Author: Sam Allcock

Suziria will enhance its production capacity in Ukraine and generate 130 new jobs at the site in Kalush. Ukraine-based pet food business, Suziria Group, is set to establish a new wet pet food facility after securing a $2m grant. The USAID Investment for Business Resilience Activity (IBR) approved the grant to fund Suziria’s new site in Kalush following a Russian missile attack that damaged the pet food group’s warehouse in Kharkiv. After the attack, Suziria relocated its grain feed production to Kalush. At this new site, it also established facilities for producing meat treats for dogs and cats. Meanwhile, some…

In a bid to reduce carbon emissions, Morrisons has signed the Move to -15°C Coalition’s letter of intent and taken the initial steps to progress. Morrisons has become the first UK retailer to take action with the Move to -15°C Coalition, making the first concrete move on 1 August 2024 by increasing the freezer temperatures in 10 stores by three degrees. Recent comprehensive academic studies have shown that raising freezer temperatures across the supply chain by just three degrees can revolutionise global logistics by reducing carbon emissions, saving energy, and lowering costs. A worldwide adoption of this 3°C change could…

The packaged food industry is bracing for a potential mega-deal not seen since the 2015 merger of Kraft Foods and HJ Heinz. Markets responded positively to the news over the weekend that Mars is interested in acquiring the US snacks giant Kellanova, as reported by two major media outlets. Kellanova shares surged more than 19% in pre-market New York trading on Monday (5 August) and maintained double-digit gains throughout the day, closing 16% higher at $73.20, despite a wider stock market downturn amid US recession concerns. The reaction might have been substantial for Mars as well, if not for the…

The provisional decision follows a Phase 2 review revealing that Tereos’ UK retail operation could face closure. The UK’s competition watchdog has provisionally approved T&L Sugars’ proposed acquisition of Tereos’ UK assets. Today (6 August), the Competition and Markets Authority (CMA) provisionally determined that, without the deal proceeding, the “most likely outcome is that Tereos’ UK retail business would close”, according to a statement. It added: “Since closure would also result in a loss of competition absent the merger, the panel has provisionally decided to clear the deal.” The transaction had been under a “Phase 2” investigation by the CMA…

The snacking company’s CEO, Steve Cahillane, informed investors that the chip brand is driving volume improvements in North America. Kellanova experienced a 4% year-on-year rise in organic net sales in its most recent quarter, according to the company’s latest earnings report on Thursday. However, net sales were down by 5%, which the report attributed to currency translation issues and the divestiture of its Russian business last year. During Thursday’s earnings call, CEO Steve Cahillane highlighted Pringles as the company’s most successful brand, citing Circana data that showed an increase in net sales for the chips in the last quarter. Cahillane…

CEO John McGuckin said the snack maker’s sales could reach $500 million as it increases household penetration and persuades retailers to stock more of its products. With Clio’s refrigerated bar posting an annual compound growth rate of 50%, CEO John McGuckin could be forgiven for feeling optimistic. However, the former Sabra hummus executive is not resting on his laurels. “The product was always ahead of its time,” McGuckin said in an interview discussing the chocolate-covered yogurt bar. “Even though we’ve had some remarkable success, there’s a long way to go” to build awareness and market penetration. Clio Snacks was founded…

As new research reveals a quarter of Brits view smoked salmon and olives as essential picnic foods, Asda announces the launch of its premium Picnic Punt Delivery Service This summer, the first-of-its-kind supermarket-on-the-water will see 200 picnic packages handed out to riverside diners, completely free of charge The launch comes as data reveals a quarter of Brits consider wine glasses, bread knives and fabric napkins essential picnic equipment, suggesting the simple picnic is a thing of the past Available to punters for one weekend only, Asda’s Picnic Punt Delivery Service will operate in Oxford on the 10th and 11th of…

Did you know National Afternoon Tea Week is next week (12th-18th August)? Gopuff the leading instant grocery delivery platform, has launched luxury afternoon tea for just £7.65pp, which can be delivered straight to your door. Introduced around 1840 as a light bite for the upper classes as a mid-afternoon snack between 3.30pm and 5pm, Afternoon Tea is now enjoyed by Brits of all classes and becoming more popular around the world.  Recent research showed 74% of Brits planned to indulge in the tradition over a year. Gopuff’s Luxury Afternoon Tea includes all your favourite sandwich selections, scones, cakes and teas. Enjoy fresh, high-quality ingredients delivered in minutes. Gopuff’s Luxury…

Introduction eBay, an online marketplace founded in 1995, has become a household name synonymous with online auctions and consumer-to-consumer sales. Pierre Omidyar, the company’s founder, aimed to create a platform where individuals could easily buy and sell items in a user-friendly environment. Over the years, eBay has evolved significantly, adapting to market changes and technological advancements while maintaining its core principle of facilitating trade between individuals and businesses. This article explores eBay’s history, business model, evolution, challenges, and its current position in the e-commerce landscape. History and Founding eBay began as a small online auction site called “AuctionWeb” in September…

In the vast and dynamic world of online games, “Cowordle” has emerged as a revolutionary twist on the traditional word puzzle genre. Combining the addictive nature of word games with the social and collaborative elements of multiplayer experiences, Cowordle has garnered a dedicated following and redefined how we perceive and play word games. The Genesis of Cowordle Cowordle originated as a simple idea: what if players could solve word puzzles together, rather than individually? This concept was brought to life by a small team of developers passionate about word games and social interactions. They envisioned a game where cooperation and…