Archive of all news articles – Page 411
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Lawrence Hunt looks to expand after pandemic sees closure of two stores
The Lancashire-based retailer says it is considering ‘any viable new stores’ while developing existing sites
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Iceland guns for Aldi’s middle aisle with ‘when it’s gone it’s gone’ range in Food Warehouse
The frozen specialist has taken aim at a hot tub and toy kitchen on sale at Aldi in an announcement of its own cheaper versions
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Suppliers given six weeks to change packaging as sunflower shortage hits
Others have given a 12-week cut-off, but suppliers said the deadline was stil far too tight and would inevitably result in shortages.
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Booker lands deal with electric bike supplier Eskuta for home delivery
The tie-up has seen 20 retailers utilise the offer so far, including from Premier, Londis and Budgens
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S-Ventures acquires Amazon specialist Market Rocket to launch digital drive for brand portfolio
Fmcg investment house S-Ventures has added an Amazon specialist to its portfolio, with the acquisition of Market Rocket.
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Mars launches new Bounty, Snickers, Mars and Galaxy bars to dodge HFSS crackdown
It’s the first major confectionery business to launch HFSS-compliant products ahead of the new junk food rules
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Nestlé and Anglian Water invest in East Anglian regenerative farming project
Nestlé and Anglian Water have invested almost £1m in funding for 32 land managers and farmers across East Anglia
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Farming and food production costs rise by more than 30% in April
‘Agflation’ could also be exacerbated long-term by impact of environmental rules on dairy
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Natasha Ednan-Laperouse: foundation announces ‘ground-breaking’ clinical trial for allergy treatment
The three-year study will aim to prove that “everyday foods” containing peanut or milk, taken carefully and under medical supervision, can be used as an alternative to pharmaceuticals
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M&A activity slows as inflationary pressure builds
Soaring inflation is putting increasing pressure on M&A activity in the food and drink industry, a new report warns
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Media Bites 18 May: Walmart, Britvic, Morrisons
Walmart shares endured their biggest fall in 35 years yesterday after costs and surging inflation in the retailer’s first quarter prompted it to cut full-year earnings guidance
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City Snapshot: Premier Foods to hike prices higher as Mr Kipling helps group beat profit forecasts
Premier Foods beats profit expectations for the year but warns of more price hikes. Plus, UK inflation hits 40-year high of 9% in April; Virgin Wines strikes strategic partnerships with Great Western Railway and Currys; and Marston’s returns to profit as pub trading returns to normal.
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Morrisons rescue deal for McColl’s priced at £190m
Morrisons has committed a total of £190.1m to rescue convenience chain McColl’s, administrator’s documents have revealed
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Midcounties Co-op invests £1m in crime deterrent measures
The society said the investment would help bring criminals to justice and make its local communities a safer place
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Jam n Vegan scores backing from Veg Capital for retail push
The business will use the £200,000 investment to build brand awareness, expand the team around founder Kyle Parchment and open up new channels.
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Jiffy to cease rapid grocery delivery to become dedicated software company
Click & collect from dark stores will continue “for the coming week or so”, with deliveries to customers ending even sooner.
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Starship grocery delivery robots hit the pavements of Cambridgeshire
Residents living in Lower and Upper Cambourne order deliveries picked by store staff at the Co-op store in Mosquito Road, Upper Cambourne
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Tesco launches ‘healthy zones’ to nudge shoppers away from HFSS foods
Better Baskets signposts foods high in fibre, plant-based options, low & no alcohol, snacks under 100 calories and products that were in reusable packaging
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Something & Nothing targets US expansion with £1.5m VC backing
Premium seltzer brand Something & Nothing has raised £1.5m in a private investment round to capitalise on growing demand in the US for its range of drinks.
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Innocent deviates from norm with banana-free ‘immunity-boosting’ smoothie
The drink, called Revitalise, will be the only smoothie in the brand’s range not to contain the fruit