All news articles – Page 652
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NewsBottle of Kylie Minogue 0% abv wine 'sold every 10 seconds'
As many as 4,500 bottles per week were being sold in December 2022 alone, according to the distributor
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NewsCity snapshot: ABF sales jump as commodity costs and inflation ease
Associated British Foods grew revenues by 20% in the quarter encompassing Christmas as it benefited from a less volatile inflationary environment, easing commodity costs and ‘resilient’ consumer spending
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NewsDeal values plunge as inflation and lack of debt hit M&A
Deal values in the food and drink industry slumped in 2022 as suppliers battled spiralling costs, consumers cut back on spending and private equity firms had a harder time securing debt for M&A, according to a new report.
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NewsMedia Bites 24 January: Tesco, Sainsbury’s, Chapel Down
The main retail story in this morning’s papers covers the fallout from Tesco chairman John Allan’s comments that food companies may be using inflation as an excuse to increase prices further than necessary
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NewsTesco to use waste ocean plastic for fresh fish packaging
From next week, many of the supermarket’s fresh salmon, haddock, cod and sea bass lines will be sold in trays that contain at least 30% recycled coastal plastic
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NewsBoots invites job applications from those affected by Lloyds Pharmacy closures
Boots has more than 1,500 pharmacy roles to fill nationwide, spanning all levels from pharmacy advisors and trainee pharmacists to experienced pharmacists looking to develop their careers, it has said
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NewsBidcorp UK acquires Suffolk-based wholesaler Thomas Ridley Foodservice
Formerly a member of the Country Range group, Thomas Ridley has over 2,000 catering and hospitality customers throughout London and East Anglia
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NewsCérélia acquisition of dough brand Jus-Rol rolled back by CMA
The deals watchdog has blocked the French bakery giant’s acquisition of the ready-to-bake pastry brand following concerns it will push up prices for shoppers and lower product quality
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NewsKitche adds app feature to track anti-waste efforts on the environment
Since launching three years ago, Kitche has achieved over 50,000 downloads in the UK and gained over 10,000 followers across its social channels
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NewsApple growers stop planting as cost of production soars
The growers group carried out a survey of its members and found that 150,000 new apple and pear trees have been cancelled this season
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NewsWaitrose makes Duchy teabags fully compostable
All bags sold in its Duchy range are now certified compostable
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NewsMackie’s of Scotland appoints Stuart Common as MD
Common, who steps into the position from his previous role as sales and marketing director, has worked at the Aberdeenshire family business for more than 16 years
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NewsTesco chairman faces backlash after accusing suppliers of cost of living ‘profiteering’
NFU president Minette Batters led the backlash against Allan’s remarks, saying she was “baffled”
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NewsThousands of firms to go bust without energy bailout rethink
Earlier this month the government announced a £5.5bn package of support, due to come in from April, as part of a drastic scaling back of help for companies
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NewsPremier Foods adds Ambrosia desserts and Angel Delight variant
The additions would help ‘meet consumer demand for healthier, convenient dessert snack options’, said Premier
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NewsHotel Chocolat’s new stores will focus on destination retail outlets
The chocolatier plans to add 50 stores over the next three years
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NewsDash Water closes £9m round to shake up soft drinks market
Co-founder Alex Wright called the £8.7m series A round “big moment” for the business.
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NewsLove Cocoa scores multimillion-pound backing to open luxury chocolate stores
Love Cocoa has ambitious plans to take the fight to rival premium chocolatier Hotel Chocolat by opening 10 bricks-and-mortar outlets over the next three years
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NewsCity snapshot: Revenues sparkle at Chapel Down as market share grows
Sparkling wine sales at English producer Chapel Down have fizzed 53% higher as a record number of bottles of its premium offering were sold last year. Plus, consumer confidence turns a corner in the UK following 15 months of decline
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NewsMedia Bites 23 Jan: Asda/EG Group, Tesco, Morrisons
The billionaire owners of Asda are exploring a merger of the supermarket and their UK petrol forecourts business in a blockbuster deal that would create a retail giant worth more than £10bn





