All articles by Ed Devlin – Page 12
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NewsUnilever weighs up sale of loss-making snacking brand Graze
Unilever is reportedly looking to offload healthy snacking brand Graze as the consumer packaged foods giant continues to explore ways to reshape its portfolio
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NewsNestlé chairman Paul Bulcke to depart after 50 years with Kit Kat owner
Bulcke does not plan to stand for re-election at the company AGM on 16 April 2026 and will step down from the board following the meeting next year
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NewsCo-op secures £350m loan from banking partners
The company said the deal with HSBC, Barclays, ING, Lloyds, NatWest and Rabobank reflected “strong market confidence” in its resilience and performance following recent financial successes
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Comment & OpinionIt’s too late for Mighty but plant-based is bouncing back
Mighty Drinks has joined the unenviable ranks of plant-based brands going to the wall – but there’s more to the story than failure
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NewsFood inflation hits 15-month high as chocolate and meat prices rise
Spiking food prices has offset cheaper transport to keep UK inflation levels steady in the year to May, new official data out this morning has revealed
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NewsPZ Cussons flogs African palm oil business but EPR rules in UK hit profits
PZ Cussons has sold its stake in a Nigerian edible oils business for £51m as the London-listed personal care group makes progress on efforts to simplify the group
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NewsMighty Drinks hopes for rescue deal after calling in administrators
Mighty Drinks has collapsed into administration, with specialists at recovery firm Interpath searching to put together a rescue deal to save the milk alternatives brand
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NewsB&M CEO Tjeerd Jegen buys £500k-worth of shares for bargain price
B&M has revealed Jegen purchased almost 200,000 shares in five separate transactions last week
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NewsFood & drink manufacturers back in growth as orders rise
The food and drink manufacturing sector has boosted its output for the first time since March, according to a report this morning.
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NewsHunter & Gather joins forces with Julia Bradbury to promote ancestral living
Hunter & Gather has signed up TV presenter Julia Bradbury in an exclusive partnership as a brand ambassador to promote its range of ‘ancestrally inspired’ healthier foods
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NewsTesco share price climbs higher after strong start to the year
Tesco fought off intensifying competition from traditional and discount rivals to continue its run of growing market share in the first quarter to 24 May
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NewsWarburtons defies downturn in wrapped bread as sales rise
Revenues at the group increased 4.2% to £741.1m in the year to 28 September 2024, with volumes defying the structural challenges in the wrapped bread segment of the market by rising 2.9% year on year
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NewsPoundland owner Pepco completes sale of struggling retailer for nominal sum
Poundland MD Barry Williams will continue to lead the business under the new ownership of the retail-focused investment firm Gordon Brothers
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NewsTesco wins more market share as Finest range goes from ‘strength to strength’
The rise in sales beat City expectations, with Tesco highlighting a strong performance from its premium Finest range
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NewsBabease ceases trading as organic babyfood brand’s owner calls in liquidators
It is not the first time the business has been forced to call in insolvency practitioners, with Babease previously saved in a pre-pack administration deal in 2019
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NewsCharlie Bigham’s profits soar from growing brand awareness
Revenues at the company rose 8.8% to £144.3m in the year to 31 August 2024 as volumes jumped by the same amount
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NewsHumantra set for Boots rollout following investment from JamJar
British entrepreneur Charlie Wright founded the brand in Dubai in 2022, entering the UK market the following year with its range of electrolyte and antioxidant drink sachets
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NewsShoppers to tighten belts as grocery inflation ramps up in May
Kantar’s monthly grocery sales figures also revealed M&S maintained strong growth levels despite being hit by a high-profile cybersecurity incident. The retailer generated a 12.3% rise in spending on groceries in the 12 weeks to 18 May 2025
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NewsTennent’s and Bulmers owner C&C Group back in black as Roger White takes helm
This morning’s annual results are the first for the company under the leadership of former AG Barr boss Roger White, who took the helm in January.
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NewsCBD drinks brand Trip racks up losses amid global expansion
The business, launched by Olivia Ferdi and Dan Khoury in 2019, accumulated losses of £5.6m in the year ended 28 February 2024, according to unaudited accounts filed at Companies House. It comes on top of a similar deficit in the prior year and takes total losses at the business to £13.9m