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Latest Industry News from Food Management Today
Quorn revenue declines by 4%
Global food company Monde Nissin, which owns vegetarian brand Quorn, has reported a 4% decline in Q1 revenue for Quorn.
Lidl increases pay as part of £2.5m investment
UK discounter Lidl GB has announced that from 1st June it is increasing pay for hourly-paid colleagues to a minimum of £12.40 across the country.
All Things Butter secures £2.2m investment
British butter brand All Things Butter has closed a seed funding round after securing £2.2 million of investment.
Beyond Meat Q1 revenue down 18% driven by decreased sales
Plant-based brand Beyond Meat has released its financial results for Q1 2024, reporting an 18% decrease in net revenue.
Aldi launches recyclable butter wrap as a “supermarket first”
UK discounter Aldi has rolled out recyclable packaging across some of its own-label butter lines.
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