Latest news with #HeronFoods
The Sun
15-07-2025
- Business
- The Sun
New Quavers flavour that's ‘better than original' is finally spotted on UK supermarket shelves for first time in 3 years
HOME Bargains shoppers have finally spotted a new Quavers flavour on shelves that has been branded "better than the original". It is the first new flavour of the tasty snack in three years. 1 The new Red Leicester-flavoured treat is also currently available in B&M and Heron Foods. Social media users have been crunching the numbers on Facebook, with one posting: "Multi-pack £2.10 in B&M." Another added: "I bought the 6 pack today £1.79 from Heron", while one user stated the snack was available for £1.50 in Home Bargains. The comments prompted one person to post: "I really need to try these." Tesco shoppers will be able to get their hands on the new Red Leicester Quaver flavour from the end of July. Better yet, other major supermarkets are due to stock the delight from September, giving shoppers just a few weeks to wait. A single-serve bag costs £1.35 as well as being available as a grab bag and multipack. The crisps join fan favourites such as Cheese, Prawn Cocktail, and BBQ Sauce. And it is not the only new crisp flavour that Walkers has brought back. Fans were delighted when Tomato Ketchup crisps were spotted on shelves after going missing for the past two years. They were also accompanied by multipacks of the Worcester Sauce flavoured crisps - which were originally brought back exclusively to a single store in Worcester. Elsewhere, Discos, owned by KP Snacks, is bringing back its beloved pickled onion flavour after it was last seen on shelves in 2005. The tangy snack will be sold in convenience stores across the UK from August 27, giving punters just a matter of weeks before they're reunited with the flavour. Customers can expect to pay £1.35 for a 70g bag when they land in shops. It will be good news for fans of the savoury delight, many of whom have been begging the British manufacturer to bring the product back. In 2022, one passionate customer went as far as launching a petition. More returning products White chocolate Maltesers made a grand return to shelves earlier this year after a 10-year hiatus. A 30g bag is currently available to buy in Morrisons for £1.05, while a larger 74g pouch costs £1.75. Elsewhere, Opal Fruits, which were rebranded as Starburst in 1998, will now be available across major UK retailers. Customers will be able to purchase the treats from Sainsbury's, Tesco, and Morrisons stores for shoppers to enjoy a taste of nostalgia. Aldi also said it would bring back its "addictive" .
Rhyl Journal
05-06-2025
- Rhyl Journal
Rhyl woman stole beer and Prosecco from Heron Foods store
Amy Redfearn, 29, of no fixed abode but from the Rhyl area, admitted stealing beer and Prosecco from Rhyl's Heron Foods on High Street on May 1. She pleaded guilty to a charge of theft from a shop at Llandudno Magistrates Court yesterday (June 4). Redfearn was handed a 12-month conditional discharge, and was ordered to pay compensation of £29.25 and costs to the Crown Prosecution Service of £85. In March, she was sentenced to four weeks' imprisonment for stealing goods worth £93.97 from the Boots store in Rhyl. Prior to that, she was jailed for six weeks in October 2023 in relation to eight shoplifting offences across Denbighshire, with the total value of items she stole amounting to £857.58.
Forbes
04-06-2025
- Business
- Forbes
B&M Tanks 6.3% As FTSE 250 Retailer Announces Profits Slump
Photographer: Chris Ratcliffe/Bloomberg B&M shares dropped on Wednesday as it announced a sharp profits reversal for the last financial year as like-for-like sales at its core UK operation dropped. At 311p per share, the FTSE 250 retailer were last dealing 6.3% lower in midweek trade. Revenues rose 3.7% in the 12 months to March 2025 to £5.6 billion, the discount retailer said, though growth was driven primarily from new store openings. Last year the company opened 38 new stores at its core B&M UK unit, and 55 across the broader group (which includes B&M in France and Heron Foods). On a constant currency basis, turnover was up 4% year on year. Adjusted earnings before interest, tax, amortization and depreciation (EBITDA) ticked 0.6% higher to £620 million. This was at the higher end of the £605 million - £625 million that B&M predicted during its latest forecast downgrade in February. However, the company endured a 7% reversal in operating profit, to £566 million. On an adjusted basis operating profit declined 1.8% 'due to higher depreciation from our asset base,' to £591 million. Pre-tax profit slumped 13.2% from fiscal 2024, to £431 million. B&M raised the full-year dividend to 15p per share from 14.7p in financial 2024. At B&M UK – which accounts for approximately 80% of group revenues – turnover rose 3.8% to £4.5 billion, though annual growth cooled from 6.2% in the prior 12 months. LFL sales were down 3.1%. The business said that its performance in fast-moving consumer goods (FMCG) categories 'did not meet our internal expectations, showing negative LFL performance in both sales value and units.' Sales growth at B&M France slowed to 7.8% in financial 2025 from 16.7% previously, with total revenues coming in at £542 million. But like-for-like sales improved 2.1% year on year. Heron Foods sales edged 0.6% lower to £546 million, turning from growth of 13.1% the previous year. B&M described trading conditions in its critical UK market as 'challenging,' noting that 'a very subdued garden season, heightened consumer caution, limited real wage growth … and the timing of Easter' all took their toll on sales. The FTSE 250 firm said that the current financial year will be impacted by 'retail sector-wide challenges of increased minimum wage costs, higher employee national insurance and other taxes, and inflation on input costs.' However, it added that 'work continues to reduce the impact of these pressures, through driving productivity improvements and sales volume growth.' At B&M UK, the company aims to open 45 gross new stores to match last year's total. It eventually hope to have 1,200 of these branded outlets up and running, up from 777 today. B&M announced in May that retail veteran Tjeerd Jegen will take the reins as chief executive on 16 June. He was formerly CEO of Dutch bicycle and bike parts manufacturer Accell Group. Former permanent chief Alex Russo left the company in late April after a period of sustained sales pressure. Analyst Russell Pointon of Edison commented that B&M's results 'demonstrate the wider macroeconomic challenges as well as execution issues on its own part.' For the current financial period, he anticipated commented that 'minimum-wage and input-cost inflation [will be] balanced by productivity gains and ongoing store expansion in the UK and France.' Pointon added that 'B&M's disciplined cost base, robust value proposition, and clear remediation plans for underperforming categories mean it is well-placed to deliver modest profit growth even as wider retail headwinds persist.'
