Archive of all news articles – Page 883
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News
Karma unveils plan to introduce 50 surplus food smart fridges to UK
The smart fridges – of which there are more than 30 in operation across Sweden and one in Paris – are filled with surplus and unsold food from either the store they are situated within or from wholesalers when placed in public place
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Müller hails cost-cutting success as it eyes return to profitability
The past 18 months had been ‘very difficult’ said CEO Patrick Müller, but it expected to move back to profitability over the next six months
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Sainsbury’s trials supply tie-up with SimplyFresh
Sainsbury’s will supply the convenience operator with own-label and branded products
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Graze reveals plan to slash plastic packaging use by 80%
The snack maker intends to achieve its aim within the next two years
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ABF Christmas sales rise on Sugar recovery
Associated British Foods revenues rose 4% over the crucial Christmas period due to a recovery of Sugar prices and strong Primark trading
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Media Bites 16 Jan: Greggs/Just Eat, Tesco, Asda
Greggs picks Just Eat for UK-wide delivery service, Tesco’s Thai asset sale under threat from regulatory bodies and Asda prepared to roll-out a “sustainable” store.
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Greggs struggles to meet demand for vegan steak bake
Greggs has launched a ‘Locate a bake’ website where customers can find the nearest store stocking the item
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Unilever and Kellogg’s link with Asda for sustainability store trial
The move follows a call by Asda CEO Roger Burnley in October for suppliers to “take a step into the unknown” and speed up their reduction of plastic
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Lakes Distillery to fast-track growth plans after latest multimillion-pound backing
The Cumbria-based distiller issued £4.3m of new equity to investment firm Comhar Capital to support ‘ambitious’ stock build growth and capital expenditure
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SimplyCook secures ‘top up’ £2m investment to drive growth
The fast-growing recipe kit supplier has raised £9m in funding since launching in 2014
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Holland & Barrett Christmas sales surge amid ongoing transformation programme
Sales rose 4.8% over the Christmas period, while online transactions were up 22% as the retailer’s digital transformation programme continues
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Irish agrifood exports rise 5% to hit record levels in 2019
Total agrifood exports reached €14.3bn in 2019, up 5% on 2018 levels, according to Bord Bia
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Beales victim of business rates overcharging, claims Colliers
Many struggling retailers have paid more than they should, the property agency said
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Vegan startup changes product name after ‘violating’ parmesan PDO
I Am Nut OK’s ‘not cheese’ plant-based product was described as ‘counterfeit branding’ by the Parmigiano Reggiano Consortium
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Greenyard Frozen taps government grant to partner with FareShare
Greenyard is utilising a £15m scheme launched by Defra last year to help redistribution organisations
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Booths reports successful Christmas with sales up 3.5%
Chairman and CEO Edwin Booth said “exceptional food and drink” contributed to the success
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Greggs partners with Just Eat for nationwide delivery service
The partnership follows a trial in London, Newcastle and Glasgow
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Richard Pennycook takes chairman role at 2 Sisters owner Boparan
The former Co-op CEO takes over as non-exec chairman of Boparan Group from Lord Allen of Kensington
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Media Bites 15 Jan: Lakes Distillery, 2 Sisters, McBride
An English whisky distillery has raised new funding of £4.25m to finance ambitious plans to triple production capacity to 1.2m bottles a year.
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Global food and drink M&A activity ‘broke records’ in 2019
The number of global food and drink transactions in 2019 totalled 789 deals, up by 12 on the year before