Archive of all news articles – Page 777
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City snapshot: Ocado first half retail sales top £1bn but pre-exceptional losses mount
Ocado has posted first half retail sales growth of 27.2% amid “unprecedented and sustained demand”, but its pre-exceptional losses rose by 64% to almost £80m amid mounting costs. Plus, Fever-Tree buys German distributor and updates on sales, McBride guides to better second half than expected and all the rest of the latest news from the City.
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Media Bites 14 July: Face masks, Retail sales, Ocado
Face coverings will become mandatory in shops and supermarkets with fines of up to £100 for anyone who fails to adhere to the new rules
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Waitrose launches designer face masks from British Fashion Council
The masks feature designs by British fashion houses including Mulberry, Julien Macdonald, Halpern and Rixo
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Lidl reintroduces loose bakery products to stores
Lidl announced the move on social media, saying: ’The bakery is now open again. Please form an orderly queue.’
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Glastonbury Festival founder Michael Eavis cuts ribbon for new Co-op store
The 600 sq ft site is located just one mile away from the festival grounds at Worthy Farm
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Costcutter looks to help shoppers bring summer home with online campaign
The symbol group previously ran an online-only campaign over Easter with a shop locally focus
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Heineken under fire after extending keg beer shelf life
The brewing giant drew criticism from on-trade sources this week
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Tilda launches ready-to-heat Japanese-style teriyaki rice pouches
The limited-edition NPD combines sticky jasmine rice with spring onions, carrots, water chestnuts and an “authentic” teriyaki mix
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Mighty Pea secures £1m funding in UK government Future Fund scheme
The company was one of a handful of brands to receive cash under the Future Fund, with only about 10% of applications having been accepted so far
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Warburtons partners with Mission Ventures to support next generation of baking businesses
Batch Ventures combines equity funding and hands-on support from entrepreneurs and industry professionals to help the selected cohort of businesses grow and succeed
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Whitworths adds trio of new dried fruit and nut snacks
All three new product lines feature Whitworths’ new recyclable packaging
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Growers seek to reassure public after Herefordshire farm coronavirus outbreak
The NFU said the industry was taking the threat of coronavirus ‘incredibly seriously’
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Segro makes two London warehouses available to food charity City Harvest
City Harvest is working with numerous projects supporting London’s NHS workers and children missing out on free school meals
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DCS offers guidance on maximising cleaning product sales
DCS’s recommendations include stocking specialist cleaning products such as limescale remover, oven cleaner and drain unblocker
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Diageo unveils "world's first" plastic-free paper bottle for spirits
It had been designed to meet food-safe standards and be fully recyclable in standard waste streams
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Gove plays down likelihood of mandatory face masks in shops
Prime minister Boris Johnson indicated last week he was weighing up making the wearing of face masks compulsory in England
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Retail footfall slumps 57% in June despite reopening ‘spike’
Retail footfall remained at historic lows in June, but it experienced ‘signficant’ improvement after the ‘turning point’ of the reopening of non-essential retail stores in mid-June.
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Media Bites 13 July: Asda, Tesco, ABF
The UK’s highest court will today begin hearing one of the country’s biggest ever equal pay cases over a claim brought by more than 43,000 supermarket workers against US-owned Asda
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C&C Group shares boosted by appointment of new CEO David Forde
Forde, currently Heineken’s UK MD, will join the FTSE 250 brewer and wholesaler “no later than early 2021”
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Ex-FSA chief confirmed as chair of new trade commission
Other members include former trade ministers, food industry representatives and NGOs