All articles by Ed Devlin – Page 47
-
NewsCo-op seeking million more members as it reports ‘robust’ results
A £319m gain from the sale of the forecourt business in October helped the group avoid a loss for the 52 weeks to 31 December 2022
-
NewsCity snapshot: Co-op boosts profits with “robust” performance but inflationary challenges continue
The Co-operative Group has hailed a “robust” set of annual results as the mutual’s profits received a boost from the sale of petrol forecourts to Asda and cost-cutting. Plus, former Co-op Group boss Steve Murrells appointed as CEO of meat processing giant Hilton Food Group. Hilton also reported a fall in full-year profits.
-
NewsFreestar 0.5% beer brand hits crowdfunding goal in 48 hours
Money from the campaign will be invested to drive further draft listings and support the brand’s retail presence
-
NewsChill Brands raises £2.6m to develop CBD vapes
International CBD group Chill Brands said the money would also fund a marketing drive for its e-commerce site
-
NewsMedia Bites 4 April: John Lewis, Warburtons, L’Oréal
A self-published author who sued John Lewis over its 2019 Christmas advert about a trouble-making dragon has lost her case.
-
NewsDing Dong Dim Sum wins backing to scale DTC brand
Thomas Greenwood-Mears and Maya Rodricks launched the London dim sum brand in 2021 and has since sold 70,000 boxes direct to consumer on its ecommerce website
-
NewsCity snapshot: Lavazza keeps lid on price rises to boost volumes in 2022
Lavazza has boosted turnover by 17.6% to €2.7bn as the coffee products group kept a lid on price rises and increased volumes across all the markets in which it operates.
-
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
-
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’
-
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
-
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.
-
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
-
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
-
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.
-
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
-
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
-
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.
-
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.
-
NewsMedia Bites 24 March: Inflation, Fortnum & Mason
It is a very quiet morning in the papers in terms of grocery news.
-
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.