All The Grocer articles in 16 March 2024 – Page 7
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NewsCity snapshot: Consumer confidence ‘vanishes’ in March
Consumer confidence stalled in March but a shift in attitudes to personal finance provided optimism for the future, according to a closely watched survery released this morning. Plus, the latest retail sales for Feburary from the ONS
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Comment & OpinionWhat every startup needs to know before applying to Dragons’ Den
Before you’re even in the Den, you’re putting hours into the selection process, says Amelia Christie-Miller, founder of Bold Bean Co
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NewsCity News: Hangover for Naked Wines investors
Shareholders in Naked Wines suffered another hangover this week as media reports on the online wine retailer hiring Interpath to refinance its debt sent the shares tanking by more than 20%
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NewsUnilever to spin off ice cream division in £15bn move
Unilever has unveiled plans to spin out its €7bn (£6bn) global ice cream business in an acceleration of new boss Hein Schumacher’s strategy to turn around the group’s performance
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NewsS-Ventures in takeover talks with AIM-listed investment firm
Struggling fmcg investor S-Ventures is in talks with an AIM-listed firm over a potential takeover to support future growth
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NewsMedia Bites 25 March: Unilever, food security, Ocado, Asda
Unilever’s move to spin off ice creams continues to make headlines into the weekend
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NewsCity snapshot: Virgin Wines UK confident of meeting full-year profit forecasts
Underlying profits have more than doubled at Virgin Wines UK in the first half as the DTC group implemented a turnaround strategy
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Range PreviewKey innovation trends from retailers’ Easter 2024 range previews
The retailers always manage to put a new spin on Easter treats from chocolate eggs to hot cross buns – and 2024 is no exception
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NewsFreshways swoops to rescue bread wholesaler Coultons from collapse
Freshways has swooped to rescue bread wholesaler Coultons from administration in a deal that solidifies the acquisitive dairy group’s position in the bread market
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NewsAccrol subject of £130m takeover bid as Navigator sets sights on UK toilet tissue
Portugal’s Navigator, a paper and pulp group listed on the Lisbon Stock Exchange, offered 38p a share to buy the Blackburn-headquartered business that counts all the UK’s major supermarkets and discounters as customers
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NewsLittle Moons hires Graze boss Joanna Allen as new CEO
Ice cream challenger Little Moons has appointed industry heavyweight Joanna Allen as its new CEO to fill the vacant position left by the surprise exit of Mike Hedges last month, The Grocer can reveal
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NewsMedia Bites 26 March: Unilever, Hovis, vapes
London’s stock market is braced for a further blow after the chief executive of Unilever suggested that the Netherlands had “a good chance” of hosting the conglomerate’s €17bn spun-off ice cream division
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NewsCity snapshot: Ocado Retail hails “strong” Q1 performance
Ocado Retail has made a “strong” start to the year as the joint online venture with M&S continued to grow its market shares. Plus, the grocery latest market share data from Kantar and full-year results from Fever-Tree and AG Barr
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NewsHovis turnaround picks up under new management team
Hovis has made big strides in its turnaround as significant price hikes helped boost revenues and profitability
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NewsModern Milkman expands into US with acquisition of namesake milk round business
Online grocery delivery service Modern Milkman has acquired its US namesake as part of an ambitious expansion to take its sustainability mission overseas
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NewsShicken wins further multimillion backing from Matthew Glover’s Veg Capital
The brand will use the £4m cash injection to scale up manufacturing capacity and ‘realise the global potential of its restaurant-quality range’
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NewsFree-from brand Crave launches peanut-free take on peanut butter
The spread is made from roasted sunflower seeds
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NewsVillage Bakery set to command £160m price tag as PE owner explores exit
Village Bakery is seeking new owners, with its private equity backer having tasked bankers with running an auction for the premium private-label bread maker
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NewsMedia Bites 27 March: Grocery inflation, Ocado, Fevertree
Grocery inflation has fallen to its lowest level in two years as the cost of living crisis finally eases
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NewsCity snapshot: DS Smith confirms new talks over £5.7bn counter offer with New York rival
A multibillion-pound bidding war is underway for cardboard packaging manufacturing DS Smith as the London-listed firm confirmed it had received a counter proposal from a US rival. Plus, the Artisanal Spirits Company publishes full-year results for 2023