All articles by Henry Saker-Clark – Page 18
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NewsMedia Bites: Iceland, Walkers and Holland & Barrett
Iceland frozen food is set to be sold in The Range discount stores, after a deal was agreed between the two retailers
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NewsKraft Heinz shares jump as condiments and sauces drive European growth
Kraft Heinz shares jumped 8% after booming sales outside of North America helped it record second quarter top-line growth.
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Analysis & FeaturesVaping: how will US brand Juul fare in the UK market?
Juul is cool. And unusually for an fmcg product, that’s a problem
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NewsHeineken drops 5% after Brazil expansion hits margins
Heineken’s expansion in Brazil took the fizz out of its growth in the first half of 2018, meanwhile AG Barr shrugged off a ‘volatile’ period by delivering 5% sales growth
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NewsMeadow Foods secures 'strategic investment' from PE firm Exponent
Private equity firm Exponent has acquired dairy group Meadow Foods from fellow PE firm Paine Schwartz Partners.
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NewsRemeo Gelato raises £500k from investors to grow listings
The supplier, which is currently listed in Waitrose and Ocado, said sales had increased three-fold this summer
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NewsHot weather helps AG Barr recover to 5% sales growth
Irn Bru and Rubicon manufacturer AG Barr recorded a 5% increase in sales for the first half of 2018.
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NewsMedia Bites 1 Aug: Greggs, Food inflation, P&G
Bakery chain Greggs reported a rise in sales yesterday despite a challenging high street and extreme weather conditions, driven by growth in its breakfast and healthier choices ranges
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NewsTotal Produce's $300m investment in fruit giant Dole cleared
The deal, which was first agreed in February, was completed following approval from the European Commision
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NewsFCA opens crowdfunding consultations after witnessing "poor practice"
The regulator says changes it has proposed are designed to address the ways that loan-based crowdfunding has developed and can be improved
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NewsHeineken cuts profit forecasts after Brazil expansion
Heineken, the world’s second largest brewer, has forecast a drop in profitability after expanding quicker than predicted in Brazil.
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NewsMedia Bites 30 June: Brexit, Marks & Spencer, Discounters
Supermarkets have asked suppliers to begin contingency planning in case Britain crashes out of the EU with no deal, prompting some to consider stockpiling goods
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NewsLotus Bakeries buys Kiddylicious to expand snack business
Kiddylicious, which was launched by former M&S food scientist Sally Preston in 2009, sought a sale as it looked to expand the brand internationally, as reported by The Grocer
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NewsElisabeth the Chef lowers losses after Country Style takeover
A reversal of asset impairment helped to significantly reduce exceptional costs
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NewsMcColl's profits suffer after P&H collapse disruption
Pre-tax profits for the six months to 27 May felll to £2.3m as supply costs increased
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NewsMedia Bites: Nestlé, Diageo and stockpiling food
Shares in Switzerland’s Nestlé rose yesterday after better sales in the US and China helped chief executive Mark Schneider pep up the performance of the world’s largest food and drinks group
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NewsCity snapshot: Reckitt Benckiser ups sales targets after baby formula growth
Durex and Clearasil maker Reckitt Benckiser (RB.) lifted sales targets after half-year revenues were boosted by its acquisition of Mead Johnson, Danone’s growth slows after consumer boycotts in Morocco, and the rest if this morning’s finance updates
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NewsGSK announces £1.7bn cost savings but stops short of consumer healthcare demerger
SK’s consumer healthcare sales fell 1% to £1.8bn in the second quarter, but the company failed to split off the consumer arm as recently predicted
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NewsEagle Eye losses grow despite 33% sales boost
Grocery tech firm Eagle Eye Solutions has recorded a 33% jump in full year sales, but its losses grew and customer volumes remain below expectations.
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NewsMedia Bites 25 July: Grocery sales, Britvic, Fever-Tree
UK grocery sales climbed at the fastest pace this year in the three months to mid-July as warm weather and England’s trip to the World Cup semi-finals boosted demand for alcoholic drinks.