All articles by Ed Devlin – Page 31
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NewsOrchard House creditors left £56m out of pocket, report shows
Private equity-backed juice and fruit business owed trade suppliers £21.1m and another £7m to its employees
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NewsMorrisons boss hails gathering momentum as sales turn positive
Morrisons has halted declining sales in its first quarter, with CEO David Potts declaring that ‘momentum in the business is now building’
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NewsPlanet Organic halts supplier orders as it focuses on survival
Planet Organic suppliers have reported a temporary suspension of orders by the troubled supermarket chain as it works on a deal to secure its future
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NewsMedia Bites 30 March: Asda, Tesco, pork scandal
Annual results from Asda make headlines this morning as the supermarket’s profits slide in first full year of Issa brothers’ ownership.
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NewsJames White Drinks expands health shot offering with BumbleZest acquisition
The group behind the Big Tom and Beet It juice brands has snapped up functional shot producer BumbleZest for an undisclosed sum
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NewsTroubled Farmison seeks buyer or cash injection
The private equity owner of premium online meat retailer Farmison is seeking a buyer or new financing for the lossmaking business
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NewsCity snapshot: Chapel Down sales fizz as it shifts record volumes of premium sparkling wine
English wine maker Chapel Down has registered a record year as sales of traditional method sparkling wine boomed.
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NewsWaitrose pulls out of talks to invest in Planet Organic
The supermarket chain ended talks last week over an investment of millions of pounds in return for a sizeable stake in the rival grocer
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NewsMedia Bites 28 March: Inflation, John Lewis, Gopuff
The latest shop prices index from the BRC makes headlines this morning as food prices continue to rise
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NewsEndless acquires Smithfield Murray to combine with Yorkshire Premier Meat
Smithfield Murray has been snapped up by Endless to bring the poultry processor together with the private equity firm’s other protein business, Yorkshire Premier Meat.
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NewsCity snapshot: Former John Lewis boss urges rethink to potential sell-off
A former boss of John Lewis has said it would be a “tragedy” if the retailer changed its partnership model.
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NewsMedia Bites 24 March: Inflation, Fortnum & Mason
It is a very quiet morning in the papers in terms of grocery news.
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NewsPark Cakes looks at sale options as it seeks fresh funding
The group, which makes the Colin the Caterpillar cake for Marks & Spencer, is working with advisory firms Teneo and A&M to explore its options, The Grocer has learned.
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NewsFormer Tree of Life staff win backing for new healthy food wholesaler
An Irish investment group is backing a group of former Tree of Life employees to establish a new healthy food wholesaler in the UK
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NewsCity snapshot: Retail sales return to pre-Covid levels as consumer confidence edges up
Retail sales have jumped by more than expected in February despite the inflationary challenges facing consumers, according to new data published this morning. Plus, consumer confidence also rises in March
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NewsMedia Bites 23 March: John Lewis, Fever-Tree, inflation
John Lewis keeps making headlines amid reports of its plan to sell a minority stake.
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NewsSalad shortages fuels surprise jump in inflation as food prices soar 18%
Food price inflation has hit a 45-year high of 18% amid shortages of fruit and vegetables, according to the latest data out this morning
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NewsCity snapshot: Fever-Tree profits hit by soaring inflation as UK sales fall
Profits have declined at Fever-Tree as inflationary pressures squeezed margins and sales in the UK market shrank as consumers cut back spending to cope with the cost-of-living crisis. Plus, surprise jump in UK inflation as veg shortages push food prices 18% higher.
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NewsDelevingne sisters’ Della Vite secures investment from La Hechicera founders
Della Vite, launched by Chloe, Poppy and Cara Delevingne in 2020, secured more than £3m in an investment round led by the founders of premium rum brand La Hechicera
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NewsCity snapshot: British Honey Co calls in administrators
Listed producer of honey and spirits British Honey Co has announced its intention to appoint administrators following the failure to raise critical funds