All articles by Ed Devlin – Page 217
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Haywood & Padgett eats up snack brand Nibnibs
Bakery Haywood & Padgett has acquired the snack brand Nibnibs in a deal which will allow the smaller company to expand its production capabilities.
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Ferrari’s Coffee saved from administration in pre-pack deal
Ferrari’s Coffee, one of oldest coffee roasting companies in Wales, has been handed a reprieve after being sold out of administration.
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General Mills' sales and profits fall as it looks to cut jobs
Sales and earnings at General Mills, which owns brands such as Old El Paso, Lucky Charms cereal and Green Giant, have fallen in its third quarter as a result of the strong dollar and restructuring costs.
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City Snapshot: Chancellor George Osborne lines up pre-election sweetener
Chancellor George Osborne will fire the gun today on the Conservative election campaign as he aims to hand out a few treats to soften up voters and business
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Media Bites 18 March: Sainsbury's, BHS, 'back door inflation'
In a morning dominated by the build up to the pre-election Budget, the newspapers still find room to cover the latest sales decline at Sainsbury’s, worries of mass store closures at BHS and ‘sneaky’ price rises on products with shrinking pack sizes.
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2 Sisters warns of more pain as Avian flu and price war hits trading
2 Sisters is feeling the effects of the supermarket price war with boss Ranjit Singh warning of difficult trading conditions
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Panesar Food agrees £7.4m bank finance package
A specialist sauce and condiment maker in the Midlands is set to expand its production capacity after securing a seven-figure bank funding package.
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City Snapshot: PureCircle sales climb as stevia goes mainstream
Sales at stevia producer PureCircle have climbed by 24% to $43.2m in the company’s first half
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Media Bites 16 March: GCA, high streets, Diageo
Whitehall emails show teething troubles for the Groceries Code Adjudicator; a report on the UK high street finds more shops close than open in 2014; and Diageo backs down on lengthening supplier payment days.
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Nakd and Trek valued at £50m as Natural Balance seeks investment
Natural Balance has experienced strong growth in recent years as it tapped shifting consumer attitudes to healthy eating
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Waitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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Quorn to invest £40m in bid to become a £1bn food giant
Quorn Foods is embarking on a £40m investment drive to continue to fuel its rapid growth over the next 12 months on the road to becoming a £1bn business.
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City Snapshot: Aldi tops ranking of Britain's fastest growing retailers
The middle is caught in the squeeze of the discounters and the luxury end of the market as Aldi and Waitrose top a table of Britain’s fastest growing retailers.
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Media Bites 11 March: Kantar Worlpanel, Ocado, cigarette plain packaging
The latest market share data for the supermarkets gets plenty of attention today, along with Ocado’s partnership with Morrisons and impending plain packaging regulation for cigarettes.
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Ocado’s shrinking basket size is down to deflation, says Steiner
Ocado CEO Tim Steiner has put the continuing fall in basket size at the online grocer down to food deflation and changes to the way customers order at its pet product and kitchen and dining companies.
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City Snapshot: SABMiller confident of winning solid growth in Africa
SABMiller MD Mark Bowman outlines the brewer’s African growth aspirations
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Media Bites 9 March: Morrisons, Tesco, M&S
Morrisons former CEO Dalton Philips to receive £3m payout, Tesco manager in charge of in store dining leaves, and M&S replace dividend with discounted gift card.
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Cauli Rice smashes funding target as it readies for launch
Rice replacment product Cauli Rice has attracted £420k through its second round of crowdfunding as it gets set to launch in Sainsbury’s, Waitrose and Holland & Barrett.
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Yeo Valley profits squeezed as organic brand pushes up sales
Profits have slipped at dairy group Yeo Valley despite a £14m rise in sales to £275m as its margins were squeezed by the steady increase in the cost of its ingredients
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Former First Milk plant at Maelor gets poultry green light
A £10m investment in a poultry processing plant in North Wales has been given the green light