May 30, 2018 | News, Retailing
Ready-to-eat food market company, Pret A Manger (Pret), has announced that JAB Holding Company will acquire ownership from Bridgepoint. The transaction is expected to be completed during the summer of 2018, and terms of the transaction have not been disclosed. Pret...
May 25, 2018 | News, Retailing
The first quarter (Q1) of 2018 saw exports of food and drink rise by 5.5% (year-on-year) from £5.0bn in Q1 2017 to £5.2bn. Positive growth was recorded amongst all of the top ten products, including beef and chocolate, however this was not the case for salmon and...
May 24, 2018 | News, Ready Meals, Retailing
Waitrose has pledged to stop using black plastic packaging by the end of 2019. The retailer’s investment in alternatives to plastic continues with two of its Italian ready meal range to be trialled in what it describes as ‘cutting-edge’ widely recyclable packaging...
May 23, 2018 | News, Retailing
Following the announcement that Marks and Spencer is set to close 100 stores by 2022, the retailer has now unveiled its full year results. The retailer reported a 62.1% fall in pre-tax profit to £66.8 million in the year to 31st March. This was linked to a store...
May 22, 2018 | Food Packing, News, Retailing
Tesco is removing its ‘Best Before’ label on selected fruit and vegetables, to help prevent perfectly edible food from being thrown away. ‘Best Before’ labels are put on foods by retailers as a quality indication to show that although they are no longer at their best...
May 22, 2018 | News, Retailing
Marks & Spencer (M&S) has announced it is closing a further 14 stores, totalling over 100 store closures by 2022. It has been announced that 21 stores have already closed, and a further 14 are proposed for closure or set to close in 2018/19. This follows the...
