All articles by Ed Devlin – Page 65
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NewsMy Emissions secures £400k funding for accessible carbon labelling service
The latest funding round will help My Emissions double its team and fulfil its aim to work with more than 100 companies in the next 12 months
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NewsCity Snapshot: PayPoint hails positive year as revenues and profits rise
Payment technology firm PayPoint has reported “another positive” year of sales and profits growth as it continnued to expand its base of retailer partners.
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NewsMedia Bites 26 May: M&S, Ocado Retail, Pets at Home
The papers report on annual results from M&S as CEO Steve Rowe hands over the reins, as well as the latest performance from online joint venture with Ocado.
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NewsBakkavor worries investors on warning inflation may dent volumes
Bakkavor shares fell today after the prepared foods maker warned further price hikes could hurt its volumes as the group continues to recover from the pandemic
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NewsNissin strengthens Premier Foods partnership as it buys chunk of shares from activist Oasis
The £40m acquisition is intended to strengthen the strategic relationship between Nissin and Premier and to “contribute to continued value creation” at the Batchelors supplier
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NewsReady meals startup Field Doctor targets £600k crowd investment
Field Doctor is lining up a £600k crowdfunding round to scale operations across the UK
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NewsCity Snapshot: M&S profits to shrink as inflation squeezes spending power of households
Marks & Spencer has warned its profits will take a hit this year as the squeeze on household finances gets tighter. Plus, Ocado Retail sales fall as shoppers cut down on spending; annual results from Pets at Home; and Bakkavor worries about volumes as more price hikes loom.
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NewsMedia Bites 25 May: Unilever, inflation, Cranswick, SSP Group, Kendamil
The boss of Unilever has defended the consumer goods giant’s focus on sustainability and the environment. Plus, the papers pick up the latest Kantar grocery data, annual results from Cranswick and more.
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NewsEG Group profits climb as sales soar 25%
Profits have leapt higher at forecourt giant EG Group as a growing foodservice business and soaring prices at the pumps help fuel a 25% jump in first-quarter revenues.
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NewsGreencore battles latest wave of inflation as recovery in food-to-go gathers momentum
Sandwich maker Greencore is battling to claw back soaring costs as input inflation accelerated into double digits while a recovery in its food-to-go markets gathered pace.
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NewsSSP shares soar as Upper Crust owner shows signs of recovery
Shares at SSP Group soared higher today as the markets welcomed hopes of a sustained recovery at the food-to-go group following the pandemic
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NewsCity Snapshot: Lidl and Aldi grab more share as grocery inflation hits 13-year high
Food price inflation has hit its highest level for 13 years, with Lidl and Aldi stealing more market share from rivals, according to Kantar. Plus, annual results from Cranswick and interims from Greencore and SSP Group, with a trading statement from Hilton Food Group.
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NewsMedia Bites 24 May: Starbucks, Superdrug, THG
Starbucks has become the latest consumer brand to pull out of Russia as the wider exodus of multinational companies from the country continues three months after its invasion of Ukraine.
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NewsCity Snapshot: Moonpig to bulk up gifting proposition with £124m acquisition of Buyagift
Online greeting card group Moonpig has proposed a £124m deal to acquire gifting experiences company Buyagift. Plus, DTC ready meal group Parsley Box hires marketing director.
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NewsMedia Bites 23 May: THG, M&S, Tesco, Ocado, Pets at Home
THG remains in focus for the papers over the weekend as the embattled firm awaits further higher bids in takeover talks.
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NewsThis plots biggest-ever meat-free crowd round to supercharge growth
This – launched in 2019 by Andy Shovel and Pete Sharman – is aiming to raise at least £4m from the round but expects to overfund and beat the €5.4m (£4.6m) raised by Spanish brand Heura last month
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NewsMedia Bites 20 May: THG, Iceland, online sales tax, Co-op
A shock offer by property mogul Nick Candy to take THG private makes headlines this morning.
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NewsMedia Bites 19 May: Premier Foods, inflation, Arla Foods, Ocado, Impossible Foods
The papers are filled with stories on the latest inflation figures and how it is affecting the likes of Premier Foods, Ocado and milk producer Arla.
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NewsS-Ventures acquires Amazon specialist Market Rocket to launch digital drive for brand portfolio
Fmcg investment house S-Ventures has added an Amazon specialist to its portfolio, with the acquisition of Market Rocket.
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NewsM&A activity slows as inflationary pressure builds
Soaring inflation is putting increasing pressure on M&A activity in the food and drink industry, a new report warns