Majestic Wine affirms discussions to acquire Vagabond wine bars
Majestic Wine has revealed its ongoing negotiations for the acquisition of the distressed Vagabond wine bar business.
Should the deal come to fruition, it could mark a significant expansion for retailer Majestic, venturing into the hospitality sector with the potential acquisition of 11 wine bars located in London, Birmingham, and Gatwick Airport. Additionally, the deal might include the procurement of an urban winery situated at Battersea Power Station.
Established in 2009, Vagabond boasts a unique concept.
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Should the deal come to fruition, it could mark a significant expansion for retailer Majestic, venturing into the hospitality sector with the potential acquisition of 11 wine bars located in London, Birmingham, and Gatwick Airport. Additionally, the deal might include the procurement of an urban winery situated at Battersea Power Station.
Established in 2009, Vagabond boasts a unique concept.
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21/Mar/2024 07:10
CHERRY CHOUFFE LAUNCHES IN TESCO STORES NATIONWIDE
Following a highly successful launch in Waitrose (November 2023) Cherry Chouffe, the wildly popular Belgian cherry beer (made from real cherries) has made its nationwide debut into Tesco stores.
From the renowned Chouffe Brewery in Achouffe, Belgium, this award-winning beer is celebrated for its robust cherry flavour and intricate notes accentuated by hints of strawberry, almond, spices and sweet port.
Using actual cherry juice, the round-bodied, soft, and delicate profile offers a satisfying finish with a subtle touch of bitterness.
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From the renowned Chouffe Brewery in Achouffe, Belgium, this award-winning beer is celebrated for its robust cherry flavour and intricate notes accentuated by hints of strawberry, almond, spices and sweet port.
Using actual cherry juice, the round-bodied, soft, and delicate profile offers a satisfying finish with a subtle touch of bitterness.
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21/Feb/2024 13:20
Waitrose reduces the prices of 200 products in £30m investment
Waitrose has cut prices on over 200 of its own-brand products as part of a £30 million investment aimed at providing better value for customers.
The upscale supermarket chain has decreased the prices of hundreds of products from its Essential and Duchy Organic brands by 8% on average, with dairy, fish, meat and poultry, ready meals and frozen lines reduced by an average of 10%.
Waitrose mentioned that these price reductions are just the beginning, with further cuts planned for the Spring.
Waitrose's Executive Director.
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The upscale supermarket chain has decreased the prices of hundreds of products from its Essential and Duchy Organic brands by 8% on average, with dairy, fish, meat and poultry, ready meals and frozen lines reduced by an average of 10%.
Waitrose mentioned that these price reductions are just the beginning, with further cuts planned for the Spring.
Waitrose's Executive Director.
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21/Feb/2024 11:42
Lidl seeking over £90m from investors to build 12 new stores within the UK
Lidl is looking for investors to contribute £91.1 million toward the construction of twelve new supermarkets nationwide, aiming to expand its store network.
Lidl has initiated the search for investors to construct the new stores, which it will then rent from them, stating in a funding pitch it is offering “a unique opportunity to acquire the freehold and fund the construction of 12 supermarkets let to Lidl GB”.
Locations currently mentioned in the documents include Alexandria in West Dunbartonshire.
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Lidl has initiated the search for investors to construct the new stores, which it will then rent from them, stating in a funding pitch it is offering “a unique opportunity to acquire the freehold and fund the construction of 12 supermarkets let to Lidl GB”.
Locations currently mentioned in the documents include Alexandria in West Dunbartonshire.
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20/Feb/2024 10:47
Morrisons launches Aldi and Lidl price match on hundreds of weekly essentials
Morrisons, following Asda's lead, is launching a price match campaign on hundreds of weekly essentials, competing with prices from Lidl and Aldi.
The supermarket is matching prices on over 200 products including items corn flakes, canned tomatoes, baby wipes, rice and bread as well as household cleaning products such as anti-bac spray, bleach and toilet rolls with those at the discounters.
Morrisons said it was also continuing its commitment to British Farming with 100% British beef mince.
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The supermarket is matching prices on over 200 products including items corn flakes, canned tomatoes, baby wipes, rice and bread as well as household cleaning products such as anti-bac spray, bleach and toilet rolls with those at the discounters.
Morrisons said it was also continuing its commitment to British Farming with 100% British beef mince.
