All articles by Ed Devlin – Page 201
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News
S&A Foods owed suppliers £15m after collapse
Unsecured creditors of S&A Foods, including big name food suppliers, look set to be out of pocket by up to £15m as a result of the collapse of the ethnic ready meals business last year.
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News
Meadow Foods grows profits as milk price hits sales
Pre-tax profits at dairy processor Meadow Foods have risen almost 25% to £13.7m despite turnover slipping by £44m to £376m.
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News
Media Bites 4 Jan: M&S, Amazon, Aldi, Co-op
Marks & Spencer has fired its head of the new Sparks loyalty scheme in a racism row. Plus Amazon declared Christmas winner, Aldi to open record number of stores and Co-op embroiled in £5m unfair dismissal case.
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News
City snapshot: Big four cut diesel to below £1
Morrisons, Asda, Tesco and Sainsbury’s have all cut the price of the fuel to below £1 for first time since 2009.
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News
Hain Celestial UK gets healthy with Orchard House Foods deal
Hain Celestial has acquired Orchard House Foods from Wellness Foods as it seeks to make its portfolio healthier.
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News
Food retail distress levels rise in run up to Christmas
Food retailers are among those hit hardest, with an 11% increase in ‘significant’ financial distress
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News
Media Bites 22 Dec: Camden Town Brewery, Mondelez, Cadbury's Milk Tray
AB InBev’s shock takeover of independent craft brew Camden Town Brewery garners plenty of headlines this morning - not all positive.
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News
City snapshot: UK consumer confidence stays positive for whole of 2015
After falling for the past three months, consumer confidence was back on the rise again in December to finish the year on +2, the latest GfK index has revealed.
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Analysis & Features
Bear shows the value of good assets in a sellers' market
Christmas came early for Bear founders Hayley and Andrew Gait-Golding and their partner Giles Brook as the trio sold the business to Lotus for more than £70m.
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News
Thai Union reels in Rügen Fisch to strengthen European position
John West owner Thai Union has netted a majority stake in German canned seafood processor Rügen Fisch to strengthen its European position.
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News
Growth at grocers picks up in the run up to Christmas – CBI
Grocery retailers have recorded solid growth in the run-up to Christmas, according to the CBI’s latest monthly distributive trades survey.
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News
Good Hemp dairy alternative looks to raise £1.5m to fuel growth
Braham & Murray is seeking up to £1.5m in a second fundraising round
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News
Media Bites 18 Dec: Bear, Holland & Barrett, Tesco, ONS
Bear’s £70m sale to Lotus Bakeries makes the morning’s papers after The Grocer revealed the deal had been struck yesterday.
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News
City snapshot: Bear snapped up by Lotus in £70m deal
Fast growing kids snacking brand Bear has been snapped up by Lotus Bakeries for more than £70m
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Analysis & Features
Oil prices slip as coconut enters top 10
Cooking oil, hair conditioner, teeth whitening… is there no end to coconut oil’s uses?
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News
Bear snapped up in £70m deal as Lotus eyes global rollout
Urban Fresh Foods, the owner of fast-growth kids snacking brand Bear, has been acquired by Lotus Bakeries in a deal worth more than £70m, The Grocer can reveal.
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News
City snapshot: Casino outlines €2bn deleveraging plan
French supermarket group Casino is planning to raise €2bn next year as part of a deleveraging plan to “strengthen its financial flexibility”.
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News
Media Bites 16 Dec: Starbucks, Tesco, Imperial Tobacco
Starbucks corporation tax payment of £8.1m last year almost matches its total contributions paid over the past 14 years.
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News
Media Bites 15 Dec: Peroni, Grolsch, living wage, FTSE 100, Sports Direct
Former Diageo boss Paul Walsh is eyeing a £2bn bid for the Peroni and Grolsch lager brands after teaming up with a private equity firm, according to reports.
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News
City snapshot: 2 Sisters hails progress despite sales and profits slip
Sales have fallen at 2 Sisters Food Group by 3.5% to £778.3m in the first quarter