All articles by Ed Devlin – Page 4
-
NewsSainsbury’s shares rally despite slowing growth
Shares in Sainsbury’s rallied this week despite sales growth slowing in its first quarter amid a tough consumer backdrop
-
NewsHain Celestial closes in on sale of UK’s Hain Daniels as trio of bidders circle
The sale of the struggling US group’s international business includes UK-based Hain Daniels and household brands such as Ella’s Kitchen, New Covent Garden Soup and Sun-Pat
-
NewsSupermarket Income REIT completes £445m refinancing
The new facilities will refinance all of the investment firm’s unsecured loan facilities due to mature over the next two years
-
NewsSupreme boasts of record-breaking performance
The group said the deals combined with growth at its vaping division to produce record results for the year to 31 March 2026
-
NewsGreggs CFO retires after 28 years with the chain
Ben Waldron will join Greggs on 27 October as CFO designate
-
NewsDogfood player Years secures growth investment to accelerate retail rollout
Consumer investment firms Verlinvest and Five Seasons Ventures took a significant minority stake in the rapidly growing brand to support a retail and international expansion plan
-
NewsAssociated British Foods hit with downgrade to sugar losses
The group downgraded its outlook for the division and said it now expected an adjusted operating loss in the range of £25m to £60m
-
NewsWildfarmed launches Food & Nature Resilience Fund
It partnered with Lloyds Banking Group, which is the UK’s largest agricultural lender, to launch the ‘Food & Nature Resilience Fund’
-
NewsWynnstay hails profits progress of turnaround plan
A transformation plan at Wynnstay has continued to reap rewards as profits rose in the first half at the agriculture supplies group
-
NewsMcCormick pressing ahead with Unilever Foods integration plan
The deal – forecast to close sometime in mid-2027 – brings together McCormick brands such as Cholula and Frank’s with Unilever’s Hellmann’s and Knorr
-
NewsDaabon expands deforestation-compliant palm oil supply with Agropalma acquisition
The move makes the Colombian group the largest palm oil supplier in the Americas and ensures enhanced availability of fully traceable and certified palm oil that is compliant with EU deforestation regulation
-
NewsFresho strikes second UK acquisition for wholesaler software specialist Freshmetrics
Freshmetrics uses its advanced ERP, stock control, logistics and order management platform to help food distribution businesses manage inventory, reduce waste, handle route planning and streamline operations
-
NewsGutology appoints ex GrowUp and Ella’s Kitchen boss as CEO
Ollie Gallant founded the brand in 2024 to capitalise on the growing consumer awareness of the importance of a healthy gut microbiome
-
NewsHeineken appoints JDE Peet’s boss as chief executive
The new hire is currently the boss of coffee giant JDE Peet’s and was set to lead the Global Coffee Co spin-off stemming from the group’s acquisition by Keurig Dr Pepper
-
NewsMyota raises $4.5m to supply clinically backed fibre blends to F&B industry
The Series A round, led by VC firm PeakBridge, will be used to fund a dedicated B2B sales operation in the US and Europe, support the rapidly scaling DTC business and extend the company’s clinical research
-
NewsOmni secures £11m investment to back ‘Ozempic for dogs’ launch
Pet nutrition specialist Omni has raised £11m as the business aims to disrupt the category with products targeted at tackling obesity and food allergies in dogs
-
NewsOcado weighs up potential replacement for CEO Tim Steiner
Ocado is lining up a potential replacement for its chief executive Tim Steiner, who is also the co-founder of the technology and online grocery group
-
NewsHeatwave drives surprise boost to retailers
Retail sales have climbed by more than expected as bank holidays and a heatwave provided the high street with a temporary bump
-
NewsYoung adult and well-off household consumer confidence sinks
GfK’s long-running index held firm at –23 in June as worries about the impact of the conflict in the Middle East on household bills and petrol and food prices continued to weigh on consumer sentiment
-
NewsBread & Jam Festival celebrates 10 years with new investment competition
Bread Winner is a seven-round pitching competition to ‘find the ultimate fmcg challenger brand with the most potential’