Feb 27, 2019 | Food Equipment & Services, News, Retailing
Following press and media speculation, Marks and Spencer Group Plc (M&S) has announced the creation of a 50/50 joint venture with Ocado Group Plc (Ocado) and states it ‘will transform online grocery shopping for UK consumers’. As suggested by FMT yesterday in our...
Feb 26, 2019 | News, Retailing
Marks and Spencer Group PLC has confirmed that it is in discussions with Ocado Group plc regarding a joint venture in the UK retail market, believed to have a potential value of £1.8bn. Shares in both companies jumped following the news, which would give M&S a...
Feb 26, 2019 | News, Retailing
Products that are allegedly high in salt and saturated fats are being marketed as ‘healthy’ by leading supermarkets, according to a new report by BBC Radio 5 Live. BBC researchers visited branches of the top five supermarkets in the UK and, according to BBC, found...
Feb 25, 2019 | Confectionery, News
A ban on fast food advertising across London’s entire public transport network has come into force, with posters for food and drink that are allegedly high in fat, salt and sugar being removed. Food posters that will begin to be removed from the underground,...
Feb 25, 2019 | News, Retailing
Radical cost cutting by the American food giant Kraft Heinz, known for its ketchup and other food brands, means the business is now facing up to what appears to be a failed strategy for boosting profits. According to analysts, Kraft’s strategy on cost cutting...
Feb 22, 2019 | Brexit, News, Uncategorized
Speaking during the recent NFU Conference at the ICC Birmingham, Secretary of State at Defra Michael Gove has promised to protect farmers and the food industry from cheap food imports. In her own speech to Conference, NFU President Minette Batters called for the...
