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...
May 22, 2018 | News, Retailing
Cranswick plc results for the year ended 31st March 2018 have been announced. It is said to be a year of record capital investment for Cranswick, with capital expenditure of £59 million to add capacity, extend capability and drive efficiencies. Key features also...
May 21, 2018 | News, Retailing
Iceland has became the first UK supermarket to install a reverse vending machine in store in support of the Government’s intention to introduce a Deposit Return Scheme in England. Iceland continues to reduce the impact of plastic packaging on the environment, and will...
May 21, 2018 | Brexit, News, Retailing
Overseas-owned companies are making up a substantial share of the UK food sector, accounting for nearly half (47%) of the turnover of the UK’s leading food companies. Research by the commercial law firm EMW shows this is a rise from 44% last year. Overseas owned...
