Day: December 4, 2024
Greencore shares rise again as profits jump
Greencore’s profits saw healthy growth last year as the sandwich maker posted “stronger than expected” full year results.
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Casillero del Diablo moves into alcohol-free with sparkling Zero wine
Casillero del Diablo Zero is made from 100% early-harvested Chardonnay grapes from the Chilean Central Valley
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City snapshot: ‘Trump tariffs could rival Brexit damage’
Trump is threatening tariffs as high as 10-20%, rivalling the scale of non-tariff barriers that Brexit imposed on goods sales to the EU, according to a new study by the Resolution Foundation.
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Media Bites 4 December: Coca-Cola, junk food advertising ban, pie theft
Coca-Cola has drawn the ire of environmentalists after weakening its recycling and reuse goals
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Aldi brings back £3.49 côtes du rhône deal for Christmas
The wine sold out in just four days last year
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Black Sheep Brewery to produce Big Drop alcohol-free beers under licence
Previously, the beers had been contracted to In Good Company and produced at Fourpure
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Campari taps William Grant & Sons veteran Simon Hunt to end CEO hunt
It ends a period of uncertainty for the Aperol and Courvoisier brand owner
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Hotel Chocolat renews international ambitions with new US stores planned
The openings, which are planned for March 2025, mark the beginning of a new period of expansion under owner Mars
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Row over ‘nanny state’ ad ban on sugar-laden porridge products
A raft of products, such as sugar-added granola, instant noodles and sweetened yoghurts, will also be in scope
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M&S to give 2,000 young people ‘first step’ in retail to curb youth unemployment crisis
The new “ambitious” multi-year strategy, in partnership with The King’s Trust, aims to provide support through its Marks & Start programme
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One Stop launches exclusive loyalty scheme with Snappy Shopper
Called Snappy Rewards, it allows online shoppers to unlock perks, such as free or discounted products, based on their level of spending
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One Rock completes takeover of Burts Snacks owner Europe Snacks
As revealed by The Grocer in July, New York-headquartered One Rock saw off rival bids to win the auction run by investment bank Lazard
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Asda secures new £155m loan to help struggling supermarket meet debt obligations
The supermarket revealed it had successfully raised and allocated ‘a private £155m-equivalent fungible add-on’ to one of its existing loans
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Rapid grocer Gopuff operating 24 hour service on Christmas Day and Boxing Day
Gopuff said the 24-hour service would be carried through to New Year’s Eve and Day
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Select & Save to launch Aldi Price Match next year
Select & Save is also setting up a 5% wastage allowance on retailers’ weekly chilled spend from January 2025
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Flourish range dwindles as Sainsbury’s plans healthy food shake-up
Shoppers have been contacting Sainsbury’s about struggling to be able to find Flourish products
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British agrifood exports fell by nearly £3bn a year since Brexit, new research shows
The Centre for Inclusive Trade Policy (CITP) found exports of UK food goods to the EU had fallen by 16% compared with pre-Brexit averages
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Commodity prices help Treatt bounce back from destocking
Global ingredients player Treatt bounced back from a weak first quarter to grow full-year revenues and profits as higher commodity prices and growth in China boosted performance
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Gymshark CFO exits after two years
Gymshark chief financial officer Mat Dunn has left the retailer after less than two years.
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In pictures: M&S opens clothing-only boutique at Battersea Power Station
M&S has opened the doors to its first clothing-only store inside London’s Battersea Power Station.
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