All articles by Ed Devlin – Page 155
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NewsWhitworths bailed out in £15m takeover by Turkish supplier
New Turkish owner Anatolia is “well aware of the challenges facing Whitworths”
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NewsMedia Bites 19 May: Asda, Marston's, Mintel
Asda’s tentative recovery in its QI results was the main talking point of this morning’s papers …
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NewsFeel Free collapses as questions raised over finance history
The directors of gluten-free food maker Feel Free are facing bankruptcy proceedings
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NewsCity snapshot: Feel Free directors facing bankruptcy proceedings
The directors of gluten-free food maker Feel Free, which raised hundreds of thousands of pounds via crowdfunding, are facing bankruptcy proceedings .. while new Turkish owner Anatolia is confident it can turnaround struggling dried fruit and nuts supplier Whitworths, plus all the other city news
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NewsMedia Bites 17 May: Premier Foods, Dalton Philips, Tesco, Lavazza, inflation
Premier Foods is in focus in this morning’s papers after publishing annual results yesterday. Plus, former Morrisons boss Dalton Philips takes control of Byron Burger as its new chief executive leaves after just five months.
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NewsCity snapshot: Cider maker C&C slumps to a loss in 'challenging' year
Magners and Bulmers owner C&C Group has slumped to a loss as revenues declined by more than £100m and it was hit with exceptional charges totalling more than €150m
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NewsWhitworths snapped up by Turkish wholesaler Anatolia
The merger between Anatolia and Whitworths, which creates one of Europe’s largest dried fruit, nut and seeds businesses, is the final step in a trading relationship dating back 38 years.
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NewsAllplants secures £800k investment as meat-free trend booms
Investors in the vegan ready meal startup include a venture capital firm and one of the founders of Propercorn, along with other food entrepreneurs
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NewsMedia Bites 15 May: Asda, Tesco, Booker, Premier Foods, M&S
Asda is ”shunning” the City this week as it prepares to admit being the worst supermarket performer for the second year in a row. Plus, Tesco hits the headlines again; and Booker and Premier Foods prepare to publish full–year results.
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NewsCity snapshot: Late Easter fuels fastest quarter of footfall growth for five years
A late Easter and the weakened pound help boost footfall growth at the fastest pace for five years. Plus, a short trading update from Fever-Tree
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NewsEagle 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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NewsSuppliers '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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NewsPremier 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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NewsTayto 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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NewsMedia 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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NewsCity 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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NewsSimplee Aloe to boost category awareness with £1m funding
Drinks startup Simplee Aloe has secured almost £1m in venture capital funding
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NewsJust 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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NewsMedia 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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NewsCity 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