All Finance articles – Page 9
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News
Bepps appoints liquidators as access to funding dries up
Healthy snacking challenger Bepps has ceased trading after an attempt to secure funds to support working capital failed
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News
KinKind in £500k funding drive to enter retail channel
More than half the funding is already committed by angel investors, with the business aiming to bring additional backers on board by the end of June to complete the round
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News
City snapshot: Greggs sales jump in 2024 as it continues to grow store estate
Food-to-go player Greggs has seen another strong uplift in like-for-like sales in the early weeks of 2024 as it continues to grow its store estate
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News
Media Bites 14 May: Asda, Boots, Tesco
Asda’s move into house building generates headlines this morning
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News
New cash for fresh Arla factory upgrades takes total investment to £300m this year
Britain’s biggest dairy company has unveiled investments in four of its sites including Lockerbie, Stourton, Aylesbury and Westbury
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News
Premium boxed wine Laylo eyes expansion with seven-figure backing
Founded by former Naked Wines marketing director Laura Riches and COO Laura Rosenberger in 2020, the business secured $1.3m (£1m) in a round led by Anotherway Ventures
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Comment and Opinion
Underfunding of local councils imperils all of us in grocery
Financing local government is incredibly complex and deeply boring, but it impacts literally every Grocer subscriber and everyone else in our industry, says Ian Wright, co-chair of the Food & Drink Export Council
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News
All Things Butter secures seven-figure seed funding
Disruptive dairy startup All Things Butter has closed a £2.2m seed funding round to support a wider rollout of its products and prepare an overseas launch
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News
Media Bites 13 May: Fever-Tree, Morrisons, apprenticeships
Fever-Tree is teaming up with one of the leading makers of French rosé wine as it seeks to grab a slice of the lucrative spritz market from Aperol
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News
City snapshot: Premier Foods appoints non-exec to the board
Premier Foods has appointed Malcolm Waugh as an independent non-executive director.
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News
City News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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News
Ethosa raises £230k to strengthen brand
Waterless personal care company Ethosa has raised £230k via crowdfunding to drive growth
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News
Crawshaws successor Sterling Meat Co posts more strong growth
The Manchester-based retailer delivered a 54.3% jump in sales to £22.8m in the year to 31 December
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City snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
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News
Media Bites 10 May: John Lewis, Fruugo, Spinneys/Waitrose
John Lewis has shed 3,800 jobs over the past year, as it races to cut costs across its stores
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News
Home Dough Pizza launches investment drive amid ad agency partnership
Home Dough Pizza, a ‘restaurant quality’ pizza startup with listings across London, has kicked off a drive for new investment to take the brand national
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News
Musgrave Northern Ireland invests £14m into new own-label range
Dubbed Good Food Locally Sourced, the range consists of almost 150 products sourced from local suppliers
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News
City snapshot: Beyond Meat sees 18% sales plunge on weakening plant-based demand
Vegan foods pioneer Beyond Meat saw an 18% plunge in first quarter revenues as demand in the category continues to weaken
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News
Media Bites 9 May: BrewDog/James Watt, AB InBev, JD Wetherspoon
James Watt, the founder and chief executive of BrewDog, is stepping down following a turbulent period in charge of one of the country’s most successful and controversial homegrown brands
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News
2 Sisters owner Boparan remains £23m in the red despite price hikes
2 Sisters owner Boparan remained £23.1m in the red last year despite a double-digit rise in sales as soaring cost inflation hit the poultry giant’s bottom line