All articles by Ed Devlin – Page 45
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News
Mamamade 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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News
Media 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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News
Planet 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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News
Media 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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News
Pimentae 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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News
Rubies 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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News
Hancocks 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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City 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
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News
Oatly hires new CEO to take over from Toni Petersson
Oatly has appointed a new CEO following a difficult two years since the alternative milk brand’s IPO
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News
Media Bites 9 May: Egg shortages, Morrisons, John Lewis, inflation
All the food and drink news over the coronation weekend, including egg shortages, animal welfare concerns at Morrisons and a secret confidence vote for John Lewis chariman Sharon White.
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News
Farmison eyes push into supermarkets under Andy Clarke
Farmison is set to make a renewed push into mainstream supermarkets, after being rescued from administration by former Asda boss Andy Clarke this week.
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News
ManiLife peanut butter secures more than £1m in crowdfunding push
Manilife has blitzed an £830k crowdfunding round as the peanut butter brand eyes new grocery listings and increased consumer awareness
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News
Media Bites 28 April: Unilever, Sainsbury’s, Amazon
Sainsbury’s and Unilever have both insisted they are protecting shoppers from inflation, amid accusations that some companies are profiteering from the cost of living crisis.
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News
Media Bites 27 April: Reckitt Benckiser, CBI, John Lewis
The main business headlines this morning focus on Reckitt Benckiser appointing a new CEO, as well as the ongoing crisis at the CBI.
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Comment & Opinion
The future looks rosier at Planet Organic after surprise rescue by founder Renée Elliott
Suppliers – not to mention employees – will have breathed a sigh of relief yesterday as Planet Organic secured an unlikely rescue spearheaded by the chain’s founder Renée Elliott
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News
City snapshot: Reckitt Benckiser reveals new CEO as it beats Q1 expectations
Reckitt Benckiser has appointed a new CEO to take over from interim boss Nicandro Durante, while revealing a strong start to the year
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News
Planet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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Media Bites 25 April: Planet Organic, Lidl, Deliveroo, THG
A rescue deal for Planet Organic could be finalised today, according to headlines this morning
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News
Waas Bakery calls in administrators following cost pressures
Interpath Advisory were appointed as administrator of Walls Bakery Ltd and Saltness Ltd, which traded as Waas Bakery, on 19 April
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News
City snapshot: Supermarket Income REIT snaps up Tesco store in £38m deal
Retail property investor Supermarket Income REIT has purchased a Tesco omnichannel supermarket in the Midlands for £38.3m. Plus, embattled THG appoint Sue Farr as senior independent director.