Archive of all news articles – Page 19
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City snapshot: UK retail footfall sees biggest bounce back since 2021
Footfall in UK retail destinations saw the strongest rise since 2021 as shoppers returned to the high street
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Media Bites 30 May: Boots, loyalty cards, M&S
Profits at UK pharmacy chain Boots soared last year, driven by beauty sales and more shoppers visiting its stores
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Gousto returns to the black as it prioritises profits over growth
Revenues were almost flat year on year in 2023, nudging up by 1% to £308m as the recipe kit business turned off the tap for customer acquisition to focus on retention and save money
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M&S announces Alison Dolan as new CFO
Dolan is currently CFO of leading digital property portal Rightmove, a post she has held since 2020
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Hain Celestial promotes Chris Jenkins to global head of impact
Jenkins will oversee Hain’s global impact strategy, which prioritises building purpose-driven brands across its portfolio
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Bear launches £2m crowdfunding round to expand coffee chain nationally
Schoolfriends Craig Bunting and Michael Thorley founded the business in 2014 and opened the first Bear site in their hometown of Uttoxeter in 2016
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Labour ready to revive Henry Dimbleby’s plans for wave of HFSS taxes
“I think there is a real prospect that a Labour government will revisit the sugar tax,” said one top industry source
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Anglesey cheese plant Mona Dairy on brink of collapse
Directors at the plant said they had failed to source sufficient short-term funding for it to keep functioning in its current form
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Petrol pump prices not falling as quickly as wholesale costs, says AA
‘When a drop in wholesale costs equivalent to a £2 saving from a tank of fuel barely shows weeks later, it looks very much like the same old story,’ said an AA spokesman
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Valeo Foods hits the acquisition trail once again with takeover of Dal Colle
Valeo Foods Group is back on the acquisition trail with a deal to buy Italian bakery producer Dal Colle as the ambient giant looks to build a platform across Europe
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Broadland Drinks seeks to shake up French wine with Anarchy launch
A trio of serves in lightweight bottles are available via wholesale now
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Thousands of firms facing legal action over missing packaging data as deadline looms
The Grocer understands the deadline will not be extended again
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Nomad Foods hires new CFO to succeed Samy Zekhout
Frozen food giant Nomad Foods has appointed Ruben Baldew as chief financial officer to succeed Samy Zekhout, who is leaving to explore new opportunities
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Wilko set to expand grocery partnership with Iceland Foods
The move is an extension of an established partnership between Iceland and Wilko owner CDS Superstores
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All Things Butter launches Cinnamon Bun flavoured butter
The brand claims the new Cinnamon Bun Butter marks the creation of a new supermarket category
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Media Bites 29 May: Ocado, Fever-Tree, Online food delivery
Ocado is set to drop out of the FTSE 100 after six years. as it is poised to get booted out when the latest reshuffle takes place in June
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City snapshot: Profits tumble at Pets at Home despite sales growth
Profits have fallen at Pets at Home despite revenues growing at the petcare retailer, but the group still held its forecast for the new financial year
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Usdaw slams government for ‘political stunt’ as Criminal Justice Bill is dropped
Usdaw ‘not convinced they ever intended to follow through’ on the promise of a standalone offence for assaulting a shopworker
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Melrose & Morgan appoints liquidators and closes north London sites
‘It is with huge regret that we have to advise you that the company is not in a position to continue trading,’ states an email sent to employees
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M&S to invest £30m in new and existing London stores
New fresh-market style Foodhalls are set to open in Sidcup and Friern Barnet, while branches in Chancery Lane, Teddington, Blackheath and Islington are among those in line for modernisation