Archive of all news articles – Page 480
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Basic food lines absent at Russian discounter Mere in Christmas run-up
Stock levels of everyday essentials were low or non-existent in mid-December, and have not been replenished in the new year
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Tesco promises collaborative fight with suppliers against inflation
CEO Ken Murphy said Tesco’s suppliers had “stepped up magnificently” to the challenges of the pandemic
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Convenience stores face soaring electric bills under ‘volatile’ energy market
EDF Energy warned energy prices are expected to remain high for the remainder of 2022 and “possibly beyond”
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City Snapshot: Tesco hikes profit forecast after market share hits four-year high
Tesco has upgraded its profit expectations after strong growth in its third quarter and over Christmas. Plus, M&S posts bumper festive grocery growth, trading updates from Hilton Food Group, and Finsbury Food Group and all the rest of the latest news from the City
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Bira launches consumer shopping site for independent retailers
Hundreds of Bira members, including health food stores, pet stores and cafés, have already signed up to the platform
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Media Bites 13 January: Sainsbury’s, Pret a Manger, Unilever, Beyond Meat
A busy morning in the papers takes a deep dive into the Sainsbury’s Christmas trading figures, as well as stories on Pret, Unilever and Beyond Meat.
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Samworth Brothers appoints Brakes CEO as new boss to replace outgoing Flor Healy
Hugo Mahoney is to take over the reins from Flor Healy, who is retiring from the top role at the Ginster and Soreen supplier.
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FareShare ramps up frozen food operations to tackle supply crisis
FareShare is aiming to have about 300 frozen pallet spaces in its UK-wide network by the spring
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Berry Bros & Rudd sees Christmas sales fizz as drinkers celebrate at home
The fine wine merchant saw a further increase in sales over the festive period on top of a bumper 2020, with sales up a third on pre-pandemic levels
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IGD appoints Naomi Kissman as new social impact director
Kissman will work on areas including people, health, sustainability and economics, across nearly 5,000 companies engaged with IGD
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Tonic Health smashes £200k crowd goal as it eyes growth in US
Tonic has so far raised £316k from almost 200 investors on the Seedrs platform and continues to overfund from its £200k target.
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Rapid grocer Gopuff to launch own-label range
The delivery firm is expected to launch the product in the coming weeks
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Vaping brand Riot Labs launches ‘world first carbon negative disposable’
Riot Labs’ QBAR device is made from three main elements, each of which are completely recyclable
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Abel & Cole to donate almost 1.5 million portions of fruit & veg to food banks
The organic food box service is partnering with three charities for the initiative
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Arla Foods more than doubles its carbon emissions reduction plan
The dairy co-op is now aiming to cut CO2e scope one and two emissions by 63% by 2030
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Weetabix to relaunch Oatibix – and battle Kellogg’s with ‘Nutty Crunch’ NPD
The longstanding Weetabix spin-off will be given a new look from February as well as a recipe reformulation and NPD
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Sainsbury’s pledges to keep prices low amid mounting food inflation
CEO Simon Roberts said he was committed to giving customers “the best value to really support them”
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Media Bites 12 Jan: Unilever, Boots, Lidl
Unilever has ’lost the plot’, according to one of its top ten shareholders who has accused the group of being obsessed with burnishing its sustainability credentials
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City Snapshot: Sainsbury’s lifts profit forecasts despite Christmas sales slump
Sainsbury’s has lifted its profit guidance for the year despite a fall in sales over the key Christmas trading period. Plus, Just Eat Takeaway misses full-year growth target, and Vimto maker Nichols issues full-year trading update.
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Symington’s appoints joint CEOs as David Cox departs following Newlat takeover
Cox has been replaced by sales director Christian Boulter and finance director Henry Breese, who will take on the role of joint CEO