Archive of all news articles – Page 391
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City Snapshot: Soaring food prices drive up UK inflation rate in May
Rising food and drink prices were the biggest driver of an uptick in inflation last month, according to new figures this morning. Plus, Carslberg CFO resigns and Unilever appoints Royal FrieslandCampina CEO as a non-exec.
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Kellogg’s announces radical overhaul with three-way split of global business
Kellogg’s is set to split itself into three separate companies as part of a radical overhaul and a focus on snacking to drive growth at the group
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Ocado taps investors for £578m to boost global tech rollout
Ocado has raised £578m via a discounted share placement to boost the rollout of its technology amid the global shift to online grocery.
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Deadline extended for entries to The Grocer New Product Awards 2022
Suppliers wishing to enter their products now have until 29 June
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B&M launches online home delivery service
The online range initially consists of 1,000 general merchandise lines
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Morrisons employs tree advisors to help UK farms meet planting targets
The advisors will work with Morrisons’ network of 3,000 farmers, providing advice on a case-by-case basis
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Deliveroo’s rapid grocery arm Hop launches ‘as-a-service’ model
Deliveroo will provide its “Hop operating expertise, inventory management and picking technology” to retailers
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Castell Howell Foods partners with Just Perfect Catering in sustainability drive
The partnership is designed to align the different members of the supply chain in a structured programme to create systemic change
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The Black Farmer launches limited edition Carnival sausage
The Carnival sausage aims to highlight Windrush Day, Jamaican independence’s 60th anniversary and the return of the Notting Hill Carnival
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FareShare partners with KFC to distribute millions of meals
Move follows a successful eight-month trial at 20 KFC restaurants in the Midlands, the north east and Essex
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SimplyFresh’s Davinder Jheeta returns to freelance design
He is trading under his own business called SomeoneCreative, where he provides design services for store interiors, branding, and packaging
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Broadland Drinks launches alcoholic cold brew tea brand
The NPD would resonate with ‘a new generation of RTD consumers’ and provide an ‘exciting opportunity for retailers’, said Twistea
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The Kay Group sees sales soar 25.3% thanks to convenience offer
Resultsposted on Companies House show sales hit £144.9m for the year to 31 October 2021
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Lloyds Pharmacy extends Deliveroo tie-up to 150 stores
Lloyds Pharmacy was among the first non-food takeaway retailers to partner with the courier platform
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Mondelez International expands healthier snacking portfolio with $2.9bn Clif takeover
The deal expands the Cadbury owner’s snack bar business to more than $1bn following previous complementary takeovers of performance nutrition brand Grenade in the UK and refrigerated snacking player Perfect Snacks in the US.
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City snapshot: Supermarket sales show recovery amid soaring inflation
Supermarket sales fell by 1.9% over the past 12 weeks, despite inflation soaring to its highest level since 2009. Plus Ocado raises £578m from new share placing.
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Media Bites 21 June: Ocado, inflation, Primark, M&S
There is plenty going on in today’s papers from a fresh injection of capital at Ocado to ABF kicking off a digital trial at Primark.
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Agronomics takes 47% stake in biotch firm Liberation Labs
London-listed cellular agriculture group Agronomics is amongst the early-stage backers of biotch firm Liberation Labs
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Tabasco launches spicy frozen chicken duo into Iceland
The innovations – which represent the hot sauce supplier’s first tie-up with a UK retailer – have launched via the ‘Exclusive to Iceland’ initiative
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Defra offers £30m in grants for farms to boost added-value produce
Farms can apply for funding to acquire premises and equipment to process agricultural produce