All news articles – Page 738
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NewsMedia Bites 1 August: Procter & Gamble, Iceland, Waitrose
People are economising and are switching to cheaper store brands as they grow resistant to higher prices, Procter & Gamble has warned
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NewsTikTok selling fresh food for first time in UK
As of today (1 August), TikTok users can purchase fresh food on the platform from the relevant brand’s TikTok Shop page
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![Diageo lead image[1]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/8/5/2/270852_diageoleadimage1_489513.jpg)
NewsCity News: Diageo revenues soar as drinkers flock back to leisure and travel
Drinkers have toasted the return of the leisure and travel sector by sending Diageo’s revenues soaring
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NewsEconomic instability blamed for decrease in food & drink dealmaking
While deal volumes have largely settled in the mid-30s since a post-Covid spike in the first quarter of 2021, Q2 2022 saw deal numbers drop to just 26
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NewsGlobal giants raise growth targets as prices keep rising
Unilever, Danone, Reckitt Benckiser and Nestlé were among those to report higher-than-expected quarterly sales figures this week
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NewsFTAs with Australia and New Zealand queried again over standards
The playing field is uneven, according to a new report, which warns the government against similar approaches to future deals
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NewsP&G warns of $3.3bn hit in year ahead from rising costs as price hikes help sales growth
Price rises pushed through by Procter & Gamble have helped increase sales at the US consumer products group, but it warned of another year of “significant” headwinds ahead.
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NewsIceland extends Uber Eats partnership to Northern Ireland
Iceland began partnering with Uber Eats in London during the pandemic-driven online boom of 2020, and now offers the service from over 300 stores
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NewsJack Hancock to head up M&A and strategy at Meadow Foods
Hancock joined the Cheshire-based business in 2007 – leading several transformational projects
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NewsJJ Foodservice opens conference to new suppliers for first time in bid to expand range
The business said that it followed increased demand from suppliers, including key fmcg brands, to access its purchasing department
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NewsPilgrim’s UK invests £10m into sustainability projects
The investment will fund a series of process innovations and operational improvements
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NewsMaltesers sharing packs shrunk as owner Mars cracks down on costs
Its 189g Maltesers packs have been swapped for 175g packs
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NewsPlastic bag use down 97% since charges introduced, new figures show
The data suggest the war on plastic bags is back on track after being dealt a major blow during the pandemic
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NewsCo-op job losses plan linked to £47m spending cut
The Grocer has seen a communication from CEO Shirine Khoury-Haq to staff that provides more clarity on the move
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NewsIceland’s ‘weekly shop in one click’ rises from £40 to £60 while growing from 30 to 40 products
The average price per item has risen by 12.8%, from £1.33 to £1.50
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NewsMore than half of ‘flagship’ products HFSS, claims survey
The claims by Action on Sugar/Salt and ShareAction come ahead of October’s start of the clampdown on HFSS promotions
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NewsCity Snapshot: Food and drink reformulation drives Kerry Group sales surge
Kerry Group has posted double-digit first half growth on higher sales volumes and prices as demand for ingredients to drive food and drink reformulation drove increased sales
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NewsMedia Bites 29 July: Diageo, Nestlé, Amazon
Results from Diageo, Nestlé and Amazon make headlines this morning.
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NewsFWD urges incoming PM to tackle inflation and support food distributors
In a letter to Rishi Sunak and Liz Truss, the FWD said its members had been disproportionately affected by the pandemic, labour shortages and the Ukraine war
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NewsYorkshire Tea growth pushes Bettys & Taylors sales past £250m but rising costs hit profits
Elevated demand for Yorkshire Tea and Taylors of Harrogate has pushed revenues at owner Bettys & Taylors Group above a quarter of a billion pounds for the first time, but rising costs dented profits.