All articles by Ed Devlin – Page 44
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NewsCity snapshot: B&M boosted by price-conscious shoppers
Revenues at B&M have jumped 6.6% to £5bn as cost-conscious shoppers turned to discounters to help manage the cost-of-living crisis. Plus, the latest NIQ supermarket till roll data, and trading updates from WH Smith and Bakkavor.
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NewsMeatless Farm hires Kroll to save its plant-based skin
The Leeds-headquartered business has hired advisors at the restructuring and insolvency specialist to run an early options process in a bid to save the brand
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NewsMedia Bites 30 May: Asda/EG, food price cap, inflation, Waitrose
Coverage of the merger of Asda and EG Group continued over the bank holiday weekend, alongside news of a proposal for a voluntary price cap for staple food items in supermarkets.
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NewsJude’s ice cream exploring finance options for growth
Independent corporate finance firm Spayne Lindsay has been charged with looking at options including sale and investment
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NewsMedia Bites 26 May: Asda/EG Group, John Allan, Tate & Lyle, Fever-Tree
Reports of an impending merger of Asda and EG Group make headlines this morning, and John Allan gives an exclusive interview defending himself.
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NewsHeura smashes through crowdfunding target
The Spanish firm comfortably beat its latest €1m target on the Crowdcube platform, with €2.6m secure in the campaign’s first 48 hours.
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NewsMedia Bites 25 May: M&S, inflation, C&C Group
The long-awaited turnaround at M&S generates headlines across all the papers this morning, along with news of stubbornly high food prices.
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NewsIngredients supplier Kiril Mischeff acquires Good Food Wines
Kiril Mischeff said the acquisition would allow it to capitalise on “significant” revenue synergies thanks to the complementary product portfolios of the two businesses
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NewsCity snapshot: M&S food and clothing profits decline
Marks & Spencer has taken a hit on margins as it invested in keeping its food and clothing prices competitive. Plus, food prices remain near 45-year highs, and C&C Group reports annual results.
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NewsMedia Bites 23 May: Food inflation, junk food, alcohol health warnings
The papers continue to focus on the ongoing issue of soaring food prices, while Ireland to label alcoholic drinks with cigarette-style health warnings.
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NewsCity snapshot: Wincanton posts record underlying profits
Wincanton has lifted underlying profits to record levels despite pressure on consumer spending depressing volumes at the logistics group.
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NewsFramptons seeks £5m cash injection after supply chain shocks
Recovery specialists at Resolve have been drafted in to explore options at the business, including finding a potential buyer.
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NewsMontezuma’s searches for buyer as Inverleith heads for the exit
Upmarket chocolate brand Montezuma’s has hired advisors to find a buyer for the business and provide private equity owner Inverleith with an exit, The Grocer has learned.
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NewsMedia Bites 18 May: Eggs, food banks, inflation
It’s a quiet morning for grocery news in the papers but The Guardian carries a feature looking at the price of eggs.
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NewsBetter Nature launches £3m fundraising push
The plant-based startup has kicked off the fundraising to take its tempeh brand into the mainstream and support its first UK supermarket listing
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NewsCity snapshot: Artisanal Spirits Company strengthens board with CFO
The Artisanal Spirits Company has appointed Billy McCarter as chief financial officer, with immediate effect.
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NewsMedia Bites 16 May: Petrol prices, food inflation, John Lewis, BAT
The papers are filled with stories on claims retailers increased fuel prices to unnecessarily high levels.
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NewsSapling Spirits closes seven-figure fundraising
Sapling Spirits has closed a seven-figure fundraising round to push ambitions to make the spirits industry more sustainable
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NewsCity snapshot: British American Tobacco announces new chief executive
British American Tobacco has appointed Tadeu Marroco as successor to CEO Jack Bowles, who has stepped down from the board
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NewsPlanet Organic founder Renée Elliott commits to a food-based future
In an interview with The Grocer, Elliott discussed the new management team’s vision for the business, rebuilding supplier trust and how she pulled off the deal