All articles by Ed Devlin – Page 96
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Halewood sees 20% sales boost in spirits over lockdowns
The distiller and drinks distributor’s on-trade and global retail businesses were hit by Covid restrictions in the year to 27 June 2020
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Amazon grocery suppliers protest new terms on Vendor Central platform
Brands using Amazon’s Vendor Central platform have raised concerns in recent months
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Media Bites 4 March: Budget, Amazon, Sainsbury’s
The papers are predictably focused on yesterday’s Budget, but find room to cover the opening of Amazon’s first grocery store in the UK.
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Pukka Pies sets out £4.5m bakery investment as it eyes further growth
The pie brand, which took home the Brand of the Year title the 2020 Grocer Gold Awards, plans to enhance manufacturing capacity and capability at the Syston factory as it gears up for future growth.
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Lockdown Liquor eyes retail listings with addition of commercial director
Business launched in April 2020 as an initiative to raise funds for NHS charities
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Bio&Me appoints chief operating officer as it readies for growth
Gut health challenger brand Bio&Me has appointed Mark Isaacson as COO as it prepares to scale the business and launch new products
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City snapshot: Profits evaporate at Vimto owner Nichols in face of Covid crisis
Vimto maker Nichols has experienced a dramatic slump in sales and profits as it faced the “unequalled challenges” presented by the Covid pandemic. Plus, fierce competition keeps food inflation in check, according to the latest BRC-Nielsen shop price index for February. There are also trading updates from DS Smith and Smiths News.
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Seafood supplier Sco-Fro netted by Japan’s Nishimoto Co
Established in 1975 by founder and chairman Stanley Bernard, Sco-Fro is one the UK’s largest importers of own-label noodles and frozen sushi and surimi.
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Lindt sweetens global decline with rising UK sales
A strong performance in the UK helped Lindt offset declines across the world as the coronavirus pandemic disrupted several areas of the Swiss confectionery giant’s business.
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Farmison appoints KPMG to explore investment options
The Yorkshire-headquartered meat delivery firm is targeting sales of £100m with ambitious plans to continue disrupting the ind
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Media Bites 2 March: Danone, Morrisons, The Restaurant Group
The board of directors of Danone has sought to calm an acrimonious public fight with activist shareholders by agreeing to split the chairman and chief executive roles now both held by Emmanuel Faber.
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Grocemania reaches £100k target to fund growth into new cities
The rapid delivery service is already in London, Brighton, Nottingham and Bristol
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City snapshot: McColl’s to roll out hundreds of Morrisons Daily stores
McColl’s Retail Group has extended its wholesale supply agreement with Morrisons and is converting hundreds of stores to the supermarket’s convenience offering. Plus, Ocado has kick-started operations at its new mini customer fulfilment centre in Bristol.
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City Snapshot: Ontario Teachers explores £360m Burton’s Biscuits sale
Jammie Dodgers and Wagon Wheels maker Burton’s Biscuits is being put up for sale. Plus, Pets at Home raises profit forecast and all the rest of the latest news from the City.
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Jammie Dodgers maker Burton’s Biscuits set to be put on sale
Ontario Teachers’ Pension Plan, which bought Burton’s in 2013, has hired advisors at Stamford Partners to run the process.
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Giles Brook backs eco cleaning challenger Neat with six-figure investment
Neat has eliminated single-use plastics by producing plant-based cleaning concentrates in small glass containers and refillable aluminium spray bottles
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Media Bites 25 Feb: Beer duty, Brexit, Reckitt Beckiser, EG Group
Beer duty could be cut in pubs and raised in supermarkets to encourage people to go out after the lockdown ends, Boris Johnson hinted yesterday.
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City snapshot: Record year for Reckitt Benckiser as Covid fuels demand for Dettol
A strong end to the year has helped Reckitt Benckiser register double-digit growth in 2020 as consumers turned to Dettol, Lysol and other hygiene brands to keep coronavirus at bay. Plus, EG Group strengthen board with new non-exec appointment, and Glanbia profits slump as Covid take toll on performance nutrition division.
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Nestlé expands DTC portfolio with acquisition of SimplyCook
The deal follows the takeover of Mindful Chef in November last year as the Swiss food giant moved to increase its exposure to the flourishing direct-to-consumer market
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Media Bites 23 Feb: Coronavirus exit plan, online sales tax, Brexit
The main news story dominating the news this morning is the details of Prime Minister Boris Johnson’s coronavirus lockdown exit plan.