Archive of all news articles – Page 797
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News
City snapshot: BAT lowers guidance despite ‘resilient’ lockdown performance
British American Tobacco has reported a resilient performance despite the effects of the coronavirus outbreak, with “strong” trading in developed markets
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Media Bites 9 June: Retail sales, Tesco, Iceland
Hopes for an economic rebound have been lifted by signs that the collapse in retail sales may be short-lived
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Co-op’s Steve Murrells uses AGM to call for increased co-operation
Co-op CEO Steve Murrells has called for co-operation to become “business as usual” to build a stronger and fairer society as the UK emerges from the coronavirus lockdown.
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Veganuary co-founder Matthew Glover launches vegan investment fund
Vegan entrepreneur Veganuary co-founder Matthew Glover has launched launch of a not-for-profit investment venture to help fund growth companies in the plant-based food space.
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Smirnoff taps hard seltzer trend with new canned duo
They are made with Smirnoff’s No.21 vodka, sparkling water and natural fruit flavours
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Iceland founder Malcolm Walker and CEO Tarsem Dhaliwal take full ownership of chain
The pair have bought investment firm Brait’s shareholding in the business through a newly established company that they wholly own
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Ginsters launches pair of deep-filled premium pork rolls
The rolls were billed as “a deli-style twist on a British classic”
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Applewood owner Norseland launches spicy Mexicana Vegan cheese
Produced in association with Heather Mills’ V Bites, Norseland said the product was ‘quick melting’ and fortified with vitamin B12 and calcium
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Eat17 considers launching a franchise model
The admission comes as the retail and restaurant business has seen sales of its new takeout-and-delivered model of up to £8,000 a week
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Aldi starts selling non-medical grade face masks in two-packs
The masks went on sale in stores at the end of last week and were launched as an online ‘Specialbuy’ on Sunday
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Meatless Farm Co lands Tesco listings as meat alternatives demand soars
The listing pitches the brand directly against US rival Beyond Meat’s burgers and sausages in a UK supermarket for the first time
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Southern Co-op gains British Franchise Association accreditation
Southern Co-op has been accredited as a full member of the association
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Morrisons to extend immediate payments for small suppliers to September
Morrisons said the continued shutdown of the hospitality and foodservice sector was still having a huge impact on suppliers
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Concha y Toro adds Diablo Black cabernet sauvignon to upmarket wine range
It “boasts captivating notes of black fruit that intermingle with elegant touches of dark chocolate”, said Concha y Toro.
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City snapshot: Investigation into Tesco accounting scandal ends
The Financial Reporting Council has announced the closure of its investigation into Tesco’s accountancy scandal, putting an end to a six-year-long investigation
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Media Bites 8 June: Sunday trading, Government loans, Supermarket exec pay
Sunday trading laws could be suspended for a year in a move the government hopes will stimulate the economy
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Co-operatives more likely to weather post-lockdown slump, finds report
Taken together, the UK’s mutuals have a turnover of £38.2bn – £500m higher than in 2019
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City News: SSP Group returns to shareholders to ask for more
This week SSP Group pleaded with shareholders to reinvest the dividend payment it was obligated to pay, having already tapped them for £216m in March.
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PLMA appoints Peggy Davies as acting president
Davies takes over leadership of the private label association following the death of long-standing president Brian Sharoff