Finance

Independent retailers are warning that a rise in the national minimum wage will cost jobs throughout the sector. Chancellor Rishi Sunak is set to announce an increase in the minimum…

Tetley is set on “reclaiming the throne of Britain’s most-loved tea” with a multi-million advertising blitz

Tetley hoping £2m campaign revives slumping sales

*New Finance FMCG Marketing

Advertising FMCG Kieran Bridges Marketing NielsenIQ PG Tips sales Tea Tetley Twinings Unilever

October 26, 2021

Breakfast Corby Fire and rehire grocery Industrial Action Kettering Profit Sharon Graham Strike Unite Weetabix

Tetley is set on “reclaiming the throne of Britain’s most-loved tea” with a multi-million advertising blitz. The company hopes the £2.5 million campaign – which “celebrates the love we have…

Weetabix workers begin strike over fire & rehire proposals

‘Tainted’ Weetabix sparks nationwide fire and rehire protests

Finance Suppliers

October 26, 2021

Finance Supermarkets Suppliers

Weetabix workers are set to strike in supermarkets across the UK in protest at the company’s alleged “fire and rehire” practices. From October 25, workers from its Kettering and Corby…

Vegan giant Beyond Meat is said to be unsure “what’s going on” after cutting its third-quarter revenue forecast by up to $34 million

Beyond Meat points finger at grocers as revenue slashed

Beyond Meat grocery Impossible Foods Meat Alternative Peas Plant-based revenue Sainsbury's Share price Tesco Vegan Waitrose

October 25, 2021

Christmas Christmas Shopping grocery Kantar Lidl Marks and Spencer Ocado Supermarkets Turkey

Vegan giant Beyond Meat is said to be unsure “what’s going on” after cutting its third-quarter revenue forecast by up to $34 million. The California-based business, which supplies US retailers…

Marks & Spencer is said to be luring customers away from supermarket rivals after a shift towards early Christmas shopping

Festive shopping brings M&S early Christmas present

Finance Supermarkets

October 25, 2021

Acquisition Asda Big 4 Buyout Clayton Dubilier and Rice grocery Issa Brothers Issas Karen Hendy M&A Morrisons Private equity RPC supermarket Takeover TDR Capital

Marks & Spencer is said to be luring customers away from supermarket rivals after a shift towards early Christmas shopping. According to data seen by the Mail on Sunday, the…

The value of retail merger and acquisitions (M&A) has skyrocketed thanks to the takeovers of Morrisons and Asda

Morrisons and Asda deals fuel £17 billion M&A boom

Finance Supermarkets

October 25, 2021

Finance Independent retailers Supermarkets

The value of retail merger and acquisitions (M&A) has skyrocketed thanks to the takeovers of Asda and Morrisons. Analysis by law firm RPC showed deals were worth £17 billion in…

Supermarkets face tax ‘tsunami’ from food report

Grocers defy retail slowdown with food sales jump

Aldi BRC Christmas Food food sales fuel grocery Helen Dickinson Mike Watkins NielsenIQ Supermarkets Turkey

October 22, 2021

Big 4 Centerbridge Partners grocery Marks and Spencer Marks and Spencer Bank Private equity Sainsbury's Sainsbury's Bank Supermarkets Tesco Tesco Bank

Christmas has come early for grocers as a 0.6 per cent rise in food sales kept them above the September sales dip. It comes despite the 1.7 per cent increase…

Sainsbury’s has decided against selling off a loss-making bank after haggling with the potential buyer for more than a year

Sainsbury’s rebuffs offer for £162m-loss-making bank

Finance Supermarkets

October 22, 2021

A* Coatue Management Delivery Delivery Hero DST Global Fifth Wall finance Funding round Gorillas Greenoaks groceries Investment] Kağan Sümer Niklas Östberg Series C funding Tencent tlantic Food Labs

Sainsbury’s has decided against selling off a loss-making bank after haggling with the potential buyer for almost a year. The bank, which made a £162 million loss and saw customer…

Gorillas has raised almost $1 billion in its series C round of funding, the highest amount for a non-listed grocery delivery business in Europe.

Gorillas raises almost $1 billion in series C funding

Finance Suppliers

October 21, 2021

Ananda Roy COVID 19 finance FMCG FMCG Demand Signals Inflation IRI Own-Labels retailers Supermarkets

Gorillas has raised almost $1 billion in its series C round of funding, the highest amount for a non-listed grocery delivery business in Europe. The investment was led by food-delivery…

Own-label products are set to rise as inflation strikes the prices of popular brands, a report by IRI has predicted.

Own-labels predicted to rise as inflation strikes food prices

Finance FMCG

October 21, 2021