Day: November 27, 2024
City snapshot: Just Eat to delist from London Stock Exchange
The move is a blow to the UK government which launched “the biggest set of reforms to listing rules in over 30 years” earlier this year to try and reinvigorate the country’s capital markets. Also, Pet at Home sales stutter amid an “unusually subdued”…
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Media Bites 27 November: loyalty pricing, John Lewis and Christmas pet treats
The competition watchdog has cleared supermarket loyalty schemes of price manipulation
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Crosstown hires Jo Blundell as CEO following Karali Snacks sale
Blundell was previously MD of Papa John’s International
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Sanpellegrino Zero no added sugar extension hits UK shelves
he range has rolled out into Tesco from this month
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Finalists for The Convenience Awards 2025 revealed
The Convenience Awards 2025 takes place on 19 March at The Victoria Warehouse in Manchester
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Competition watchdog probe finds 92% of supermarket loyalty deals are ‘genuine’
The CMA said it had found “very little” evidence of supermarkets lifting their “usual” prices as displayed on the offers to make the deals seem more attractive
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Scotmid hires two new COOs to lead its retail and funeral divisions
Brian Boyle, the new retail COO, joins the Scottish Co-op society with over 30 years’ experience in the retail industry
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Tŷ Nant strikes double deal as Fast 50 premium water supplier buys two brands from Primo Water Corporation
Tŷ Nant has acquired two brands from US giant Primo Water Corporation to broaden its offering, as the rapidly growing Welsh supplier aims to become the number one super-premium water bottler in the UK
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Lidl Christmas jumpers return, with 20% discount for loyalty scheme members
Lidl Plus members can get one of the discounter’s Christmas jumpers for £6.39, reduced from £7.99
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Sainsbury’s anti-fraud efforts causing friction at self-service tills
Shoppers are currently unable to scan reduced to clear yellow label items at Sainsbury’s self-service checkouts
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Meat trade warns closure of historic Smithfield market will add cost and complexity
The site, alongside Billingsgate Fish Market, is due to close in 2028 after a City of London Corporation vote this week
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Supermarkets planning for ‘worst-case scenario’ as business rates bill gets second reading
The proposed changes could add hundreds of millions in tax on large supermarkets
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Reusable packaging company Dizzie shutters but ‘reuse still works’ claims founder
The company blamed stalled adoption among grocers and an inability to attract further investment for its demise
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Unilever explores sale of The Vegetarian Butcher as plant-based category slows
Analysts also speculated that Unilever could consider selling Colman’s, Marmite and Pot Noodle
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Majority of companies bracing for commodity price increases in 2025
Rising energy costs and continued geopolitical turmoil are set to contribute to commodity price increases, experts warn
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Blue Yonder ransomware attack still impacting UK supermarket supply chains
Morrisons and Sainsbury’s have deployed contingency measures to keep stock moving following Blue Yonder’s ransomware attack
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Welsh government u-turns on controversial compulsory farm tree-planting proposal
Proposals under the Sustainable Farming Scheme had the potential to kill off 5,500 jobs, according to the Welsh government’s own impact assessment
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WH Smith set for major food ramp-up with new own labels and cafés
‘We’ve got lots of plans in the pipeline,’ WH Smith Travel MD Andrew Harrison told The Grocer
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Just Eat Takeaway to delist from London Stock Exchange
The Dutch business said the move would cut costs and complexity
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Frasers Group faces FTSE 100 demotion as shares fall amid boohoo boardroom battle
Frasers Group is facing a demotion from the FTSE 100 as shares continue to slide amid its ongoing feud with Boohoo.
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