Sep 13, 2018 | News, Retailing
Results for the half year to 5th August show Morrisons sales soaring, with like-for-like sales up by 4.9% and total revenue up by £8.8bn including a contribution of 0.3% from net new space. Debt is down from a peak of £2.8bn to £929m and cumulative free cash flow is...
Sep 13, 2018 | Awards, Food Equipment & Services, Food Packing, News, Retailing
Now is the final chance to enter products into the FMT Food Industry Awards, with the closing date of this weekend fast approaching. Companies can nominate products free of charge online in the following nine categories: • Most Innovative Packaging Development • Best...
Sep 10, 2018 | News, Retailing
Celebrity chef Jamie Oliver is joining Tesco in a bid to ‘make it easier for the nation to eat well and live healthier lives’. As a first step this month, Jamie will front up Tesco’s ‘helpful little swaps’ in store, where product alternatives offer reduced levels of...
Sep 3, 2018 | Dairy, Fruit Processing, News, Retailing, Vegetable Processing
The Soil Association announces new sales figures as the organic market continues its seventh consecutive year of growth, according to consumer research. Consumer research undertaken by the Soil Association found several key factors have supported continued growth in...
Aug 31, 2018 | News, Retailing
The UK’s food-to-go sector is set to grow at twice the rate of overall grocery retail, with research organisation IGD predicting the channel to grow to £22.8bn by 2023. The predicted growth of £22.8bn by 2023 is up from a £17.8bn growth in 2018. Food-to-go research...
Aug 31, 2018 | News, Retailing
Whitbread plc has announced that it has entered into an agreement for the sale of Costa Limited (Costa), to The Coca-Cola Company (Coca-Cola), for an enterprise value of £3.9 billion. Whitbread acquired Costa in 1995 for £19 million when it had only 39 shops. In more...