Archive of all news articles – Page 335
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Media Bites 7 October: Imperial Brands, Arla Foods, Diageo
Imperial Brands has launched a £1bn share buyback programme to reward shareholders.
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Iceland strikes deal to launch Myprotein frozen ready meals and desserts
A five-year partnership will see the Myprotein ready meals and desserts in Iceland’s 1,000-plus stores from early next year
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Tree of Life and Health Store suppliers £20m out of pocket following collapse
Hundreds of suppliers have been left almost £20m out of pocket by the collapse of Tree of Life and sister distributor The Health Store, with a number of start-ups struggling to survive the fallout
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Kingsmill unveils ‘luxury’ bloomer loaves duo
Great White Bloomer with Sourdough and Malted Bloomer have rolled into Tesco and Asda
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Branston following Heinz as prices of beans SKUs rocket
Research by The Grocer using Assosia data shows category leader Heinz isn’t the only baked beans brand getting dearer
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Booker freezes prices on 450 catering lines
The wholesaler will lock prices on popular products such as premium frozen chips from 5 October until 3 January
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Kellogg’s opens new food innovation centre in Manchester
The Culinary and Sensory Centre comprises a packaging design lab, culinary kitchen, sensory hub and small-scale cereal factory
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Freight industry questions government cross-Channel stowaway figures
Earlier this week, home secretary Suella Braverman revealed plans for new laws imposing a blanket ban on anyone deemed entering the UK illegally from seeking asylum
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Bumper potato harvest expected for 2022, reports Mash Direct
The brand is expecting up to a 30% uplift in potatoes harvested this year
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Judicial review launched to challenge Scotland’s DRS rollout
Abdul Majid, whose store took part in a DRS trial, is raising judicial review proceedings in the Court of Session against scheme administrator Circularity Scotland
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MCS calls on government to deliver better fisheries management
This season’s Good Fish Guide only had 16 ratings improvements out of 177 seafood species, which the organisation recognised as low
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Aldi creating 3,000 new jobs to support its ‘biggest ever Christmas’
It’s looking for more than 2,000 temporary and permanent store workers and over 850 warehouse recruits
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Asda unveils winter offer of £1 soup and free tea for over-60s
Asda has launched the deal to run alongside its ‘Kids eat for £1’ offer, which launched in late June
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Tesco cuts 325 head office roles as part of £500m efficiency drive
The supermarket said staff had been informed of the cuts late last month, though they were not mentioned at this week’s results call
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Inquiry to probe energy cost threat to food supply chain
Last month ministers confirmed companies facing average energy bill increases of between 300% and 400% would have their bills capped for six months
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PepsiCo shakes up senior sales team with string of promotions
The Walkers and Pepsi owner has appointed Nursen Sirin Ulker to the newly created role of head of sales, and appointed Rob Bland as general manager for Tesco Group
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City snapshot: Imperial Brands launches £1bn share buyback scheme
Tobacco player Imperial Brands has announced the launch of a multi-year share buyback programme, with the intention of buying back £1bn shares by the end of September 2023. Plus a trading update from Diageo and all the rest of the latest news from the City.
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Media Bites 6 October: Tesco, Unilever, Ocado
Coverage of the latest results from Tesco makes up the bulk of retail news in this morning’s papers.
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Hackney Gelato to increase marketing investment after hitting £600k crowd target
It has so far raised £667k from more than 312 backers on the Crowdcube platform, with the campaign valuing the challenger at £10m.
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Trading Standards warns not to expect ‘rigorous and ongoing’ enforcement of HFSS
In the financial year 2022/23, £179,000 is being made available for enforcement, with £102,000 in each of the following two years