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19/Feb/2024 16:50
Morrisons launches Aldi and Lidl price match on hundreds of weekly essentials
Morrisons, following Asda's lead, is launching a price match campaign on hundreds of weekly essentials, competing with prices from Lidl and Aldi.
The supermarket is matching prices on over 200 products including items corn flakes, canned tomatoes, baby wipes, rice and bread as well as household cleaning products such as anti-bac spray, bleach and toilet rolls with those at the discounters.
Morrisons said it was also continuing its commitment to British Farming with 100% British beef mince.
more »
The supermarket is matching prices on over 200 products including items corn flakes, canned tomatoes, baby wipes, rice and bread as well as household cleaning products such as anti-bac spray, bleach and toilet rolls with those at the discounters.
Morrisons said it was also continuing its commitment to British Farming with 100% British beef mince.
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19/Feb/2024 16:50
Co-op scraps cashback on loyalty card in favour of more 'member prices'
Co-op has revealed plans to scrap cashback for loyalty card holders, and instead offer more discounts through 'member-only' prices.
The supermarket group, which runs over 2,400 food stores, communicated to its members via email that starting from January 2024, they will no longer receive a 2p cashback for every £1 spent.
Customers will have until the end of 2024 to spend any money on their cards.
From 24 January.
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The supermarket group, which runs over 2,400 food stores, communicated to its members via email that starting from January 2024, they will no longer receive a 2p cashback for every £1 spent.
Customers will have until the end of 2024 to spend any money on their cards.
From 24 January.
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18/Jan/2024 14:37
M&S teams up with nutrition app Zoe to launch gut health shot
Marks & Spencer (M&S) has collaborated with the science-based nutrition app Zoe to introduce a gut health shot made from milk.
Called M&S Food x Zoe Gut Shot, the drink contains over five billion live cultures from 14 strains of friendly bacteria, is high in fibre and a source of calcium, according to M&S.
It is a “creamy yet tart milk drink with kefir and berries”, and no added sugar or sweetener, according to the retailer. It’s priced at £2 for 150ml and a free gut health guide is provided with every purchase.
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Called M&S Food x Zoe Gut Shot, the drink contains over five billion live cultures from 14 strains of friendly bacteria, is high in fibre and a source of calcium, according to M&S.
It is a “creamy yet tart milk drink with kefir and berries”, and no added sugar or sweetener, according to the retailer. It’s priced at £2 for 150ml and a free gut health guide is provided with every purchase.
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03/Jan/2024 17:45
Sainsbury’s winning back market share from Lidl and Aldi ‘for the first time’
Sainsbury's CEO Simon Roberts has praised the impact of the supermarket's 'Food First' strategy, which he claims has left Sainsbury's with the 'strongest value position' it's ever had against its competitors, despite the challenges presented by the cost of living crisis.
The grocery sales grew 10.1% during the first half of the year to September 16, pushing retail operating profit up to 2% to £485m, and helped Sainsbury's win market share from both traditional big four competitors and discounters Aldi and Lidl.
Roberts highlighted efforts such as the expansion of Aldi Price Match to more than 400 products and the relaunch of its lowest-tier own-labels under the single Stamford Street banner.
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The grocery sales grew 10.1% during the first half of the year to September 16, pushing retail operating profit up to 2% to £485m, and helped Sainsbury's win market share from both traditional big four competitors and discounters Aldi and Lidl.
Roberts highlighted efforts such as the expansion of Aldi Price Match to more than 400 products and the relaunch of its lowest-tier own-labels under the single Stamford Street banner.
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03/Nov/2023 10:36
Délifrance launches Smart Guide to help food operators do more with less
Leading baked goods manufacturer, Délifrance, today announced the launch of a new guide aimed at helping business partners overcome the four main challenges facing the foodservice industry right now. With recommendations and insight addressing price inflation, staffing constraints, standing out and social responsibility, 'Smart Guide: Time Saving & Low Budget Service Solutions' is packed with timely advice to help food operators do more with less while staying one step ahead of the competition.
Délifrance researched over forty foodservice customers across six European countries to understand how best to support their businesses and used the findings to create the ‘Smart Guide’.
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Délifrance researched over forty foodservice customers across six European countries to understand how best to support their businesses and used the findings to create the ‘Smart Guide’.
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31/Oct/2023 15:33
Asda accelerates move into convenience with first 11 Co-op conversions
As part of its strategic move into the fast-growing convenience market, Asda has begun rebranding the first 11 out of 132 sites it acquired from the Co-op last year. These sites will be renamed 'Asda Express.' The remaining 105 locations are scheduled to undergo rebranding by the end of the first quarter of the following year.
