All articles by Ed Devlin – Page 184
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NewsMedia Bites 25 November: Iceland, Lidl, Aldi, Tesco
Iceland vs Iceland hits the headlines this morning as the country takes legal action against the frozen supermarket.
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NewsCity snapshot: Primal Pantry secures cash injection from food industry heavyweights
Paleo snack bar brand The Primal Pantry has won the backing of three food industry heavyweights as it looks to continue high levels of growth experienced since launching in 2014. Plus, Quorn’s latest export push, and a fall in sales at tea brand Typhoo.
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NewsTyphoo tea sales fall as Brexit brews up further trouble for tea brand
Typhoo is the latest casualty in the tea category as falling retail prices, heavy supermarket promotions and flagging demand in the everyday black tea market led to a more than 9% fall in annual sales.
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NewsQuorn gears up for fastest-ever overseas expansion
Quorn is stepping up its ambitious worldwide growth plans with the start of operations in Asia. It has also shaken up the management team with a new CFO and sales director.
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NewsPrimal Pantry bags investment from trio of industry heavyweights
Mark Palmer, Jeff van der Eems and former Cadbury chief strategy director Mark Reckitt have all taken minority stakes in the business.
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NewsMedia Bites 24 November: Autumn Statement, Walmart, Black Friday, Chapel Down
Reaction and coverage of Chancellor Philip Hammond’s first Autumn Statement dominates the paper this morning.
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NewsPayPoint sales decline in first half
Revenues at PayPoint slipped in the first half following the disposal of its online payment businesses but underlying operating profits increased 15.6%
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NewsAutumn Statement 2016: UK economy wobbles as Brexit feeds uncertainty
Chancellor Philip Hammond has warned that growth in the UK economy is set to slow down and borrowing will rise in the wake of uncertainty created by Brexit.
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NewsAutumn Statement 2016: Snap industry reaction
Following this afternoon’s autumn statement announcement by the chancellor Philip Hammond, here is a round-up of comments from industry figures on the likely effect on the UK economy over the next fiscal year
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NewsMedia Bites 23 November: Morrisons, Aldi/Lidl, Brexit, FDF, Compass
Morrisons’ revival of the Safeway brand after 11 years as part of an attempt to get back into the fast-growing convenience market comes under the media glare.
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NewsFinsbury Food takes steps to battle rising input costs
Finsbury Food Group has modified its promotional activity and weighed up reformulating its products to battle the big jump in input costs caused by the decline in sterling.
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NewsFood and drink exports hit record levels in Q3
Food and non-alcoholic drink exports soared 12.1% to £3.4bn in the third quarter, with trade to non-EU markets growing at twice the rate of countries in Europe.
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NewsDiageo workers vote to strike over pension cuts
Diageo is facing mass walkouts across its Scottish bottling operations in the run up to Christmas as staff voted for industrial action over pension cuts.
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NewsSt. Ewe Eggs secures six-figure bank loan
The Cornish egg producer has invested in equipment to tap into the sports nutrition market, supplying its UK customers with pasteurised eggs for the first time.
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NewsEagle Eye growth accelerates in first quarter
Grocery tech group Eagle Eye has accelerated its growth rate in its first quarter as relationships with Asda and Sainsbury’s powered revenues 74% higher year on year.
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NewsWeetabix acquires majority stake in Weetabix East Africa in search of growth
Weetabix has taken a big bite out of its East African partner in a bid to bolster its international growth strategy and boost flagging sales.
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NewsCity News: Majestic shares rise as dividend returns
Majestic Wine insisted this week its turnaround plans remain firmly on track despite plunging to a first-half £4.4m loss
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NewsDunbia pork deal puts focus on red meat arm
The sale of the Dunbia pork division to Cranswick (CWK) has reignited speculation that a deal for the remaining red meat business is moving closer.
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NewsMajestic Wine recovery on track despite plunging into the red
Majestic Wine insisted its turnaround strategy is working despite swinging to a loss in the first half, with the wine retailer at the “tipping point” of transforming growing sales into profits.
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NewsMorrisons widens Amazon partnership with Prime Now store-pick service
Amazon Prime customers can now order a full Morrisons shop via the Prime Now app