Archive of all news articles – Page 70
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News
City News: Reckitt Benckiser shares slump after ‘unsatisfactory’ results
Consumer goods giant Reckitt Benckiser saw its share slump this week as its 2023 sales underperformed City expectations following an “unsatisfactory” fourth quarter.
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Aldi introduces parcel lockers outside stores
The lockers, from provider InPost, can be used by customers to collect and return online orders from other retailers
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Entegra to work with existing and new suppliers to deliver Better Food & Drink contract
The procurement service said it would work closely with national and regional suppliers to fulfil the £100m public contract, easing industry concerns of anti-competition
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Ornua Foods UK appoints new marketing director
Nicola Blackmore-Squires will be responsible for the development of “powerful and distinctive” positionings for Ornua’s brands
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Aldi salad supplier UK Salads appoints administrators
The Aldi salad supplier has appointed administrators, with The Grocer understanding that unsecured creditors will be owed as much as £10m
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M&S wins High Court victory over Michael Gove’s Marble Arch store decision
The High Court found the decision taken by Gove as levelling up secretary last summer was unlawful
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Barista Bar plans to become ‘biggest convenience coffee brand in Scotland’
The brand plans to open eight to 10 sites over the next months across CJ Lang stores and independent retailers
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Ocado threatens to sue M&S over final joint venture payment
The joint venture with Ocado Retail has not met undisclosed performance targets, meaning M&S will not automatically pay the full final instalment of £191m
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Whole Foods Market turns to UK ‘staples’ in bid to win back shoppers
The 141 UK “staple” brands include lines from Heinz, Marmite and Ambrosia
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Central Co-op suffers almost 60% surge in retail crime
Central Co-op is urging MPs to support the amendment and calling on PCC candidates to pledge their commitment to tackling retail crime
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Baby formula price war looms as Aldi undercuts Iceland’s ‘cheapest’ claim
Aldi made the change to its Mamia line, the day after Iceland launched what it claimed was the “cheapest” formula product on the market
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FDF warns of consumer confusion after report links UPFs to health risks
The FDF said it was more important for shoppers to focus on levels of consumption of fat, salt and sugar
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Asda reveals record pay offer as it defends investment in staff
Asda hourly paid store staff will get an 8.4% increase, with rates rising to £12.04 in July
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Nomad Foods predicts 2024 volume growth as frozen trend rebounds
The Birds Eye owner has surpassed expectations with a record financial performance last year, with the frozen foods giant forecasting a return to volume growth in 2024
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Ex-football star Ian Wright kicks off direct-to-consumer pie venture
The range has debuted with a limited-edition Roast Chicken, Sage & Onion pie in two sizes
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City snapshot: Wincanton recommends new £762m offer from GXO
The board of British logistics giant Wincanton have recommended shareholders accept the new offer £764m from GXO after the US business gazumped French rival Ceva
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Media Bites 1 March: Sainsbury’s, Ocado, Asda, UPF, Bud Light
In a busy morning of F&B news, the papers focus on job cuts at Sainsbury’s and a growing rift between Ocado and M&S
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Filco Supermarkets opens first store under Together With Morrisons fascia
The fascia has launched at its 5,500 sq ft store in Taibach, Port Talbot. Filco said it would convert the remaining eight stores by the summer
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Aldi tracking soft plastic recycling from store collection to end product
The discounter is working with the Flexible Plastic Fund to track soft plastic on its recycling journey
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St Austell Brewery unveils major brand refresh for Proper Job
The uplift was Proper Job’s first for six years, and its biggest ever, St Austell said