All articles by Ed Devlin – Page 144
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NewsFormer Diageo CEO Paul Walsh takes stake in Brockmans Gin
He has joined the company’s advisory board to help “shape strategy” for the next phase of development
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News‘Allergen Audit’ unit launched to monitor foodservice safety
Food safety consultancy NT Assure and compliance auditor Serve Legal have collaborated to develop the audit
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NewsInflation set to hike retail business rates by £137m
The controversial business rates system is calculated every April based on the CPI of the previous September
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NewsWaitrose removes plastic packaging from multibuy cans
Waitrose claimed the move would save 18 tonnes of plastic annually
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NewsMotor Fuel Group acquires forecourt operator Symonds Retail
Symonds Retail generated revenues of £17.9m in the year ended 31 March 2018
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NewsUber Eats adds KFC restaurants in trial across London
Uber Eats’ food delivery app is now available in more than 100 towns and cities across the UK
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Analysis & FeaturesPower list: the most influential shareholders in grocery
The influential activist investors worming their way into boardrooms across the globe
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NewsMcColl's breaks £1bn sales barrier thanks to new stores
Total revenues in 2017 jumped 19.1% to £1.1bn following the integration of the 298 shops acquired from Co-op
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NewsAppetise cuts crowd valuation in bid to reach target of £500k
Online takeaway service Appetise has slashed its valuation in the hopes of drumming up interest
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NewsThe Collective set for 'racy' stake valuation
High-end yoghurt brand The Collective is holding talks with potential investors in the UK and New Zealand
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NewsMedia Bites 23 February: British American Tobacco, Unilever
The papers delve into the latest annual results from British American Tobacco, which saw its profit jump thanks to the acquisition of rival tobacco giant Reynolds.
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NewsCity snapshot: The Collective in talks for investment to accelerate rapid growth
Premium yoghurt brand The Collective is holding talks with potential investors in the UK and New Zealand to secure cash to accelerate its already rapid growth. Plus, Finsbury Food has refinanced its debt facilities to allow the business the option to explore future growth opportunities.
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NewsMedia Bites 22 February: Unilever, Hotel Chocolat, Arla, KFC
The UK government is bracing for Unilever to choose the Netherlands over the UK for its new unified headquarters. Plus, results from Hotel Chocolat and Arla both gain coverage this morning.
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NewsCity snapshot: Sales and profits heating up at British American Tobacco
Revenues and profits have soared at British American Tobacco as the cigarette giant completed its £41.8bn takeover of rival Reynolds and continued to take advantage of the growth of next generation products. Plus, profits slump at private label group McBride as inflationary pressure in its personal care & aerosols business saw the division slump to a trading loss.
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NewsMeadow Foods kicks off acquisition drive with takeover of ghee maker Roil Foods
It is the first deal at Meadow since US private equity firm Paine Schwartz Partners took a stake in the processor in late 2016 to help fund organic growth and strategic acquisitions.
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NewsMedia Bites 19 February: Matt Davies, Tesco, Reckitt Benckiser, Greene King
The former UK boss of Tesco is to become one of the FTSE 350’s youngest chairman after landing a job at online retailer N Brown.
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NewsCity snapshot: Sales surpass £1bn at McColl's
Annual sales at McColl’s Retail Group smashed through the £1bn barrier last year thanks to the rapid expansion of its store portfolio. Plus, a return to growth in the fourth quarter failed to lift Reckitt Benckiser as the Dettol to Durex maker reported flat like-for-like sales for 2017.
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NewsTough Christmas sees Ultimate Plum Pudding Company collapse
All 20 employees at the Cumbrian company have been made redundant
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NewsNestlé reports slowest growth this century
Consumers have continued to shun mainstream packaged food in favour of cheaper own-label or healthier snacks
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NewsMedia Bites 16 February: Nestle, Tesco/Booker, Lidl
Annual results for Nestlé and worrying developments for the Tesco/Booker merger ahead of the shareholder vote make the papers today.