Archive of all news articles – Page 385
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City snapshot: Pret a Manger back in the black as sales recovery continues
Pret a Manger has returned to profitability thanks to a strong recovery in revenues as the food-to-go sector continued its revival following the end of Covid restrictions.
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City News: B&M shares fail to be boosted by solid first quarter
B&M European Value Retail shares failed to receive much of a boost despite better-than-expected first-quarter sales, as fears persisted over the impact of inflation on its customer base
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Food importers want input into government tariff cut proposals
Industry says reductions would help reduce inflation but could undermine FTA talks
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Scotland’s new HFSS rules will cause ‘even more confusion’ for retailers, says ACS
SRC head of policy Ewan MacDonald-Russell said the restrictions on temporary price reductions would only fuel ongoing inflationary pressures
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Happy Egg Co owner Noble Foods reports £30m loss as egg sales ‘soften’
Results posted at Companies House for Noble’s main shell egg business revealed year-on-year turnover dropped by 9.5% to £282.7m
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Wholesalers stocking up to beat price hikes
The Grocer understands wholesalers are looking to mitigate the impact of a growing number of cost price increase requests from suppliers
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Brits paying more for coffee as inflation hits chains
Greggs offered the cheapest hot coffee at £1.90, but its prices had increased by 5% since February
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Ryvita distances itself from dieting with new £3m campaign
The new positioning would encourage shoppers to ‘own being imperfect and live with balance’, said Ryvita
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City snapshot: European fmcg prices jump 6.9% amid soaring inflation
Fast moving consumer goods prices have increased 6.9% year-on-year across Europe, with fmcg inflation in the UK even higher at 7.5%
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Media Bites 1 July: inflation, Tesco/Heinz, Unilever, Boots
The coffee maker Lavazza has said it is in talks with retailers about how to manage its soaring costs as almost a third of UK businesses warn they expect to increase the price of goods or services they sell next month.
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Midcounties Co-op offers members 10% off on Fairtrade products
The move represents the first time the society has committed to reducing prices on a long-term basis across the Fairtrade product range
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Boots transformation plan gathers momentum as shoppers return to stores
Boots has continued its post-pandemic recovery as sales growth accelerated and a transformation programme progressed in the third quarter, owner Walgreens Boots Alliance revealed today.
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Prices for cheese and butter on rise at mults
There were more than 280 price hikes across the two categories in the big four, Waitrose, Aldi and Lidl from 6 to 27 June
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UK and EU milk supplies falling despite global production rise
European milk production is set to decline further due to challenges around sustainability regulations and soaring input costs
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McVitie’s takes fresh crack at a healthier digestive with Wholesense launch
Its new non-HFSS digestive biscuit – Wholesense Digestives – is claimed to offer 30% less sugar and 50% more fibre than its standard counterpart
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Local councils call for transparency on soft drinks levy funding use
The Local Government Association has warned that without urgent action, local authorities will not be able to reach their childhood obesity targets
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Nestlé tops supplier ranking for impact on diet and environment
The Better Food Index, which is the first ranking of its kind, scored the 30 UK food & drink suppliers and manufacturers with the highest turnover
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US renews demands for increased access to UK food market
The head of recent agri-trade mission said the UK should be more ’science-based’ in its outlook
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Hard seltzer sales up 39% - but mainstream moment still far away
The likes of White Claw, Topo Chico and Bud Light have made major gains over the last year