All articles by Ed Devlin – Page 3
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News
City snapshot: Sainsbury’s first to match Aldi prices in c-store estate
Sainsbury’s is stepping up the battle with the discounters as the supermarket introduces its Aldi price match scheme in 1,400 convenience stores
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News
Two Magpies spreads wings with Hilton Macarons acquisition
Founded by James Hilton and Andrea O’Keeffe in 2019, Hilton Macarons produces handmade premium macarons, which are gluten-free and vegetarian
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News
Milliways launches in France as part of international rollout
It is part of a global rollout for the London-headquartered company and follows the major move to launch nationwide in the US at the start of October
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News
Fmcg shares crash as investors stress over budget pressure for industry
Investors gave a big thumbs down to chancellor Rachel Reeves and the first Labour budget for 14 years as the FTSE 100 sank and shares across fmcg suffered a mass sell-off
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News
Food Thoughts acquires Doisy & Dam from Nurture Brands to create new confectionery proposition
Food Thoughts has acquired vegan confectionery challenger Doisy & Dam from Nurture Brands to expand the ethical home baking brand into a new category
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News
Manilife invests £1m in new factory as a platform for growth
The new 13,500 sq ft site in Derbyshire – set to start production in the first quarter of 2025 – has capacity to store up to six billion peanuts, equating to 15 million jars of peanut butter
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News
City snapshot: Volumes fall at AB InBev and Carlsberg amid tough consumer backdrop
Volumes at brewing giants AB InBev and Carlsberg have declined in the third quarter, with both groups coming in below market expectations. Plus, Sainsbury’s sells Argos credit card business, Ocado appoints new chairman and Q3 updates from Haleon and Coca-Cola HBC
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News
Panesar Foods acquired by Finnish multinational Paulig
Founded in 1992, Tipton-based Panesar produces sauces, salsas and condiments for the speciality whole foods sector in the UK and overseas
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News
City snapshot: ‘Robust’ Q3 results for Mondelez International
Mondelez International has beaten market expectations for revenues and profits in the third quarter. Plus, Lidl agrees to buy new property, Imperial Brands begins £1.3bn share buyback and MicroSalt wins new customer for reduced sodium salt
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News
Bay’s Kitchen set for retail expansion following six-figure fundraise
The Cheltenham-based business, known for its range of sauces, soups, stocks, gravies and condiments, aims to boost its presence in UK grocery stores and expand internationally
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News
Davison’s expands into ready-to-eat desserts thanks to banking funding
Family-owned desserts manufacturer Davison’s is expanding its range with new ready-to-eat puddings after agreeing a £6m bank funding package
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News
City snapshot: Profit rebuild on track at C&C Group despite poor summer hurting cider sales
C&C Group has delivered profits in line with expectations in the first half despite a washout summer driving down cider sales. Plus, the latest BRC shop price inflation data and full-year results from Ultimate Products
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News
Artah Nutrition raises £3m to fuel growth in supplements
Rhian Stephenson founded the business in 2021 with a goal of helping customers feel and live better through clinical-grade food supplements and nutrition programmes
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News
City snapshot: Lidl agrees £70m real estate deal to forward fund 12 stores
Lidl has signed an agreement to sell 12 stores under construction to Roadside Real Estate for £70m. Plus, JLP is recruiting a record 12,500 temporary roles across the country over the Christmas period
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Analysis & Features
How can new Nestlé chief Laurent Freixe get the company back on track?
Freixe has announced sweeping operational changes, and is planning to set more ‘realistic’ targets as consumers around the world turn towards value-driven alternatives to brands
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News
JLM Global Foods seeks rescue deal as administration looms
The Grocer understands a pre-pack deal is potentially close to being secured
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News
Forest Feast owner Kestrel snaps up Indie Bay Snacks from Nurture Brands
The premium pretzel brand, launched by Dafna Bonas in May 2016, sells its low-calorie and low-fat snacks in the grocery, travel and DTC channels
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News
Pure Pet Food fetches £15m backing to support growth
Set up by childhood friends Daniel Valdur Eha and Mathew Cockroft in 2013, the Yorkshire-based business today employs more than 100 staff and serves in excess of 40,000 regular subscription customers
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News
City snapshot: Sharon White appointed Frontier Economics chairman
Dame Sharon White is to take on the role of chairman of economic consultancy Frontier Economics, replacing Gus O’Donnell, who has held the post for the last 11 years
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News
City snapshot: Food sales decline during bad weather and shopper spending restraint
Falling sales in supermarkets has dragged down growth on the high street in September as shoppers cut back on luxury foods, the latest ONS figures revealed