Archive of all news articles – Page 328
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Media Bites 19 October: Asda, THG, strikes/shortages
Asda is opening is first convenience stores outside a petrol station as its new owners search for ways to expand the UK’s third largest supermarket chain and overtake Sainsbury’s
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City snapshot: Food prices hit 42-year high as inflation soars
Food and drink prices have soared to their highest levels in more than 40 years, pushing UK inflation back to highs seen over the summer, according to the latest figures. Plus, rising food prices help Nestlé increase organic sales in Q3, Just Eat Takeaway returns to profitability sooner than expected, and hedge fund Third Point reveals new position in Colgate-Palmolive and pushes for sale of its petcare business
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Ella’s Kitchen launches campaign for kids food play in schools
Government figures show almost one in three children are now beginning primary school diagnosed as overweight or obese
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Booker subsidiary Best Food Logistics staff ballot for strike action over Christmas
According to GMB, 93% of members rejected the latest offer and a further 85% indicated that they wished to formally ballot for strike action
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The Coconut Collab launches ‘first-to-market’ plant-based brandy cream for Christmas
The coconut-based cream alternative will be available nationwide from November in Tesco, Waitrose and Whole Foods Market
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Aldi to train managers on menopause support for staff
The training will ‘cover an array of aspects, including raising awareness of the menopause and successfully supporting colleagues experiencing it’, according to the discounter
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Mark Rogers departs as Farmfoods retail director
Rogers resigned as a director at Farmfoods on 16 September, according to documents filed at Companies House
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JJ Foodservice donates over 200 ‘Helping Hand Packs’ to support local families
The bags, which will be put together over the October half term, contain a mixture of healthy snacks, drinks and toiletries
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The Vegan Kind sold in administration pre-pack deal to current owner
The Vegan Kind has been bought out of administration by a business associated with its current owner following a downturn in trading and soaring costs
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Booths sees annual profits increase but CEO warns of looming cost of living impacts
Profits before tax rose to £3m from £1.9m, while EBITDA grew by £1.4m to £13.3m
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Selfridges sales recover in 2021 as new owners prepare to ride out cost of living crisis
The company posted a full-year sales increase of 28% to £653.4m, up from £508.5m the year before
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Henry Dimbleby demands government brings back ‘shelved’ health inequalities white paper
He called on new health secretary Thérèse Coffey to push ahead with the ban on multibuy promotions, including bogofs and the clampdown on junk food advertising
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Central England Co-op saves over 100,000 meals with Too Good To Go
The amount saved equates to 250,000 kg of CO2 emissions, the equivalent of CO2 emitted from 49 flights around the world
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Ornua Foods UK appoints ex-Greencore exec Simon Ball as new MD
Ball will lead the growth and development of Ornua Foods UK from its Leek, Staffordshire headquarters
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JBS to spend £10m on rainforest conservation in the Amazon
New projects include using nut shells to make a compostable alternative to plastic
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Asda launches standalone Express convenience format
The retailer plans a further 30 sites, creating about 500 new roles, next year
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Lomond The Wholesale Food Co launches new brochure to showcase Scottish produce
In addition to the usual information, the guide includes all products’ food miles, allowing customers to make more sustainable choices
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City snapshot: Asda benefits from renewed demand for own label
Brands are coming under increasing pressure from own-label as shoppers trade down to cope with soaring food prices, the latest Nielsen grocery data revealed. Plus, the latest Barclaycard spending data and Pernod Ricard acquires Código 1530 Tequila.
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Media Bites 18 October: u-turn, Greggs, THG
The papers are dominated by the latest u-turns from the government as almost all prime minister Liz Truss’s tax policies are ripped up by chancellor Jeremy Hunt
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Uber Eats makes rapid grocery move with new model
Unlike immediate-needs players which deliver from dedicated dark stores, Uber Eats Market has launched in partnership with Iceland, with some of the retailer’s staff dedicated to picking and packing orders in stores