All articles by Harry Holmes
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NewsJollyes falls into the red after Asda owner buyout but sales growth remains healthy
Asda owner TDR Capital bought a majority stake in pet retailer Jolleys last year
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NewsCake Box agrees buyout of Asian sweet seller Ambala Foods
The deal consists of £16m for Ambala itself and £6m for its manufacturing facility
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NewsCity snapshot: Cake Box to buy Ambala Foods with £7m of new shares
Ambala is a family-run manufacturer and retailer of Asian sweets. Also, Applied Nutrition announces joint business plan with Holland & Barrett
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NewsCompleat Food Group buys The Real Yorkshire Pudding Company
It is the latest milestone in the company’s ongoing spending spree
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NewsVimto eyes breakfast space to help fulfil growth ambitions
Owner Nichols is aiming to grow revenue by 30% over the next five years
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NewsCity snapshot: Vimto and Domino’s both deliver profits boost
Vimto owner Nichols saw profits jump after it switched to a higher-margin model in Africa. Domino’s profits grew but its situation remains sticky
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NewsVimto owner Nichols sees profits leap after African strategy shift
Nichols said it is switching to selling higher-margin concentrate in its African markets
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NewsGreggs shares sink on news of more flakey growth
Greggs took a hammering on the markets this week as investors were alarmed at the high street bakery chain’s continued slowdown in sales
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NewsPukka Pies profits decline amid attempted £100m sell-off
Pukka kicked off a process to potentially sell the business early last year
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NewsCity snapshot: Reckitt Benckiser shares down 2% after annual results
Reckitt Benckiser saw revenue and profit both fall last year as it looks to gather momentum with its turnaround. Also, Barry Williams is made permanent MD of Poundland
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NewsRadnor Hills doubles profits after convenience launch
Radnor Splash launched a new range this month to try and boost its presence in convenience stores
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NewsReckitt Benckiser sees sales and profits fall amid turnaround
Reckitt Benckiser’s shares hit an 11-year low in July but a turnaround strategy in the summer has seen it regain momentum
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NewsCity snapshot: Boots owner closing in on $10bn private equity takeover
Walgreens Boots Alliance is reportedly closing in on a deal worth $10bn to be taken private by a US private equity firm. Also, Valentine’s Day was bigger than ever this year, according to NIQ
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NewsGreggs CEO defends bakery chain’s health record
The chain hopes new foods like fish finger sandwiches, chicken wraps, and chicken burgers can help draw greater sales after 4pm
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NewsNomad Foods back on track after major tech disruption
Nomad Foods’ share price rose 5% on Monday after reporting its fourth-quarter results
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NewsCity snapshot: Greggs shares plummet 10% as slowdown continues
Greggs’ slowdown has been worrying investors since it posted disappointing results in January. Also, Bakkavor and Kitwave report strong annual results.
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NewsKitwave revenue grows 10% due to latest buying spree
The AIM-listed business completed the acquisition of three businesses last year
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NewsGreggs’ sales top £2bn but slowdown continues
Greggs’ share price plummeted 10% in January after the chain disappointed investors
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NewsBeyond Meat cuts jobs and suspends China operations in bid to reduce costs
Beyond Meat is cutting its expenses over the next two years in a bid to turn a profit by the end of 2026
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NewsMackie’s profits on the rise amid supermarket success
The bulk of its growth was driven by extra listings for its ice cream in supermarkets like Tesco and Sainsbury’s