All articles by Ed Devlin – Page 160
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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
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NewsSibberi 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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NewsMedia 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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NewsCity 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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NewsAldi 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