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Latest Industry News from Food Management Today
Worldpanel finds 51.2% of sales are own label lines
The latest figures from Worldpanel by Numerator have shown that take-home sales at the grocers grew by 4.8% over the four weeks to 7th September compared to last year.
Aldi to invest £1.6bn in new stores
Discounter Aldi has committed £1.6 billion to accelerate its store expansion plan over the next two years as it plans to open 21 new stores in the coming 13 weeks.
Hovis CEO steps down after three years
UK bread producer Hovis has announced that Jon Jenkins will step down from his position as CEO of the company after three years of leadership.
Sugar prices rise by 56% on the year
The Food and Drink Federation has updated its food and drink inflation forecast, predicting that it could hit 5.7% by December.
Waitrose H1 sales surpass £4bn while profits fall
The John Lewis Partnership, which owns Waitrose, has reported its interim results for the 26 weeks ended 26th July, finding that the retailer’s sales increased to £4.1 billion.
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Food Management Today magazine is the modern, independent voice of the UK food industry, offering news, opinion, expertise and information to Britain’s top managers and executives. Food Management Today is a member of the Audit Bureau of Circulations.
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