All articles by Ed Devlin – Page 173
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NewsWiltshire Farm Foods expands in Yorkshire with bank funding
Frozen meals delivery specialist Wiltshire Farm Foods has secured a five-figure funding package to buy a new depot in Yorkshire.
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NewsMedia Bites 7 December: Amazon, Lego, Co-op
Amazon’s queue-less, cashier-less – and cash-less – grocery store in Seattle comes under the media spotlight.
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NewsCity snapshot: Ahold Delhaize to double online sales by 2020
European food retail giant Ahold Delhaize has outlined a plan to make the most of its international scale following the merger, which includes doubling its online sales in the next four years and a €1bn share buyback.
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NewsRhubarb wins backing of new private equity owner
Private equity firm Livingbridge has snapped up contract caterer and restaurant operator Rhubarb.
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NewsOatly sells stake to fund global expansion
Oat-based milk alternative brand Oatly has raised cash for a global push with the sale of a minority stake.
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NewsMedia Bites 5 December: Brexit, shop prices, Fortnum & Mason, M&S, Walmart
Brexit could lead to cheaper food for consumers if the right policies are adopted, an official from the OBR claims. Plus, shop prices decline for 43rd month in a row.
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NewsFood price deflation slows significantly
Inflationary pressures squeezing suppliers are beginning to filter through to the supermarkets as food price deflation slowed significantly in November, the latest BRC – Nielsen shop price index reveals.
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NewsChaucer acquired by Japanese instant food maker Nagatanien
The deal will see Chaucer, which produces freeze-dried fruit & veg for global blue-chip clients such as Kellogg’s, Unilever, Nestlé and Starbucks, continue its push into the US, as well as opening up the Japanese market.
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NewsMcCormick expands European presence with €120m Enrico Giotti acquisition
Spices and sauces giant McCormick has acquired an Italian flavourings business in a €120m cash deal to expand its presence in Europe after walking away from its pursuit of Premier Foods earlier this year.
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NewsAngus & Oink close in on BackIt funding target
Barbecue sauces brand Angus & Oink is close to reaching its fundraising ambitions on the Tesco crowdfunding site to help upscale production and launch a new product.
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NewsInnis & Gunn raises £2.5m in crowdfunding campaign
The fundraising values the brewer at almost £50m and put a 4.8% stake in the hands of 2,012 investors.
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NewsMedia Bites 30 November: Iceland, John Lewis, Carlsberg
Iceland v Iceland hits the papers again today as the frozen supermarket chain’s bosses hope for a thaw in relations.
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NewsCity snapshot: Britvic sales fizz as PepsiCo brands grow
Sales have fizzed 10.1% higher at Britvic as its UK portfolio of carbonated soft drinks, including PepsiCo brands, delivered growth to offset declines for the Robinsons range
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NewsCrawshaw confident turnaround strategy is working
The value meat retailer reported “good progress” in restoring sales momentum since the trading update in September.
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NewsCranswick calls for clarity from government on EU workers
It comes as the group posted strong half-year results, with revenues up 16% to £581m on the back of double-digit volume growth.
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NewsMedia Bites 29 November: Tesco, Amazon, Cadbury
Former Tesco boss Philip Clarke will not face charges from the Serious Fraud Office over the accounting scandal that blew a £326m hole in the UK retailer’s books, according to his lawyer.
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NewsCity snapshot: Record sales for Cranswick as volumes accelerate
Revenues soared 16% to record levels at pork supplier Cranswick in the first half thanks to strong volume growth across most of its product categories
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NewsFerrero close to Delacre deal with Pladis
The Italian chocolate manufacturer confirmed in a statement that it had made an offer to buy Delacre and DeliChoc, which is also available in the UK.
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NewsPoundland considers closing 80 stores
Poundland is weighing up the closure of up to 80 shops following the integration of the 99p Stores estate.
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NewsMedia Bites 28 November: Tesco Bank, Poundland, Black Friday, Brexit, British American Tobacco
Tesco Bank is facing criticism for ‘failing to act’ to a warning about a security flaw; Black Friday comes under the media glare this weekend with the high streets quiet as shoppers buy online; and Poundland could close up to 80 stores in a sell off.