All articles by Ed Devlin – Page 103
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NewsCBD oil brand Dragonfly scales up with factory deal
CBD oil producer Dragonfly Biosciences has taken over full ownership of Premium Extraction Services, which runs a large-scale ethanol extraction facility.
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NewsMash Direct grows sales as shoppers look for health and convenience in lockdown
Mash Direct has continued to grow rapidly outside its domestic Northern Ireland market as consumers looking for a blend of health and convenience throughout the coronavirus pandemic turned to its range of prepared veg.
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NewsNix & Kix hits £500k crowdfunding target as it launches in US with Coke-backed distributor Iris Nova
The five strong-range of canned drinks will be distributed across the US by Coca-Cola-backed Iris Nova via its DTC platform.
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NewsCity snapshot: ‘Exceptional’ year for Just Eat as revenues soar during Covid pandemic
The world’s largest food delivery company saw orders accelerate for three quarters in a row in 2020, processing 588 million orders in the year, a 42% rise compared with 2019. Plus, Russian grocery retailer X5 Retail Group launches biometric tech to ’pay with a glance’ at its supermarkets in a move CEO Igor Shekhterman said would soon be universal.
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NewsMackie’s of Scotland performs well during pandemic as shoppers turn to home comforts of ice cream
Mackie’s of Scotland has held revenues at record levels despite the challenges presented by the coronavirus pandemic as shoppers treated themselves to ice cream and chocolate during lockdown.
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NewsMedia Bites 9 March: Deliveroo, Unilever, Morrisons, Sainsbury’s
The papers put Deliveroo in focus ahead of its highly anticipated £7bn London IPO.
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NewsHeineken appoints RB hygiene chief as CFO as Debroux steps aside
Harold van den Broek will start as chief financial officer on 1 June, working with Debroux for a transition period
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NewsFoodhub seeks £100m in its biggest fundraising round to date
The company plans to use the money to support its “bold” expansion plan, including further acquisitions overseas, expanding the global workforce and developing its offering.
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NewsCity Snapshot: Deliveroo narrows losses ahead of £7bn IPO
Surging demand for takeaways during 2020 has helped Deliveroo narrow losses as transactions on the food delivery app soared, the group said this morning as it prepares for an upcoming £7bn IPO.
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NewsSupermarkets and meat giants expected to jostle for Farmison
Sales at the heritage meat delivery business doubled to more than £12m in 2020 as shoppers flocked online to buy during COVID
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NewsHalewood sees 20% sales boost in spirits over lockdowns
The distiller and drinks distributor’s on-trade and global retail businesses were hit by Covid restrictions in the year to 27 June 2020
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NewsAmazon grocery suppliers protest new terms on Vendor Central platform
Brands using Amazon’s Vendor Central platform have raised concerns in recent months
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NewsMedia Bites 4 March: Budget, Amazon, Sainsbury’s
The papers are predictably focused on yesterday’s Budget, but find room to cover the opening of Amazon’s first grocery store in the UK.
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NewsPukka Pies sets out £4.5m bakery investment as it eyes further growth
The pie brand, which took home the Brand of the Year title the 2020 Grocer Gold Awards, plans to enhance manufacturing capacity and capability at the Syston factory as it gears up for future growth.
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NewsLockdown Liquor eyes retail listings with addition of commercial director
Business launched in April 2020 as an initiative to raise funds for NHS charities
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NewsBio&Me appoints chief operating officer as it readies for growth
Gut health challenger brand Bio&Me has appointed Mark Isaacson as COO as it prepares to scale the business and launch new products
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NewsCity snapshot: Profits evaporate at Vimto owner Nichols in face of Covid crisis
Vimto maker Nichols has experienced a dramatic slump in sales and profits as it faced the “unequalled challenges” presented by the Covid pandemic. Plus, fierce competition keeps food inflation in check, according to the latest BRC-Nielsen shop price index for February. There are also trading updates from DS Smith and Smiths News.
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NewsSeafood supplier Sco-Fro netted by Japan’s Nishimoto Co
Established in 1975 by founder and chairman Stanley Bernard, Sco-Fro is one the UK’s largest importers of own-label noodles and frozen sushi and surimi.
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NewsLindt sweetens global decline with rising UK sales
A strong performance in the UK helped Lindt offset declines across the world as the coronavirus pandemic disrupted several areas of the Swiss confectionery giant’s business.
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NewsFarmison appoints KPMG to explore investment options
The Yorkshire-headquartered meat delivery firm is targeting sales of £100m with ambitious plans to continue disrupting the ind