All news articles – Page 485
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NewsFormer M&S Food head of finance Tristan Phillips appointed Poundstretcher CEO
Phillips has been at Poundstretcher for just over a year, having moved from M&S to become the variety discounter’s finance director in autumn 2022
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NewsTHG buys skincare brand Biossance for ‘less than nothing’
A five-hour bidding process saw THG secure Biossance’s IP, inventory and debtors with a book value of $29m
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NewsCheesegeek smashes crowdfund target to expand into physical retail
The brand hopes to shift consumers towards buying better-quality cheeses rather than mass-produced products at the supermarket
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NewsCarlsberg Marston’s Brewing Company to shut Ringwood Brewery
It takes the number of breweries sold or closed by CMBC since 2020 to five
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NewsFrozen food temperature standard overhaul urged as study reveals energy savings
Food and logistics companies say increasing the –18°C frozen food standard will create energy and cost savings in supply chains
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NewsThe Good Crisp Company debuts free-from Pringles alternative in the UK
The launch is being supported by nascent fmcg consultancy Balloon Brand
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NewsFormer Diageo president for Europe John Kennedy returns to role
Kennedy had left Diageo after 27 years in June
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NewsMedia Bites 6 December: Grocery market share, SSP Group, olive oil
Sainsbury’s has claimed its largest increase in market share in more than a decade after stepping up the price war with the German discounters Aldi and Lidl
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NewsCity snapshot: British American Tobacco hit by US economic slowdown and rise of illegal vapes
British American Tobacco is taking a £25bn one-off hit as it writes down the value of its traditional cigarette brands in the US, the London-listed group said this morning in a trading and strategy update.
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NewsValeo Foods urged to 'cease acquisitions and focus on turnaround'
Valeo Foods must focus on turning around its UK snacking business and hold off from acquisitions to avoid any further deterioration in its credit rating, according to Moody’s
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NewsGreen Bridge Gateway launched to assist cannabis businesses with UK and EU market entry
The service would offer a “single point of contact” to medical and consumer CBD companies looking to launch in the markets
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NewsDavinder Jheeta designs 24-hour convenience store in Birmingham
Jheeta has been working with retailers Mike Nijjer and Manpreet Samra since April to create a store that would be the “best version of itself every hour of the day”
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NewsDairy giants pledge to disclose methane emissions for first time
Companies including Nestlé, Danone and General Mills are committing to disclose annual emissions from their dairy supply chains
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NewsConcha y Toro brings forward net zero emissions goal by a decade
The winemaker had been planning to reach the milestone by 2050
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NewsNew immigration rules could herald fresh labour crisis, warn meat producers
The meat sector has warned the plans could affect butcher and abattoir worker numbers
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NewsGlobal food commodity prices finally easing in 2024 after three years of turbulence
Rabobank’s 2024 outlook shows many commodities, such as corn and sugar, returning to stability
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NewsInsane Grain backed by Harry Kane following TikTok push
For almost two months, the brand has been trying to catch Kane’s attention through a series of targeted TikTok posts
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NewsVeg sales fall to lowest point in 50 years
Campaigners said the results showed the impact of the cost of living crisis was making it even harder for families to afford healthier food
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NewsJinro seals bricks & mortar retail debut for soju with Sainsbury’s
Jinro also launched into Ocado in October
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NewsGreene King eyes lower abv opportunity with Prior Life IPA trademark
An image linked to the application showed the beer would have an abv of 3.4%