All articles by Ed Devlin – Page 196
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NewsHain Celestial to sell fruit juice business to appease CMA
Hain Celestial has offered to sell its UK own-label freshly squeezed fruit juice business to ease competition fears surrounding the acquisition of Orchard House Foods.
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NewsMedia Bites 1 June: Co-op, AB InBev, Home Retail Group
After a quiet start to the short week in the world of grocery retail, there is not a great deal in this morning’s papers, but news that the Co-op is selling off the final remains of its crematorium business in a £43m deal to listed funeral firm Dignity gains coverage.
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NewsTesco stabilises but conditions still tough for big four
All of the big four supermarkets have suffered sales losses in the 12 weeks to 22 May despite managing to retain shopper numbers
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NewsHaughton Honey targets mults with crowdfunding cash
Premium honey brand Haughton Honey has beaten its £80,000 crowdfunding target after attracting a swarm of more than 200 investors.
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NewsKettle Chips profits fall amid 'intense' competition
Kettle Chips has seen profits fall more than 31% in the UK as intense competition and heavy promotions in the snacking sector ate away at margins.
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NewsMedia Bites 20 May: Asda, Walmart, BHS, Britvic, Iceland
Asda and CEO Andy Clarke were in focus today after another quarter of terrible sales figures.
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NewsConviviality profits ahead of expectations after 'transformational' year
Sales in the 53 weeks to 1 May will be 137% up year on year to about £864m
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NewsFever-Tree shares fizz to record high
Shares at Fever-Tree have rocketed by more than 18% to record levels after the premium mixer brand said trading had outperformed expectations in the first four months of 2016.
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NewsAsda Q1 sales slide 5.7%
Asda has posted a 5.7% decline in like-for-like sales in its first quarter as the supermarket continued to struggle against “fierce competition”.
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NewsScrubbys snapped up by ethnic food group from administration
Vegetable crisp brand Scrubbys has been acquired by an ethnic food manufacturer after filing for administration.
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NewsDiageo appoints former Bacardi CEO as chairman
Javier Ferrán will replace outgoing chairman Dr Franz Humer
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NewsSSP Group profits take off but rail affected by Paris terror attacks
Travel concession group SSP (SSPG) has reported a more than 40% hike in first-half profits as air passenger numbers swelled but trading in railway stations in the UK and Europe slowed in the wake of the terrorist attacks in Paris and Brussels.
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NewsMedia Bites 18 May: Premier Foods, Greencore, BHS, Carlsberg
Premier Foods annual results were in the spotlight yesterday as Gavin Darby faced the media for the first time since US suitor McCormick walked away from takeover talks.
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NewsCity snapshot: SABMiller blown off course by currency headwinds
Revenues have fallen 10% to $19.8bn at SABMiller in the face of the strong US dollar
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NewsGreencore focus on food-to-go reaps dividends
Double-digit growth in food-to-go helped Greencore push up revenues 8.1% to £691.6m during the first half and raise its dividend.
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NewsHain Celestial juice deal squeezed by CMA
Hain Celestial acquisition of Orchard House Foods could lead to higher prices for supermarkets and consumers, the competition watchdog warns.
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NewsChapple & Jenkins expands warehouse to meet growing demand
The Bristol-based business has used financing from Barclays to buy an additional 33,000 sq ft of warehouse space
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NewsPinkster Gin breaks into US and Australia
Specialist gin producer Pinkster Gin is exporting its products to the US and Australia after securing a £200,000 bank funding package.
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NewsPieminister expansion heats up with £1.4m funding
Pieminister is heating up its expansion plan after securing a £1.4m bank funding package.
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NewsMedia Bites 16 May: Premier Foods, Asda, Tesco, BHS
Premier Foods was in the spotlight again this weekend ahead of its full-year results on Tuesday; Asda boss Andy Clarke under more pressure ahead of Q1 results; and Tesco boss Dave Lewis says there is more rebuilding to do.