All articles by Ed Devlin – Page 156
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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.
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Troffle kicks off crowdfunding pitch for expansion capital
Handmade chocolate start-up Troffle has launched a crowdfunding campaign on KickStarter to raise £20,000 to help the business expand.
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Soulmate Food acquired out of administration
Online healthy food delivery company Soulmate Food has been bought out of administration by its management, securing all 43 jobs.
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ManiLife peanut butter start-up hits £100k crowdfunding target in 35 minutes
Peanut butter start-up ManiLife has blitzed its £100,000 crowdfunding target in less than an hour
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City snapshot: Consumer confidence softens amid rising cost pressures
Consumer confidence is taking a bashing as rising costs squeeze disposable income, according to Deloitte.
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Media Bites 24 April: Weetabix, sterling, economy, Whitbread, M&S, Reckitt Benckiser
The boss of Post moves to allay fears of UK job losses in the wake of the US firm’s takeover of Weetabix from the Chinese.
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Metcalfe's faces legal battle over Skinny launch in States
Amplify Snack Brands has filed a federal trademark infringement and unfair competition lawsuit against Snyder’s-Lance
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Fiddes Payne upbeat as restructure costs drive it into the red
Fiddes Payne has slipped into the red as restructuring costs hit the Cake Angels owner
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LDC confirms secondary buyout at Addo Food Group
Details of the transaction have not been disclosed, but the deal – revealed exclusively by The Grocer last week – is understood to value Addo at upwards of £100m.
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Gourmet Game appoints administrators after trading slowdown
A game wholesaler and supplier based in Lincolnshire has ceased trading after falling into administration as a result of a slowdown in trading in France and Belgium in the wake of last year’s terror attacks and the bird flu outbreak hitting demand.
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Rivington Biscuit brands marketed for sale
Brands manufactured by failed biscuit supplier Rivington Biscuits are being marketed for sale by an IP consulting firm.