Archive of all news articles – Page 292
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Oatly UK general manager Ishen Paran steps down
In a LinkedIn post announcing his resignation, Paran described it as an ‘end of an era’ and said that ‘2023 is for the family’
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City snapshot: Christmas footfall jumps to post-pandemic high
UK retail footfall over the festive period rose back to the highest levels recorded since the start of the Covid pandemic in 2020
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Media Bites 6 January: B&M, Greggs, Boots, UK Retail
The FTSE 100 discount store chain B&M European Value Retail has upgraded its profit forecast after a strong third quarter and will pay a £200m special dividend
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Holland & Barrett appoints Alex Gourlay as new executive chair
Gourlay was formerly co-COO for Walgreens Boots Alliance
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Northern Bloc acquires two heritage ice cream makers as it ramps up capacity at new Leeds HQ
The acquisitions of Criterion Ices and Marine Ices will boost revenues by an additional £2m
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Petfood startup Tuggs debuts with fresh insect-based dogfood
Tuggs uses ingredients such as black soldier fly larvae in its petfood pouches and offers a subscription service of preportioned meals
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Cocos Organic launches dairy free Yog Tubes and light natural yoghurt alternative
The children’s yoghurt is made with organic coconut milk, real strawberry puree and natural banana flavourings and comes in a box of five
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Daylesford Organic sales are up… but it’s back in the red
Scaling back up after the pandemic caused losses
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Egg shortages and price rises continue to affect shoppers
Some packs are as much as 85% more expensive year on year
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Tesco and Asda lead bumper crop of own-label Veganuary NPD
Over the past month, there have been 25 chilled own-label vegetarian and meat alternative launches across the traditional big four
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Heura unveils two fish alternatives to coincide with Veganuary
The innovations are low in saturated fat and rich in protein, with around 70% less climate impact than fish
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Media Bites 5 January: Kantar, Sainsbury’s, Wilko, Amazon
There’s plenty of retail news in this morning’s papers to chew over following the latest Kantar Christmas spending data, Sainsbury’s raising shop-floor pay and Wilko securing fresh funding.
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City snapshot: B&M hikes profit guidance on strong pre-Christmas trading
B&M Bargains owner B&M European Value Retail has raised its full year profits guidance after posting double-digit growth in the quarter leading to Christmas. Plus, Greggs sees ‘favourable’ Christmas trading and all the rest of the latest news from the City.
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Former FDF boss Ian Wright to head up Food & Drink Exports Council
Wright stepped down from the FDF last year and was replaced in December by Karen Betts
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Global Brands takes control of Hooch, Hooper’s and Reef from Molson Coors
The three brands have been produced and distributed by Global Brands since 2012, under licence from the North American brewing giant.
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JTI UK appoints Victoria Lopez Aguas as reduced-risk products director
Lopez Aguas has spent 10-years with JTI, with her most recent role being head of RRP for Spain and Portugal
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Brazil must act urgently on Amazon to maintain trade, campaigners say
Brazil’s new president Lula da Silva has vowed to grow the country’s economy while protecting the Amazon from illegal deforestation
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McCain donates extra £300,000 to children’s charity in cost of living crisis
The donation is part of McCain and Family Fund’s existing partnership, which has already seen the brand pledge £1m up to 2023
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One Stop converts to recyclable clear lids for semi-skimmed milk
The move means an extra 16.5 tonnes of plastic packaging can now be more easily recycled each year
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Sainsbury’s hikes hourly pay for the second time in three months
The latest raise takes Sainsbury’s total investment in pay increases to £205m over the past year