All articles by Ed Devlin – Page 27
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NewsMedia Bites 30 November: CMA, Deliveroo, Greggs
The report by the CMA on profiteering makes headlines across the papers today.
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NewsHiggidy sinks to a loss as inflation and bakery expansion hit savoury pastry maker
The upmarket savoury pastries brand was hit by disruption during a major bakery upgrade and experienced a massive spike in costs
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NewsNix & Kix returns to the crowd as it launches in Tesco
Soft drinks challenger Nix & Kix has hit a £300k crowdfunding target to support supermarket listings as its range of cans is launched into Tesco
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NewsCity snapshot: Deliveroo expands in DIY with Screwfix partnership
Deliveroo is betting on an expansion into non-food retail to boost future growth as the delivery firm reiterated its profit forecasts for the year ahead of the group’s first capital markets day today.
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NewsMedia Bites 29 November: Wilko, Deliveroo, Greencore, Pets at Home
The appearance before MPs of Wilko chairwoman Lisa Wilkinson dominates the headlines this morning.
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NewsGreencore boss Dalton Philips signals further price increases amid soaring wages
The boss of sandwich maker Greencore has warned of potential further price hikes
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NewsRetailers warn of prolonged inflation as government increases business taxes
Food prices have continued to rise at a slower pace in November but the British Retail Consortium warned a new raft of higher costs hitting business could derail falling inflation in 2024.
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NewsMedia Bites 28 November: Wilko, Unilever, M&S, inflation
The HMV owner Doug Putman has said his planned rescue of the retailer Wilko collapsed because “everyone just got a little bit greedy” and was not thinking about the jobs that could have been saved.
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NewsCity snapshot: Greencore boosts revenues and profits as it passes on inflation
Greencore has boosted annual revenues and profits as it recovered cost inflation and also improved volumes. Plus, the latest inflation figures from the BRC, annual results at Treatt and half-year results at Supreme and Pets at Home.
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NewsCity snapshot: British American Tobacco urges crackdown on vaping
British American Tobacco, the UK’s largest listed tobacco and vaping company, has launched what it called “a multi-pronged media campaign” urging for new regulations on vaping.
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NewsMedia Bites 27 November: Boots, climate change, M&S, Diageo
A packed weekend of fmcg and retail news in the paper sees Boots in focus as its parent company handed responsibility of its defined benefit pension scheme to Legal & General
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NewsMedia Bites 23 November: Autumn Statement, Asda, Britvic
The papers this morning are dominated by yesterday’s Autmn Statement.
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NewsBiomel secures multmillion-pound investment to fuel gut health growth
Plant-based gut health challenger Biomel has landed a £5.5m private equity investment to accelerate growth and drive innovation
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NewsCity snapshot: Britvic volumes ‘resilient’ in face of higher prices
Britvic has held on to customers despite higher prices, with the soft drinks firm blaming a wet and windy summer for a modest annual volume decline.
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NewsMedia Bites 21 November: M&S, Huel, Compass
The middle classes are partly to blame for the rise in shoplifting, according to the chairman of Marks & Spencer.
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NewsPerformance drinks startup Amino to expand lineup with crowd backing
Performance nutrition drinks startup Amino is overfunding after beating a £170k crowd target to scale the business and expand its product lineup
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NewsReal Good Food hires recovery specialist as it sells off Rainbow Dust brand
Cake decoration specialist Real Good Food has sold its Rainbow Dust brand and hired an insolvency specialist to explore options for the remaining Renshaw business
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NewsCity snapshot: Kitwave strengthens foodservice division with Wilds of Oldham deal
Buy-and-build wholesaler Kitwave Group has added another business to its portfolio with the acquisition of Wilds of Oldham. Plus, McBride issues a trading update, CCEP agrees Coca-Cola Beverages Philippines deal and Compass announces “a strong” year.
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Analysis & FeaturesHein Schumacher still has a big role for ‘purpose’ in his Unilever action plan
CEO Hein Schumacher says he wants to do sustainability ‘differently’, but there is more to the plan than a retreat from ‘woke nonsense’
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NewsPremier Foods makes further breakfast move with £34m Fuel10K deal
Premier Foods is set to take on the big players in the breakfast aisles following the £34m acquisition of protein-focused challenger brand Fuel10K.