All articles by Ed Devlin – Page 189
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NewsBernard Matthews jobs pledge welcomed by Unite
Bernard Matthews will also start processing chickens as well as turkeys to fill spare capacity at its sites.
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NewsMedia Bites 21 September: Bernard Matthews, Kantar/Nielsen, Co-op
The controversial pre-pack sale of Bernard Matthews to 2 Sisters owner Ranjit Singh Boparan makes the papers this morning, along with the latest grocery figures from Kantar and Nielsen.
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NewsProfits warning sends shares spiralling at Majestic Wine
Majestic Wine has issued a profit warning caused by problems at its commercial division and Naked Wines in the US
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NewsBernard Matthews sold in pre-pack administration to Ranjit Boparan
The deal safeguards 2,000 jobs, with all employees and agency staff all transferring across to the new owners, and the group will continue to trade as normal
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NewsPureCircle warns of volatility as US Customs troubles slows growth
Shares in the London-listed business sank 6.1% to 310p as CEO Magomet Malsagov warned there would be more volatility in the future.
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NewsGreencore head of UK grocery steps up as new CFO
Greencore head of UK grocery Eoin Tonge will replace outgoing CFO Alan Williams. Nigel Blakey, FD of grocery division, will takeover from Tonge
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NewsDairy Crest shares fall as rising cream prices to squeeze butter profits
Dairy Crest first-half volumes improve but the processor warned profits will come under pressure this year as rising prices hit butter margins.
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NewsReal Good Food targets US growth in turnaround bid
Real Good Food is targeting the US, Canada and the wider Americas in a bid to turnaround ailing sales at the bakery and cake decoration group
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NewsFinsbury Food Group sales continues to soar
Finsbury Food Group sales jumped another 24.8% to £319.7m in the 53 weeks to 2 July thanks to the Fletchers and Johnstone’s deals.
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NewsMedia Bites 19 September: Diageo, McDonald's, Butcher's Pet Care
Guinnes owner Diageo is sharpening the axe for its London HQ; McDonald’s faces a potential order from the EU to pay $500m in back taxes; and Butcher’s Pet Care invests £17m to expand its factory on the back of booming trade.
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NewsFruit Bowl sales fall on tough trading environment
Sales tumbled 11% at snacking brand Fruit Bowl in 2015 as volumes declined in the challenging grocery market.
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NewsMedia Bites 16 September: Morrisons, Waitrose, Booker
There is plenty of coverage in this morning’s papers on the recovery at Morrisons.
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NewsCity snapshot: Quorn sales overcome "sluggish" UK market
Quorn grows sales in the face of tough UK market, but sales growth slows year-on-year. Plus, new CFO at Moy Park and Morrisons shares soar on better than expected results.
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NewsCrawshaw shares crash as price wars hit meat category
A slowdown in trading at Crawshaw and aggressive price cuts by the supermarkets has seen shares in the value butchery chain sink 43% today.
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NewsBrothers sales slow in 2015 but output grows
Joint MD Matthew Showering expects revenues to surge in 2017 when the new high-speed bottling line, which doubles capcity to 400 million bottles a year, becomes operational.
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NewsNim's Fruit Crisps eyes new markets
Snacking brand Nim’s Fruit Crisps is targeting new export markets and expanding its range after securing £150,000 bank funding.
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NewsCompass to 'revolutionise' foodservice buying with Foodbuy venture
The new venture follows the acquisition by Compass Group UK & Ireland of Acquire Services in 2015
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NewsBayer and Monsanto agree £50bn merger
Bayer has agreed terms with Monsanto for a $66bn (£50bn) takeover to create the world’s biggest seeds and pesticides group
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NewsApplegreen founders seek £23m payday with share sale
Applegreen’s CEO Bob Etchingham and chief operating officer Joe Barrett are looking for a near £23m windfall from a share sale in the listed petrol forecourt operator.
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NewsMedia Bites 14 September: Ocado, Hilton Food, inflation
Ocado’s pain gets plenty of exposure in this morning’s papers after the online grocer’s share price plunged 14% yesterday.