All articles by Ed Devlin – Page 144
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Eagle Eye secures three-year John Lewis contract
Shares in the grocery tech firm jumped almost 10% this morning on back on the John Lewis contact win.
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Suppliers 'shrugging off Brexit challenges'
Food and drink manufacturers are entering the second half of the year in bullish mood, according to a new report by BDO
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Premier Foods renews £60m-sales Cadbury licence with Mondelez
Premier Foods has avoided the “unmitigated disaster” of losing its lucrative Cadbury licence
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Tayto paid £35k for Portlebay popcorn, administrator reveals
Northern Irish crisps maker Tayto picked up premium popcorn brand Portlebay for just £35,000 in a pre-pack deal
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Media Bites 12 May: Aldi, Morrisons, Deliveroo, EU fishing policy
The Guardian has published a story based on The Grocer’s exclusive interview with Aldi CEO Matthew Barnes. Plus, a bumper pay rise for Morrisons CEO David Potts; and Deliveroo bows to pressure to change contracts for UK couriers.
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City snapshot: Inflation eases back as supermarkets continue price battle
Inflation eased in April as the big four supermarkets continued to battle the discounters and keep prices low, the lastest Grocer Price Index data suggests. Plus, an exclusive interview with Aldi CEO Matthew Barnes; the latest annual BDO food and drink report; and Eagle Eye wins a three-year contract with John Lewis.
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Simplee Aloe to boost category awareness with £1m funding
Drinks startup Simplee Aloe has secured almost £1m in venture capital funding
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Just Eat faces CMA in-depth inquiry into £200m Hungryhouse takeover
The CMA is worried that the loss of competition from the combination of the two companies could lead to worse terms for restuarants who use either of the takeaway services
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Media Bites 10 May: John Lewis, Coca-Cola, BRC retail sales
John Lewis created plenty of headlines this morning after it admitted to potentially breaking minimum wage rules.
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City snapshot: Record Kerrygold performance drives 9% revenues surge at Ornua
A record performance by Kerrygold has helped Irish dairy group Ornua increase revenues 9% in 2016 to €1.8bn. Plus, Compass announces its first-half results; the CMA is to investigate the Just Eat takeover of Hungryhouse; Ahold Delhaize reports it Q1 results; and Eagle Eye appoints a new COO
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Sibberi water brand acquired by mineral salt business Westlab
Birch water brand Sibberi has been snapped up by Westlab Group as the bath mineral salts business seeks to tap into the growing clean living trend.
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Media Bites 8 May: M&S, Tesco, Mark Price, Brexit
Marks & Spencer was in the spotlight over the weekend after making two management appointments in a bid to get the business back on track.
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City snapshot: Premier Foods renews Cadbury cake licence
Premier Foods has renewed its licence to make Cadbury branded cake and desserts after agreeing a new deal with Mondelez International. The new contract may lead to Premier also making the full range of Cadbury cake brands such as Flake, Crunchie, Caramel and Marvellous Creations, as well as Oreo.
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Aldi to anchor Bradford discount retail park
Listed real estate investment trust LXi REIT has agreed to fund £10m for the development of a new discount retail park in Bradford to be anchored by a 20,000 sq ft Aldi store, with Home Bargains owner TJ Morris also agreeing pre-let of 16,000 sq ft unit.
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Marks & Spencer appoints former Asda boss Archie Norman chairman
Norman will succeed Robert Swannell – who is set to retire in autumn after seven years on the board
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Media Bites 5 May: Morrisons, AB InBev, Punch Taverns, Unilever, Next
The success of David Potts’ recovery plan at Morrisons is recognised by this morning’s papers after a striking first quarter update. Plus, Q1 results from AB InBev; a first-half loss for Heineken-owned Punch Taverns; Unilever makes a bet on Myanmar; and Next shares slide on tough consumer conditions.
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City snapshot: Former Asda boss Archie Norman appointed as M&S chairman
Marks & Spencer has appointed former Asda CEO Archie Norman as its new chairman
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Boparan boosts waste creds of 2 Sisters with Crawshaws investment
Ranjit Boparan is aiming to boost the waste credentials of his 2 Sisters Food Group thanks to a private investment in lossmaking value meat retail chain Crawshaws.
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Boparan strikes deal for 50% of value meat retailer Crawshaw Group
Ranjit Boparan has agreed to invest £5.1m in struggling value chain Crawshaw for an initial 30% stake, with options to take a further 20%
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Media Bites 26 April: Whitbread, Nestlé, McDonald's, Coca-Cola
The annual results of Costa Coffee owner Whitbread and 300 UK jobs being axed by Nestlé generate plenty of column inches this morning.