All articles by Ed Devlin – Page 197
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News
City snapshot: Sainsbury’s Argos bid under pressure from rival Steinhoff offer
South African furniture retailer Steinhoff table a surprise 175p bid for Argos owner Home Retail Group
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News
National living wage 'will hike prices and hasten automation'
More than a quarter of food and drink manufacturers will be forced to increase prices by NLW says BDO
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News
Propercorn on course to get its first taste of outside investment
Fast-growing popcorn brand Propercorn is close to securing its first injection of external cash since launching four years ago.
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News
Kraft Heinz in pole position to take back Philadelphia
Kraft Heinz is in pole position to take back full control of Philadelphia as Mondelez readies a $3bn (£2.1bn) sale of its grocery and cheese division.
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News
Street Eats boosts capacity with £4m factory investment
The move is also expected by company bosses to create 300 jobs once the site is fully operational.
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Media Bites 16 Feb: Aldi, Reckitt Benckiser
There are only two stories which dominate coverage in today’s papers as far as food and drink is concerned: Aldi’s plans for 80 new stores and a good year for Durex and Dettol owner Reckitt Benckiser.
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News
City snapshot: Food and drink manufacturing worth £21bn to UK economy
The whole of UK manufacturing grew 3% to £364bn in 2014 – the equivalent of £9.2bn
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News
99p Stores losses balloon in run up to Poundland sale
Losses at 99p Stores grew to £11m and sales went into reverse in the run up to Poundland acquiring the business last year,.
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News
Asahi in deal to buy Peroni, Grolsch and Meantime from AB InBev
Asahi has signalled its global ambitions after striking a deal with AB InBev to acquire Peroni, Grolsch and Meantime
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News
Oppo attracts hundreds of new investors in crowdfunding round
Oppo ice cream has smashed its new crowdfunding target of £150,000 before the latest campaign has even officially launched.
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News
Trewithen continues rapid growth despite challenges in dairy
Cornish processor Trewithen Dairy has continued its rapid expansion with another year of double-digit growth
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Analysis & Features
Tate & Lyle shares fall as FTSE 100 undergoes volatile week
It’s been a week of extreme volatility for global stock markets
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News
Media Bites 12 Feb: BOGOF, Sainsbury's, Justin King
The big news in the paper retail-wise this morning is that Sainsbury’s is planning to out all multi-buy promotions by the summer. Plus former Sainsbury’s boss wades into the building tax row.
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News
City snapshot: Fold Hill Foods acquires Pointer Pet Products
More consolidation in the petcare market, plus Ocado gets a welcome boost from US fund management giant
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News
Bakkavor international sales surge
CEO Agust Gudmundsson said the deal to regain control of the ready meals supplier last month marked a turning point for Bakkavor.
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News
Asahi strikes £2bn deal for Peroni, Grolsch and Meantime
Japanese brewer Asahi has agreed a deal with AB InBev to acquire Peroni, Grolsch and Meantime for €2.55bn.
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News
Carlsberg slumps to £270m loss as premium boosts Heineken profits
Heineken and Carlsberg have reported mixed fortunes for 2015, with the Dutch brewer increasing profits and its Danish counterpart slumping to a massive loss.
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News
Media Bites 10 Feb: Coca-Cola Company, Kantar Worldpanel
A quiet morning for retail in the papers with Coke’s fourth quarter earnings statement
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News
City snapshot: Heineken focus on premium boosts sales and profits
Heineken increases organic revenues 3.5% to €20.5bn, plus Ocado annual reports shows rising pay for directors
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News
Speyside Distillers to finance growth with £2.3m funding package
Speyside Distillers Company is targeting expansion in the UK and overseas after securing a £2.3m bank funding package.