Archive of all news articles – Page 643
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City snapshot: B&M hikes profits expectations after strong lockdown sales
The owner of B&M Bargains has hiked its full year profit expectations after sales continued to boom during the second lockdown period this year. Plus, Marston’s asks bondholders to relax financial covenants, Wynnstay acquisitions, Supermarket Income REIT raises more cash to buy supermarkets and all the rest of the latest news from the City
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Orchard House brings in former Premier Foods boss Gavin Darby
The fruit and juice supplier has bought in Gavin Darby following its acquisition by private equity investor Elaghmore
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Media Bites 4 March: Budget, Amazon, Sainsbury’s
The papers are predictably focused on yesterday’s Budget, but find room to cover the opening of Amazon’s first grocery store in the UK.
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Waitrose opens third London fulfilment centre to continue online expansion
The site in Greenford, west London will deliver 25,000 Waitrose.com orders every week
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Amazon launches checkout-less first UK physical store in Ealing
The Amazon Fresh store is a “new convenience grocery format” for the e-commerce giant
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Amazon to debut standard and premium own-label food ranges
Both ranges will debut in Amazon’s new London store and soon be available online
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Supermarkets turn down business rates holiday to avoid repeat of backlash
Tesco also called for major reform of business rates to tackle the problems of the high street
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Sales soar at Steve Bassett’s converted SimplyFresh Sainsbury’s store
SimplyFresh Bitterne Park, which opened on 10 February, is Bassett’s first shop with the SimplyFresh symbol
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Pukka Pies sets out £4.5m bakery investment as it eyes further growth
The pie brand, which took home the Brand of the Year title the 2020 Grocer Gold Awards, plans to enhance manufacturing capacity and capability at the Syston factory as it gears up for future growth.
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Northern Ireland border checks to be phased in from October as tensions with EU grow
In guidance sent to traders and seen by The Grocer, the government confirmed it intends to introduce requirements in four phases from October
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Bestway rolls out partnership with shopping app Jisp
The app offers home delivery, click & collect and scan & go services for local shops
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Scottish wholesalers given relief grants of up to £500k
The Grocer understands applications for aid via the Food and Drink Resilience Fund totalled around £15m
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Booker scraps bulk of Premier promotions in favour of EDLP strategy
The wholesale giant told The Grocer the move was a reaction to customer feedback
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Fish firms need extra post-Brexit bailout to remain afloat, seafood sector warns MPs
Representatives from trade bodies and business also called on government to negotiate with the EU to resolve the border crisis
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Aldi to invest £22m in London expansion this year
The plans include nine new stores to open in the capital, the discounter said today
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RSPCA Assured reports soaring accreditations and recognition
The scheme has seen a 52% increase in products carrying the label since 2016
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🔴 Budget 2021 Live: Chancellor outlines Covid recovery measures
The latest updates for the grocery industry on the B
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Lockdown Liquor eyes retail listings with addition of commercial director
Business launched in April 2020 as an initiative to raise funds for NHS charities
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Bio&Me appoints chief operating officer as it readies for growth
Gut health challenger brand Bio&Me has appointed Mark Isaacson as COO as it prepares to scale the business and launch new products
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Media Bites 3 March: Budget/Furlough, Grocery share, Virgin Wines
Rishi Sunak will announce on Wednesday that the Treasury is extending its furlough scheme until the end of September in an attempt to safeguard jobs as a fragile economy emerges from the Covid-19 emergency