Archive of all news articles – Page 769
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Poundland plans to build flats above its first-ever freehold store
Poundland bought the historic site in Elgin to pay for repairs itself after the council served a dangerous building notice
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City snapshot: Reckitt brands clean up amid coronavirus demand spike
Sales and profits have soared at Reckitt Benckiser in the first half as hygiene-conscious consumers flocked to buy its disinfectant brands during the Covid-19 outbreak. Plus, on a busy morning trading updates from Greencore, AG Barr, Greggs and B&M and all the rest of the latest news from the City.
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Media Bites 28 July: Amazon, Walgreens Boots, Online sales tax
Amazon is to offer free grocery delivery to millions of customers in a massive expansion of the company’s Fresh food network, throwing down the gauntlet to traditional supermarkets
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Bidfood parent back in profit ahead of Covid-19 outbreak
Bidfood parent company BFS Group has bounced back into the black in its latest financial year, positioning the foodservice wholesaler in a stronger position ahead of the coronavirus outbreak.
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Amazon makes free grocery delivery a Prime perk, rolls out rapid one-hour delivery
The free delivery perk is being rolled out to Prime members in London and the Home Counties from today
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Food and drink deals decline but activity still ‘surprisingly high’
UK food and drink dealmaking slumped in the second quarter, but the sector continued to see a “surprisingly high” level of activity given the economic disruption caused by the lockdown.
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Supermarkets under pressure to drop JBS following Amazon deforestation allegations
JBS has been linked to a Brazilian beef farm with land allegedly under embargo for rainforest destruction
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Industry divided over plans to consult on alcohol calorie labelling
The Department for Health & Social Care revealed the move today as part of a wider strategy to combat obesity
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St Helen’s Farm halts milk supply over alleged animal welfare breaches
The Kavli-owned brand has launched an investigation after filming by vegan group Surge uncovered a series of alleged breaches
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MSC pledges funding for welfare at sea after death of fishery observer
The NGO has promised to invest in research aimed at boosting the safety of observers around the world
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Sainsbury’s trials virtual queues at five stores
Shoppers can enter the store when the app informs them they are at the ‘front’ of the line
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Promotions of HFSS food to be slashed under government’s new obesity strategy
The government said the move would also see a ban on volume promotions for HFSS products such as ‘buy one get one free’
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Nestlé taps trend for pea protein with new Yes bars
The bars each contain 10g of plant protein from peas and nuts
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Halewood’s Vestal shifts into flavoured vodka with new duo
The pair are ‘based on traditional Polish fruit-based vodkas known as nalewka’
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Poundstretcher appoints new finance director as Hemant Patel leaves
Patel was finance director of both Poundstretcher and parent company Crown Crest Group
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GLAA appoints Ziggy MacDonald as interim CEO
Current CEO Michael Rich steps down from the licencing and enforcement body at the end of this week
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Gousto accelerates growth plans after online sales boom
It will create more than 1,000 new jobs by 2022 and ‘at least triple’ the capacity of its customer fulfilment operation
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Unilever sales resilience shows ‘true strength’ says Alan Jope
The first half showed “the true strength of Unilever” according to its CEO Alan Jope, as a surge in eating at home propelled the consumer giant above market expectations.
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City snapshot: Supermarket Income REIT buys £61m Tesco store
Grocery property investor Supermarket Income REIT has bought a £61m Tesco superstore and agreed a new £60m lending facility to support future acqusitions.
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Media Bites 27 July: Anti-obesity measures, UK economy, Walmart/Asda
Food manufacturers have attacked Boris Johnson’s proposed anti-obesity measures, arguing a key plank of reforms set to be unveiled next week will prove expensive, ineffective and stifle innovation.