Archive of all news articles – Page 644
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News
City snapshot: Profits evaporate at Vimto owner Nichols in face of Covid crisis
Vimto maker Nichols has experienced a dramatic slump in sales and profits as it faced the “unequalled challenges” presented by the Covid pandemic. Plus, fierce competition keeps food inflation in check, according to the latest BRC-Nielsen shop price index for February. There are also trading updates from DS Smith and Smiths News.
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Pukka adds chicken & bacon option to pie lineup
The new flavour pairs chicken breast with smoked diced bacon in a creamy sauce
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Mars Wrigley hires Adam Grant as UK boss
It marks the first time an external hire has taken on the role of UK GM at Mars Wrigley
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Emmanuel Faber agrees to step down as Danone CEO
French dairy giant agrees to split chairman and CEO role, meaning it will search for a new chief exec following shareholder pressure
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Eustice calls on companies to step up Covid testing as funding extended until Summer
The government has extended funding for three months but only for companies who register by end of March
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Seafood supplier Sco-Fro netted by Japan’s Nishimoto Co
Established in 1975 by founder and chairman Stanley Bernard, Sco-Fro is one the UK’s largest importers of own-label noodles and frozen sushi and surimi.
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Lindt sweetens global decline with rising UK sales
A strong performance in the UK helped Lindt offset declines across the world as the coronavirus pandemic disrupted several areas of the Swiss confectionery giant’s business.
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Farmison appoints KPMG to explore investment options
The Yorkshire-headquartered meat delivery firm is targeting sales of £100m with ambitious plans to continue disrupting the ind
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Trade commission sets out ‘nuanced’ tariff proposal for post-Brexit trade deals
The commission set out 22 recommendation as part of proposals for a new agri-food trade strategy
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Post Office partners with Amazon in click & collect trial
The new partnership will enable customers to pick up parcels ordered via Amazon from their nearest Post Office
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John Lewis products to be added to 250 Waitrose stores
The retailer plans to add John Lewis products to its entire 331-strong store estate over the next two years
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Crumpton Oaks claims cider first with Cherry & Berry flavour launch
Crumpton Oaks is claiming a first to market with a new Cherry & Berry cider
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19 Crimes adds coffee-blended The Deported wine to range
The wine is a red blend infused with Colombian cold brew coffee
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Waitrose reports 10% hike in sales of Duchy Organic products
Waitrose has also rebranded the packaging of the 300-strong Duchy range to reflect its sustainability-led values
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Müller teams up with sprint star Asher-Smith for new yoghurt line
Müller Corner Creations by Dina Asher-Smith will go on sale in a six-pack format in Asda and Morrisons from March
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Nisa retailers raise £100k with Making a Difference Locally collection tins
The symbol group’s charity tins were launched in 1,000 shops across the UK and Ireland in April 2017
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Fat reduction targets could prevent millions from becoming obese, study shows
Research by the Wolfson Institute says a fat reduction model would be an effective strategy to reduce excessive calories in manufactured and out-of-home food
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Patch bamboo plasters to hit more retailers
Its plasters are made with natural bamboo fibre alongside activated charcoal, aloe vera and coconut oil
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Planning documents indicate Amazon’s first UK store will be Fresh format
Amazon has three main formats of physical food stores: Fresh, Go and Go Grocery
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City snapshot: Grocery sales growth hits eight month high in February
Grocery industry sales growth accelerated to its highest level since June 2020 during February as the latest national restrictions curtailed spending in cafés, restaurants and pubs. Plus trading updates from Hotel Chocolat, HelloFresh and Virgin Wines starts trading on the stock exchange.