The Sun
04-06-2025
- Business
- The Sun
B&M boss reveals huge change in stores and shoppers might be disappointed
B&M bosses have revealed a huge change in store and shoppers might be disappointed. The budget retailer has switched up its range to include products that are more expensive. 1 That's according to B&M's financial results for the year to March 2025. The group revealed revenues declined by 3.1% over the year to March 29, compared like-for-like with the previous year. The retail chain said cutting some of its prices had resulted in it making less money for products like homeware, toys, and electricals. However, including the impact of the 36 net new stores opened over the year, revenues grew by 3.8% to £4.5 billion. The group's pre-tax profit fell 13% to £431 million year-on-year, which it said was impacted by higher interest and finance costs. B&M, which has 777 stores in the UK and 135 in France, as well as 343 Heron Foods and B&M Express shops, said it faced a 'challenging' retail environment. Shoppers were affected by limited wage growth, especially for its lower-income customer base who faced a cut-off in Government 'cost-of-living' payments during the year, the company said. It also flagged heightened cautiousness to spend among consumers, and 'very subdued' garden spending due to poor weather at the start of its financial year. Furthermore, B&M said its own operations 'could have been better' and it was now addressing this. For example, it reduced prices on some general merchandise products in UK shops which drove a higher volume of sales, but dragged on the total value of sales over the year. B&M said it had adjusted its range to now include more products sold at a higher price, which had boosted both the volume and value of sales in recent months. The group said the year ahead would bring new challenges for the sector, namely higher labour costs and inflation. It is expecting to face a roughly £75 million hit from increased national insurance contributions, the higher minimum wage, and additional packaging taxes which came in from April. 'Work continues to reduce the impact of these pressures, through driving productivity improvements and sales volume growth,' B&M said. 'The underlying market trend towards discount retail continues, and the group's value proposition will continue to resonate with consumers navigating ongoing economic pressures.' How to save money at B&M Shoppers have saved hundreds of pounds a year by using B&M's scanner app. The scanner lets you see if an item's price is cheaper than advertised on the shop floor label. Products that are typically discounted are seasonal items and old stock that B&M is trying to shift. The app is free to download off the B&M Stores mobile app via Google Play or the Apple App Store. According to one ex-B&M manager, you'll want to visit your local branch at 10am on a Wednesday too. Here's how you can join the B&M bargain hunt: Download the B&M app for free on any smartphone with an App Store or Google Play. Once you've installed it on your device, click on the option labelled "more" on the bottom, right-hand side of the app home page. You'll then find an option that says "barcode scanner". Click on this and you'll open a camera screen. Use the camera to hover over the barcode of the product you wish to check. If the price comes up as lower, take it to the cash desk and it will automatically scan at the lower price. You don't need to sign up to the B&M app to use the barcode scanner.
The Independent
04-06-2025
- Business
- The Independent
B&M UK sales squeezed as lower-income consumers miss out on wage rises
Budget retailer B&M has revealed a dip in UK sales as it faced cautious shoppers and weak wage growth for lower-income households. The retail chain said cutting some of its prices had resulted in it making less money for products like homeware, toys, and electricals. In the UK, revenues declined by 3.1% over the year to March 29, compared like-for-like with the previous year. However, including the impact of the 36 net new stores opened over the year, revenues grew by 3.8% to £4.5 billion. The group's pre-tax profit fell 13% to £431 million year-on-year, which it said was impacted by higher interest and finance costs. B&M, which has 777 stores in the UK and 135 in France, as well as 343 Heron Foods and B&M Express shops, said it faced a 'challenging' retail environment. Shoppers were affected by limited wage growth, especially for its lower-income customer base who faced a cut-off in Government 'cost-of-living' payments during the year, the company said. It also flagged heightened cautiousness to spend among consumers, and 'very subdued' garden spending due to poor weather at the start of its financial year. Furthermore, B&M said its own operations 'could have been better' and it was now addressing this. For example, it reduced prices on some general merchandise products in UK shops which drove a higher volume of sales, but dragged on the total value of sales over the year. B&M said it had adjusted its range to now include more products sold at a higher price, which had boosted both the volume and value of sales in recent months. The group said the year ahead would bring new challenges for the sector, namely higher labour costs and inflation. It is expecting to face a roughly £75 million hit from increased national insurance contributions, the higher minimum wage, and additional packaging taxes which came in from April. ' Work continues to reduce the impact of these pressures, through driving productivity improvements and sales volume growth,' B&M said. 'The underlying market trend towards discount retail continues, and the group's value proposition will continue to resonate with consumers navigating ongoing economic pressures.'
