All articles by Ed Devlin – Page 81
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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.
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NewsBrothers Drinks brings Babycham back under control of Showering family
Cider producer Brothers Drinks has acquired iconic sparkling perry brand Babycham from current owner Accolade Wines for an undisclosed sum.
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Comment & OpinionWith AG Barr’s backing, Moma will be a force to be reckoned with in alt milk
With a new British owner, Moma can continue to play the part of a domestic champion fighting multinational conglomerates
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NewsMedia Bites 7 December: Tesco, Spar, Sainsbury’s, AG Barr, Boots
The risk that Tesco will be severely hit by strike action in the crucial pre-Christmas period has escalated dramatically, after the number of distribution centres facing staff walkouts more than tripled to 13 – more than half the total.
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NewsInspired Pet Nutrition acquires Pet Food UK as it kicks off buy-and-build strategy
Inspired Pet Nutrition has snapped up Barking Heads dog food maker Pet Food UK as part of a buy-and-build strategy to create a player of significant scale in the category.
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NewsCity Snapshot: Irn-Bru owner AG Barr acquires 60% stake in Moma to enter plant-based milk market
AG Barr has taken an initial 60% equity stake in Moma Foods, with a path to full ownership agreed over the next three years as part of the deal. Plus, Unite threatens strike action at Tesco warehouses ahead of Christmas and Just Eat Takeaway hit by broker downgrade.
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NewsBread Holdings profits hit record levels despite Covid challenges
A boom in demand for premium bread throughout lockdown helped the business as it focused on selling the Gail’s and Bertinet brands in supermarkets.
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NewsWhen In Rome hits £400k fund target to boost eco-wine packaging
The When In Rome and Philip Schofield brands are currently stocked by Waitrose and Ocado Eco-friendly craft wine supplier When In Rome has hit a £400k crowdfunding target to expand its range of sustainable packaging into paper bottles. Rob Malin, Andrea Marchesi and Lorenzo Canali founded the ...
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NewsCompleat Food Group swoops for Wrights Food Group in first chilled acquisition
The Compleat Food Group has acquired pie maker Wrights Food Group in its first deal since PE house PAI Partners brought Addo Food Group and Winterbotham Darby together
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NewsCity snapshot: Agronomics sets sights on £25m funding round
The Isle of Man-headquartered company, which is listed on the London Stock Exchange, plans to raise the money via a proposed placing of shares.
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NewsMedia Bites 2 December: Omicron, Selfridges, Seedrs, Pets at Home
The Omicron coronavirus variant threatens to intensify imbalances that are slowing growth and raising costs, the OECD said on Wednesday as it significantly increased its inflation forecasts from three months ago.
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NewsO’Brien Fine Foods eyes UK expansion with Bearfields of London acquisition
Bearfields supplies cooked and raw ham to customers, including Lidl and Costco, as well as pub and café groups, catering businesses and independent retailers
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NewsSeedrs snapped up by US fintech firm Republic in $100m deal
Republic said it expected the deal with Seedrs to lead to new innovations and products for European investors and private businesses