Archive of all news articles – Page 558
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News
Interpath Advisory appoints former Tesco director as special advisor for fmcg clients
Restructuring practice Interpath Advisory has appointed consumer market and retail specialist Christine Cross as a special advisor
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Scotmid and Southern Co-op to step up electronic shelf labelling trial to 23 stores
Cambridge-based technology integrator Herbert Retail will be driving the rollout over the coming months
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John West repositions itself as a health and nutrition brand
The canned seafood giant said it hoped to entice younger shoppers and to make a clearer link between canned fish and functional benefits
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Genie Drinks gets major rebrand and shifts kombuchas into cans
The changes would ‘radically’ shake up the brand’s on-shelf presence, said Genie
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Shell rescues 38 tonnes of food with Too Good To Go partnership
Shell expects to have saved 120 tonnes of food by the end of the year.
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Sainsbury’s dismisses claims it cut ties with GB News over Farage comments
Anti-Brexit protest group Led by Donkeys launched a campaign against Sainsbury’s due to its advertising on GB News
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Iceland doubles rewards for ‘Bonus Card’ members in August
Until 31 August, members will get a £2 bonus for every £20 they save up in the scheme, up from the usual £1
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HGV crisis: empty shelves as supermarkets hit by crisps shortages
Images of empty shelves in the crisps aisles in Co-op hit social media this week, with users claiming they had also seen range gaps in Sainsbury’s
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Jameson makes flavoured spirits move with new orange drink
Jameson Orange rings in at 30% abv – meaning it is not officially deemed a whiskey
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City snapshot: Retail sales growth slows as pubs and restaurants reopen
Retail sales continued to grow in July as Covid restrictions eased, but the pace of growth slowed as the reopening of pubs and restaurants dampened spending in shops. Plus, HelloFresh ups sales guidance, but reduces profits expectations and all the rest of the latest news from the City.
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Media Bites 10 August: Deliveroo/Delivery Hero, Morrisons, Vectura
The papers are filled with news of takeover activity as Deliveroo, Morrisons and Vectura are all in focus.
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Deliveroo shares hit new highs after Delivery Hero buys stake
Shares at Deliveroo have made a strong recovery today after German rival Delivery Hero grabbed a slice of the London-listed food delivery service.
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Valeo swoops for meat snacks group NWFE
Valeo Foods has announced its first acquisition since its acquisition by Bain Capital, buying UK meat snacks group New World Foods Europe.
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Aldi to create 2,000 new roles amid store expansion plans
Most of the available roles will be for store assistants, store apprentices, caretakers and cleaners as well as managerial positions
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Helping Hand project helps Higgidy secure B Corp certification
The upmarket savoury pastries brand achieved high scores in the governance, workers and community categories, it said
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French wine production predicted to fall to ‘historic lows’ this year
Wine volumes are expected to tumble by up to 30% in the coming harvest
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Poundland offers to pay for drivers to upgrade to HGV 1 licences
The discounter said getting the HGV 1 licence could cost up to £2,000
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City Snapshot: CD&R Morrisons deadline extended as bidding war looms
Clayton, Dubilier & Rice has been granted an extension on today’s ‘put-up or shut-up’ takeover deadline to weigh up whether to make a higher bid for Morrisons. Plus, the takeover battle for Vectura intensifies between Philip Morris and Carlyle; and McColl’s shares plunge as it confirms potential fundraise.
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Media Bites 9 August: Morrisons, Asda, Philip Morris/Vectura
Terry Leahy is scrambling to convince partners at American private equity firm Clayton Dubilier & Rice to back a 280p-a-share bid for Morrisons
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City News: Greggs back in profitability but rising costs worry investors
High street stalwart Greggs roared back to growth and profitability in the first half of 2021, but the looming spectre of rising costs dented investor confidence this week