All articles by Ed Devlin – Page 203
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NewsFreshpak Chilled Foods sold to a new private equity owner
US investment firm Sun Capital Partners has completed the deal after it looked to have been beaten to the punch
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NewsMedia Bites 15 April: Unilever, Poundland, AB InBev, Mars
Unilever warns of fragile growth across emerging and developed markets; Poundland moves to reassures investors as sales slide; AB InBev strikes jobs agreement with South African government to ease through SABMiller takeover; and Mars introduces new labels for its brands.
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NewsCity snapshot: Adelie changes at the top as Freshpak concludes sale
The Grocer has two exclusive stories this morning on Adelie and Freshpak
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NewsPoundland shares struggle as sales slowdown
Poundland shares have been hit today as the fixed-price retailer revealed poor trading in the final quarter of the year with the business struggling to integrate the 250 stores acquired from 99p Stores.
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NewsWH Smith reports high street recovery
WH Smith has announced its best performance on the high street for “many years” as pre-tax profits in the first half to 29 February 2016 jumped 11% to £80m
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NewsPremier Foods shares crash as McCormick walks away
US food group McCormick has walked away from its pursuit of Premier Foods after examining the Mr Kipling and Bisto maker’s books
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NewsTesco returns to profit with rise in quarterly UK sales
Tesco profits rise to £1.1bn and final quarter sales climb as recovery at supermarket gathers pace
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NewsMedia Bites 13 April: Co-op, Tesco, Costa, Reckitt Benckiser
The Co-operative was weighing up the sale of 300 stores to focus on convenience; Tesco sells stake in Lazada to Alibaba; the head of Costa Coffee resigns; and Nurofen’s maker Reckitt Benckiser should be fined $6m says Australian court.
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NewsTower Bakery wins Lidl contract
Independent Scottish bakery Tower Bakery has agreed a distribution deal with Lidl after bagging six-figure bank funding.
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NewsTesco continues non-core sell-off with Lazada sale
The retailer has agreed to sell an 8.6% stake in the e-commerce group to Alibaba for $129m
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NewsMedia Bites 12 April: Tesco, Cranswick, Pets At Home, M&S
Ahead of the annual results tomorrow, the papers report on news that Tesco is looking to offload its lossmaking Dobbies garden centre chain.
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NewsCity snapshot: Tesco sells Lazada stake for $129m
Tesco has continued the sell-off of its non-core operations with the agreement to offload an 8.6% stake in South East Asian e-commerce group Lazada to Chinese retail giant Alibaba
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NewsBrothers buys bottling line at C&C's Shepton Mallet site
The Somerset business is also weighing up options for purchasing more of the production mill being closed by C&C
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NewsDavid Wood resurgent after factories revamp
The own-label bakery has grown rapidly from a standing start in 2008, breaking into the latest Grocer Fast 50 at number 2
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Analysis & FeaturesHow 2 Sisters/Dunbia will reshape red meat supply
What would the merger mean for both parties and the red meat market as a whole?
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NewsMedia Bites 8 April: The Co-op, M&S, Sainsbury's
There is tonnes of coverage for the Co-op’s annual results and new M&S CEO Steve Rowe’s first quarterly update to the City, with news of Sainsbury’s dumping brand match also getting a look in.
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NewsCity snapshot: ABF buys remaining Illovo stake for £262m
The agreed offer price per share for the 48.65% stake is rand 25 representing a total consideration of rand 5.6bn
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NewsInnis & Gunn buys fellow brewer to accelerate expansion
Scottish brewer Innis & Gunn has bolstered growth with the acquisition of The Inveralmond Brewery, shelving plans to build a brewery as a result.
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NewsReal Handful to hit the trail to support brand
Trail mix snack maker Real Handful has secured £80,000 in equity funding through a business angels network to support its growth plans.
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NewsMedia Bites 6 April: Sainsbury's, Kantar, Reckitt, BrewDog
The news of hundreds of potential job cuts at Sainsbury’s gets plenty of coverage this morning