All articles by Ed Devlin – Page 79
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NewsMedia Bites 4 November: Labour shortages, Pets at Home, EG Group, John Lewis
The UK poultry industry expects to take up only about half of the 5,500 emergency visas announced by the government ahead of Christmas, after turkey farms cut production and recruited some workers locally.
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NewsMondelez upgrades sales outlook as it hikes prices to battle inflation
Cadbury owner is the latest fmcg giant to highlight the role of price increases as the industry continues to battle inflation
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NewsEG Group expands US empire with Sprint acquisition
The deal – for a reported $300m – pushes the Blackburn-headquartered group into two new states taking its presence in the US to more than 1,750 sites across 33 states.
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NewsCity Snapshot: Pets at Home boss Peter Pritchard to leave pet care retailer
Pets at Home Group CEO Peter Pritchard is to leave the retailer after 11 years with the business. Plus, Coca-Cola HBC reports strong Q3.
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NewsMedia Bites 2 November: THG, Coca-Cola
THG’s troubles look set to continue as BlackRock prepares to sell 55 million shares, while Coca-Cola is to buy the remaining stake in Body Armor that it did not already own for $5.6bn.
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NewsRe:Nourish ramps up global ambitions in £2m funding round
The investment will be used to spearhead the latest launches into the Middle East, Far East and other territories
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NewsCoca-Cola agrees $5.6bn takeover of sports drinks brand BodyArmor
Coca-Cola has taken full control of sports drinks group Body Armor for $5.6bn (£4.1bn) after identifying further “significant potential” for long-term growth.
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NewsCraft rum brand Libations beats crowdfunding target
Craft rum brand Libations has raised almost £200k from the crowd to bring its production in-house and open a distillery in Yorkshire.
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NewsStrangeways raises six-figure crowd sum to grow CBD spirits range
CBD spirits start-up Strangeways has beaten a £120,000 crowdfunding target to expand distribution in supermarkets and develop new products.
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NewsCity Snapshot: Coca-Cola lines up full BodyArmor takeover
Coca-Cola is set to take full control of US sports drink company BodyArmor for $5.6bn.
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NewsCompetition watchdog opens investigation into £7.1bn CD&R takeover of Morrisons
Any issues for the CMA are likely to centre around Morrisons’ forecourt operations and the CD&R-owned Motor Fuel Group
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NewsMedia Bites 29 October: Tesco/Gorillas, Amazon, AB InBev, Virgin Wines
Tesco’s new partnership with Gorillas is picked up by all the papers, along with coverage of Amazon’s latest trading update.
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NewsBiscuit International strikes 'landmark' deal with acquisition of Continental Bakeries
Biscuit International has acquired Continental Bakeries as the PE-owned group strengthens its position as one of the biggest players in the European private label biscuit market.
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NewsNick’s accelerates UK expansion plans thanks to $100m funding pot
CEO Stefan Lagerqvist told The Grocer the business was aiming to follow the rapid expansion of fellow Swedish brand Oatly but in the better-for-you category.
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NewsCarlsberg upgrades 2021 profits guidance as reopening of pubs boosts Q3
Danish brewer Carlsberg has lifted its profit forecasts for the year thanks to a better-than expected performance in the third quarter and start of the final three months of 2021 as drinkers returned to pubs and restaurants.
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NewsKraft Heinz price hikes lifts 2021 profits expectations
Kraft Heinz has raised profit expectations for the year as a hike in prices and sustained at-home demand helped the US food giant battle escalating inflation.
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NewsOcean Saver ramps up mission to eliminate single-use plastic with crowd backing
Eco cleaning start-up Ocean Saver has surpassed its £1m crowdfunding goal to increase brand awareness and invest in NPD.
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NewsMedia Bites 28 October: Budget, Heineken, Brexit, John Lewis
The focus was squarely on yesterday’s Autumn Budget statement in the papers this morning.
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NewsMorrisons ends 54-year run as public company as CD&R takes control
Morrisons has officially ceased trading as a publicly listed company after more than 50 years on the London Stock Exchange
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NewsMara Seaweed to cast net further overseas following funding boost
Domestic and international demand for high-quality seaweed for use as a food source and health supplement is on the rise as consumers seek out nutrient-rich alternative protein and sustainable seafood, according to the business, which launched in 2013.