Food can’t boost M&S’s ‘dismal’ performance
Marks and Spencer’s “dismal” performance was lessened by strong food sales, but the posh retailer’s weak online business could be troublesome, city analysts have warned.
Archives for January 9, 2015
Meadow Foods pumps £1.8M into Chester factory
Meadow Foods is investing £1.8M in its Chester facilities, enabling it to branch out into making and storing skimmed and blended concentrated milks.
Tesco: analysts' view
Tesco’s leadership gap must be plugged
Tesco must plug its leadership gap to aid its turnaround, as the retailer’s suspension of key players in the light of its accounting crisis has weakened it, one analyst has claimed.
Dairy crisis
NFU ‘urgently seeking answers’ from First Milk
The National Farmers Union (NFU) is planning urgent talks with First Milk after the farmer cooperative proposed to crank up its members’ costs at a time when the dairy industry is under severe financial pressure.
Tesco reveals sales fall and big cost-cutting plan
Tesco has unveiled another fall in like-for-like sales (LFL) and a major cost-cutting programme, including the closure of 43 stores, in financial results covering the 19 weeks to January 3.
Bernard Matthews to create 90 Norfolk jobs
Bernard Matthews aims to create 90 permanent roles at its Great Witchingham site in Norfolk, as an increase in orders has prompted it to ramp up production there.
Fudge firm fined £7k after worker loses thumb
A Leeds-based chocolate and fudge manufacturer has been fined £7,000 after an employee lost a thumb while cleaning an unguarded stirring machine.
Karro Foods mulls 150 job cuts
Karro Food Group plans to axe 150 jobs at its Scunthorpe plant on Billet Lane, amid rumours that Tesco had slashed orders of bacon from the site.
Labour backs 9pm ads watershed for junk food
Labour is planning to impose a 9pm watershed on the advertising of food and drink high in fat, salt and sugar (HFSS) if it wins power in the May 7 general election, according to leaked reports ahead of a major policy announcement next week.
Oxford farming conference
Food policy to be key to next Labour government
Labour has pledged to put food policy at the heart of a new “industry strategy”, while introducing a more joined-up approach to food safety and health challenges, if it is successful after the general election on May 7.