‘Men stop behaving like children when women are around’ – 16 women in hospitality on International Women’s Day March 7, 2024 This IWD we decided to hand over our pages to some of the amazing women who are blazing a trail in the world of food, drink and hospitality
Primark owner ABF raises dividend as markets ‘return to normality’ April 23, 2024 Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March.
Coffee sales drive Nestlé growth while plant-based food momentum swells February 17, 2022 Sales of coffee products have driven Nestlé’s organic growth while total reported sales hit a sum worth £69.46bn. In full-year results for 2021, the world’s largest food and beverage company said total reported sales increased 3.3 per cent to 87.1bn in Swiss currency. Organic growth stood at 7.5 per cent, driven by strong momentum for [...]
How I battled the ultimate ‘trifecta’ of entrepreneurial headwinds – and won March 19, 2024 Hannah Samano realised she had a business in the making the day she frustratingly found her tampons next to dog food in the supermarket.
M&S removes best before dates as 6.6m tonnes of food waste thrown away by households per year July 17, 2022 M&S will get rid of best before dates on hundreds of fresh produce in an endeavour to slash food waste in stores and households. The supermarket said it would remove best before dates from the labelling on more than 300 fruit and vegetable packages. Dates are to be replaced with a new code that shop [...]
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.
Cake decorations maker Real Good Food cites ‘severe shortages’ for dampened sales February 14, 2022 Ingredients supplier Real Good Food has blamed the Omicron Covid surge for “lower than anticipated” sales earlier this year. In results for the financial year ended 31 March 2022, the cake decorations maker said its expectations for the second-half were dashed by a sales slump. The London-based firm said its ability to fulfil customer orders [...]
Domino’s Pizza franchise firms clash over ‘unsolicited’ takeover bid December 5, 2023 London-listed DP Eurasia has taken a swipe at Jubilant Food Works over its "unsolicited" takeover bid for the firm.
Balanced Commercial Property Trust sheds more offices amid ‘challenging’ market July 12, 2024 The commercial property investor Balanced Commercial Property Trust has shed more offices as part of its strategy to focus more on the food and beverage sector.
Uber shares jump after food delivery service reports profits for first time February 10, 2022 Uber shares last night jumped more than 6 per cent in post-market trading after its food delivery service, Uber Eats, reported its first profit ever. In the fourth quarter of 2021, Uber Eats reported a $25m EBITDA profit, while Uber’s revenue grew 83 per cent to $5.8bn, beating analysts’ forecast of $5.36bn. The group’s mobility [...]