All Finance articles – Page 169
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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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Analysis & FeaturesWhy McColl’s is banking on its Morrisons Daily strategy
It’s had a tough year, but CEO Jonathan Miller remains confident
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NewsCity snapshot: Hilton agrees €90m deal for Dutch salmon producer Foppen
Hilton Food Group is making its first foray into North America with acquisition of international smoked salmon producer Dutch Seafood Company, trading as Foppen. Plus ABF issues trading update ahead of AGM.
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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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NewsKavli sells St Helen’s Farm goats’ milk brand back to founders
The sale follows the implicaiton of the brand in an animal welfare scandal last year
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NewsCity snapshot: Packaging demand boosts sales and profits at DS Smith
FTSE 100 packaging player DS Smith grew revenues and profits at a double-digit rate in the first half of its financial year driven by strong demand from the ’resilient’ fmcg sector.
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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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NewsBooths posts profits for the first time since 2015 due to Covid demand surge
The upmarket supermarket chain is back in the black after shopper demand increased during the series of lockdowns
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NewsMedia Bites 8 Dec: Strikes, Inflation, Booths
Asda has joined Tesco in facing the prospect of strike action ahead of the key Christmas trading season
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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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NewsNuud wins £750k investment in funding round led by Candy Kittens founders
Jamie Laing and Ed Williams said they had been “immediately impressed with the strength of the Nuud brand”
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NewsShopper confidence on the rise ahead of Christmas despite growing grocery price inflation
Shopper confidence had been in decline since earlier this year as the country battled labour shortages and the supply chain crisis
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NewsCity snapshot: Grocery sales fall back despite mounting price inflation
Grocery sales fell by 3.8% in the last 12 week period, according to Kantar, despite inflation rising to its highest level since June 2020.