All news articles – Page 629
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NewsCity snapshot: Bakkavor pushes revenues beyond £2bn but soaring costs weigh on profits
Bakkavor has reported a “robust” annual performance as like-for-like revenues exceeded £2bn but profits were weighed down by inflationary headwinds totalling more than £200m
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NewsMedia Bites 8 March: Greggs, Premier Foods, salmon farms
Coverage of Greggs’ annual results makes all the papers this morning.
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NewsNestlé adds Kit Kat Cereal to breakfast lineup
The product is billed as capturing the ‘essence of the original chocolate bar’
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NewsDoritos and Burger King team up for Whopper tortilla chips
The new tortilla chips tasted ‘deliciously close’ to BK’s flagship burger, said PepsiCo
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NewsHelloFresh sales hit record highs in 2022 but shares sink as it guides for slower growth
Revenues at HelloFresh hit a new record of €7.6bn in 2022 as it shipped more than one-billion meals to customers
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NewsHuel brings in Wagamama finance chief as new CFO
Fast-growing meal replacement brand Huel has appointed the CFO at restaurant chain Wagamama as its chief financial officer
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NewsAsda launches 150 new product lines for Ramadan
The supermarket will also be launching dedicated Ramadan aisles in 150 stores
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NewsCBD brand Trip extends partnership with meditation app Calm
The deal sees Trip’s DTC customers receiving a free subscription to the premium version of the paid-for, top-ranking app
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NewsLivestock bodies raise further doubts over Lancet meat data linking consumption to deaths
AHDB, the Association of Independent Meat Suppliers and the British Meat Processors Association have called on The Lancet to withdraw the data in question
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NewsFood and drink SMEs abandon automation plans to survive
Across companies of all sizes, just over a third made zero investment in automation through 2022
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NewsStrongbow unveils radical new look backed by £20m spend
It also sees the addition of a 4% abv Tropical variant
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NewsVape sector ‘dodging legal obligation to fund recycling’
Just 16 of the more than 150 biggest vape brands have registered to comply with environmental regulations concerning electrical waste
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NewsPremier Foods shares soar on surprise profits upgrade
The group said, in a short unscheduled trading update, that it had continued to trade “strongly” in recent weeks, building on the momentum of the third quarter
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NewsTesco donates 4,000 coats to keep families warm in big freeze
With temperatures across the UK plunging this week, the supermarket is giving 2,000 coats to the Salvation Army and 1,000 to food redistribution charity FareShare
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NewsDiscounters continue to grab market share as shoppers chase lowest prices
Shoppers have continued to flock to the discounters to cope with soaring grocery bills as volumes in supermarkets tumble, according to latest market data
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NewsPleese launches trio of frozen cheesecake desserts into retail
The NPD, which is ‘not ice cream’ comprises ‘at least 35% cream cheese’, mixed with biscuit pieces and flavoured sauces
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NewsCity snapshot: Record store openings drive sales boom for Greggs
Revenues at Greggs have soared as the high street bakery chain opened a record number of new shops in 2022
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NewsMedia Bites 7 March: Starbucks, Gousto, consumer spending
Starbucks has shelved plans to sell off its owner-operated UK coffee shops and instead committed to opening 100 outlets this year.
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NewsSugro partners with PepsiCo to test marketing profiling tech
The two businesses are using B2B Store’s digital advertising technology to run a series of tests, with the goal of identifying variables that drive improved online sales
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NewsJW Filshill appoints Laurence Ward as development manager for east and north of Scotland
Ward joins the business having previously held the position of operations manager at Batleys Edinburgh