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Latest Industry News from Food Management Today
Food retailer, Marks & Spencer has announced the next 17 UK stores proposed for closure as it reshapes its UK store estate. The proposed store closures have been named as: Ashford, Barrow, Bedford, Boston, Buxton, Cwmbran, Deal, Felixstowe, Huddersfield, Hull,...read more
The Food & Drink Federation (FDF) has strongly criticised the Department of Health and Social Care’s consultation on proposed restrictions for food promotions. The 12-week consultation asks whether there should be more restrictions on how retailers promote food...read more
Retailer Iceland Foods has responded to claims from HM Revenue and Customs (HMRC) that it breached national minimum wage rules by operating of a Christmas saving scheme for employees. The voluntary scheme allowed employees to have sums deducted from their wages which...read more
Mark and Spencer Group Plc (M&S) saw a “steady performance in difficult markets” in its trading statement for the 13 weeks to 29th December 2018. In food, the retailer saw like-for-like revenue decrease 2.1%. Six months ago M&S started on a journey to...read more
In the Tesco UK business, its third quarter like-for-like sales increased by 0.7%, representing its 12th consecutive quarter of growth. Over the six weeks to 5th January 2019, like-for-like sales in both the UK & ROI businesses, including Booker, grew by 1.9% in...read more
With just three weeks to go until the Food Management Today Industry Awards 2019 lunch, now is the last chance to order tickets for one of the biggest food events of the year. The lunch and ceremony will be held on 31st January 2019, and will once again be taking...read more
In the event of a no-deal Brexit in March 2019, a new survey has shown that over a third of retailers indicated they feel ‘very underprepared’ for a hard Brexit, and are considering stockpiling where possible. Squire Patton Boggs and Retail Economics undertook a...
In a recent meeting with the Business, Energy and Industrial Strategy Committee, Ian Wright, chief executive of the Food and Drink Federation, along with Ian Rayson of Nestle UK, raised various concerns over Brexit. According to a report by BBC, Wright said that...
The United Kingdom and the European Union negotiating teams have reached an agreement in principle on the Brexit Withdrawal Agreement, and the food industry has been quick to respond. The full 585 page report on the Withdrawal Agreement can be found here and that of...
Premier Foods, which owns Bisto, Oxo and Mr Kipling, amongst other major food brands, has announced a new strategic initiative to deal with Brexit fears. It has also confirmed the pending departure of CEO Gavin Darby. In a statement, the company has said it intends to...
The latest batch of contingency papers for a no-deal Brexit have been issued by the Government, with Food and Drink Federation (FDF) chief executive Ian Wright describing them as ‘shambolic’. The updated list of scenarios outline how the Government would deal with...
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