Archive of all news articles – Page 131
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City snapshot: M&S profits jump as food sales soar
Marks & Spencer’s pre-tax profits before adjustments jumped 75% in the first half of the year as it benefited from strong food sales and better than expected consumer sentiment
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Media Bites 8 November: Food price inflation, ABF, Naked Wines
Food price inflation has dropped to single digits for the first time in a year and a half, as the cost of living crisis eases slightly
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Food safety at ‘critical risk’ from staffing crisis, warns FSA
The future of the UK’s food safety is being put at risk from “critical” shortages of frontline enforcement staff
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Just Eat launches rapid Lego toy delivery with Asda
The trial “means parents will now be able to order toys via rapid delivery straight to their doorstep
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Premier launches ‘Pop Cave’ concept for soft drinks
Kept cool with automatic doors, the soft drink caves are up to 30% cheaper to chill than normal refrigeration, helping retailers to save on energy costs
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UK subscription services nearing saturation point, research shows
91% of Brits surveyed who had not yet signed up to a service said they had no plans to do so
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Glenshire Group bolsters Pizza Hut franchise with 16 new sites
The deal completed on 1 November, with all 293 colleagues transferring to Glenshire Group, taking its total number of Pizza Hut sites to 17
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Poundland tapping parent company’s buying might to lower prices
The variety discounter has completed a move to sourcing its clothing lines at group level from parent Pepco, with general merchandise to follow suit by early next year
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Holland & Barrett begins stocking medicines in new trial
H&B wants to grow its presence in areas of the market where it has not traditionally been competitive
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Co-op launches nine Neapolitan-style pizzas under Irresistible range
New for the range, Co-op’s wine buyers have also provided a “carefully selected” range of wine recommendations
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Philip Morris appoints new UK commercial planning chief
He replaces Kate O’Dowd in the role, which she held for the last three years. O’Dowd has moved to the US to lead PMI’s indirect channels function
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The Laughing Cow launches into plant-based
The Bel-owned brand said it was the first in the UK to offer a plant-based alternative to cheese in portions
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Hip Pop appoints former Grenade head of operations as CEO
Beale had previously been advising Hip Pop on its operations
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Union calls for Wilko owners to be grilled by MPs over chain’s collapse
GMB Union has called on the Business & Trade Select Committee to hold an emergency session to demand answers
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City snapshot: Grocery price inflation falls to single digits for the first time in 16 months
Grocery price inflation hit single digits for the first time in 16 months in October as overall grocery growth continues to be driven by higher pricing. Plus Naked Wines issues profits warning as CEO departs and updates from ABF and Hilton Food Group
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Media Bites 7 November: Retail spending, Unilever, recycling
Source: GettyImages Growth in UK retail and consumer spending slowed last month to rates well below inflation, according to sector data that points to households cutting purchases ahead of the busiest shopping season of the year (Financial Times £). Retail sales slowed last month as people eased ...
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Pensioners rediscover their youth in Amazon Christmas ad 2023
The advert will premiere tonight (6 November) during the first ad break of Coronation Street on ITV
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Fentimans to launch Botanical Boost still functional drinks range
The brand could not confirm when or where the Botanical Boost range would be available
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PepsiCo promotes internally after CFO quits for Disney
Johnston departs after a 34-year career at PepsiCo
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BP signs up Relex to boost availability across company-owned estate
BP said product availability was becoming increasingly crucial for the business, with over half of its customers now visiting BP forecourts for a food-only mission