All articles by Ed Devlin – Page 129
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News
Kellogg boosts sales for first time two years
Cereal and snacking giant Kellogg has increased sales for the first time in more than two years as its cost-cutting strategy and expansion into healthier foods showed signs of beginning to work.
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News
WooHa to expand US exports thanks to £700k funding
Scottish start-up WooHa Brewing Company is eyeing further exports in the US after securing £700,000 from an SME fund.
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News
CMA launches investigation of Refresco £1bn acquisition of Cott
Refresco’s $1.3bn (£1bn) acquisition of the bottling operations of Canadian drinks manufacturer Cott is to be scrutinised by the UK monopoly watchdog.
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News
City snapshot: Tesco and Booker expect CMA decision on £3.7bn merger this week
The Competition and Markets authority is expected to unveil its provisional findings on the £3.7bn Tesco takeover of wholesaler and cash & carry operator Booker this week. Plus, the CMA is considering whether the £1bn takeover of Cott’s bottling operations, which includes the business in the UK, by Refresco will lessen competition in the sector.
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News
Media Bites 30 October: Planet Organic, Tesco/Booker, palm oil
London-based grocery chain Planet Organic is preparing a sale amid a “healthy-eating” craze, according to the weekend’s papers.
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News
Yorkshire Meatball joins list of collapsed crowdfunded brands
The business, run by father and son David and Gareth Atkinson, raised £123,000 from 220 investors on Crowdcube last April
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News
Mister Free'd founders sell a stake for £750k seed funding
The healthy snack brand will use the money to fund an “aggressive” marketing strategy, expansion of its team and for NPD
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News
Pots & Co takes top spot from BrewDog in Fast 50 list
Soaring demand for its indulgent desserts, as well as lucrative airline deals, helped sales more than double last year
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Analysis and Features
The Fast 50’s ingredients to fuel growth
The more agile and innovative your business, the faster it grows. That’s the lesson of The Grocer’s 2017 Fast 50
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News
Media Bites 26 October: BAT, 2 Sisters, Poundland, Coca-Cola, Refresco
The papers examine the outcome of the capital markets day at British American Tobacco.
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News
City snapshot: Cider volumes flat at Magners maker C&C as AB InBev arrangement beds in
Revenues fell 11% to €273.1m at Magners owner C&C Group in the first half as its cider volumes slumped under a new distribution arrangement with brewing giant AB InBev. Plus, AB InBev reports profits jump as it sells less beer for higher prices in the third quarter.
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News
Forthglade Foods secures £5m growth capital to expand in the UK and overseas
Private equity-backed pet food brand Forthglade Foods has secure £5m growth capital funding to further its expansion plans at home and overseas, as well as developing a larger manufacturing facility.
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News
Dann's Ice Cream expands range of luxury ice cream
Luxury ice cream manufacturer Dann’s Ice Cream is expanding its product range and widening its distribution after securing a five-figure bank loan.
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News
BrewDog returns to crowd for fifth time to raise £10m
BrewDog is again turning to its ‘equity punks’ to raise up to £50m in its fifth crowd campaign
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News
P&G reports sluggish growth in first quarter
Procter & Gamble got off to a slow start in its new financial year as sales came in below expectations as sluggish growth continued to plague global consumer goods giants.
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News
Reckitt restructure baffles City analysts
A surprise radical restructure at Reckitt Benckiser left analysts scratching their heads this week
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News
David Shaw leaves Genius to become MD at Good Hemp
Good Hemp has appointed Genius Gluten Free commercial director David Shaw as its new MD
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News
Quorn capitalises on meat-free popularity with revenue jump
Quorn is back in double-digit growth as demand for meat-free alternatives continues to boom in the UK and overseas…
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News
City snapshot: Metro sales slow in final quarter
Sales slowed in the final quarter for German retailer Metro as like-for-like growth fell back in its wholesale stores and its Real hypermarkets. Plus, DX Group shakes up leadership team as it reports another £80m-plus loss forthe year.
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News
Media Bites 20 October: Unilever, Nestlé, Pernod Ricard, M&S
Unilever’s third quarter trading update was the big fmcg news of the day as the papers dissected how the consumer goods giant was performing after fighting off an unwanted takeover bid from Kraft Heinz earlier this year.