Alex Whitehouse news, comment and analysis – Page 2
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NewsCity snapshot: Premier Foods snaps up Fuel10K in £34m deal
Premier Foods has expanded its presence in the breakfast category with the £34m acquisition of protein brand Fuel10K
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NewsMedia Bites 21 July: CMA, Wilko, M&S, Premier Foods
Another packed morning of fmcg news, with the papers covering the CMA findings on ‘greedflation’, M&S anger over the future of its Oxford Street store, and Premier Foods trading update.
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NewsCity snapshot: Premier Foods vows to hold prices as inflation passes peak
Premier Foods has pledged no further price rises in 2023 as the Bisto, Batchelors and Mr Kipling owner revealed a strong start to the year and declared that the period of soaring costs had peaked.
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NewsPremier Foods shares surge following upgrade to expectations
Premier Foods shares surged to 12-year highs this week after the ambient supplier beat upgraded expectations
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NewsCity snapshot: Premier Foods profits beat expectations
Premier Foods has posted double-digit annual growth in sales and trading profits as price rises and cost savings mitigated ’exceptionally high’ input cost inflation
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NewsCity snapshot: Premier Foods Christmas sales jump on grocery growth as it shuts factory
Premier Foods has posted double-digit growth in its crucial third quarter as it announces the proposed closure of its Knighton powdered beverage factory affecting 300 roles. Plus, trading updates from Hotel Chocolat, Deliveroo, Bakkavor and Finsbury Food Group
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NewsCity News: Premier Foods shares decline despite' highly creditable performance'
Premier Foods boosted sales in the first half as households turned once more to home cooking in a bid to cut costs as food prices soared to 45-year highs.
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NewsCity snapshot: Premier Foods grows profits and sales as shoppers stay home to cut costs
Squeezed shoppers have turned to Premier Foods’ stable of household brands as they cut down on eating out, boosting sales and profits at the supplier group. Plus, inflation hits 11.1% as food prices soar at fastest rate since 1977, Deliveroo exits Australia, McBride warns of continued cost pressures, and Eagle Eye acquires French personalised promotions firm
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NewsFareShare strikes deal with Premier Foods amid rising food poverty concerns
The five-year deal will see Premier donate surplus food to the redistribution network
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NewsBatchelors noodles and pasta SKUs hit by supply issues
A spokesman for the Batchelors brand said owner Premier Foods had “seen high levels of consumer demand over recent months”
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Comment & OpinionPremier Foods’ Spice Tailor deal signals the end of its zombie phase
The Spice Tailor acquisition looks to be a savvy one in the context of continued high demand for home cooking
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NewsCity Snapshot: Premier Foods snaps up The Spice Tailor for £44m
Premier Foods has acquired Indian meal kits brand The Spice Tailor for £44m as the Sharwood’s and Loyd Grossman owner looks to capitalise on growing demand for scratch cooking. Plus, Aldi gives staff a second pay rise of the year; and Naked Wines loses CFO.
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NewsPremier Foods hails growth as its brands appeal to cash-strapped shoppers
Premier Foods has reported a “strong start” to the year as its stable of noodles, sauces and stock cubes helped shoppers in search of cheaper meals.
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NewsCity Snapshot: Food prices rise faster than headline rate of inflation
Food and drink prices have soared higher than the headline rate of inflation in June as sharp rises in input costs fed through to supermarket shelves. Plus, Premier Foods reports a “strong start” to its financial year; and Finsbury Food Group issues a pre-close trading update.
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NewsOasis to give up Premier Foods board seat at July’s AGM
Oasis Management will no longer have a presence on the Premier Foods board following last week’s reduction in its shareholding position
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NewsNissin strengthens Premier Foods partnership as it buys chunk of shares from activist Oasis
The £40m acquisition is intended to strengthen the strategic relationship between Nissin and Premier and to “contribute to continued value creation” at the Batchelors supplier
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NewsCity Snapshot: Premier Foods to hike prices higher as Mr Kipling helps group beat profit forecasts
Premier Foods beats profit expectations for the year but warns of more price hikes. Plus, UK inflation hits 40-year high of 9% in April; Virgin Wines strikes strategic partnerships with Great Western Railway and Currys; and Marston’s returns to profit as pub trading returns to normal.
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Category ReportThe sweet science: healthier snacking category report 2022
New HFSS rules are compelling makers of sweet snacks to rethink their ingredients. What better-for-you treats are they formulating?
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NewsMr Kipling launches Deliciously Good non-HFSS cakes range
The cakes are the result of three years’ development and owner Premier Foods’ first full range of non-HFSS branded cakes
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NewsMedia Bites 28 Feb: McColl’s, Unilever, Burger King, Boots
Convenience store chain McColl’s is racing to secure new funding to stave off a collapse
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