All articles by Ed Devlin – Page 39
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NewsCity snapshot: M&S food and clothing profits decline
Marks & Spencer has taken a hit on margins as it invested in keeping its food and clothing prices competitive. Plus, food prices remain near 45-year highs, and C&C Group reports annual results.
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NewsMedia Bites 23 May: Food inflation, junk food, alcohol health warnings
The papers continue to focus on the ongoing issue of soaring food prices, while Ireland to label alcoholic drinks with cigarette-style health warnings.
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NewsCity snapshot: Wincanton posts record underlying profits
Wincanton has lifted underlying profits to record levels despite pressure on consumer spending depressing volumes at the logistics group.
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NewsFramptons seeks £5m cash injection after supply chain shocks
Recovery specialists at Resolve have been drafted in to explore options at the business, including finding a potential buyer.
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NewsMontezuma’s searches for buyer as Inverleith heads for the exit
Upmarket chocolate brand Montezuma’s has hired advisors to find a buyer for the business and provide private equity owner Inverleith with an exit, The Grocer has learned.
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NewsMedia Bites 18 May: Eggs, food banks, inflation
It’s a quiet morning for grocery news in the papers but The Guardian carries a feature looking at the price of eggs.
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NewsBetter Nature launches £3m fundraising push
The plant-based startup has kicked off the fundraising to take its tempeh brand into the mainstream and support its first UK supermarket listing
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NewsCity snapshot: Artisanal Spirits Company strengthens board with CFO
The Artisanal Spirits Company has appointed Billy McCarter as chief financial officer, with immediate effect.
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NewsMedia Bites 16 May: Petrol prices, food inflation, John Lewis, BAT
The papers are filled with stories on claims retailers increased fuel prices to unnecessarily high levels.
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NewsSapling Spirits closes seven-figure fundraising
Sapling Spirits has closed a seven-figure fundraising round to push ambitions to make the spirits industry more sustainable
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NewsCity snapshot: British American Tobacco announces new chief executive
British American Tobacco has appointed Tadeu Marroco as successor to CEO Jack Bowles, who has stepped down from the board
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NewsPlanet Organic founder Renée Elliott commits to a food-based future
In an interview with The Grocer, Elliott discussed the new management team’s vision for the business, rebuilding supplier trust and how she pulled off the deal
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NewsMamamade closes doors as cost of living crisis affects trading
DTC plant-based baby food brand Mamamade has ceased trading after losing a battle with soaring costs and lower demand.
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NewsMedia Bites 12 May: Food prices, John Lewis, Black Sheep
Supermarkets have told ministers that food prices have peaked and will start falling significantly in the coming months.
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NewsPlanet Organic owed creditors £12.5m before rescue deal
New report lifts the lid on the collapse and details how much Planet Organic founder Renée Elliott paid to rescue the business
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NewsMedia Bites 11 May: John Lewis, Brexit, Compass Group
The confidence vote at John Lewis yesterday generates lots of headlines this morning as the retailer’s partnership council delivers its verdict on chairman Dame Sharon White.
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NewsPimentae tequila pre-mix brand raises £500k in pre-seed round
The business will use the funds to consolidate its position in the category and expand its sales and marketing team
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NewsRubies in the Rubble launches crowdfunding campaign
Rubies aims to use the crowdfunding round as a springboard for a larger institutional round in 2024
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NewsHancocks owner Innovative Bites acquired by private equity firm
Innovative Bites said the deal would strengthen its position in the UK confectionery and snacks sector while pushing expansion
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NewsCity snapshot: Compass lifts full-year profit outlook as pandemic recovery continues in first half
Workers returning to the office have helped Compass boost first-half profits past £1bn as the catering giant continued its recovery from the pandemic