Archive of all news articles – Page 200
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News
Walgreens Boots Alliance shares slump on slashed forecasts
The group slashed its full-year guidance due to performance being hit by a slowdown of pharmacy sales post-Covid
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NI food-to-go-manufacturer Around Noon secures own label M&S supply deal
The deal will see Around Noon supply M&S stores on the island of Ireland with own-label products including sandwiches
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Vibrant Foods undertakes refinancing after heavy losses
World foods specialist Vibrant Foods has undertaken a multimillion-pound refinancing after ’operational challenges’ resulted in the group falling to significant losses.
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Abdul Majid wins judicial review against DRS administrator Circularity Scotland
Majid had been challenging the legality of the retailer handling fees which Circulatory Scotland (CSL) was seeking to impose on retailers
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Bidfood CEO Andrew Selley hits back at Caterfood Buying Group critics
Bidfood is also looking to grow its depot network, with two further openings planned for Bedford and Worcester over the course of the next year
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Climate Change Committee slams lack of net zero support for agriculture sector
The government lacked “a coherent, strategic approach to co-ordinated policy to meet the multiple needs for land” and a robust policy framework for emissions
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Tesco and Aldi latest supermarkets to make price cuts
Tesco has today cut the price of more than 500 products including fruit & veg, tuna and rice, by an average of 13%
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Defra long-term plans for waste reduction ‘don’t exist’, says damning NAO report
A lack of sufficient planning was making it difficult for businesses to prepare for the environmental regulatory changes, the report said
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Booker boosts digital presence for retailers with Socioconnect and Yext
The wholesale giant said Socioconnect would ‘help to make lives easier for retailers’ by allowing them to ‘better engage and connect with the local community’
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John Shropshire labour review calls for long-term seasonal worker scheme
More should also be done to attract more British workers to the food sector, the review urged
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Toblerone targets gifting market with launch of posh Truffles
The premium Toblerone Truffles comprises individually wrapped diamond-shaped truffles made of Toblerone chocolate
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City snapshot: Fitch affirms Tesco’s investment grade debt rating
Fitch Ratings has affirmed Tesco’s investment grade debt rating, citing its ‘strong market position in a highly competitive core UK market’.
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Media Bites 30 June: B&M, WH Smith, artificial sweeteners
Discounter B&M European Value Retail has reported “strong profitable trading momentum” as it continues to benefit from shoppers seeking out bargains in the cost of living crisis
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Arla announces price cuts and smaller packs across Lurpak
The dairy co-op has slashed the prices of popular 250g and 750g SKUs and rolled out a smaller 400g pack
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Holland & Barrett extends free menopause advice service
The new online service will see advisors offering support in different languages, starting with Urdu, Hindi, Gujarati and Punjabi
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Savant app sees chefs earn commission on product recommendations
The Savant app features hours of free content from a long list of Michelin-starred chefs
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Belvoir Farm plans innovation drive after installing £1.7m canning line
Packing 50,000 cans per hour, the line will allow Belvoir to roll out 250ml can formats of three of its RTD mocktails
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Yum Bug to take insects mainstream with BrewDog backing
The business secured £200k from James Watt and topped up with another £101k from more than 320 investors on Crowdcube, with the round valuing the startup at £5m
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Bengali restaurant in Essex launches artisanal Phol Gin
Taking its name from the Bengali word for fruit, Phol is distilled from jara lebu, a citrus fruit grown in Bangladesh
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Startup seeks to upend ‘old school vending industry’ with co-working space ‘micro markets’
Martee’s – cofounded by a former Weezy employee and ex-CEO of meal kit brand Plateaway – this week opened its first location at Expressway, an office space near Royal Victoria Dock, London