Supplier News – Page 5
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NewsBeyond Meat cuts workforce as demand softens
The plant-based McDonald’s supplier plans to pursue a ”further, sizable reduction of operating expenses to improve our cost structure”
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NewsHall & Woodhouse offloads Rio
Irn Bru maker A.G. Barr has aquired the tropical drink brand for £12.3m
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NewsClimate crisis will make beer more expensive
Agricultural droughts in Europe are expected to directly impact the amount of hops grown and the quality, expects warn
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NewsMolson Coors to pump £10m into Tadcaster brewery expansion
The investment would take place over a two-year period and increase production capacity as well as reducing carbon emissions
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NewsBritain’s pork pie supply at risk as rising costs bite
The iconic British snack faces disruption from inflation and the war in Ukraine
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NewsDiageo ‘well-positioned’ to deliver despite uncertainty
The global drinks brand will continue to invest in marketing and innovation, CEO Debra Crew has said
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NewsCarlsberg Marston’s to close Wychwood Brewery
The CEO of the brewery JV cited the “incredibly competitive” UK ale market and “turbulent economic outlook” for creating a challenging environment to navigate
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NewsAllesch-Taylor launches crypto coffee platform
The entrepreneur behind Coffeesmiths Collective has returned to the coffee space after the collapse of the speciality operator in 2020
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NewsRobot chef company broken up after collapse
Parts of London start-up Karakuri have been sold off to Henry Penny, a US foodservice equipment supplier to KFC and Wendy’s
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News‘It all disappeared with Brexit’: Craft beer boom ends as more than 100 UK firms go bust
New trade barriers were compounded by Covid and tax changes, The Guardian reports
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NewsDiageo sees strong runway of growth
The drinks group said net sales growth was driven by its portfolio of strong brands, diversified footprint, and premiumisation
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NewsUK wine and spirit producers braced for new post-Brexit alcohol duty
Suppliers and makers warn the system beginning on August 1 will hit sales of stronger drinks or trigger ‘drinkflation’
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NewsSessions acquires ServedUp
Rebranded to Sessions Serve, the ePos and mobile ordering company bolsters Sessions’ existing proprietary tech platform
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NewsBeers becoming weaker under new duty regime
Foster’s, Spitfire, Old Speckled Hen and Spitfire are among those that have had their alcohol content reduced, saving between 2p and 3p per can or bottle.
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NewsHGEM acquired by Volaris Group
The guest experience platform will come under the umbrella of catering management company CaterTrax, owned by Toronto-based software group Volaris
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NewsC&C counts £21m cost of software challenges
A system upgrade in the Matthew Clark and Bibendum (MCB) businesses in Britain has been “significantly more challenging and disruptive” than envisaged, with an impact on service and profitability
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NewsPernod Ricard halts all drinks exports to Russia
The brand also recently announced it would stop exporting Swedish vodka brand Absolut to its Russian distribution network, The Financial Times reports
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NewsZero Carbon Forum reports significant savings from energy reduction
The non-profit has announced collective member savings of £1.43m in lost profits as a result of its Save While You Sleep campaign
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NewsAB InBev blames social media ‘misinformation’ for backlash against Bud Light
The best-selling US beer has been hit by a rightwing boycott following a promotion by transgender influencer, the Financial Times reports
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NewsPrice of fish and chip takeaway up by a fifth
The average cost of the popular takeaway dish is now £9, with the price of oil, potatoes and battered fish having rocketed over the past 12 months