City Food Lecture calls for ‘transformational change’
Tesco CEO Dave Lewis has urged the whole supply chain to work in partnership to change the way it produces food for the UK, challenging industry to come together to bring about “heavy duty, transformational change”. Delivering a keynote speech at the annual City Food...
Tesco and Booker merger approved by shareholders
Shareholders have now voted in favour of Tesco’s takeover of Booker, in a deal that was valued at £3.7 billion when it was agreed in January 2017. The deal, which will see Tesco take over the cash-and-carry business that also owns store chain Londis and grocery...
Prezzo to shut 100 restaurants
Restaurant chain Prezzo is reportedly planning to close up to one third of its 300 UK branches, as it is preparing to launch a Company Voluntary Arrangement (CVA) in the coming days. Prezzo, owned by US private equity group TPG Capital, is planning to unveil the CVA...
Plastic-free supermarket aisle opens in Amsterdam
A plastic-free supermarket aisle has been unveiled in Amsterdam, which will see more than 700 products without plastic packaging become available, prompting calls for UK retailers to follow suit. The reportedly “world-first” plastic-free aisle has been set up in a new...
Food and drink exports worth £22 billion
With food and drink exports reaching £22 billion in 2017, the Food and Drink Federation (FDF) has warned that any failure to secure continued access to trade deals could have “serious implications”. Unveiling its latest export statistics, FDF highlighted that the UK...
