All articles by Ed Devlin
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Steven Bartlett steps down as Huel director
Filings at Companies House confirmed Bartlett and fellow non-executive Emma Woods were no longer directors at the business
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Promotions boost supermarket sales in January
Supermarkets kept shoppers spending after Christmas by offering a raft of promotions as take-home sales rose by 4.3% in January
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James Watt invests £10k in Cosi Care after Instagram pitch competition
Watt has invested £10k in the personal care startup after running a ‘pitch-in-a-comment’ competition to promote his House of Unicorns reality TV show
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Pooch & Mutt acquires pet gut health firm Biome9
Natural petcare brand Pooch & Mutt has expanded its offering with the acquisition of gut health testing tech firm Biome9, which is backed by Warburtons boss Jonathan Warburton and former Pets at Home CEO Peter Pritchard
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MicroSalt raises £2.3m in preparation for surging demand for less salt
The low-sodium salt producer completed a multimillion-pound raise to ramp up its inventory to meet anticipated demand from snack manufacturers looking to make healthier products
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City snapshot: Ultimate Products shares crash amid weak consumer demand
Homeware group Ultimate Products is the latest consumer-facing firm to take a hit from the current challenging market conditions as revenues slide on weaker demand for general merchandise
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City snapshot: John Lewis to fall short of profit targets as Waitrose disappoints at Christmas
Disappointing Christmas sales at Waitrose are to blame for John Lewis missing profits targets over the festive season in a setback for the partnership’s ongoing turnaround
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Seep cleans up on Dragons’ Den with backing from Trinny Woodall
Founder Laura Harnett secured £50k in return for a 4% stake from Deborah Meaden and Woodall in the latest edition of the BBC One programme, aired this evening
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Love Sum celebrates Lunar New Year with Dragons’ Den investment offer
Sandy Tang launched Love Sum after she made it to the final three on the 2020 series of Masterchef. She hopes the backing of Peter Jones will help propel the ready-to-cook brand into more mainstream supermarkets
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Montezuma’s back in black in first year after rescue
Revenues at the business surged in the year to 31 May 2024 to £10.8m – higher than at the chocolate maker’s peak – as new owner Paramount Retail Group focused on a turnaround
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Greencore delivers positive Q1 but warns of ‘unprecedented’ labour cost challenges
Sandwich maker Greencore has reaffirmed its full-year guidance following a ‘strong’ first quarter with volumes growing ahead of the market
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Morrisons turnaround gathers momentum to end the year on a high
Morrisons has delivered its strongest quarter for almost four years following a year of ‘urgent reinvigoration and positive progress’
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Virgin Wines raises a glass to ‘highly encouraging’ Christmas
Revenues increased 6.7% year on year over the six weeks to 27 December, with sales over the month as a whole up 9% compared with December 2023. The DTC wine retailer said it was the highest level seen since the peak period during the Covid lockdowns
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SSP Group maintains guidance following ‘good’ start to new financial year
A recovery at SSP Group has continued to gather momentum, benefiting from strong growth in the travel industry around the world and fewer strike days on the railways in the UK
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Pets at Home sales hit by weak footfall in ‘golden quarter’
Revenues at Pets at Home have fallen in the ‘golden quarter’ as the challenging consumer environment led to fewer customers visiting stores
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Vegan Food Group strengthens board with UK MD and CFO
The Vegan Food Group has strengthened its board with the creation of a new UK managing director role and the appointment of a new CFO
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Impossibrew smashes crowdfunding campaign to raise more than £1m
The brand uses natural nootropics and adaptogens to create a 0.5% beer that gives drinkers a ‘one or two pints feeling minus the downsides’
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Profit warnings ramp up across retailers in ‘golden quarter'
Profit warnings at UK retailers ramped up in the final ‘golden quarter’ of the year as consumer confidence remained under pressure
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City snapshot: WH Smith confirms high street sell-off talks, while Diageo rules out Guinness sale
WH Smith is exploring a potential sale of its high street stores in a bid to become a pure-play travel business, and Diageo rules out a sale of Guinness
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WH Smith explores sale of high street division
WH Smith is in talks to sell off its high street retail operation to focus exclusively on the growing travel division of stores in airports and railway stations