All articles by Ed Devlin – Page 50
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News
Media Bites 13 December: high street, hot water bottles, UK economy
Frustrated online shoppers are being steered to bricks-and-mortar stores
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News
CIty snapshot: Kitwave acquires foodservice wholesaler WestCountry Food in £29m deal
Kitwave Group has snapped up fresh produce wholesaler WestCountry Food Holdings for £29m to incorporate into the company’s foodservice division. Pkus, Fever-Tree Drinks appoints new chairman.
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Wholefood Earth to give The Vegan Kind website ‘a new life’
Online supermarket The Vegan Kind, which shuttered last month, has been revived by a family run vegan foods retailer with plans to reinvigorate the brand and bring it back to operations.
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News
Freshcut Foods close to new investment as Perwyn lines up exit
Perwyn hired advisors at US-based investment bank Stephens to explore options for the fresh ingredients supplier earlier this year.
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Media Bites 8 December: Christmas price wars, Mitchells & Butlers, GSK
Aldi, Lidl and Sainsbury’s have kicked off the annual price battle on Christmas vegetables, offering bags of sprouts, carrots, parsnips and potatoes for just 19p.
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Wholey Moly closes its doors in the face of mounting pressure
Cookie start-up Wholey Moly has ceased trading after being overwhelmed by a barrage of challenges this year.
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News
Crumbs Brewing brings in crowd cash to fight food waste
Sustainable beer maker Crumbs Brewing has hit a £150k crowdfunding target to back its growth plans and fight food waste with new product launches.
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City snapshot: Naked Wines turnaround takes shape despite fall into the red
Naked Wines has slipped to a loss in the first half but pointed to an improvement in underlying profitability as it embarks on a new strategy to turn the group’s performance around.
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News
Duppy Share Rum raises £2m to push UK growth
The business is forecasting 10% growth in the UK in the 2023 financial year and is aiming to gain a total of eight SKU listings across all the major mults by 2025.
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News
Media Bites 6 December: AG Barr/Boost, Sainsbury’s, supply crisis, retail sales
The papers pick up the latest deal at AG Barr for energy drink brand boost, along with news of further price cutting at Sainsbury’s.
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Comment & Opinion
Why AG Barr’s move for Boost Drinks looks like another smart move
The deal strengthens a portfolio that already includes Irn-Bru, Rubicon, Strathmore water and Funkin Cocktails
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News
Here We Flo secures almost £2m funding to expand eco female personal care brand
Founded in 2017 by friends Tara Chandra and Susan Allen, the brand sells period care and bladder care products made from bamboo and organic cotton, as well as condoms using natural rubber latex.
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Troy Foods rescued by Fylde Fresh & Fabulous in pre-pack deal
Potato grower Fylde Fresh & Fabulous Group has rescued veg processor Troy Foods from administration.
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City snapshot: Irn-Bru owner AG Barr acquires energy drinks brand Boost
The group said the deal would boost profits and demonstrated its ongoing strategy to develop in high-growth and functional categories.
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News
Fullers Foods undergoes buyout with current MD Smith as new CEO
Frozen specialist Fullers Foods International has undergone a management buyout, with the fourth generation of the family business selling for an undisclosed sum
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News
2 Sisters agrees sale of Holland’s Pies and bakery division
2 Sisters Food Group is close to offloading its bakery division after striking a conditional agreement with an Irish boutique investment firm
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News
Media Bites 1 December: inflation, Brexit, Huel
The papers all pick up the latest inflation data from the BRC’s shop price index.
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News
City snapshot: Food inflation races to new record high as price of eggs soar
Food inflation has hit new record highs as egg, dairy and meat prices all soar, leading to increasing pressure on households in the run up to Christmas.
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News
Media Bites 29 November: EG Group, high street, eggs
The petrol forecourts business owned by the billionaire Issa brothers has been accused of profiteering after gross fuel profits rose by 20% to $1.7bn.
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News
City snapshot: DX Group invests £3.6m in depot network
Logistics group DX is investing £3.6m into upgrading its existing depot network as part of its “ambitious” growth plans.