UK Health Policy Hinders Manufacturer Food Innovation Investment – FDF
UK food and drink manufacturers face unstable policies and costs, deterring investment in healthier food and beverage innovation.
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Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Saputo creates ingredients division to capitalize on protein demand
The new business unit comes as the cheesemaker invests to increase production of whey protein amid industry-wide shortages.
Consumer AI use a boon for the holidays as AI traffic doubles
Consumers using AI engage with brands’ offers at a higher rate than non-AI traffic and generate more revenue per visit, a survey from Adobe found.
Metrocentre acquired by Landsec in £516m deal
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Sargento acquires La Terra Fina
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Haribo cancels plan for new Germany plant
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McCormick Beats Quarterly Sales Estimates On Steady Demand
McCormick beat Wall Street estimates for third-quarter sales as consumers continued to reach for its seasonings and sauces.
CMA considers sale of 15 Co-op convenience stores
Co-op Group completed its takeover of Southern Co-op in July, but the deal remains subject to CMA approval
Topps Tiles revenue falls to £292m amid store closures
The retailer saw a 1.3% decline in annual sales, but trade unit Pro Tiler Tools posted record revenue
Another record revenue for Søstrene Grene
With revenue growth of more than 16% in the past fiscal year, Søstrene Grene has once again broken a record. The Danish home goods retailer opened 72 stores and entered three new…
Hormel boosts chicken presence with $1bn Brakebush deal
Hormel Foods is to acquire chicken producer Brakebush Brothers from the Brakebush family for approximately $1.05bn. The post Hormel boosts chicken presence with $1bn Brakebush…
Unstable health policy deterring food firms from UK investment, FDF warns
Uncertainty around UK health regulation is discouraging food and drink manufacturers from investing in healthier product innovation, according to new research from the Food and…