Archive of all news articles – Page 570
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Leyland embarks on ‘crazy’ bike ride to raise money for GroceryAid
“I must be crazy,” said Leyland, an occasional cyclist whose bulky 6’1” frame is best suited to flat terrain
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Media Bites 19 July: Ocado, Morrisons, PMI
Ocado has cancelled thousands of orders after a fire at a fulfilment centre in south-east London on Friday
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City Snapshot: Parsley Box sales soar in H1 but board warns of slowdown as Covid restrictions end
Revenues at DTC meal delivery firm Parsley Box have soared following its IPO earlier this year as the pandemic continued to drive the number of customers using the service to record levels. However, its shares have tanked 20% this morning on worries over the long-term sustainability of the DTC model as Covid restrictions are fully lifted in the UK.
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Tesco announces fruit & veg donation scheme to aid children’s hunger crisis
Tesco said it expected to sell enough fruit and veg to donate up to three million meals to the charity
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Supermarkets back Henry Dimbleby’s call for mandatory reporting on healthy sales
The report claimed that the government’s voluntary reformulation programme had failed
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City News: Tate & Lyle’s long-awaited split gets tepid investor response
Another week, another US private equity giant snaps up a UK-listed asset
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Weetabix benefits from Covid breakfast boom to see sales rise
A resurgence of breakfasting during the pandemic helped Weetabix grow sales and profits last year, though pantry loading and reduced on-the-go consumption have hit volumes so far in 2021
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Farmdrop sinks further into the red despite soaring pandemic sales
Fresh produce delivery service Farmdrop lost a further £10m last year despite a spike in sales during the pandemic, leading its auditor to warn it requires significant funding to continue
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Ex-Dune boss James Cox and food industry veteran Gary Linsell join Fresca Group
The pair come in as chief financial officer and MD of The Fresh Produce Centre, respectively
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Poundstretcher’s estate shrinks by 75 stores in year following CVA
The net decline comes despite Poundstretcher also opening stores, meaning the number to have closed will be higher
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First Milk sees revenue and profit growth in ‘strong’ financial year
The dairy co-op saw operating profit grow by 8%, while turnover hit just under £300m
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Pladis relaunches Carr’s biscuits brand with new look and SKUs
The redesign features a brand-new logo playing up Carr’s Cumbrian heritage
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Ritter Sport targets impulse sales with first portion-controlled range
Each SKU contains two 16.8g bars, offering less than 100 calories per portion
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VOA accused of laying groundwork for delay to business rates revaluation
The VOA this week expressed concern not enough businesses were submitting rent information needed for the next adjustment to the tax, due in 2023, to properly reflect the impact of the pandemic
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Poultry tech launched to enable full traceability across sector
Poultry Sense uses a range of sensors that capture real-time data in poultry houses
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Sainsbury’s hikes distribution rates due to driver shortage
It came after its primary partner Warrens Group, an arm of Culina, increased its rates
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Driver wages must rise further to ease crisis, industry says
Pay hikes are so far failing to draw enough recruits, the industry has warned
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Bonnie & Wild food hall showcases four retailers with Edinburgh opening
With a focus on responsibly sourced quality Scottish food, it features independent food stalls and speciality retailers
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Thai Union sustainability lead Darian McBain steps down
McBain’s tenure at John West’s owner has led to a turnaround in the company’s image
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Hauliers ‘boycotting’ Lidl over driver shortage response
A lack of drivers across the UK is forcing haulage companies to rationalise their supermarket deliveries