Archive of all news articles – Page 557
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Media Bites 12 August: Deliveroo, Vectura, Pret a Manger, John Lewis
Deliveroo’s first set of results since floating on the LSE back in March catch the papers interest this morning, along with the ongoing takeover saga at Vectura.
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Diageo grows agave spirits offering with Mezcal Unión deal
Drinks giant Diageo has expanded its fast-growing agave spirits range with the acquisition of Mexican mezcal brand Mezcal Unión for an undisclosed sum
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Paul Baker to replace Tony Grace as Smiths News chief financial officer
Current CFO Tony Grace is set to retire on 31 December
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Spar launches new own-label range of household products
The 12-strong range will debut in participating stores across the UK this week
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Mere on the hunt for buyers and store staff to support UK growth plans
The hard discounter is set to begin a recruitment push within weeks of opening its first UK store this Saturday
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Canned fish sales dip below pre-pandemic levels as economy opens up
Chilled and frozen fish remained in double-digit value sales growth against 2019, according to Kantar
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Iceland recruits Timmy Mallett to push ‘retro’ lolly range in online videos
The ‘zany’ 1980s kids’ TV host will taste and rate Iceland’s exclusive range of ‘retro sweet shop favourites’
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Nestlé launches online platform highlighting ‘complex’ issues around palm oil
The platform would help shoppers ‘understand the issues and make better informed decisions when choosing products’, said Nestlé
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Cotteswold Dairy sees strong growth on back of lockdown jump in demand
The doorstep milk delivery specialist saw profits grow by almost 48% last year, latest accounts have shown
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Dark store grocery model elements ‘make a lot of sense’ says Deliveroo chief
Deliveroo makes a £2.10 per order gross profit per order for grocery orders, compared with £2.40 per restaurant takeaway
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Tim Fairs joins Bestway Wholesale from McColl’s
Fairs spent three-and-a-half years at McColl’s as customer director
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Hill Biscuits brings in former Pladis boss after Paul Monk steps down as chairman
Nick Bunker has previoysly held senior roles at KP Snacks and Mondelez
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Warburtons recruits for distribution roles at new Bognor Regis depot
The baker is currently recruiting drivers and warehouse team members to support the operation of its new 35,000 sq ft distribution site
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Mondelez to bring French biscuit brand Lu to the UK
The four-strong range will offer customers the ‘quintessential taste of France to enjoy at home’, said Lu
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Asda invests in foodservice brand-maker startup Lean Kitchen Network
Asda first partnered with LKN in December with the launch of café concept House of Yum at its Clapham Junction store
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Driver crisis: Neither army nor longer hours will solve it, say hauliers
The temporary relaxation of drivers’ hours that was due to end on Sunday has been extended to October
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Media Bites 11 Aug: Philip Morris, Tesco, Morrisons
Philip Morris is in pole in the race to by Vectura after rival Carlyle effectively pulled out of auction
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City Snapshot: Deliveroo beats expectations as lockdown takeaway habits prove resilient
Deliveroo has grown ahead of expectations in 2021 as demand for the delivery service proved resilient even with Covid restrictions easing. Plus, the takeover battle for pharma company Vectura will not head into an auction after US PE suitor Carlyle refused to put in a higher bid.
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Deliveroo nabs Amazon’s Devesh Mishra to lead tech organisation
Mishra had been with Amazon for 16 years, working most recently as VP, global supply chain
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Gousto to reroute undeliverable meal kits to the vulnerable through FareShare
Meal kits that cannot be delivered to customers will instead be taken by Gousto’s courier partner DPD to a FareShare warehouse