Archive of all news articles – Page 473
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Mere dismisses rumours of a withdrawal from western Europe
Spanish publication Inforetail reported on Monday that Mere planned to exit the country, citing sources as indicating other western European divisions could follow suit
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Inflation and supply chain disruption lead to wave of profit warnings in 2021
Profit warnings at retailers and food & drink suppliers accounted for a third of all warnings issued by UK listed companies in 2021 as supply chain disruption and spiralling inflation hit at the back end of the year
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Media Bites 26 Jan: Unilever, Greencore, CO2
Unilever plans to axe about 1,500 management roles globally as the company faces pressure from investors to improve performance
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Oatly ‘Help Dad’ ad push banned by ASA over ‘misleading’ climate claims
Four out of five issues raised by complainants were upheld by the advertising watchdog
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Dash Water appoints David Milner as chairman to support its rapid growth in 2022
Seltzer brand Dash Water has closed a multimillion-pound investment round to maintain its rapid growth, with backing from industry veteran David Milner, who also joins the business as chairman.
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City Snapshot: Pets at Home raises profits guidance as shoppers splurge on Christmas presents for pets
Pets at Home Group has lifted its profit expectations after a bumper Christmas as momentum picked up during lockdown carried on throughout 2021. Plus, Premier Foods appoints Tania Howarth, former COO at Nomad Foods, to its board.
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Food delivery tech player Deliverect valued at $1.4bn after $150m funding round
Food delivery software firm Deliverect has raised $150m to value it at $1.4bn as it seeks to scale up its business across the globe.
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British Sugar turns on private 4G network to power four ‘Factories of the Future’
British Sugar has signed a seven-year partnership with Virgin Media O2 Business
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M&S to sell Choc on Choc matchsticks following copycat allegation
Choc on Choc claimed M&S’s Valentine’s Day-themed Perfect Match box of chocolate matchsticks was a near identical copy
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Wicked Kitchen to expand UK offering while also moving into Northern Europe
The vegan brand has gone on sale in Finnish grocer S Group across both Finland and Estonia
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Unilever announces 1,500 job cuts amid global restructure
Unilever has announced a number of changes to its organisational structure, including 1,500 job cuts, as part of a drive to make it a ‘more category-focused business’
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ACS urges government for rural convenience stores to be part of levelling up agenda
2022 Rural Shop Report highlights the vital role that these businesses play in their local communities and to the economy
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Nestlé adds swathe of Kit Kat, Aero and Rowntree’s NPD for spring 2022
A 10-strong range of NPD will launch, including five new Kit Kat SKUs, a trio of Aero ‘Melts’ and two new Rowntree’s launches
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Distillery Eden Mill sells majority stake to investor Inverleith
The deal, for an undisclosed sum, would allow Eden Mill to “push forward” with the “ambitious build” of a new distillery at the mouth of the River Eden in St Andrews, said the brand
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Young’s expands Gastro range with new Iceland and Food Warehouse listings
The seafood supplier has added four new SKUs to its range in the retailers
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MPs launch early probe of Britain’s new controls on EU food imports
As delays are reported at Dover, the Efra Committee wants to hear from food businesses ahead of a 1 March hearing
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Calls for tax on salt as research shows some sliced meat saltier than the ocean
Action on Salt is calling for mandatory, comprehensive salt reduction targets to be enforced with penalties for food manufacturers
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Getir to create 6,000 jobs this year as UK expansion continues
Since launching in the UK a year ago, the Turkish company now employs 4,000 people in permanent roles,
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Monster adds zero sugar watermelon drink and launches Ultra range promotion
Ultra Watermelon offered consumers a ’delicious, refreshing energy boost with no calories and no sugar’, claimed the brand
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City snapshot: Rémy Cointreau sales surge amid ‘exceptional’ spirits market
French spirits group Rémy Cointreau has posted sales growth of 21% in its third quarter as demand for cognac rebounded.