All articles by Ed Devlin – Page 123
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NewsCity Snapshot: Profits slump at Greencore but demand for food-to-go returning
Profits have slumped 40% at Greencore as the coronavirus crisis pushed up costs and saw revenues nosedive, but food-to-go demand started to return in the fourth quarter. And Italian food group Newlat Food has proposed an acquisition of bread maker Hovis.
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News@Pizza raises £1m to launch restaurants and drive-thrus
The business will use the funding to fit out shipping containers to replicate its two bricks & mortar restaurants in Birmingham and Edinburgh
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Analysis & FeaturesWhy does EG Group want to buy Asda and what will it do with it?
The deal with TDR Capital and the Issa brothers would put raw entrepreneurship and ambition in the driving seat at Asda
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NewsMedia Bites 1 October: Tesco, Ocado, Morrisons, Compass Group
Ken Murphy replaces Dave Lewis at Britain’s biggest supermarket today and faces investors next week.
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NewsSomething & Nothing smashes crowdfunding target as it plans alcoholic seltzer launch
Seltzer brand Something & Nothing has raised more than £500,000 to launch a premium alcoholic drinks range and accelerate its direct-to-consumer offering.
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NewsMedia Bites 29 September: Asda, Aldi, Tesco, Reckitt Benckiser
The billionaire brothers behind EG Group have moved into pole position in the race to takeover Asda.
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NewsRejuvenation Water turns to crowd to fund coffee machine 'health pods' launch
Plant-based drinks brand Rejuvenation Water is seeking funding to launch a range of compostable ‘health pods’ for Nespresso-compatible coffee machines
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NewsEG Group owners take lead in £6.5bn race to buy Asda
The billionaire owners of forecourt operator EG Group have been tipped to be in pole position in the race to buy Asda
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NewsMeatless Farm Co raises $31m for global expansion
The plant-based brand has raised $31m (£24m) in a new funding round to support global growth plans
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NewsAldi plans 4,000 new jobs as it invests £1.3bn in new stores and upgrades
It has pledged to invest the money into new and upgraded stores, distribution centres and further innovations across its business
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NewsMedia Bites 28 September: Tesco, Asda, Pladis
Ken Murphy has a big repair job on his hands, says The Times
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![Diageo in article image 2[1]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/9/1/9/217919_diageoinarticleimage21_992451.jpg)
NewsCity snapshot: Diageo CEO hails resilient performance as recovery continues
Diageo has raised its outlook for the first half on the back of a good start to its new financial year, with the US business performing ahead of expectations.
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NewsCity news: AG Barr shares flourish after showing Covid resilience
Shares in Irn-Bru maker AG Barr fizzed more than 15% higher to 430p on Tuesday after it assured investors of the strength of its balance sheet and floated the prospect of a resumption in dividend payments next year.
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NewsFormer Tesco exec Jill Easterbrook appointed to Ultimate Products board
Easterbrook and Christine Adshead have joined the company as non-executive directors
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NewsCity snapshot: LDC prepares Addo Food Group for £200m-plus sale
LDC is prepping chilled savoury pastries supplier Addo Food Group for a sale after more than three years of ownership, The Grocer has learned.
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NewsMedia Bites 25 September: Coronavirus, Morrisons, Pets at Home,
The government will cover almost a quarter of pay for workers in “viable” jobs for the next six months
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NewsNon-alcoholic spirits brand Lyre’s raises £9m in growth funds
The brand is available in more than 30 markets worldwide and is expanding into the RTD category in 2021
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NewsAddo Food Group’s PE owners ready £200m-plus sale
Addo could command a price tag of £200m-plus after strong growth under LDC’s ownership
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NewsBorder Biscuits appoints Paul Parkins as MD
Parkins has held several high-ranking positions at fmcg brands during his career, including almost 10 years at United Biscuits
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NewsMedia Bites 24 September: Uncle Ben’s, Tesco, Asda, Ocado
Uncle Ben’s is to change its name following criticism that its branding involved racial stereotyping