Archive of all news articles – Page 723
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Booths expands concession offerings with chocolate counter
The upmarket grocer has partnered with British bespoke chocolate brand Montezuma’s
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Denzel’s dog snack brand secures six-figure investment
Denzel’s will spend the money on expanding its product range and building the team
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Media Bites 15 October: EG Group, Ocado, Just Eat
Deloitte has resigned as auditor of EG Group, the UK petrol stations company whose billionaire owners just agreed a £6.8bn takeover of grocery chain Asda, because of concerns over its governance and internal controls.
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City snapshot: Marston’s to cut up to 2,150 jobs amid new coronavirus restrictions
Pub and brewing company Marston’s is to cut 2,150 roles after the coronavirus lockdown and ongoing restrictions have had a “material” impact on its trading. Plus, new chairman at BAT, Domino’s Pizza sees sales uplift, Distil benefits from drinking at home and all the rest of the latest news from the City.
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Whole Foods Market links with Infarm for in-store vertical herb farms
Whole Foods stores in Kensington and Fulham will be the first to receive the units
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Boparan rescues burger chain GBK from administration
2 Sisters owner Boparan has continued its push into casual dining, with the rescue of the GBK burger brand from administration
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Livekindly Co raises $135m to accelerate expansion of plant-based brands portfolio
Plant-based brand collective The Livekindly Co has raised $135m (£104m) to accelerate its mission to transform the global “unsustainable meat-centric food system”, including developing chicken and egg alternatives.
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Yumello raises £100k growth funding from its online community
Fast-growing nut butter startup Yumello has raised £100,000 directly from its online customers in just two weeks to help fuel expansion.
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Plant-based brands figure strongly in Tesco’s latest list of Incubator brands
The brands will benefit from a year’s programme of support and expertise
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Regal Wholesale reports soaring sales during the pandemic
Sales of home, health and hygiene products doubled from March to July
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Commercial tenants and landlords ‘co-operating more’ over unpaid rent
Figures from Remit Consulting suggest retail had paid 54.7% of its bill by seven days into the latest quarter, which started at the end of September
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Bord Bia launches first-ever TV ad push to promote Irish beef
The ’It’s All Right Here’ campaign will highlight the benefits of Ireland’s grass-fed system
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Asda launches ‘store within store’ concept with toy retailer The Entertainer
The concepts will launch early next year, with The Entertainer having responsibility for range, pricing and merchandising
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Morrisons unveils hassle-free £50 Christmas dinner box
The retailer said the box would ‘take the stress out of festive food shopping’
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Asda invests £6m into lowering free-from essentials prices
Prices have been reduced by as much as 78% across a range of free-from staples
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Treasury Wine Estates pours 19 Crimes into bag-in-box format
The new format was developed “to offer a premium and sustainable format option to the brand’s engaged millennial audience”
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City Snapshot: Just Eat sales surge 46% in Q3 as coronavirus restrictions return
Takeaway giant Just Eat has enjoyed a 46% surge in global sales in the third quarter as the coronavirus pandemic kept consumers at home. Plus, Bakkavor CFO Pete Gates retires, Devro appoints a new CFO, Stock Spirits issues a trading update and Nestle completes its acquisition of Aimmune Therapeutics.
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Media Bites 14 Oct: Grocery market share, Amazon, Tesco
Alcohol sales at supermarkets soared in recent weeks after the Government imposed a 10pm curfew on pubs and bars
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Kingsland Drinks launches quartet of premixed cocktail RTDs
The four-strong range comprises Gin & Diet Tonic, Gin & Tonic, Pink Gin & Tonic, and Vodka, Lemonade & Lime
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Hunter & Gather launches trio of ‘truly ketogenic’ ketchups
The launch follows the brand unveiling a new look earlier this month