Archive of all news articles – Page 96
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IT glitch sees Tesco online customer orders cancelled
Customers found their orders had been cancelled at short notice, with the supermarket warning them it was “unable to reschedule these orders”
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Diageo angers wholesalers with removal of direct supply
The spirits giant is turning off direct supply to wholesalers if they do not order £2m of stock per year
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Indie ‘maker’ brands join forces to champion emerging drinks categories
The Makers Alliance’s members have all pledged to eschew using flavourings of any kind and create their liquids in house
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City snapshot: Virgin Wines celebrates ‘good’ Christmas
Virgin Wines UK has hailed a “good” Christmas and revealed a “significant” improvement in profitability during its first half. Plus, catering giant Compass has agreed a £475m deal to acquire hospitality firm CH&CO
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City news: Ocado shares under pressure despite ‘record’ Christmas
Ocado Retail’s return to double-digit growth, a “record” Christmas and – most notably – a move back into the black were all good news this week.
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Princes profit drops as sale nears completion
Canned food giant Princes suffered a sharp drop in profitability last year despite a £300m sales boost
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Vibrant Foods back in growth as transformation takes effect
World foods specialist Vibrant Foods is back in growth following a £30m refinancing
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Brakes launches new plant-based range to make most of Veganuary trend
Brakes is launching five plant-based items for Veganuary 2024, with more than 50 products to follow
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Wyke Farms defies inflation challenges to post £11m profit
The West Country-based cheese and butter maker delivered a 68.4% rise in operating profits to £10.9m in the year to 31 March 2023
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Turkey sales bounce back in bumper Christmas for protein
A record £13.7bn was spent on protein at Christmas, despite cost of living challenges, up 11.6% on 2022 levels
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‘Rebel retailer’ Hisbe pauses trading after ‘painful’ four years
Hisbe ‘had a disappointing Christmas trading period and our recovery funding hasn’t come through’ the chain told customers
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Two next places to get new Wilko stores confirmed
The stores will open in spring, with exact timings to be announced shortly, according to new Wilko owners CDS Superstores, which trades as The Range
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Nestlé rolls out Kit Kats made using ‘fully traceable’ cocoa
The treats are made with cocoa mass from beans grown by farmers engaged in Nestlé’s income accelerator programme
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Gherkin brand Mrs Elswood launches first TV ad
The £250k campaign aims to encourage home workers to add gherkins to their lunches
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The Collective launches Greek-style yoghurt pouches for adults
The new yoghurt pouch will be available in a Peach & Raspberry variant in Waitrose stores from next week
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City snapshot: Christmas retail sales plunge as consumers cut back
Retail sales slumped by 3.2% in December, which was the worse monthly drop since the depths of the coronavirus pandemic, as consumers cut back in the run-up to Christmas.
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Media Bites 19 January: Sainsbury’s, Naked Wines
Sainsbury’s move to pull out of financial services as part of its latest strategy is the main story in focus in this morning’s papers.
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Mob and The Flava People launch seasoning sachets into Aldi
The quartet of seasoning mixes are inspired by Mob’s most popular online recipes
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Innocent losses soar as £200m factory needs more investment
Revenues declined by £15.6m – a 3.5% fall year on year – to £426.2m in the 12 months ended 31 December 2022, according to newly filed accounts
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Kellogg’s unveils chocolate Corn Flakes spin-off
The NPD is HFSS compliant, and high in fibre and vitamin D