This expansion was a significant step in Asda's long-term plan to establish itself as the UK's second-largest supermarket and capture a share of the rapidly growing £40 billion convenience market. The acquisition of these sites received regulatory approval from the Competition & Markets Authority in June.
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This expansion was a significant step in Asda's long-term plan to establish itself as the UK's second-largest supermarket and capture a share of the rapidly growing £40 billion convenience market. The acquisition of these sites received regulatory approval from the Competition & Markets Authority in June.
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13/Oct/2023 12:24
Morrisons hires Carrefour France boss as new CEO
Morrisons has hired the former Carrefour France boss Rami Baitiéh as its new CEO, following the departure of David Potts.
Baitiéh will start in November and will work closely with Potts, who has been steering the company for nine years, to ensure a seamless transition.
Rami said: “Morrisons holds a special place for shoppers across the UK, and I am honoured to be joining the business to help build on the strong links the company has with its loyal customers and the communities where it operates.
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Baitiéh will start in November and will work closely with Potts, who has been steering the company for nine years, to ensure a seamless transition.
Rami said: “Morrisons holds a special place for shoppers across the UK, and I am honoured to be joining the business to help build on the strong links the company has with its loyal customers and the communities where it operates.
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27/Sep/2023 14:24
Kayu Bakehouse to open first UK site in London
Artisan bakery KAYU Bakehouse is set to open its first UK site this October in London. The new boutique in Shepherd Market will showcase their desserts and freshly baked pastries.
From the Middle East to Mayfair, KAYU Bakehouse specialises in French desserts created using only natural ingredients. The menu showcases a selection of truly tempting delicacies including the sweet Raspberry Cream Cheese Croissants, the satisfying Double Chocolate Brioche, and their signature temptations such as Mousse Chocolat, Mosaic Roll Cake, and Eclairs. Guests can also enjoy a selection of adventurous Macarons.
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From the Middle East to Mayfair, KAYU Bakehouse specialises in French desserts created using only natural ingredients. The menu showcases a selection of truly tempting delicacies including the sweet Raspberry Cream Cheese Croissants, the satisfying Double Chocolate Brioche, and their signature temptations such as Mousse Chocolat, Mosaic Roll Cake, and Eclairs. Guests can also enjoy a selection of adventurous Macarons.
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21/Sep/2023 07:54
SCOTMID ANNOUNCES NEW CHARITY PARTNERSHIP WITH RNLI AND INVITES CUSTOMERS ACROSS SCOTLAND TO GET ON BOARD
Scotmid has unveiled an exciting new charitable collaboration with the RNLI (Royal National Lifeboat Institution) and is urging customers, members, and colleagues to unite and seize the chance to contribute to their fundraising endeavours.
The proceeds will go towards acquiring a new Atlantic 85 lifeboat for the RNLI. This vessel will serve as a vital component of the relief fleet, providing crucial assistance in rescue operations when other vessels are undergoing essential repairs or maintenance. It's a partnership that aims to bolster the RNLI's capacity to save lives at sea.
Jill Hepburn.
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The proceeds will go towards acquiring a new Atlantic 85 lifeboat for the RNLI. This vessel will serve as a vital component of the relief fleet, providing crucial assistance in rescue operations when other vessels are undergoing essential repairs or maintenance. It's a partnership that aims to bolster the RNLI's capacity to save lives at sea.
Jill Hepburn.
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14/Sep/2023 15:37
Aldi is hiring more than 1,700 workers between now and the end of the year
Aldi has announced plans to hire more than 1,700 workers in its warehouses between now and the end of the year.
Jobs on offer at the supermarket will include full-time and part-time positions at its regional distribution centres, with salaries of up to £53,000 a year. Aldi said the move forms part of its nationwide expansion plans to open an average of one new store a week between now and Christmas.
Kelly Stokes, recruitment director at Aldi UK, said: 'As we continue to grow and attract new shoppers.
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Jobs on offer at the supermarket will include full-time and part-time positions at its regional distribution centres, with salaries of up to £53,000 a year. Aldi said the move forms part of its nationwide expansion plans to open an average of one new store a week between now and Christmas.
Kelly Stokes, recruitment director at Aldi UK, said: 'As we continue to grow and attract new shoppers.
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17/Aug/2023 14:41
M&S launches TV ad featuring top female football stars
M&S has launched its latest Eat Well campaign today, in partnership with the UK’s national football team associations.
