All articles by Ed Devlin – Page 93
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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.
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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.