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Global Grocery Sector Set For Strong Growth But UK Lags Behind Other Markets

Latest forecasts by IGD state that the global grocery retail market will generate an additional US$2.2trn in sales by 2024, growing by 24%. Countries in Asia are expected to see some of the strongest growth, whilst the UK’s performance will (more…)

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Shares In Supermarkets Surge On Hopes Election Result Will Lead To Improved Christmas Trading

Boris Johnson’s decisive general election victory could provide a much needed boost to the supermarket sector as it heads into the final weeks of the key festive trading period. Market data released by Kantar earlier this week showed year-on-year supermarket (more…)

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Health & Beauty Association Seminar – 13th February 2020

Brian Moore will be a keynote speaker at the Health & Beauty Association Seminar – 13th February 2020. Get the very latest H&BA market reviews from IRI and Kantar, and hear from The GAP partnership providing best practice insights for (more…)

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Ocado Promising ‘Bigger And Better’ Product Range

Following the release of its fourth quarter trading update yesterday, Ocado’s management painted an upbeat picture of its proposition once its product supply deal with M&S kicks-in next year. Ocado Retail, the new joint venture with Marks & Spencer, will (more…)

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Food And Drink Trends Set To Shape The Market Over Next 10 Years

Research firm Mintel has outlined three key trends that it believes will shape the global food, drink, and foodservice industries over the next 10 years: Change, Incorporated: Successful companies will be those that improve the health of the planet and (more…)

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New Digital Platform Launched To Help Suppliers Analyse Wholesaler Data

TWC has unveiled Alchemy WholeView – a new digital platform which allows suppliers to centralise and analyse large amounts of market and named account wholesaler data via one simple analytics dashboard. The data, analytics and technology firm stated that Alchemy (more…)

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Pernod Brings In Exec From India To Take Charge Of UK Marketing

Pernod Ricard has appointed Raja Banerji as Marketing Director of its operations in the UK. He replaces Philip Ainsworth, who only took up the role in 2017. The spirits marker did not confirm the reason for his departure. Banerji previously (more…)

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Coca-Cola HBC Names New GM Of Irish Division

The Coca-Cola Hellenic Bottling Company (HBC) has confirmed that Miles Karemacher has been appointed as General Manager of its operations in the Republic and Norther Ireland. Karemacher will be responsible for driving the continued growth of the company and leading (more…)

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Sainsbury’s Banks On Bids For £1.9bn Mortgage Book

Sainsbury’s is fielding takeover interest in its £1.9bn mortgage book after following larger rival Tesco in exiting the British home-loans market. Read the full article on the Sky News website (more…)

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XXX Extra Strong Brand Ditches Plastic

Tangerine Confectionery has redesigned its XXX Extra Strong mint range, changing the packaging to cardboard to help reduce plastic use. The new cardboard packaging features an updated design, with a graffiti style to modernise the brand. The re-design is set (more…)

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Podberry Pea Snack Secures First UK Wide Partnership

Scottish snack brand Podberry has announced that from late December they will be included as part of Officedrops Nutribox and delivered nationwide within their health orientated office delivery snack boxes. After launching earlier this year, it is first time Podberry (more…)

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Nurishment Updates Packaging

Enriched milk drink brand Nurishment has unveiled its first new packaging design in 30 years. The company stated the more modern design will help the product “look fresher than ever on supermarket shelves but still have the same great, creamy, (more…)

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GERMANY: Walgreens Boots Alliance And McKesson To Create Wholesale JV

Walgreens Boots Alliance (WBA) and McKesson have reached an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest (more…)

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GERMANY: Metro Set For €1.5bn Windfall To Drive Forward Core Wholesale Business

Metro AG is set for a boost to its finances and strategy to focus on its wholesale business with the group confirming this week that it expects to receive net proceeds of €1.5bn from the sale of its majority stake (more…)

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US: Kroger And Walgreens Forming Group Purchasing Organization

Kroger and Walgreens Boots Alliance (WBA) announced this week that they are extending their relationship by forming a new group purchasing organization (GPO) aimed at delivering purchasing efficiencies, lower costs and innovation. The new joint venture will be called the (more…)

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GERMANY: Henkel Warns On Margins Pressures Again In ‘Challenging’ Market

Henkel, the German adhesive, beauty, and household cleaning conglomerate, yesterday warned that its operating profit margin in 2020 would fall to its lowest level in seven years due to the tough market conditions and higher costs. “We expect Henkel to (more…)

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Profits At PZ Cussons Fall On Weak Consumer Spending; Long-Serving CEO To Retire

PZ Cussons has revealed that it saw a decline in first half revenue and operating profit, blaming “challenging market conditions” across its key markets. It also announced that Alex Kanellis will be retiring after 13 years leading the British cosmetics (more…)

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Ocado Delivers Robust Growth; Making Progress On Switch To M&S

Ocado Retail has recorded another period of healthy sales growth, although the figure slowed slightly after average order sizes remained unchanged.  The company, which is a joint venture with Marks & Spencer, also outlined details of its preparations to switch (more…)

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Tesco To Track Environmental Impact Of Popular Foods

Tesco has joined forces with the World Wide Fund for Nature (WWF) to measure and track the environmental impact of a selection everyday foods for the first time. The supermarket group and not-for-profit organisation have launched what they call the (more…)

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Co-op Range Drives Surge In Store Recruitment At Nisa

Nisa has revealed that it has recruited over 500 stores in the last 12 months, marking a 40% like-for-like jump in stores joining group in the year to date. Nisa attributed some of its success to increased availability levels, improvements (more…)

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