All articles by Elena Cherubini – Page 27
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NewsUK food-to-go sector predicted to double grocery growth by 2024
The UK food-to-go sector is on track to be worth £23.4bn by 2024, more than doubling the growth rate of the wider food & grocery retail market
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NewsEnergy tea maker Mission secures £260k to expand into retail
Energy tea producer Mission has received a six-figure funding boost to fuel its expansion into the retail sector, months after completing a rebranding.
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NewsCity snapshot: UK Consumer confidence remains low in second quarter
UK consumer confidence has remained unchanged in the second quarter of the year as strong earnings and jobs data failed to offset the uncertainty of a no-deal Brexit.
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NewsGraze targets European expansion following D2C launch in Ireland
Healthy snacking brand Graze kicked-off a European expansion drive following a direct-to-consumer launch in the Republic of Ireland.
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NewsPepsiCo agrees deal to buy Fruit Bowl parent company Pioneer Foods
PepsiCo has made a $1.7bn bid to acquire Pioneer Foods Group as it targets expansion in Africa.
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NewsTea Rex besieges Merton Sainsbury’s with horde of inflatable dinosaurs
Tea Rex’s infusions launched into Sainsbury’s as part of the grocer’s Taste of the Future campaign
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NewsIndie brand Sauce Shop seeking £250k to scale up production
The business will launch a crowdfunding campaign on Crowdcube at the end of July in exchange for 5% of its equity
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NewsMother eyes vending machine rollout as it secures £3m funding
The London-based company will use the cash to develop more machines as it seeks to roll out on a national scale
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NewsSurge in global demand boosts Haribo sales
Accounts filed at Companies House for Haribo’s parent company in the UK showed total turnover up to £181.6m in 2018
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NewsUK retail sales rise in June according to official figures
The latest ONS figures paint a brighter picture for UK retailer with retail sales improving both on a monthly and annual basis
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NewsCosta Coffee products to launch across Europe under Coca Cola HBC
The bottler will launch a full range of Costa branded products in “at least” 10 of its European markets
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NewsSales plunge at Fruit Bowl maker Stream Foods amid contract loss and difficult market
Stream Foods sales and profits dropped last year with the firm blaming a “tough” and “unpredictable” market for its poor annual performance
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NewsBeFries seeks funding to launch vegan sauce range into UK supermarkets
A Belgian-style fries restaurant is seeking to raise £30k to launch its vegan sauce range onto supermarket shelves
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NewsMeat supplier Cheshire Food rescued out of administration
The Manchester-based meat wholesaler collapsed following a tough trading period which “rendered the company insolvent”
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NewsCrowdfunders burnt as Hop Stuff rescued from administration by Molson Coors
London-based craft brewer Hop Stuff has been sold to Carling owner Molson Coors in a pre-pack deal, wiping out £1.5m of crowdfunding investment.
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NewsGousto to expand automation and AI as it secures further £30m cash injection
Meal kit delivery business Gousto has secured further £30m in funding to expand automation and grow its technology team.
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NewsWarburtons plans to shut down Newburn bakery amid challenging market
Warburtons entered redundancy consultations with staff members at its Newburn bakery, Newcastle, amid plans to shut down the facility.
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NewsBulldog Skincare revenues soar but profits fall on marketing spend and NPD
Annual sales at male grooming company Bulldog Skincare jumped but profits were slashed by heavy marketing spend and NPD
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NewsCity snapshot: Retail footfall slumps in June as high street woes continue
Retail footfall slumped in June as poor weather and Brexit uncertainty continued to bash the struggling UK high streets. Plus, new FD for Real Good Food, Sports Direct delays results and all the rest of the latest news from the City.
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NewsRaylex Brands acquires Wow Drinks to grow plant-based portfolio
Raylex said the acquisition would help on its mission to build a plant-based drinks portfolio