All articles by Ed Devlin – Page 32
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NewsSustainable fresh producer OneFarm on brink of administration
Sustainable fresh producer OneFarm appears to be battling for survival having filed a notice of intention to appoint an administrator with the courts, The Grocer can reveal.
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NewsGousto losses spiral on growth reversal but return to profit expected in 2023
Losses have ballooned to almost £160m in 2022 at Gousto as costs spiralled and rapid growth reversed for the first time in the recipe kit supplier’s 11-year history.
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NewsMedia Bites 14 September: Wilko, Patisserie Valerie, Mars
Another twist in the Wilko story makes headlines this morning, along with charges brought by the Serious Fraud Office in connection with the collapse of UK café chain Patisserie Valerie in 2019.
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NewsHain Celestial unveils new logo as it launches global restructuring drive
US CPG giant Hain Celestial has signalled a potential brand sell-off as it launched a formal restructuring effort in a bid to simplify the business and boost margins and long-term profitability
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NewsCity snapshot: Wet weather and strikes deal surprise blow to UK economy
The UK economy contracted more than expected in July as wet weather and industrial action hit retail spending and affected construction activity, according to official figures released this morning.
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NewsMedia Bites 12 September: Wilko, supermarket price war, vapes
The latest development in the Wilko administration dominates headlines this morning as hopes for a rescue disappear.
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NewsPlanet Organic store to close after failing to agree lease with Iceland
It is not clear how the closure could affect Renée Elliott’s turnaround plan
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NewsKellogg’s approves separation into two new companies
Kellogg’s has approved the separation of the cereal giant into two new separate companies, with a change of name and a new stock exchange listing
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NewsCity snapshot: Profits plunge at palm oil producer MP Evans as prices stabilise
Profits have plummeted by 62% at London-listed palm oil producer MP Evans as record high prices in the wake of the Ukraine war returned to more normal levels.
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Analysis & FeaturesCan Enough save the reputation of plant-based alt meats?
The food tech business plans to produce masses of mycoprotein
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NewsLoah hits £300k crowd goal to scale non-alcoholic beer
Alcohol-free beer startup Loah has hit a £300k crowdfunding target to help win further retail distribution and push into the on-trade
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NewsFearne & Rosie in mainstream push as jam challenger wins six-figure investment
Kids’ jam startup Fearne & Rosie has secured £450k to support the next stage of its development and turn its reduced-sugar spreads challenger brand into a household name
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NewsCity snapshot: M&S set for return to FTSE 100
M&S is expected to reclaim its spot in the list of the UK’s most valuable companies today for the first time in four years following a recent turnaround in fortunes.
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NewsMedia Bites 29 August: Wilko, food prices, Asda
The fate of Wilko continues to generate lots of headlines, alongside lots of food and drink news over a busy bank holiday weekend.
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NewsMedia Bites 25 August: Wilko, Subway, Asda
A last-gasp attempt to rescue the stricken retail chain Wilko creates headlines this morning.
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NewsHoly ready to shake up UK soft drinks as it raises €10.5m for expansion
Founded in 2020, the brand sells energy drinks and iced tea in a powder form to be topped up and mixed with water by consumers at home.
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NewsMedia Bites 24 August: Wilko, Brexit, John Lewis
Hopes for a rescue of collapsed discounter Wilko faded yesterday as administrators provided an update on the ongoing attempts to sell the business.
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NewsCity snapshot: Reckitt Benckiser appoints new CFO from Nike as Jeff Carr retires
Reckitt Benckiser CFO Jeff Carr has handed in his notice, with the multinational consumer goods group appointing a replacement from Nike to take over the role. Plus, Wynnstay Group appoints new finance director.
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NewsMedia Bites 22 August: Antibiotics, poultry farming, Wilko, Domino’s
Food companies are facing increasing pressure from their investors over the overuse of antibiotics in the food supply chains as campaigners turn to shareholder muscle to tackle the global scourge of antimicrobial resistance.
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NewsCity snapshot: Henry Dimbleby joins board of lab-grown petfood brand Good Dog Food
Lab-grown petfood brand Good Dog Food has appointed former government food tsar Henry Dimbleby as a non-executive director.