Archive of all news articles – Page 101
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Lidl GB board restructure sees new CFO appointed and chief customer officer role created
Lidl GB is also streamlining the current structure of three chief operating officer roles into two
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City snapshot: UK economy returns to growth amid Black Friday spending boost
The UK economy beat market expectations to return to monthly growth in November, helped by the impact of the Black Friday retail event and fewer strike actions
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Media Bites 12 January: Marks & Spencer, Tesco, Fortnum & Mason
Marks & Spencer and Tesco have emerged as Christmas winners as shoppers flocked to their stores despite pressure on family finances
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John Lewis appoints Peter Ruis as new executive director
Naomi Simcock – who had been interim director since following the departure of Pippa Wicks in March – will now become operations director
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Charles Saunders Foodservice announces Victoria Foods acquisition
The acquisition will bring the company’s new joint turnover to £26m, as well as improvements for Victoria Foods
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TDR Capital acquires controlling stake in Popeyes UK
Fast food chicken chain Popeyes UK is under new ownership as British private equity house TDR Capital increased its shareholding
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Fortnum & Mason to ‘double’ supply chain capacity and invest in food to go
Fortnum’s saw ‘record’ numbers in stores during the Christmas period, but struggled to meet demand online
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Gordon & MacPhail appoints Phillip White as CEO
White’s appointment comes with Gordon & MacPhail managing director Ewan Mackintosh set to retire
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Influencer recipe grocery shopping platform Cartd launches
The platform translates recipe videos into the featured constituent ingredients to create pre-built shopping baskets on its website
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Müller UK&I sinks to £6m loss in 2022 as inflationary pressures bite
A £25.8m operating profit in 2021 swung to a £5.9m operating loss in the year to 31 December 2022, its latests accounts have shown
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Breal Group announces £1m investment in Black Sheep Brewery
Black Sheep was bought out of administration by Breal in May 2023
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Halewood Artisanal Spirits to distribute Krupnik Vodka in the UK
Krupnik is stocked with retailers including Sainsbury’s, Tesco and Asda
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Post Office scandal: Sunak announces new legislation to exonerate victims
PM Rishi Sunak has announced new legislation will be introduced to exonerate and compensate the Horizon scandal victims
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FareShare boss calls for greater co-operation among charities in fight against hunger
Former Marks & Spencer director of food and ex-Tesco veteran George Wright said he already begun talks with fellow food redistribution charities
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City snapshot: Tesco and Marks & Spencer post bumper Christmas sales
Tesco and Marks & Spencer have both posted strong Christmas grocery growth ahead of the wider market
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Media Bites 11 January: Sainsbury’s, Greggs, BrewDog
Trading updates from Sainsbury’s and Greggs dominate business headlines this morning, but BrewDog’s controversial move to drop new workers from the Real Living Wage also gained plenty of column inches
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Asda owners ‘more than comfortable’ with supermarket’s £4bn debt pile
A senior exec at Asda co-owner TDR Capital has told lawmakers the supermarket’s owners are “more than comfortable” with its debt pile are taking a long-term view of its growth prospects
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Amazon gives suppliers new 30-day window to resolve disputes
Upgraded system will provide suppliers with real-time data and automatically alert them when shipment variances occur, enabling them to resolve disputes faster
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Global Brands debuts Be canned cocktail range
The five-strong range is available now via Amazon and Global Brands’ DTC website
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National Pig Association calls for tighter imports as tonnes of illegal meat seized at Dover
There is a growing black market for pigmeat due to the cost of living crisis, the NPA said