Day: December 2, 2024
Pizza Express launches first grab & go concept in Tesco
The pizza chain will trial its first food-to-go pod in Tesco Extra
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Media Bites 2 December: Asda debt, Black Friday, seasonal workers
In the week after Asda appointed its new chairman, Allan Leighton, the nationals focused on the supermarket’s ongoing financial woes
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Christmas disruption looms due to lorry driver shortages and Brexit checks
There are fears driver shortages in the UK, paired with a reluctance from EU drivers to bring deliveries into Britain, might cause disruption over the festive period
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Vape maker Supreme completes £10.2m rescue of Typhoo Tea
It comes after Typhoo was placed into administration last week
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BrewDog embraces lager in pursuit of top four brewer spot
BrewDog is currently the seventh-biggest brewer in the UK off-trade, with sales of £170m
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Adnams abandons sale plan in favour of property assets sell-off
It is not clear how much debt the brewer needs to pay down
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Morrisons ramps up loyalty scheme with rewards on all products
Morrisons relaunched the More Card in May last year promising it would bring a “radical “ overhaul of loyalty at the supermarket
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Morrisons supports farmers with Tractor Tuesdays café deal
The ‘Tractor Tuesdays’ deal aims to bring farmers together and make the farming industry more visible to customers
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Cage-free eggs: UK companies leading the way, new report finds
The new Egg Track report has revealed that of 40 companies included in CIWF’s UK Spotlight, 19 counted as leaders, already 100% cage-free
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Co-op extends £400m credit facility for further five years
The society’s CFO Rachel Izzard said that support from its lender banks was a reflection of the strength of its balance sheet
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Tomato purées ‘likely’ linked to forced labour in China, BBC investigation finds
The BBC tested several own-label tomato purées that appeared to contain tomatoes grown and picked in China using forced labour, it claimed
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Butternut Box reports surge in sales surge with losses cut
High-growth fresh petfood brand Butternut Box continued its rapid European expansion last year while cutting losses as margins improved
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KP Snacks says strike at Leicestershire factory will cause ‘minimal disruption’
The manufacturer has stressed industrial action at its Ashby-de-la-Zouch factory will have a ‘minimal’ impact on availability
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Cold brew coffee player GoodBrew seeks crowd cash for UK retail push
Dublin-based cold brew coffee startup GoodBrew is seeking €500k from crowd investors to underpin a push into UK retailers next year
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Topps Tiles major shareholder calls for management overhaul after ‘costly blunders’
Topps Tiles’ major shareholder has called for the board to overhaul its senior management and strategy after what it termed a series of “costly blunders”.
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Morrisons introduces loyalty card points on every product
Morrisons is offering five More Card points on every single product it sells in store, online and on Amazon as part of its loyalty scheme revamp.
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Mothercare swings to loss as sales fall
Mothercare has swung to a half-year loss after sales plunged more than a quarter.
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Asda’s looming debt bill sparks fresh refinancing fears
Asda is at risk of being forced to refinance its multibillion-pound debt pile ahead of a steep repayment owed to former owner Walmart.
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Boohoo repays £50m loan after Kamanis’ investment boost
Boohoo Group has repaid £50m of its £97m term loan under a refinancing effort to become a “leaner and lighter” business.
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Leading FMCG players hike soap prices by 7-8% as palm oil rates go up
Companies such as HUL and Tata Consumer have also increased tea prices recently due to a decline in production caused by erratic weather conditions. New Delhi: FMCG makers such as HUL and Wipro have hiked soap prices by around 7 -8% to offset the imp…
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