All news articles – Page 627
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NewsFood fraud ‘alive and well’ as news of beef fraud probe emerges
The FSA’s National Food Crime Unit is investigating a case where a supplier passed off foreign sliced beef as British in one (unnamed) major supermarket
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NewsTop Defra boss accept shortfalls with seasonal worker calculations
Gill Laishley, deputy director of food and rural affairs, said the government department was ‘trying to establish a better evidence-based system’
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NewsIGD appoints Tesco’s quality chief as new CEO
Sarah Bradbury will take the reins from 3 July, replacing current CEO Susan Barratt, who will step down on 30 June
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NewsViolence and abuse against shopworkers remains above pre-pandemic levels
According to retail trade union Usdaw 74% have experienced verbal abuse, 49% were threatened by a customer, and 8% were assaulted over the past year
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NewsCity News: Greggs shares under pressure as stubborn inflation eats into profits
It was mixed picture for Greggs this week as the high street bakery chain revealed a 23% jump in 2022 revenues to £1.5bn but a mere 1.9% increase in pre-tax profits to £148.3m as soaring inflation ate into the bottom line.
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NewsMorrisons axes property maintenance suppliers
Morrisons staff jobs are also at risk, though the numbers involved are unclear
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NewsIP law firm sets out to ‘revise thinking’ on copycats
Stobbs commissioned its review of evidence on ‘the psychology of lookalikes’ to challenge the legal notion that having a different brand name is sufficient to avoid customer confusion or deception
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NewsCity snapshot: EG Group reports ‘resilient’ 2022 as it sells off chunk of US sites for $1.5bn
Forecourt giant EG Group has delivered “a highly resilient” performance in 2022 despite the challenging macro-economic environment. The group also announced a $1.5bn sale and leaseback on a portfolio of sites on the east coast of the US to help reduce its mountain of debt
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NewsBig Prawn creditors owed £23m-plus when shellfish supplier collapsed
The majority of the money owed isn’t expected to be repaid, the report by administrator Kroll revealed
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NewsCompleat Food picks up assets from collapsed Vale of Mowbray
The historic Yorkshire-based business, which started making pork pies in 1928, appointed administrators from FRP in September last year after struggling to cope with soaring input cost inflation and higher energy bills.
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NewsYeo Valley sees profits wiped out by cost inflation
Yeo Valley Organic’s production arm has fallen into the red for the first time since the credit crunch in 2008
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NewsMedia Bites 10 March: Fruit & veg shortages, Tesco, Morrisons, Boots
Supermarkets have begun to remove some of their purchase limits on fresh fruit and vegetables, introduced after widespread salad shortages and gaps on shelves.
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NewsTesco threatens range reviews unless suppliers pay new fulfilment fee
Fulfilment fees will be applied on a pence per unit basis, with branded suppliers paying a significant premium
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NewsTyphoo Tea to shutter Merseyside factory, affecting up to 90 jobs
The company is exploring options for a new site but said it would be at least a year before a suitable location was ready
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NewsAmazon faces class action lawsuit threat from suppliers
Powerful coalition of UK, US and European lawyers will work on behalf of suppliers to challenge anti-competitive behaviour
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NewsInvestors salivating as ‘distressed’ Morrisons mulls selling off stores
Such a move could be ‘disastrous’ for Morrisons in the long-term thanks to depressed valuations, according to a property source
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NewsSurvey reveals ‘staggering’ lack of preparedness for Coffey’s packaging waste overhaul
The emergency government working group set up by environment secretary Therese Coffey is facing up to 800 unanswered questions from companies and trade bodies
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NewsCBD brand Trip becomes ‘fastest-growing’ soft drink in the UK
The brand claims to hold 88% of the total CBD drinks market share
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NewsRapid grocer Getir slashes price on quarter of products
Getir will slash the price of 500 products throughout March
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NewsCadbury Mini Eggs prices rising by 25% in run-up to Easter
Prices of Cadbury Mini Egg SKUs have soared across the traditional big four supermarkets