All Omnichannel articles – Page 8
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NewsCity snapshot: Tate & Lyle buys US stevia producer Sweet Green Fields
Tate & Lyle has agreed a deal to acquire $50m stevia ingredients company Sweet Green Fields to take full ownership of current partner.
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Category ReportAnimal house: meat snacks category report 2020
Jerky, scratchings and dried sausage brands rely on pubs and on-the-go snacking for much of their trade. So how have they fared in lockdown?
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NewsCity snapshot: Greencore raises £90m as coronavirus impact drives annual loss
Greencore has raised £90m in a share placement as the impact of the coronavirus outbreak led to a double-digit drop in annual sales and a pre-tax loss of more than £10m. Plus, on the busy morning, trading updates from Cranswick, Compass Group, Pets at Home and all the rest of the latest news from the City.
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NewsCity snapshot: Naked Wines sales soar as consumer discover online wine
First-half revenues at Naked Wines have soared 80% to £157.1m as consumers flocked to online as the coronavirus outbreak hit the UK. Plus Vimto maker Nichols is considering redundancies across its operations as the Covid pandemic continues to hammer the soft drinks market; European supermarket group Ahold Delhaize acquires online US grocer FreshDirect, and a trading update from Finsbury Food Group.
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NewsCity snapshot: Tesco Extra and Aldi store picked up for £63m by Supermarket Income REIT
Real estate investment firm Supermarket Income REIT has purchased a Tesco Extra shed and an Aldi store from British Land for £63m.
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NewsM&S rolls out Mobile Pay Go to all branches
M&S has also increased its payment limit from £30 to £45 as part of the move
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NewsCity snapshot: Lower Covid costs boost profits at Groupe Casino
French grocery giant Groupe Casino has posted a rise in sales and earnings in the third quarter as strong performance in Latin American was helped by improved profitability in France as Covid costs reduced. Plus, losses as Tasty mount, Carrefour sells payments arm for €300m and the rest of the latest news from the City.
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NewsCity Snapshot: Glanbia 2020 sales edge up despite performance nutrition weakness
Glanbia has posted a ‘resilient’ performance so far in 2020 as a sharp drop in sales at its performance nutrition division was mitigated by growth in its nutritionals business. Plus Hilton Food Gropu benefits from COVID, Supermarket Income REIT buys Sainsbury’s supermarket and all the rest of the latest news from the City.
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NewsCity snapshot: Reckitt Benckiser raises revenue forecast as disinfectant sales soar
Reckitt Benckiser has reported strong third quarter revenues as demand for its disinfectant brands remain high and the relaxation of lockdown restrictions around the world helped Durex rise again. Plus, Britvic agrees new 20-year bottling agreement with PepsiCo and also increases profit forecasts for the year.
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Comment & OpinionHow cloud-based systems can keep track of inventory across disparate systems
Achieving real-time inventory accuracy is crucial in an omnichannel environment, says Rob Shaw, MD EMEA at Fluent Commerce
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NewsEG Group founders and TDR Capital acquire majority stake in Asda
Current owner Walmart will keep a minority share in Asda, which will retain its current management under CEO Roger Burnley
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NewsHolland & Barrett pilots pre-order app to minimise in-store queues
Shoppers can use the app in 10 branches to browse or search for products, and create a basket
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NewsCity snapshot: Pets At Home upgrades profit expectations
Consumers flocked to its shops and veterinary operations over the summer
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NewsCity Snapshot: Waitrose and Nestlé eye deal for Mindful Chef
Waitrose and Nestlé are reported to be amongst the suitors vying to buy farm-to-fork recipe box brand Mindful Chef
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Comment & OpinionHow UK supermarkets can maintain online share in the face of Amazon Fresh
Amazon’s entry into fast grocery delivery means UK supermarkets need to step up their game, says Chris Carter, CEO of Melody
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Analysis & FeaturesInside Holland & Barrett’s future-proof store refit in Chelmsford
We paid a virtual visit to the retailer’s Chelmsford store, which has had a sustainability-led redesign
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NewsCity snapshot: Out of home closures hit first half trading at Coca-Cola European Partners
Great Britain Coke bottler Coca-Cola European Partners has reported a 26% revenue slump in second quarter as the closures of food to go outlets hit trading across Europe. Plus , McColl’s falls to first half loss, trading updates from Naked Wines and Hammerson and all the rest of the news from the City.
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NewsProfits lose fizz at Coke bottler Coca-Cola HBC during lockdown
Profits went flat at Coca-Cola HBC as the world went into lockdown, but the fizzy drink bottler reported “encouraging” signs as markets reopened.
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NewsCity snapshot: Lockdown hits first half performance at Kerry Group
Revenues and profits were hit at Kerry Group in the first half of the year as the global closure of foodservice businesses hit its business in the second quarter. Plus, half year results from AB InBev, Pets at Home sales slow and all the rest of the latest news from the City.
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NewsCity snapshot: Supermarket Income REIT buys £61m Tesco store
Grocery property investor Supermarket Income REIT has bought a £61m Tesco superstore and agreed a new £60m lending facility to support future acqusitions.