Archive of all news articles – Page 583
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NewsCity Snapshot: Krispy Kreme lines up $4bn IPO
Doughnut maker Krispy Kreme looks set to be valued at up to $4bn in an upcoming IPO in New York. Plus, Pernod Ricard upgrades profit expectations as pace of recovery quickens.
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NewsSuperdrug rolls out ‘Store Insider’ to connect online shoppers with store staff
The ‘Superdrug Store Insider’ service aims to provide online shoppers with the same level of customer service and advice they could expect when visiting a shop
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NewsMycoprotein specialist Enough raises €42m to fund rapid growth
The vegan protein startup Enough has raised €42m (£36m) of new funding to scale up production
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NewsCJ Lang appoints Steve Irons as wholesale and new channels director
He will lead the development of the business’s presence in the wholesale and foodservices markets
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NewsItsu sells stake to PE house Bridgepoint as grocery sales soar
Asian-inspired brand Itsu has sold a significant minority stake to PE firm Bridgepoint as sales of its grocery brand soars in supermarkets.
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NewsHula Hoops rolls out Big Hoops sharing bags with new flavours
The flavours and new sharing format were a ‘natural step to building growth’ for the brand, said Hula Hoops
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NewsPhil Bones promoted to commercial director role at Bahlsen
Bahlsen said it was “transitioning to a global strategy” which was “devised to increase efficiency and efficacy with new centralised processes”
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News‘Very few’ places where Mere can open stores without being near an existing discounter
However, there are over 250 locations suitable for the Russian retailer if it doesn’t mind being near a Lidl or Aldi
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NewsNestlé to launch plant-based milk alternative Wunda in UK next week
Pitched as ‘the closest thing to milk’ by Nestlé, Wunda will go on sale in Tesco and the Co-op
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NewsM&S study shows UK families are more worried about health and finances post-Covid
The UK-wide survey of 10,000 participants was aimed at identifying how priorities have shifted for families across the country as they emerge from the pandemic
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NewsPremier retailer MJ’s tops £1m in delivered sales
Owner Justin Whittaker said the 30-minute delivery service had “transformed the business” and was now its most profitable division
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NewsHenderson implements recipe management platform to support Natasha’s Law
The system identifies and tracks necessary ingredients, as well as allergen and nutritional information
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NewsMcVitie’s adds chocolate cherry biscuits to V.I.Bs lineup
It comes as consumers aged 16-35 are ‘looking for more flavour innovation’ in the sweet baked goods category, claimed McVitie’s
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NewsKind kicks off ‘Live Kind’ multi-platform campaign
The Mars-owned brand said it aimed to reach 21 million households over the summer
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NewsCity snapshot: Grocery sales slide on hospitality reopening
Grocery sales slipped back 1.6% in the 12 weeks to 13 June, according to Kantar, as the reopening of pubs and restaurants led to reduced spend at UK supermarkets.
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NewsMedia Bites 22 June: Morrisons, Hotel Chocolat, Selfridges
The papers continued to focus on the suprise £5.5bn approach from CD&R for Morrisons this morning, with blanket coverage.
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NewsKerry Group agrees €853m acquisition of preservatives maker Niacet
It follows an announcement on Friday that the Irish group had agreed to sell its UK and Ireland consumer foods business to Moy Park owner Pilgrim’s Pride
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News‘Comprehensive strategy’ for UK food and farming vital, urges agricultural sector
Tariff liberalisation and significant increases in imports from the world’s biggest agricultural exporters threatented to put “severe pressure on farmgate prices”, the NFU said today.
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NewsInnocent hires Sam Akinluyi as UK & Ireland MD
He is a 19 year-veteran of the fmcg sector, having previously worked for Nestle and as grocery channel sales director for Mars
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NewsMorrisons shares balloon more than 30% after it rejects £5.5bn offer
US private equity giant CD&R, which counts former Tesco boss Terry Leahy as an operating partner, now has 28 days under City takeover rules to table a new offer or walk away