Archive of all news articles – Page 148
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Media Bites 9 October: Waitrose/Amazon, John Lewis, Sainsbury’s
Groceries from Waitrose could be sold via Amazon under a deal being discussed by the supermarket chain and the online retail group
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City snapshot: BlueNalu raises $33.5m to scale lab-grown seafood
Lab-grown seafood innovator BlueNalu has raised $33.5m in a series B funding round to continue progress towards launching its sustainable, high-end bluefin tuna across the world.
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City News: Tesco shares soar on profits upgrade
Tesco shares rose sharply this week as the UK’s largest supermarket hiked its full-year forecasts, on the back of a jump in sales and profits in the first half
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St Pierre sees sales surge past £150m
Global sales surged past the £150m mark at St Pierre Groupe last year as it was bought by Mexican bakery giant Grupo Bimbo
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Seasonal worker scheme failures mean many migrant workers won’t return
In a ‘disturbing’ update, more scheme returnees are saying they are ‘never coming again’ because ‘it is the worst it’s ever been’
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DRS wins public support… unless there’s a cost of living crisis
An exclusive poll for The Grocer by Harris Interactive revealed more than 66% of people backed the plans, with 17% opposed and a similar figure unsure
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Aldi kicks off festive worker hunt, offering 3,000 store roles
The discounter is looking to fill both temporary and permanent positions
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Food jobs in Northern Ireland under threat over Windsor Framework rules
British companies could pull some of their production sites out of Northern Ireland because of how burdensome it is to move goods under the Windsor Framework deal
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Aldi sells most British apples of all UK supermarkets
While Aldi only holds 10.2% of grocery market share, it sold 23% of all British apples last year, representing the greatest volume of any UK supermarket
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Nyetimber set for ‘biggest ever’ wine harvest
It comes as production of English wine has increased by 130% in the space of five years
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City Snapshot: Footfall falls back in September
UK football eased back in September as consumer caution constrained spending in stores
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Media Bites 6 October: Imperial Brands, plant-based meat, Cadbury
The maker of Lambert & Butler and Players cigarettes has announced a £1.1 billion buyback, helping to lift its shares a day after Rishi Sunak announced plans to eventually outlaw cigarette sales in England (The Times £). Imperial Brands will buy back £1.1billion shares after bumper demand ...
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This targets profitability after heavy losses
Meat alternative producer This is targeting profitability by 2025 as it shifts focus from hyper-growth to improving margins following heavy losses.
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Linda McCartney’s launches ‘best’ burger at Paris fashion show
The soya-based burger will hit the shelves of UK supermarkets in spring 2024 with a ‘mouth-watering, meaty texture’
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Six new suppliers to hit Co-op shelves thanks to Apiary support scheme
The search for the second series of businesses to join its Apiary programme began at the start of the year
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Morrisons rebranded manufacturing arm ‘to better target other retailers’
The supermarket, known for the vertical integration of its supply chain, rebranded its assorted manufacturing sites over the summer
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AI tool launched to help brands identify sustainability strengths
Sustainability Navigator audits the existing green and ethical claims made by brands, and benchmarks them against category competitors and consumer trends
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Nectar 360 to double its network of digital screens in Sainsbury’s stores
It includes plans to launch a brand new network of digital advertising screens within Sainsbury’s stores
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Veg Power partners with Aardman and Shaun the Sheep to inspire children to eat more veg
The two-year agreement has involved the creation of Shaun the Sheep branded resources across Veg Power projects
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Tesco readies online marketplace launch
Customers will be able to shop “a broad range of third-party products” on Tesco.com