finance

Waitrose reports first statutory loss in 10 years

May 13, 2022

Waitrose reported a statutory loss of £2.3m for last year, attributing the supply chain crisis and Covid-19 related costs to its annual accounts being heavily impacted. According to filed accounts…

Profits jump by 9% as Budweiser and Corona benefit from higher beer prices

Finance FMCG News Suppliers

AB InBev Beer brewer Budweiser Corona finance profits Stella Artois

May 5, 2022

Julian Amani

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The world’s largest brewer AB InBev, which owns brands including Budweiser, Stella Artois and Corona, has posted a first-quarter growth in profits of almost 9%,driven by price increases and volume…

Typhoo names former Clipper Teas co-founder as chairman

People Supermarkets

business Clipper Teas finance grocery Typhoo

March 23, 2022

Jasdip Sensi

No Comments

Tea giant Typhoo has appointed former Clipper Teas CEO, Mike Brehme, as its new chairman. Brehme joins Typhoo Tea, following a business restructure, which saw London-based private equity firm Zetland…

Fever-Tree 2022 earnings fizzle as commodity costs rise

Finance FMCG

Drinks Fever Tree finance grocery Retail Russia Ukraine

March 16, 2022

Jasdip Sensi

No Comments

Drinks firm Fever-Tree has warned over earnings this year as the the Ukraine conflict has “dramatically” pushed up commodity costs in recent weeks. The group revealed it expects underlying earnings…

Just Eat suffers €1 billion loss despite being on ‘path to profitability’

Finance

2021 results finance Food delivery Just Eat Profit

March 2, 2022

Sarah Hughes

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Just Eat has suffered a loss of over €1 billion (£830 million), despite revenue growing by 33% and the company “progressing towards profitability”. The food delivery company has published its…

Nestlé warns of potential prices rises

Finance Suppliers

Coffee finance Food prices Inflation Nestle Plant-based Vegan

February 17, 2022

Julian Amani

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Nestlé has warned of price increases for its products as the cost of production continues to rise as a result of inflation. The warning comes as the Swiss food group…

Over 82% of people have experienced increasing living costs, survey reveals

Discounters Independent retailers Supermarkets

Big 4 finance grocery increasing prices Knightsbridge Retail supermarket Suppliers TSB

January 5, 2022

Jasdip Sensi

No Comments

More than four in five (82%) people have seen their living costs such as grocery bills increase in the past few months, a survey has found. Alongside grocery bills, other…

Iceland trading ‘strongly’ through Omicron

Supermarkets

Christmas finance Food grocery Iceland Richard Walker trading

December 22, 2021

Jasdip Sensi

No Comments

Iceland has experienced strong trading despite the Omicron variant of coronavirus has rapidly spread across the UK. According to Iceland’s managing director, Richard Walker, trading figures for the British supermarket…

Premier Foods has revealed a fall in sales despite bosses saying they successfully navigated the global supply chain issues hitting the economy.

Premier Foods reports sales fall

Finance FMCG

Bisto finance FMCG grocery Hovis Mr Kipling Premier Foods Retail supermarket

November 16, 2021

Jacqui Parr

No Comments

Premier Foods has revealed a fall in sales despite bosses saying they successfully navigated the global supply chain issues hitting the economy. The parent company of Mr Kipling, Bisto and…

Mondelez is investing in Circulate Capital’s Ocean Fund (CCOF) in a bid to accelerate international efforts in plastic waste collection and recycling.

Mondelez invests in Circulate Capital Ocean Fund

Finance FMCG Suppliers Sustainability

CCOF Circulate Capital Ocean Fund Dirk Van de Put finance Flexible Film FMCG India Investment] Mondelēz Rob Kaplan South-East Asia Suppliers sustainability

November 12, 2021

Natasha Doris

No Comments

Mondelez is investing in Circulate Capital’s Ocean Fund (CCOF) in a bid to accelerate international efforts in plastic waste collection and recycling. The company reportedly aims to use its investment…

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Opinion: how retailers can work with the upcoming HFSS restrictions

20/05/2022 10:43 AM

Adorable,Girl,Select,Sweet,On,Shelves,In,Supermarket

Following the government’s publication of guidelines for foods high in fat, salt and sugar (HFSS) last month, confusion remains ar...

finance

Waitrose reports first statutory loss in 10 years

Profits jump by 9% as Budweiser and Corona benefit from higher beer prices

Typhoo names former Clipper Teas co-founder as chairman

Fever-Tree 2022 earnings fizzle as commodity costs rise

Just Eat suffers €1 billion loss despite being on ‘path to profitability’

Nestlé warns of potential prices rises

Over 82% of people have experienced increasing living costs, survey reveals

Iceland trading ‘strongly’ through Omicron

Premier Foods reports sales fall

Mondelez invests in Circulate Capital Ocean Fund

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Opinion: how retailers can work with the upcoming HFSS restrictions

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