Sainsbury’s stores to close and new ones to open in five year shakeup
Supermarket giant Sainsbury’s is to close over 100 stores and open new convenience outlets in a bid to reduce costs by c.£500m over five years. The business said, in its second quarter trading report, that it will be closing up to 125 stores across the UK as...
Sleaford Quality Foods has new innovation team
Sleaford Quality Foods (SQF), cross-category supplier of multiple packaged foods to the manufacturing and foodservice sector, has responded to consumer demands around sustainability by forming a new Innovation Team. The team consists of Tracey Siddy; Head of...
Peter Quinn joins Branston board as non-executive director
National potato supplier, Branston, has announced that former divisional managing director of Samworth Brothers, Peter Quinn, will be joining the main board as non-executive director. Peter has more than 18 years of high-level management experience in PLC and private...
UK’s biggest 150 food producers suffer falling profits
An increasingly uncertain economic landscape and the looming threat of Brexit is continuing to take its toll on the food and drink industry. The UK’s biggest 150 food and drink supplier profit margins fell for a second consecutive year to 5.8% in 2018 from 6.2% in...