All articles by Ed Devlin – Page 49
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NewsCity snapshot: Cash-strapped shoppers drive record sales at Aldi
Aldi has boosted sales to a record high as the cost-of-living crisis pushed more shoppers through the doors of the discounters.
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NewsNutrigums sells stake to Play.com founder
Functional gummy vitamin brand Nutrigums has sold a stake to the founder and chairman of the online retailer Play.com Richard Goulding for an undisclosed sum
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NewsMedia Bites 22 September: Co-op, Asahi, Wilko, Ocado, SSP
The Co-op’s first-half results lead the coverage in a busy morning for fmcg news.
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Analysis & FeaturesWhat’s Hain Celestial’s plan and will brands be sold off?
‘Hain Reimagined’ will simplify operations and boost marketing
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NewsFinsbury Food Group renews M&A plans after private bid
Finsbury Food has signalled its intentions to pursue a renewed M&A buy-and-build strategy after receiving a £143.4m bid to take the bakery group private.
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NewsHomethings returns to the crowd to support retail and DTC expansion
Refillable home care challenger Homethings is closing in on a £450k crowdfunding goal to support retail listings and continuing expanding online
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NewsMedia Bites 21 September: Wilko, Finsbury Food, inflation
The controversy around the Wilko collapse rumbles on as questions arise over the hole in the pension scheme.
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NewsAll Things Butter secures six-figure funding to launch chef-led butter brand
Organic butter startup All Things Butter has closed a six-figure pre-seed funding round as it readies for a November retail launch
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NewsNurture Brands pushes into drinks manufacturing with Juice Executive deal
The latest deal for the plant-based fmcg group adds a premium range of fresh and HPP juices, functional shots, smoothies, cleanses and dairy-free nut milks to the portfolio
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NewsFinsbury Food Group recommends £143m takeover offer to shareholders
Listed bakery group Finsbury Food has agreed to a £143.4m takeover offer from Isle of Man-based asset management firm DBAY Advisors. Plus, food price inflation eases for fifth month in a row.
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NewsMedia Bites 19 September: Farming, Sainsbury’s, Heineken
Farming and food lobbyists have sent an open letter to the biggest supermarkets urging them to treat suppliers more fairly, claiming that agriculture is “on its knees”.
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NewsCity snapshot: The Artisanal Spirits Company losses widen amid cost-of-living pressures
Losses have widened at The Artisanal Spirits Company as the cost-of-living crisis weighed on The Scotch Malt Whisky Society owner in the first half of 2023.
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NewsBlack-owned fmcg startups win airtime on Channel 4
Four black-owned fcmg challenger brands have secured hundreds of thousands of pounds worth of free airtime and business support as part of a scheme by Channel 4 and Lloyds Bank
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NewsMedia Bites 15 September: John Lewis Partnership, Lidl, THG
The latest John Lewis results grab most of the space in today’s newspapers, but there is still room for stories on Lidl and THG.
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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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NewsWholegood sells a minority stake to help secure future
Organic fresh produce wholesaler Wholegood has raised fresh capital to safeguard its future, selling a minority stake to investment fund Metamorphosis Investments.
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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.