All articles by Ed Devlin – Page 15
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NewsJust Eat agrees to €4.1bn offer from Prosus
Just Eat Takeaway is set to be acquired by Dutch investment group Prosus for €4.1bn with a view to building a European food delivery champion
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NewsCity snapshot: Food sales jump as shoppers stay home
Retail sales bounced back in January with a bigger-than-predicted rise thanks to strong growth in food stores as people ate more at home to save money, according to new official figures. Plus, consumer confidence also improved in February
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NewsBBQ brand Lumberjaxe lands £90k offer from Dragons’ Den
Seasoning and sauces brand Lumberjaxe is planning to shake up the BBQ category after scoring an investment deal during an appearance on Dragons’ Den
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NewsWalgreens Boots shares soar as new life is breathed into possible PE takeover
Shares in Walgreens Boots Alliance received a shot in the arm this week as speculation circulated that a potential private equity takeover of the US pharmacy giant was alive and kicking. It means a carve out of the UK high street Boots chain is once again a possibility
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Analysis & FeaturesWhat does Ella Mills’ Allplants purchase mean for ailing plant-based category?
Ella Mills injected a much-needed dose of optimism into the ailing plant-based category last week as she picked up Allplants from administrators
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NewsCity snapshot: UK employers weigh up wave of redundancies to cope with tax rises
Businesses across the UK are scaling back on hiring new staff and stepping up redundancy programmes in reaction to the fresh wave of employment taxes following the Labour budget, according to a new survey released this morning
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NewsCity snapshot: Coca-Cola Europacific Partners boosts sales with price rises
Coca-Cola Europacific Partners is set to return €1bn to shareholders following ‘a great end to a solid year’. Plus, the CMA has delivered its findings in the infant formula case this morning
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NewsCoca-Cola Europacific Partners to return €1bn to shareholders after ‘solid’ year
Coca-Cola Europacific Partners is launching a €1bn share buyback programme after reporting a rise in revenues and volumes in 2024
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NewsNestlé shares jump on signs of turnaround progress
Shares soared by more than 6.2% today as a result of the green shoots of optimism that the worst may be over
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NewsGunna Drinks collapse leaves wake of angry crowd investors behind
Craft soft drinks brand Gunna has collapsed into administration, with crowd investors staring at losses of almost £4m as a result
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NewsApplied Nutrition revenues ahead of expectation following IPO
Applied Nutrition has comfortably beaten sales guidance given at the time of its IPO as the sports nutrition group published a maiden trading update
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NewsNestlé makes ‘solid’ progress on turnaround journey
Nestlé has hailed a “solid” performance in 2024, with slightly better-than-expected sales growth in the final quarter as the Kit Kat and Nescafé owner hiked the price of coffee and chocolate amid surging commodity costs
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NewsGillian Anderson's G Spot hires new exec team for UK retail growth
Functional drinks brand G Spot has appointed a new executive team to spearhead its retail expansion in UK supermarkets and overseas
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NewsElla Mills picks up Allplants before natural plant-based push
The Deliciously Ella founder has bought the Allplants brand out of administration to combine with her Plants business and act as a springboard to create a ‘natural, plant-based powerhouse’
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NewsShoppers opt for own label on worries of further price rises
Shoppers are trading down into private label to save money ahead of further anticipated price hikes in the supermarkets, according to the latest industry data out this morning
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NewsGusbourne calls off sale talks as it considers stock market delisting
English winemaker Gusbourne has called off a search for a buyer and will instead weigh up abandoning its listing on the London Stock Exchange’s junior market
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NewsCity snapshot: Retailers raided by Rachel Reeves ‘like a piggy bank’ says Stuart Machin
The boss of Marks & Spencer has accused the government of raiding retailers ‘like a piggy bank’ as the sector is hit with tax rises, wage increases and recycling levies
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NewsCity snapshot: January sales helps footfall recovery
Shopper footfall shot up in January following a dreary festive period as consumers went on the hunt for bargains
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NewsOmni wins backing on Dragons’ Den for plant-based dogfood brand
Founders Guy Sandelowsky and Shiv Sivakumar agreed to a joint investment from Deborah Meaden and Steven Bartlett in return for a 2.5% equity stake, valuing the business at £3m
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NewsLittle’s coffee lands four investment offers on Dragons’ Den
MD Will Little settled on backing from Steven Bartlett, who took 5% of the business for his investment