All articles by Ed Devlin – Page 233
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NewsSalisbury Poultry to invest £10m at former First Milk site in Wales
A £10m investment in a poultry processing plant in Wales has been given the green light, paving the way for the creation of 150 jobs in Wrexham.
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NewsRifkind to leave Unilever board following ‘cash-for-access’ scandal
Sir Malcolm Rifkind is to part ways with consumer goods giant Unilever following the MP’s departure from Parliament in a cash-for-access scandal.
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NewsMcColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”
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NewsCity snapshot: McColl's puts in 'best-ever' year but challenges remain
Top story C-store chain McColl’s Retail Group (MCLS) has announced its “best-ever” set of results in its maiden full-year as a listed company. Revenues exceeded £900m for the first time, growing 6.1% from £869.4m in 2013 to £922.4m in the 53 weeks to 30 November – when ...
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NewsMedia Bites 3 March: Morrisons, M&S, coffee
Morrisons new management team looks set to take an axe to the dividend in a bid to free up money to invest in the retailer’s turnaround.
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NewsBritish American Tobacco sparks up auditor search
British American Tobacco is looking for a new auditor after ending its agreement with Big Four firm PwC.
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NewsTesco gamble cost Warren Buffett $444m
Veteran investor Warren Buffett has admitted his “leisurely pace” when it came to selling off shares in Tesco cost his firm Berkshire Hathaway $444m.
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NewsM&S updates Chinese expansion plans
Marks & Spencer updates with Asian growth plans as it reaffirms commitment to entering Beijing
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Analysis & FeaturesThe Grocer Says: What's going on at Thorntons?
It has been a strange week for the share price of Thorntons as it plunged more than 20% since Monday, but just what is behind the drop?
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NewsFyffes to pursue deals in 2015 after earnings hike
Fyffes has grown earnings by 28.1% to €40.1m in 2014 as its sales nudged upward by 0.8% to €1.09bn.
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NewsBDO predicts renewed investor interest in food and drink IPOs
Investors could be set to flock to the food and beverage sector in 2015…
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NewsCold brew coffee makers drink to crowdfunding success
Two UK drinks companies are looking to take advantage of the rapidly growing trend for cold brew coffee after raising more than £260,000 on a crowdfunding website.
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NewsFlavourly trusts in the crowd after turning down the dragons
Flavourly, a gourmet food and drink subscription company which turned down four investment offers from the BBC’s Dragons’ Den, is aiming to raise £300k via crowdfunding.
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NewsMorrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.
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NewsCity Snapshot: Analysts hail the appointment of Morrisons CEO David Potts
Morrisons appoints David Potts as its next CEO, sending shares upward; Glanbia reports strong year-end figures; and Supergroup CFO leaves after being declared personally bankrupt. Plus all the latest share price moves.
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NewsMedia Bites 25 February: FTSE 100, NFU conference, organic food
The FTSE ended up 37.5 points at 6,949.6, above its previous record of 6,930, and also set a new intra-day high of 6,958.9, surpassing the previous figure of 6,950.6
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NewsKerry Group share price falls as sales decline
Shares in Irish food giant Kerry Food are down more than 2% so far today to €63.05 after it posted a 1.4% decline in revenues in 2014.
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NewsKerry Group posts solid results as it meets market expectations
Underlying revenues climb 2.4% too €5.8bn at Kerry Group despite challenging trading environment; and shares spike at butchery chain Crawshaw Group as it upgrades full-year expectations.
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NewsMedia Bites 24 February: Food production crisis, BAT, ABF
Worries about the UK’s self-sufficiency dominate the newspapers this morning
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NewsProduce World restructuring plan puts hundreds of jobs at risk
A proposed joint venture between the vegetable grower Produce World Group and Lincolnshire Field Products has put up to 340 jobs at risk.