The upmarket retailer launched the nationwide campaign to encourage customers to ‘Follow the Flower’ in M&S stores to spot healthier choices.
It forms the latest step in M&S Food’s Eat Well, Play Well partnership with the England, Scotland, Cymru and the Northern Ireland National Football Teams, in which it is using sport to influence some of the UK’s biggest footballing heroes to help families make healthier choices.
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The upmarket retailer launched the nationwide campaign to encourage customers to ‘Follow the Flower’ in M&S stores to spot healthier choices.
It forms the latest step in M&S Food’s Eat Well, Play Well partnership with the England, Scotland, Cymru and the Northern Ireland National Football Teams, in which it is using sport to influence some of the UK’s biggest footballing heroes to help families make healthier choices.
more »
20/Jul/2023 18:35
Iceland becomes latest grocer to announce price cuts of 500 grocery essentials
Supermarket Iceland is taking proactive steps to remain competitive in the grocery market by reducing the prices of 500 essential items and offering multibuy deals on one-third of its product range.
Among the price cuts, customers can expect significant savings on products like a 15-pack of Youngs Fish Fingers, which will now be priced at £2 instead of £3.50, Nescafe Coffee 200g at £4.50 instead of £6.50, Anchor Spreadable Butter 400g at £2.50 instead of £3.50, and four cans of Heinz spaghetti in tomato sauce at £3.50 instead of £4
Iceland Foods executive chair Richard Walker said: “Families are struggling more than ever as the cost-of-living crisis worsens.
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Among the price cuts, customers can expect significant savings on products like a 15-pack of Youngs Fish Fingers, which will now be priced at £2 instead of £3.50, Nescafe Coffee 200g at £4.50 instead of £6.50, Anchor Spreadable Butter 400g at £2.50 instead of £3.50, and four cans of Heinz spaghetti in tomato sauce at £3.50 instead of £4
Iceland Foods executive chair Richard Walker said: “Families are struggling more than ever as the cost-of-living crisis worsens.
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20/Jul/2023 18:30
Tesco to lead the way on supermarket price cuts by leaning on suppliers
Tesco has informed its suppliers about its intention to reduce prices across its entire range of fresh and packaged products. This move marks the largest review of its kind since Dave Lewis's Project Reset. During a presentation, the retail giant communicated its plan to implement a 'new pricing policy across all tiers,' starting immediately.
At a recent conference, Tesco emphasised its expectation for suppliers to collaborate in transitioning the market from inflation to deflation, aligning with its Fit for Growth strategy. This reset encompasses an extensive range rationalization, a new promotions policy.
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At a recent conference, Tesco emphasised its expectation for suppliers to collaborate in transitioning the market from inflation to deflation, aligning with its Fit for Growth strategy. This reset encompasses an extensive range rationalization, a new promotions policy.
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17/Jul/2023 16:19
Ocado names ex-Ted Baker CEO as non-executive director
Ocado has appointed former Ted Baker boss Rachel Osborne as a new independent non-executive director.
Due to take up her position from 1 September, Osborne will also join the retailer’s Audit Committee and People Committee.
Osborne stepped down from her role at Ted Baker earlier this month as the fashion retailer’s newest owner Authentic is in the process of converting the business into a brand licensing model.
Prior to that.
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Due to take up her position from 1 September, Osborne will also join the retailer’s Audit Committee and People Committee.
Osborne stepped down from her role at Ted Baker earlier this month as the fashion retailer’s newest owner Authentic is in the process of converting the business into a brand licensing model.
Prior to that.
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28/Jun/2023 17:33
Morrisons announces sixth round of price cuts this year
Morrisons has continued to slash food prices as it looks to support customers with the rising cost of living.
From 19th June, shoppers can enjoy savings of up to 25% on 47 essential fresh food items and popular summer favorites. These significant price reductions will remain in effect until August and encompass a wide range of products, including mince, tomatoes, butter, cereal, and pitta breads.
This sixth round of price cuts is part of Morrisons' ongoing commitment to supporting its customers.
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From 19th June, shoppers can enjoy savings of up to 25% on 47 essential fresh food items and popular summer favorites. These significant price reductions will remain in effect until August and encompass a wide range of products, including mince, tomatoes, butter, cereal, and pitta breads.
This sixth round of price cuts is part of Morrisons' ongoing commitment to supporting its customers.
more »
21/Jun/2023 11:30