Archive of all news articles – Page 602
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Media Bites 19 May: Australia trade deal, Tesco, Land Securities
UK farmers have sounded the alarm over reports the government plans a trade deal with Australia that would make its food and farming imports cheaper
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City Snapshot: “Outstanding” year for Premier Foods as shoppers flock to its brands
Premier Foods has revealed an “outstanding” year of growth as the pandemic significantly elevated demand for its household brands. Plus, Marston’s falls to big first-half loss as lockdown smashes sales; Chapel Down appoints former Booker chairman to its board; and Russian retail Lenta acquires Moscow rival.
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Executive pay plunges at Tesco as Covid costs and bank charges hit bonus targets
The supermarket declined to pay an annual bonus to its leadership team as it failed to hit profit targets
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Pernod Ricard warns of New Zealand wine brand shortages after poor harvest
The supplier said it had 34% less Marlborough sauvignon blanc this year compared to last year’s vintage
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Unilever to sell all toothpastes in recyclable tubes by 2025
It comes after GSK last week announced it would launch fully recyclable toothpaste tubes
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Central England Co-op cuts food waste by 40% in three years
The society’s food waste levels dropped from 2,445 tonnes in 2017 to 1,085 tonnes in 2020
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M&S makes Machin joint chief operating officer in management shake-up
Machin, who has been M&S Food MD since 2018, will serve alongside Katie Bickerstaffe, who is also being promoted to joint COO
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Kolibri drops CBD from non-alcoholic RTD cocktails in revamp
The brand decided to pause its use of CBD until supermarkets were more open to cannabis drinks, it said
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Tesco says coronavirus still a key risk to the business
Tesco has warned there is still “uncertainty” over the long-term impact of the Covid pandemic
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Five Points Brewing smashes £350k crowdfunding target
London craft brewer Five Points Brewing has raised almost £700,000 in its latest crowdfunding round to help with ambitious plans to build a new showcase brewery and taproom.
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Judith Batchelar to leave Sainsbury’s after 17 years
Batchelar is leaving the supermarket chain to “pursue a range of other interests”
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Moto hires Nikki Rogers as first ever retail director
Rogers will be reporting to Moto’s chief customer officer Nick Tatum
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Tesco scraps Metro format blaming shift in customer habits
In August 2019, the supermarket announced it was carrying out a major overhaul of Metro
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Danone drafts Barry Callebaut CEO Antoine de Saint-Affrique as its new boss
De Saint-Affrique, who has led the Swiss chocolate maker and cocoa processor since 2015, will take up his new role on 15 September
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Warburtons unveils £56m investment plan as demand for non-bread bakery grows
It has unveiled plans for three new distribution depots
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M&S teams up with Real Drinks to relaunch craft beer range
The drinks retailer said the new range would ‘better reflect the market and customer preference in style, abv value and design’
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Nisa retailer Harj Dhasee switches to SimplyFresh’s Sainsbury’s format
Dhasee currently runs two ‘Village Stores’ under a Nisa banner in Mickleton in the Cotswolds
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City snapshot: Surging retail sales drive double digit profit and revenue rise at Cranswick
A surge in retail sales during the pandemic has driven a double-digit rise in annual sales at meat producer Cranswick. Plus, Britvic encourage by recent trading after lockdown hits first half performance and sales and profits rise at Imperial Brands.
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Media Bites 18 May: Hospitality, Danone, Costa Coffee
Close to a million people went back to work on Monday in more than 50,000 bars, restaurants and hotels across the UK even as business owners questioned longer term reopening plans given the rapid spread of a new Covid-19 variant.
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Snack a Jacks to undergo non-HFSS reformulation
Kickin’ Sweet Chilli Crispies and Smooooth Caramel Jumbo Ricecakes will be the first to undergo a recipe change