Archive of all news articles – Page 98
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News
Gusbourne promotes Jonathan White to CEO
Prior to joining Gusbourne, White worked for independent wine distributor Armit Wines and wine & spirits merchant Berry Bros & Rudd
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Food manufacturers struggling more with inflation than other sectors
Food manufacturers’ margins have been squeezed in 2023 as retailers fought hard against cost price increases
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Parfetts to expand own-label range by 20% this year
The wholesaler said it wanted to provide more “high-quality products” at low prices while delivering “impressive” margins for retailers
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JJ Foodservice staff turnover decreases 50% following profit-sharing initiative
The new initiative rewarding staff’s efforts has been credited as the reason for the change
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Sushi Daily trials chopstick sleeves made from surplus salmon skin
The limited-edition product is made using salmon skin offcuts taken from some of its French stores
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SimplyFresh to roll out Amazon’s JWO tech across three more stores in 2024
It launched the tech for the first time last month at its LittleFresh branded forecourt store – its smaller format that focuses on food to go – at Gatwick Airport
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About 100 Lidl warehouse workers entering consultation over site closure
Lidl said it hoped to redeploy the vast majority at alternative sites
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Häagen-Dazs launches duo of ice cream Bites snacks
Two variants – Salted Caramel and Chocolate – have rolled into Morrisons
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Beefeater to add alcohol-free variant in Spain
The 0.0% abv drink was ‘inspired by’ Beefeater London Dry Gin and the result of 154 different recipe iterations
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Whisky dominates Scottish food and drink exports, new SWA report reveals
The report revealed the sector contributed £7.1bn to the economy over the course of 2022
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Regal Food Products strengthens desserts portfolio with Love Handmade Cakes deal
Regal Food Products has continued its acquisition spree with the takeover of cake manufacturer Love Handmade Cakes
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Major apple supplier begins shutdown following price challenges
The apple producer cited a lack of retailer returns as a significant reason for its financial challenges
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North Brewing ‘seeking investment’ to stave off administration threat
North Brewing cited material cost increases and interest rates as reasons why additional funds were required
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Media Bites 17 January: Ocado, Haleon, THG
Customers switching back to online grocery shopping after a post-pandemic decline helped Ocado’s retail division return to profitability
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City snapshot: Cigarettes and alcohol behind surprise jump in inflation
Rising alcohol and tobacco prices have contributed to an unexpected increase in the annual rate of inflation in December. Plus, Hotel Chocolat shareholders vote on Mars deal, Just Eat Takeaway and Wincanton issue trading updates and Gusbourne appoints a new boss
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Vegan and brewery distress sees deal volumes pick up in 2023, says Oghma
M&A activity in food & drink picked up in the final months of 2023 thanks to a combination of pent-up demand and distress in the plant-based and craft brewery sectors, according to a new report published this morning
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Ben & Jerry’s board calls for permanent ceasefire in Gaza
The ice-cream maker’s independent board of directors has called for a permanent ceasefire in Gaza
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Co-op ends rewards benefits to put focus on Member Prices
The society said it was making the changes in response to feedback from members on what they wanted most
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Smirnoff adds 30% abv Spicy Tamarind to UK roster
The 30% abv flavoured spirit drink was first trialled in the US in 2019
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THG to run Holland & Barrett’s e-commerce operation during supply chain overhaul
An unspecified number of roles are thought to be affected by the changes, but H&B said it would work to ‘minimise’ any redundancies