All articles by Henry Saker-Clark – Page 14
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News
City Snapshot: Unilever scraps plan to move HQ from London after investor opposition
Unilever has scrapped its plan to move its headquarters to the Netherlands after a groundswell of opposition from investors in the UK, Kettle Foods has made a loss in the UK amid immense competition for shelf space and the rest of the City news
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News
Media bites 5 October: Unilever, Waitrose, Amazon
Unilever has withdrawn plans to move its headquarters from London to the Netherlands after shareholder pressure
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News
Pepsico tops earning estimates in Nooyi's final quarter as CEO
Pepsico beat earning expectations as its beverage sales returned to growth, in Indra Nooyi’s final quarter in charge.
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Plantain crisp maker Bmac up for sale after administration
The Afro-Caribbean food producer hired administrators Greenfield Recovery this month, who are hoping to complete a sale “within weeks”.
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News
Lavazza to buy Mars' coffee business for $650m
Italian coffee giant Lavazza is to buy the coffee arm of Mars, Mars Drinks, in a deal worth up to $650m.
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Media Bites 2 October: Aldi, Unilever, Tesco
Aldi has pledged to keep the “contract” with its customers by cutting prices below Tesco’s budget brand Jack’s, as sales hit an all-time high of £10bn in the UK and Ireland
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News
Planet Organic to double store count following acquisition
Inverleith LLP has purchased a majority stake in the organic supermarket for around £15m
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News
Hovis to cut 100 jobs after posting £11m losses
The baker has sold its Manchester and Selby mills, and will close its Southampton mill at the end of the year
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News
Karro plans "significant M&A" after CapVest takeover
“Significant M&A” is planned at Karro Foods after the pork processor was bought by CapVest last year.
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Müller losses deepen on back of Dairy Crest dairies takeover
Müller’s UK and Ireland business fell further into the red as costs from its Dairy Crest dairies acquisition in 2015 continued to eat into profits.
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UK snacks brand Kings Elite acquired by Australian tycoon
The York-based business has been sold to entrepreneur Tony Quinn for a figure north of £20m
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News
Whole Foods Market UK slumps to £8.6m loss following store closures
Whole Foods Market UK slumps to £8.6m loss after store closures
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News
Sales dive 12.5% at Laila's Fine Foods after major contract loss
The manufacturer of frozen and chilled meals had a “disappointing” year, its directors said, as margins also decreased
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News
Sales and profits surge at Hotel Chocolat
Sales and pre-tax profits both surged at Hotel Chocolat last year as new store openings and international ventures offset cost increases.
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News
Media Bites 25 Sept: Tesco, Unilever, Amazon
Tesco is in line to face the biggest fine on record from the UK financial watchdog for a cyber-related fraud
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Analysis & Features
Payment delays increase as pressure grows on supermarket suppliers
Delays in payments to food producers have increased to 45 days, despite most retailers signing up to standards aimed at improving payment times
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News
French supermarket Casino 'rejected Carrefour takeover approach'
French supermarket chain Casino says it rejected a potential takeover approach from hypermarket Carrefour, a claim which Carrefour denies.
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News
Media Bites 24 Sept: The Co-Op, Casino/Carrefour, Unilever
The Co-op is to be the first major supermarket in the UK to replace single-use plastic carrier bags
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News
Manilife secures cash boost as nut butter interest soars
Manilife has listings in Marks & Spencer, Holland & Barrett and Boots
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News
Allplants recieves £7.5m cash injection to accelerate growth
The vegan delivery company will use the funding to build a new sustainable base for the business