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Latest Industry News from Food Management Today
Lidl to create up to 500 new jobs
Lidl UK has announced the purchase of its 17th distribution centre, which could lead to as many as 500 new jobs once operational. The supermarket has purchased a 38-acre site in Gildersome, Leeds, for a new regional distribution centre (RDC). The RDC joins an existing...
Co-op sales growth driven by Nisa acquisition
Food retailer Co-op has seen a like-for-like sales boost of 4.4%, and is now enjoying its 18th consecutive quarter of like-for-like sales growth. Sales have increased by 10% to £5bn, and Co-op says this is driven by a strong food sales performance along with the...
Defra to ‘fall short’ of Brexit promises
The Department for Environment, Food and Rural Affairs (Defra) is reported to have made good progress in its preparations for exiting the EU, but still faces an enormous challenge. The newly published National Audit Office (NAO) has assessed how Defra is implementing...
Waitrose profits dip as part of John Lewis Partnership
The John Lewis Partnership, which owns Waitrose, has announced a 98.8% dip in half-year profits to £1.2m for the six months to 28th July. The partnership has said the pressure on gross margin has predominantly been from its commitment to maintain price...
Morrisons sees accelerated performance
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...
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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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