Archive of all news articles – Page 438
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Fox’s and Burton’s Biscuits unite to become one business
It will be led by Simon Browne, who was previously MD of Burton’s Biscuits
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Tom Kerridge poised to challenge Pukka and Higgidy with retail pie range
The chef, owner of the double Michelin-starred Hand & Flowers pub in Marlow, has applied to register the names ‘Humble Pie’ and ‘The Humble Pie by Tom Kerridge’ with the Intellectual Property Office
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City snapshot: Grocery sales fall back amid soaring inflation
Take home grocery sales have slumped by 6.3% in the 12 weeks to 20 March as inflation hit its highest level for a decade, according to the latest market share data from Kantar. Plus AG Barr bounces back to top pre-pandemic results and all the rest of the latest news from the City.
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Media Bites 29 March: Asda, Heineken/Carlsberg, Cadbury
Profits at Asda doubled last year as the supermarket chain announced that it would be launching a new value range of groceries with a similar name to Waitrose’s cut-price line
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Carlsberg to sell Russia’s biggest brewer Baltika
Danish brewing giant Carlsberg is to dispose of its Russian arm, where it is currently the market leading brewer in the country
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Asda like-for-likes down 2.9% in quarter four of 2021 against tough comparatives
The supermarket is also launching a new value range called Just Essentials, as first revealed by The Grocer
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KP Snacks adds Flavour Kravers peanut range to target evening snackers
As younger consumers were ‘significantly influenced by flavours when making purchasing decisions’, the snacks would ‘drive sales in this demographic’ said KP Snacks
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Packaging tax: industry groups welcome watered down plans
“We welcome the UK government’s flexibility,” said FDF CEO Karen Betts
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Struggling farmers can expect extra £760m fertiliser bill due to Ukraine crisis
It follows reports to The Grocer that some farmers are selling off their fertiliser stores due to the rising cost to cover more immediate bills
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Heineken to dispose of its Russian business and take €400m hit
Global brewer Heineken has announced it will dispose of its Russian business and leave the country due to its war on Ukraine.
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Iceland switches back to using palm oil as sunflower oil shortage bites
Soaring sunflower oil prices caused by the war in Ukraine mean the supermarket must use palm oil again or have freezers bare of staples, said Iceland MD Richard Walker
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Matugga Distillery closes in on £300k crowdfunding goal
The business, run by married co-founders Jacine Rutasikwa and Paul Rutasikwa, is aiming to become a ‘cane to cask’ producer, with plans underway to develop a sugarcane plantation in Uganda.
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Caterforce appoints Iain Julier as trading controller in newly created role
He takes up the newly created role with more than 26 years of purchasing experience iun retail, wholesale and foodservice
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Benecol hopes to reach new consumers with plant-based range
Benecol Oat products are plant-based alternatives made of oats and enriched with plant stanols to ‘help lower cholesterol’
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Meat alternative brand This adds caramelised onion sausages
The innovation would encourage ‘more meat eaters to trial and adopt plant-based food’, said This
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Teapigs launches its first decaf tea, Abraca-decaf
The NPD offered ‘all the award-winning full flavour of Teapigs everyday tea, but with none of the caffeine’, said Teapigs.
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Asda launches speedy personal shopper app with Buymie
In Leeds, Asda’s full online range will be available on a new ‘Asda Express powered by Buymie’ app
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City snapshot: Investors call on Sainsbury’s to pay living wage
An investor coalition managing £2.2trn in funds has filed a shareholder resolution to demand Sainsbury’s to pay a living wage to all its workers. Plus, Heineken to pull out of Russia and take €400m writedown and all the rest of the latest news from the City.
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Media Bites 28 March: Boots, Sainsbury’s, UK retail sales
Four private equity firms are understood to have given presentations to Boots’ management team and submit second round offers in the coming weeks
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Plastic-free babycare startup Pura makes supermarket debut in Asda
The fast-growing brand will see 11 SKUs roll into all Asda stores from 9 April