Archive of all news articles – Page 232
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Malaysian palm oil tariffs relaxation comes under fire
Palm oil production has been linked to illegal deforestation and biodiversity loss in countries such as Malaysia and Indonesia
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Absolut adds a duo of cocktails to RTD lineup
Absolut will host nationwide sampling of the RTDs this summer in cities and at festivals including Mighty Hoopla and On The Beach
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Pernod Ricard slammed for resuming Russia exports
The drinks giant has restarted exports of Beefeater and Jameson to Russia
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Asda opens 150th On the Move convenience store
The latest opening puts Asda a step closer to having 200 of the roadside convenience stores by the end of 2023
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Anchor and Lurpak reduce block butter pack size
The dairy co-op has started phasing out 250g blocks of its two flagship brands, citing the cost-of-living crisis.
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Agricultural inflation easing but farms remain under pressure
The latest research by farm supplies co-op AF showed a fall in average agricultural input costs of 2.6% in the six months to the end of March
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The Vegetarian Butcher launches southern fried chicken alternative
The Hentastic fillets are made from soy protein and coated in a golden crunchy outer layer
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City snapshot: Sainsbury’s profits slide as retail margins contract
Sainsbury’s has reported lower annual profits despite an inflation-driven 5.3% in sales. Plus trading updates from Unilever, Carlsberg, Hotel Chocolat and more
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Media Bites 27 April: Reckitt Benckiser, CBI, John Lewis
The main business headlines this morning focus on Reckitt Benckiser appointing a new CEO, as well as the ongoing crisis at the CBI.
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Grosvenor increases food technology investments
Global property group Grosvenor increased its investment into food and agriculture firms last year, despite the macro-economic headwinds facing the sector
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Coke bottler CCEP to continue raising prices despite easing inflation
Coca-Cola Europacific Partners has said it will continue to take action on pricing in 2023 despite double-digit price increases in the first quarter
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Holland & Barrett launches open banking payment option
H&B will now be able to process e-commerce payments using Trustly
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M&S to invest additional £12.5m in London stores
The retailer has invested £23m in the city in its 2022/23 financial year and created 400 jobs
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Morrisons launches first retail forum for independents
Retailers sitting on the board include Harj Dhasee and Alex Kapadia, who both opened a store with Morrisons Daily last year
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MPK Garages switches supply deal from Morrisons Daily to Nisa
The changeover will be happening over the next three months, with all 11 stores taking on a dual branded fascia with Nisa
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Ornua profits fall despite strong turnover growth
The Irish dairy co-op and Kerrygold owner saw turnover grow by €918.3m to €3.4bn in 2022
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Gillian Anderson launches functional soft drinks brand G Spot
The drinks are billed as offering something ‘between a purist health drink… and a mainstream soda’
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Cypressa launches meze-style sharing platters into Tesco
‘We wanted to offer a simple and convenient solution for creating your own meze at home, without purchasing lots of different products,’ said Cypressa
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Food bank charity The Trussell Trust reports record demand
The charity provided three million emergency food parcels to people facing hardship between April 2022 and March 2023
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Pret a Manger raises price of subscription scheme in overhaul
Pret subscribers will now receive 10% off all food products across the majority of its stores