Archive of all news articles – Page 453
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Yumello beats £300k crowd target as it looks to accelerate growth
The business – founded by Esther Lopez and Omar El Hajji in 2018 – is overfunding on the Seedrs platform, with £342k raised from more than 130 backers so far.
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Town centre supermarkets 'at greater risk of closure as online grows'
The poorer suitability of town centre sites to serving online orders could put them in the firing line amid store opening activity elsewhere, according to Atrato Capital
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Nisa retailer brings AI shelf availability tech to UK convenience market
The tech, dubbed Shelfie, uses in-store cameras that take continuous snapshots of shelves
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Booming farm shop market worth £1.4bn, finds major study
64% of farm shops are expecting year-on-year sales to increase in 2022
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Mars to launch Plant Powered range for Ben’s Original
The range will include “plant-based versions of some of the UK’s favourite meals”
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Nirvana Brewery kicks off funding drive to capitalise on boom in overseas demand for low-alcohol beer
The London-based brewery experienced “a spike” in interest from aboard in 2021, with exports rocketing by 550%.
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City snapshot: Coca-Cola HBC withdraws guidance due to Ukraine/Russia conflict
Troubled Eastern European Coke bottler Coca-Cola HBC has withdrawn its guidance for its current financial year due to the conflict between two of its key territories of Ukraine and Russia. Plus, Glanbia posts strong annual sales and profit growth, footfall rebounds in February and all the rest of the latest news from the City.
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Media Bites 3 March: EG Group, Prompt Payment Code, Just Eat, Hotel Chocolat
EG Group has told its investors for a third year running that it needs more time to produce audited accounts, citing the increased size and complexity of the business.
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Seasonal worker wages soar 38% in ‘administrative nightmare’ for UK growers
The pay rise is due to come into dforce in April, but has been slammed as “unfit for purpose” by growers
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Hotel Chocolat enjoys bumper first-half results despite inflationary pressures
Revenues jumped 40% higher to £142.9m in the 26 weeks ended 26 December as it won over new customers in the UK and US.
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Nichols in M&A hunt as it launches review of Covid hit out-of-home channel
Vimto owner Nichols is eyeing M&A targets to strengthen its portfolio of drinks as the group rethinks the out-of-home channel in the wake of the pandemic, bosses have told The Grocer
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Supermarkets call for “bold” regulation on obesity but deny support for junk food taxes
Retailers intended the statement to express their support for his plans for mandatory reporting on areas such as the sales of healthy food and drink
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Halewood to move production of JJ Whitley vodka from Russia to UK
Its vodkas, which were previously produced in St Petersburg, will be British-made by end of March
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Müller launches ‘exotic’ Australian-inspired yoghurt G’Dairy
Müller Corner Creations G’Dairy is yoghurt with a three-in-one smooth fruit blend, of mango, passionfruit and coconut, in the corner
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GCA Mark White urges Amazon suppliers to come forward with GSCOP issues
Last month the Competition & Markets Authority (CMA) decided to designate Amazon under GSCOP
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Nice-Pak launches flushable plastic-free wipes claimed to break apart faster than toilet roll
Billed as a ‘game-changer’, the plastic-free wipes had been verified as ‘fine to flush’ and independently tested, it said
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Tesco launches relief operation to help refugees fleeing Ukraine
Tesco has used distribution centres in Budapest, Bratislava and Prague to co-ordinate its support
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Asda most complained about supermarket in 2022 so far
Of the 10 major supermarkets included in the analysis, Waitrose and Morrisons had the lowest proportion of negative reviews
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Real Drinks buys distributor Beer Britannia for undisclosed sum
The acquisition would “complement the core product expertise” of Real Drinks