwegian salmon, which accounts for almost half of UK supply
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Drinks blamed for a third of packaging environmental impact
IGD research shows beers, wines and spirits and non-alcoholic drinks have the greatest overall impact
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Easter lamb sales soar despite cost of living crisis
Sainsbury’s, Asda and Waitrose all reported over 100% increases in sales of the popular Easter roasting joints
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Sainsbury’s £220m logistics shake-up may affect thousands of jobs
The supermarket will switch to three dedicated logistics partners rather than relying on multiple contracts across its logistics chain
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Food surplus tech provider FoodCloud boosts leadership team
Sheena Forde is appointed partnerships director and Angela Ruttledge public affairs and stakeholder manager
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Media Bites 12 April: Sainsbury’s/Nectar, Black Sheep Brewery, UK economy
Sainsbury’s has begun offering lower prices on more than 300 items to members of its Nectar loyalty card scheme in a move that will rival Tesco’s Clubcard scheme
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Environmental plans could add to price pressure, warns Aldi boss
’It’s about working with government because no one disagrees with the aims,’ says Aldi CEO Giles Hurley
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Jempson’s to open two more convenience stores as sales rise
East Sussex-based retailer reported a 9.9% increase in sales to £35.1m for the year to 30 June 2022
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M&S extends price lock campaign until summer
The retailer is price-locking a ‘refreshed line-up of over 100 customer favourites’
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Tesco to recycle ready meal packaging back into food trays
PET trays collected via kerbside waste will be recycled and converted back into food-grade plastic trays, in what the retailer claimed was an industry first.
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Sainsbury’s overhauls Nectar scheme with Clubcard-style discounts
Customers will be offered lower prices on more than 300 products including Heinz Beanz, Nescafé coffee and Coke Zero multipacks
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Media Bites 11 April: Tesco, Poundstretcher, Love Hemp, Unilever
Tesco is in focus as the supermarket giant gets set to publish its annual financial results on Thursday.
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Finnebrogue and Belazu partner to launch plant-based meal kits
Plant Perfect One Pan Bolognese was developed by Belazu chefs and has just gone on sale at 345 Tesco stores