All articles by Ed Devlin – Page 7
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NewsRoberts Bakery prepares for administration with hundreds of jobs at risk
Roberts Bakery filed a notice of intention to appoint an administrator with the courts yesterday
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NewsAduna Superfoods strengthens board ahead of expansion
Aduna Superfoods has appointed Erin Roy as chair of the board as it embarks on the next stage of its growth
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NewsNatara increases takeover offer for Treatt by 12%
Natara Global has increased its offer for the takeover of ingredients specialist Treatt
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NewsNew Princes unveils IPO plans for London Stock Exchange
New Princes Group has formally unveiled plans to float the tinned and dried food giant on the London Stock Exchange this morning
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NewsMother Root bags Dragons’ Den cash from Steven Bartlett
Non-alcoholic aperitif brand Mother Root has secured the backing of Steven Bartlett during an appearance on tonight’s episode of Dragons’ Den
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NewsTesco share price gathers momentum as supermarket enters golden quarter from position of strength
Shares shot up 4.5% today to a near-12-year high of 449.2p as markets lapped up a bullish statement by CEO Ken Murphy asserting that the supermarket had built on already strong momentum in the first half to 23 August
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NewsTrek and Nakd maker Natural Balance Foods sinks to a loss on £11m VAT bill
A backdated £11m tax bill has sent Natural Balance Foods tumbling into the red as the Trek and Nakd bar producer fell foul of HMRC VAT rules
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NewsTate & Lyle warns of lower sales and profits amid market slowdown
A pre-close trading statement for the six months to 30 September highlighted challenges across Europe, the Americas and Asia for the London-listed group
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NewsGreggs sales wilt in July heatwave
Like-for-like sales were up just 1.5% in the 13 weeks to 27 September, compared with the 2.6% registered in the first half
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NewsPerfectTed secures blockbuster valuation in seven-figure VC investment round
PerfectTed has secured a seven-figure venture capital investment at a blockbuster valuation
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NewsQuorn losses total more than £100m in three years but signs of turnaround on the horizon
Quorn has registered further significant losses as demand for fake meats in supermarkets has continued to decline
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NewsPladis sales break through £1bn barrier in the UK
The group said it continued to invest in its brands, accelerate the pace of innovation, execute well in market and implement programmes to reduce the supply chain cost base and develop talent
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NewsHot summer weather warms up retail sales
Retail sales in Britain have increased by slightly more then predicted by economists in August, according to official figures out this morning
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NewsConsumer confidence on the wane ahead of autumn budget
The long-running GfK consumer confidence index fell by two points to –19 in September
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NewsPets at Home shares tank as CEO leaves in the wake of another profits warning
CEO Lyssa McGowan has left the business with immediate effect
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NewsMighty Slice hires Fiona Fitzpatrick as business advisor as it launches in Morrisons
The new hire runs a consultancy and accelerator for food & drink startups, as well as hosting the Brand Growth Heroes podcast
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NewsHonestly Tasty takes control of La Fauxmagerie in vegan cheese deal
Artisan vegan cheese producer Honestly Tasty has acquired plant-based cheesemonger La Fauxmagerie
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NewsFiid appoints Nix & Kix co-founder as CEO
Fiid has appointed a new CEO to spearhead the next phase of growth at the Irish plant-based convenience brand
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NewsSupermarket volumes fall as inflation ramps up pressure on shoppers
Volumes at supermarkets have remained under pressure as growth at the tills continues to be driven by rising food prices
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NewsFood inflation hits highest levels since January 2024
It is the fifth month in a row that food prices have climbed, with increases for vegetables, cheese and fish, the Office for National Statistics reported