Archive of all news articles – Page 813
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Pret enters retail with trio of organic coffees
The move marks the beginning of a wider retail play from the coffee shop giant
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Avrox claims oxygen delivery benefits with new Ei8ht Energy drink
It is sold in a sachet format to be mixed with water and shaken
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City snapshot: Retail footfall suffers sharpest drop ever as shops shut
Last months figures showed the number of visits to shops plunged 80%, almost double the 41.3% reduction experienced in March
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Media Bites 11 May: Morrisons, Supermarket shares, Retail footfall
Morrisons is expanding the same-day grocery delivery service it runs with Amazon to dozens of new stores by the end of this month.
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Tayto Group posts sales and profits rise
Snacks producer Tayto Group saw a double-digit jump in sales last year and is continuing to see “high demand” during the coronavirus crisis.
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Fullgreen raises £175k to bolster balance sheet for ‘difficult months ahead’
Fast-growing alternative rice producer Fullgreen has tapped investors for a further £175k to help it ride out the “difficult months ahead”.
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Eased lockdown likely to hike food delivery, takeaway and recipe box sales
Him and MCA Insight forecast demand would surge next week by 25% as more foodservice operators re-opened for takeaway
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Stores should re-open based on risk, not size, says BRC
In an open letter in The Times, the consortium criticised reported plans for small shops to be the first to reopen
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Competition sees Farmfoods operating profits fall 13%
The frozen food specialist’s sales rose marginally, by 0.7% to £711.2m
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Nisa retailer raises £2.4k for the NHS with customer support
Miv Chahal, owner of Nisa Prudhoe in Northumberland, ran around the precinct where the store is based 100 times
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Ocado shares surge despite capacity constraints
Ocado may have had to turn away willing customers and shut down its website as it struggled to cope with a wave of demand during the coronavirus crisis, but its share price still hit new record highs this week.
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Coronavirus demand for frozen foods boosts Nomad sales
Birds Eye owner Nomad Foods has posted a 10.5% jump in first quarter sales due to “unprecedented” demand for frozen food driven by the coronavirus outbreak.
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Post Office extends coronavirus payment measures for postmasters
The new payment includes those operating multiple branches and is generated from May’s trading
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Pret to reopen 70 more stores for takeaway and delivery
It follows the recent reopening of 30 of the high street sandwich chain’s outlets in London
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AB InBev’s April sales volumes slump by a third
A sharp downturn in March saw sales volumes at the world’s largest brewer AB InBev drop by 9.3% in the first three months of 2020, with sales down further in April
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Pricecheck launches new website in push to boost online revenue threefold
New features include updated search facilities and filters and simplified navigation
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Meridian Foods plays up natural credentials with pack redesign
Meridian said its former design “lacked a distinct and recognisable brand marque”
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Holland & Barrett opens DC to deal with online delays
The chain has struggled to fulfil customer online orders in recent weeks after seeing a 400% jump in demand
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Coronavirus will lead to increase in opportunistic M&A, predicts PwC report
Research conducted by accounting firm PwC highlighted the chance for “attractively priced M&A opportunities” to arise in the next 12 to 18 months, as some challenger brands will be unable to continue trading on their own
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James Convenience readies ‘major project’ of store re-openings
James told The Grocer he had closed 12 of the 54-strong store estate due to a dramatic reduction in footfall