All news articles – Page 359
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NewsCity News: Unilever shares soar as turnaround picks up pace
Investors ignored missed sales forecast at Unilever in favour of big beats to margin improvement targets to send shares at the Hellmann’s and Magnum supplier soaring to the top of the FTSE 100 on Thursday
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NewsUK supermarkets urge Defra to green-light deforestation law
Britain’s leading retailers told Defra secretary Steve Reed to press ahead with anti-deforestation regulation
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NewsAsda rolls out new online ‘Store Assist’ picking technology
Asda said the solution was already “proving popular” with staff – 26,000 of whom had now been trained on 10,000 updated devices
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NewsPasta Evangelists to open 20 new sites in next five years
The company will open its first franchise site in Richmond, with a second coming shortly
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NewsGreens Retail reaches 25th store milestone
It comes as the Scottish grocer, which is primarily supplied by Nisa, “scored a hat-trick” of store openings last month
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NewsDanone and Microsoft unveil major AI partnership
The multiyear collaboration with the tech giant includes the creation of a Danone Microsoft AI Academy, tasked with improving staff AI literacy
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NewsUK food security under threat as Met Office unveils impact of warming weather
2023 was the second-warmest year on record for the UK
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NewsAfrican countries step up efforts in the lead-up to EUDR amid pushback
Major cocoa producing countries, Ghana and Ivory Coast, reject claims they will not be prepared for the December 2024 deadline
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NewsDeliveroo continues non-food play with The Perfume Shop partnership
It follows deals struck with Screwfix and Ann Summers
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NewsTesco and Highland Spring trial QR code tech to tackle single-use plastic
The packaging enables direct-to-consumer marketing, as well as access to live data to trace packaging at barcode level throughout the supply chain
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NewsCity snapshot: Unilever misses Q2 sales targets but makes profitability progress
Unilever has missed growth expectations in its second quarter as prices softened and CEO Hein Schumacher continued with a turnaround plan. Plus, half-year results from Nestlé and British American Tobacco, a full-year trading update from Virgin Wines and a Q1 update from Tate & Lyle
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NewsMedia Bites 25 July: Reckitt Benckiser, shoplifting, UPFs
Reckitt’s major overhaul and new shoplifting figures make headlines this morning
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NewsPepsiCo invests £13m into ‘extensive upgrade’ of Doritos site
Work to install a new manufacturing line will commence in August
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NewsJacob’s adds Bites crackers aimed at younger shoppers
The crackers are oven-baked with a ‘moreish, crispy, crunchy texture’
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NewsEurope Snacks set for new PE ownership as One Rock finalises acquisition
The own-label crisps manufacturer is close to changing hands after its current private equity owner kicked off a sale process earlier this year
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NewsNichols open to ‘sensible’ functional drinks M&A, CEO says
The Vimto owner has its eye on emerging soft drinks trends
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NewsMicrosoft software outage could affect global supply chains ‘for weeks’
Air and sea cargo was severely affected by Microsoft and CrowdStrike’s software breakdown last week
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NewsSainsbury’s stores bombarded with coupon fraud ‘hack’
Dubbed ‘the Sainsbury’s method’, TikTok accounts share reusable money-off coupons that are being used to reduce basket bills to next to zero
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NewsWaitrose restructures HQ team as it doubles down on store service
It has seen the creation of a dedicated retail service & standards team to work across Waitrose’s store estate
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NewsBerry delivery brand Berrymakers launches across UK
The brand claims to introduce an entirely new way to buy and enjoy berries and will bring British berries direct to consumers’ front doors