All articles by Ed Devlin – Page 75
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NewsEx-Tesco boss Dave Lewis to lead GlaxoSmithKline £40bn consumer arm spin-out
GSK confirmed Lewis would take up the role of non-executive chairman designate of the new consumer healthcare company from 1 January 2022.
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NewsOnline grocer Farmdrop cancels Christmas deliveries as it falls into administration
Online grocer Farmdrop has ceased trading after failing to secure the funding needed for its survival, The Grocer has learned
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NewsMedia Bites 17 December: petrol, Just Eat Takeaway, exports, McDonald’s
The difference between the price of petrol at supermarkets and the UK average has fallen to its lowest level in five years, highlighting how competition in the industry has lessened, according to an analysis by the AA.
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NewsLilk secures six-figure backing from Giles Brook-led round
Award-winning alternative dairy drinks start-up Lilk has scored a six-figure investment to help launch its range in the supermarkets in 2022.
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NewsMedia Bites 16 December: Omicron, beef, M&S
Business leaders have called on the government to move quickly to restore confidence amid the rapid spread of Omicron and fears that a large number of workers will call in sick, creating further disruption to supply chains.
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NewsCity Snapshot: Inflation soars to ten-year high as food and petrol prices climb higher
Inflation has continued to surge higher in November as record fuel prices, soaring energy costs and increased food prices ramped up the cost of living for families ahead of Christmas.
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NewsBlack Bee Honey generates buzz as crowdfunding campaign more than doubles target
Black Bee Honey has more than doubled a crowdfunding target as it seeks to expand and support newly won retail listings.
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NewsMedia Bites 14 December: Fuel prices, supply chain, Omicron, Ocado
A senior Tesco executive reportedly told City analysts that retailers are making better profit margins on fuel sales after Asda’s takeover by the Issa brothers.
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NewsHolland & Barrett branches out to in-home beauty treatments with Blow takeover
Holland & Barrett has expanded into on-demand at-home beauty services thanks to its acquisition of Blow
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NewsCity Snapshot: Boots explores sale of Aromatherapy Associates
Boots is set to sound out potential buyers for Aromatherapy Associates, according to reports. Plus, CBD brand Love Hemp reports boost in annual revenues.
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NewsMoma eyes massive hike in sales following AG Barr takeover
Founder and CEO Tom Mercer set out ambitions to “at least” triple revenues for the business in the next three years
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NewsSupermarkets ‘harder than ever’ to deal with report challenger brands
Buyers are increasingly shutting down conversations with smaller suppliers about passing on soaring costs
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NewsRetailers warned over soaring supplier cost hikes
Ged Futter of The Retail Mind said prices in supermarkets are set to take off after Christmas
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NewsStraight & Narrow raises £180k to launch 0% range ahead of Dry January
The business, which attracted 120 investors on the Seedrs platform, will first bring six 70cl drinks to market, priced at £15 a bottle, with a further seven to follow.
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NewsKarmacist secures £700k to bring world’s first nutrigenomics wellness supplement to market
Supplements producer Karmacist has raised £700,000 in a pre-seed round backed by former John Lewis Partnership chairman Charlie Mayfield.
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NewsMedia Bites 10 December: Plan B, gig economy, avian flu, Spam
The papers continue to focus on the fallout from the introduction of the government’s Plan B to tackle to Omicron variant.
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Analysis & FeaturesCan Boots really be worth more than Asda and Morrisons? And who would buy it?
Reports have suggested the chain could be worth as much as £10bn in a spin-off by Walgreens. What’s it really worth and who might buy?
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NewsMedia Bites 9 December: Plan B, Tesco, SSP, Nestle
Boris Johnson has been accused of wrecking the hospitality industry “to save his own skin” after announcing new Covid restrictions that threaten to wipe £8bn off its sales at the height of the festive season.
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NewsHeather Mills sells 25% stake in VBites to Intersnack owner Pfeifer & Langen
The €3bn-plus turnover conglomerate plans to use its might to accelerate growth of the plant-based cheeses and fish-free products part of Mills’ group
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NewsCity Snapshot: McColl’s warns of continued supply chain disruption as revenues fall by £140m
McColl’s has warned it will continue to be hit by supply chain shortages as the c-store group revealed revenues tumbled 11.2% to £1.1bn in 2021. Plus, SSP sinks to another loss of more than £400m, and Nestle sells 4% of its L’Oreal holding.