All articles by Elena Cherubini – Page 24
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NewsMedia Bites 6 September: Alcohol taxes, Plant-based diets, Casino
Alcohol sold in supermarket should be taxed at a higher rate that booze sold in pubs to help cut problem drinking and benefit public health.
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Analysis & FeaturesHow Grenade exploded into confectionery mainstream
Protein bar maker Grenade has rocketed from sports nutrition brand to mainstream giant – and is now heading for its third sale
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NewsHandmade Cake Co attributes ‘strong growth’ to free-from focus
The Handmade Cake Co reported a “year of strong growth” as increased focus on free-from bakery products boosted annual sales
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NewsGrocemania seeking £50k to push London expansion
Delivery firm Grocemania is seeking to raise £50k from angel investors to support further expansion across London retailers and drive sales.
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NewsValeo Foods confirms £66m Kettle acquisition
Valeo Foods Group has confirmed the acquisition of Kettle from US owner Campbell Soup Co, in a deal valuing the struggling premium crisps brand at £66m
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NewsWatmuff & Beckett hails ‘amazing’ response to Crowdcube funding campaign
The soup, risotto and broth maker is seeking £110k on Crowdcube in exchange for a 10% stake
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NewsLion Capital kicks off sale process for sports nutrition brand Grenade
The sports nutrition player is set for a multimillion-pound bidding war after private equity owner Lion Capital appointed advisors to explore a sale
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NewsConsumer confidence slips amid mounting pre-Brexit nerves
UK consumer confidence slipped back this month, as mounting Brexit uncertainty led to consumers feeling increasingly nervous
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NewsHighland Spring to reduce plastic use after securing £55.5m backing
Highland Spring Group will ramp up its environmental sustainability initiatives after securing multi-million-pound backing from HSBC UK
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NewsArla Foods posts strong sales but warns of Brexit concerns
Dairy giant Arla Foods hailed “strong” sales growth in the first half of 2019, but warned the impact of a hard Brexit could hit performance in the second half.
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NewsGreggs shares rise on UBS upgrade
Greggs shares rose over 3% after the stock was upgraded by analysts at UBS who believe in a “significant” growth opportunity for the baker
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NewsHain Celestial agrees £280m Tilda sale to Spain’s Ebro Foods
US food giant Hain Celestial group has completed the sale of rice brand Tilda to Spanish food processing business Ebro Foods for $342m (£280m) in cash, as reduces its exposure to UK Brexit uncertainty.
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NewsUK shop prices fall in August amid high levels of promotions
UK shop prices have continued to slump in August as weak consumer spending and mounting competition led to higher discounting within the retail sector
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NewsFarmdrop adds £5m to total raised as it expands across UK
Farmdrop has issued just over £5m worth of new shares as it continues its nationwide expansion
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NewsVegan petcare brand Hownd turns to crowd for £150k fundraise
Hownd has reached out to the crowd for investment, seeking £150k to accelerate growth and develop new products
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NewsSupreme Imports eyes standalone flotation for 88 Vape
MD Sandy Chadha told The Grocer it was mulling a pureplay float of its vaping business
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NewsCity snapshot: Supreme Imports considers standalone vaping float
Supreme Imports is considering floating its 88 Vape brand as a standalone business after returning to profit growth
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NewsUK retail sales crumble at fastest rate in over 10 years
CBI figures showed that, in the year to August, both retail sales volumes and orders fell at the fastest pace since December 2008
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NewsFulfil Nutrition plots further UK expansion as Hershey buys in
Irish confectionery bar startup Fulfil Nutrition is planning to expand further into the UK market after securing a “significant minority investment” from confectionery giant The Hershey Co.
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NewsGeneral Mills CFO to retire amid leadership team reshuffle
The company said the changes reflected a “thoughtful and strategic approach to long-term growth and succession planning”