Archive of all news articles – Page 295
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Dairy exporter Somerdale sees sales and profit fall slightly post-pandemic
The exporter saw turnover fall by 3.4% to £44.3m. Meanwhile, operating profit and pre-tax profit all fell, by 13% and 12%
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Morrisons set for marketing refresh with new ad agency
Leo Burnett will take over as Morrisons creative agency from Publicis.Poke
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Tesco to bring back Kids Eat Free scheme in cafés from Boxing Day
The deal allows families to claim one free hot meal, breakfast or pick ‘n’ mix deal with any item bought by an adult when showing their Clubcard
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City snapshot: NWF expands reach with £10m fuel oils deal as H1 trading remains ‘strong’
Specialist fuel, food and feed distributor NWF Group has reported “strong” first-half trading and announced a £10m acquisition in an update to the London Stock Exchange this morning. Plus, Greencore hands Sheffield workers a bumper pay increases ahead of Christmas
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Media Bites 22 December: fuel prices, Pret, Wilko, THG, Lidl
There’s plenty to digest in this morning’s papers, including claims that supermarkets are ‘heartlessly overcharging’ as fuel hits a festive peak.
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Aldi boss writes to customers pushing commitment to value at Christmas
‘We know lots of our customers are worried about the rising cost of living, so we have been working hard all year to keep prices as low as possible,’ Hurley’s email tells customers
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Aldi claims supermarket first in joining coffee pod recycling scheme
Shoppers will soon be able to drop off Aldi own label pods at one of thousands of collection points
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Eatplanted secures first major UK supermarket listing at Morrisons
The European plant-based brand’s range will be available to purchase across stores nationwide from 26 December
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Defra announces EU fishing deal to increase fishing opportunities to £750m
The deal will present UK fishing with opportunities worth over £280m in 2023
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Jerome Saint-Marc stands down as Wilko CEO
Former Bensons for Beds CEO Mark Jackson has been apppointed Wilko CEO designate
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Energy bill support decision delayed until January, leaving businesses fearing closure
It follows repeated promises from the government that businesses would find out by the end of December if they would be entitled to more money
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Eating more fruit & veg could slash greenhouse gas emissions by 30%, finds report
Boosting fruit and vegetable production in Britain would insulate against price shocks caused by climate disasters in more vulnerable countries
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Investors tell supermarkets to tackle increasing risk of modern slavery on UK farms
The investors claim the country’s supply chain has become increasingly dependant on migrant workers from outside of the EU since Brexit
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City snapshot: General Mills upgrades sales and profits guidance as Q2 beats expectations
General Mills has raised full-year forecasts for its top and bottom lines after beating expectations in the group’s second quarter. Plus, Pets at Home appoints former Asda boss Roger Burnley as non-exec.
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Media Bites 21 December: THG, AG Barr, Amazon
Troubled online beauty retailer THG faces pressure on its cashflow after a leading credit insurer reduced cover to its suppliers.
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Tesco sued by Thai factory workers over alleged labour exploitation
Employees at the VK Garment Factory in Mae Sot, Thailand, are suing the supermarket for alleged negligence and unjust enrichment
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Drinks industry welcomes government decision to extend freeze on alcohol duty
The decision to delay any new changes until 1 August coincides with the beginning of the government’s new simplified alcohol tax system
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Morrisons gives away free carrots for Rudolph at all stores
The supermarket will make wonky carrots available in all 498 stores nationwide on 22 and 23 December
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Mondelez offloads chewing gum assets in US, Canada and Europe to Perfetti Van Melle for $1.4bn
The deal only includes the business in the US, Canada and Europe, with Mondelez retaining its gum holdings across Latin America, Asia, Middle East and Africa.
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City snapshot: AG Barr snaps up remaining stake in Moma Foods
AG Barr has acquired the remaining minority stake in plant-based milk brand Moma Foods for £3.4m. Plus, Hilton Food Group forms long-term strategic collaboration in Singapore with Country Foods.