Archive of all supplier articles – Page 31
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NewsCity News: Nestlé shares sink as shoppers baulk at continued higher prices
Shares in Nestlé sank on Thursday as the world’s biggest food group revealed lower-than-expected sales growth in the first nine months of 2023.
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NewsBirds Eye back in growth as shoppers switch to frozen lines
Birds Eye has returned to sales growth as it raised prices to offset inflation and benefitted from cash-strapped shoppers switching from fresh to frozen.
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NewsBranston announces plans to open state-of-the-art mashed potato facility
The new facility, which is expected to be operational by spring 2024, is expected to output 23 million packs of mashed potato in its first year
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NewsS-Ventures seeks £2.5m funding to turn around fortunes
Embattled fmcg investment firm S-Ventures has kicked off a fundraising effort to bring in at least £2.5m to bolster working capital and help cut costs and drive efficiencies
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NewsAvara Foods announces plans to close Gloucestershire factory
The poultry giant cited the ongoing impact of inflation in the poultry supply chain as the key driver in its move
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NewsTony’s Chocolonely and Aldi pledge to increase pay for cocoa farmers
Cocoa buyers including Tony’s, Aldi and Ben & Jerry’s have committed to upping pay for farmers in Ghana and Ivory Coast
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NewsSamworth Brothers hires new CFO to replace outgoing Steve Bailey
The food group has appointed Charles Noble as chief financial officer to take over from Steve Bailey when he retires at the end of the year
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NewsAB World Foods adds Capsicana to its international spice mix
The Patak’s and Blue Dragon owner has expanded its repertoire of international brands with the acquisition of the Latin American sauce challenger
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NewsCompleat Food Group acquires vegan cheesemaker Palace Culture
It adds to the chilled group’s existing plant-based brands Squeaky Bean and Vadasz
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NewsFood producers lower prices at fastest rate for three years
Prices charged by food and drink manufacturers fell at the fastest rate in more than three years in September, raising the prospect that inflation is set to ease significantly in the coming months
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NewsHolland & Barrett removes CBD products over 10mg from sale after FSA guidance change
Products including CBD gummies from CBDfx and drinks from Trip have been removed from sale
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NewsCrosta & Mollica makes hot drinks debut with Italian coffee blend
The NPD is the latest in a slew of innovations from the Italian-inspired brand
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NewsQuorn owner hit by cost hikes and falling demand in meat-free
Quorn parent Marlow Foods has plunged into the red as soaring costs, falling demand for plant-based in supermarkets and one-off redundancy charges hit the Monde Nissin-owned group.
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NewsHeinz profits increase despite Tesco dispute
Heinz has recorded bumper profits in the year it pulled products from Tesco shelves after a row over price rises.
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NewsBlue Ocean owes suppliers £3m as it heads for liquidation
Third-party distributor Blue Ocean is on the brink of collapse and is set to leave suppliers facing losses of almost £3m, The Grocer has learned
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NewsWhole Food Earth adds Raw Gorilla to healthy foods portfolio
It marks the family-run business’s second deal in 10 months, following the revival of collapsed online supermarket The Vegan Kind in December
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NewsWaitrose extends functional and wellness drinks trial
Waitrose launched in-store bays dedicated to functional beverages in May as a way of testing appetite for the category
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NewsIceland Foods overhauls fruit and veg lines as it targets fresh growth
The supermarket has partnered with Irish fruit and veg supplier Keelings to launch a new exclusive brand
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NewsVFC Foods expands plant-based offering with acquisition of Clive’s Purely Plants
VFC’s move follows the rescue of Meatless Farm in June
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NewsThis targets profitability after heavy losses
Meat alternative producer This is targeting profitability by 2025 as it shifts focus from hyper-growth to improving margins following heavy losses.