All articles by Ed Devlin – Page 143
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NewsGousto moves towards profitable status as revenues rocket 88%
Recipe box service has posted a £6.6m annual loss as the cost of attracting new customers weighed on the bottom line
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NewsBirds Eye claims it's recovering despite slump in 2016 sales
Birds Eye has suffered another heavy decline in sales as conditions in the branded frozen space remain challenging
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NewsMedia Bites 6 October: Tesco, Unilever, Accrol
Tesco remains in the news as the papers continue coverage of the fraud trial, the aftermath of Wednesday’s results and the ongoing CMA investigation into the Booker merger.
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NewsCity snapshot: Finsbury Food confirms closure of lossmaking Grain D'Or bakery
Finsbury Food Group has this morning confirmed that it will close its London-based bakery business Grain D’Or, with 250 staff facing redundancy.
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NewsMindful Chef smashes £1m crowd target in less than a week
Mindful Chef has smashed its £1m crowdfunding target in less than a week, adding 500-plus investors to the recipe box delivery company’s army of shareholders.
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NewsKellogg's sales continue to slide in the UK
A declining UK cereal market continues to hamper sales at Kellogg’s as its Special K, All Bran and Crunchy Nut brands fell out of favour with shoppers.
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NewsCity snapshot: Gruppo Campari sells Lemonsoda business to Royal Unibrew in €80m deal
Gruppo Campari has reached an agreement to sell the Lemonsoda business to Danish-based beverage producer Royal Unibrew in a deal worth €80m
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NewsMedia Bites 5 October: Tesco, McColl's, PepsiCo, Amazon
News of Tesco’s impressive recover dominates business coverage in today’s papers, with room for the latest in the ongoing accounting scandal trial.
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NewsInnis & Gunn adds three to its board in wake of private equity sale
Scottish craft brewer has added three directors to its board following the completion of its minority sale to global private equity house L Catterton last month.
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NewsWilliam Grant & Sons revenues and profits soar in 2016
Sales and profits have leapt at William Grant & Sons as the Scottish spirits giant thanks to “significant” currency tailwinds in the wake of the weak pound.
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NewsKing Elite Snacks secures £1m bank growth funding
The owner of dried meat snacks brand King Elite Snacks has bagged a seven-figure finance package to expand its manufacturing capability and support growth plans.
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NewsMedia Bites 2 October: 2 Sisters, Tesco, Nisa, Unilever
The fallout from The Guardian and ITV investigation in the chicken supply chain at 2 Sisters was covered over the weekend. Plus, stories on Tesco’s upcoming interim results; Nick Read leaves Nisa; and the Unilever spreads rumours continue.
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NewsCity snapshot: Nick Read walks away from Nisa
Nisa boss Nick Read suddenly left the buying group over the weekend, with the board starting immediate “succession planning”.
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NewsReal Good Food swings to £5.8m loss after troubled year
Beleaguered Real Good Food has swung to heavy losses after a delay in passing on Brexit-linked price inflation and poor cost controls, the group revealed in its full-year results released unscheduled on the London Stock Exchange this afternoon.
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NewsSSP Group continues to ride food-to-go growth
The Upper Crust owner said in a pre-close update that fourth quarter sales were expected to increase by 17.5% year on year
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NewsRecipe box delivery service Mindful Chef returns to the crowd
It comes just over a year after the business received more than £1m from a Seedrs campaign
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Analysis & FeaturesHow much appetite will the City have for Bakkavor?
Will the ascending reputation of own label and the performance of its peers mean a warm welcome on the Stock Exchange?
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NewsMeridian eyes PE cash to fuel nut butter sales
Spreads business Meridian has hired corporate advisors to explore sale options
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NewsKellogg appoints former Coke and AB InBev exec as CEO as Bryant retires
Kellogg CEO John Bryant is stepping down from the helm of the global cereal and snack supplier next week after seven years in the role
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NewsMeat The Alternative to take on Quorn with chilled branded range
The supplier has created an 11-strong range of meals