All articles by Ed Devlin – Page 59
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NewsSamworth poised to axe plant-based Revolution Kitchen business
Samworth Brothers is exploring the closure of its lossmaking plant-based Revolution Kitchen business, putting hundreds of jobs at risk
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NewsCity snapshot: Wincanton volumes hit in challenging market
Revenues have declined at logistics provider Wincanton as its grocery, consumer and general merchandise divisions recorded lower volumes amid the ongoing economic headwinds.
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NewsRTD cocktail brand Whitebox ready for UK and export growth thanks to crowd backing
RTD cocktail startup Whitebox has beaten a £450k crowdfunding target as it aims to ramp up NPD and grow distribution in the UK and overseas
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NewsJude’s forecasts more rapid growth as sales jump 38%
The sustainable ice cream brand significantly expanded distribution and boosted its offering with wide-ranging NPD, including a move into plant-based products
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NewsMedia Bites 11 July: Waitrose, Amazon, Ocado
Waitrose customers will have the option to order their produce from Uber Eats after the supermarket signed a multi-year deal with the online delivery company.
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NewsPooch & Mutt snapped up by production partner Vafo
Petfood brand Pooch & Mutt has been taken over by long-term production partner and backer Vafo in ‘a multimillion-pound deal’
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NewsOatly ready for next phase of growth as it appoints new CFO
Oatly has appointed Marie-Jose David as chief financial officer, marking a complete change in the leadership team of the plant-based group
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NewsCity snapshot: Wilko in talks to secure turnaround investment
Struggling discounter Wilko is seeking fresh capital from turnaround investors as it continues to work on a restructuring agreement.
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NewsTesco confirms appointment of Tate & Lyle chairman to replace John Allan
Tesco has appointed Gerry Murphy as its new chairman to replace scandal-hit John Allan
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NewsTonic Health launches with Walmart supported by six-figure crowd investment
The gummies are made without any sweeteners or artificial ingredients, and use beetroot fibre instead of sugar as a primary ingredient
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NewsMedia Bites 6 July: Asda, Waitrose, Diageo
Asda has been summoned to appear before MPs again after “discrepancies” emerged over its fuel pricing strategy and “unclear” fire-and-rehire policy.
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NewsMeatless Farm administration report lifts lid on collapse
Meatless Farm owed creditors more than £2m when it collapsed last month, according to a report, which also revealed how much vegan rival VFC paid to rescue brand
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NewsCity snapshot: Supreme upgrades profit forecasts as it strikes ElfBar distribution deal
Vape manufacturer Supreme has significantly upgraded its profit expectations for its 2023/24 financial year. Plus, Science in Sport chairman John Clarke is stepping down after nine years
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NewsMedia Bites 4 July: Fuel prices, Unilever, plant-based, low & no
The CMA’s report on supermarket price practices at the forecourts makes headlines in this morning’s papers.
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NewsHeather Mills picks up Plant & Bean meat alternatives factory from administration
Mills – the founder of plant-based group VBites – purchased the Lincolnshire factory and associated equipment from administrators at Interpath for an undisclosed sum
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NewsCity snapshot: Tesco confirms appointment of Tate & Lyle chairman to replace John Allan
Tesco has appointed Gerry Murphy as its new chairman to replace scandal-hit John Allan. Plus, shares in Science in Sport have been suspended, and Eagle Eye to enhance Morrisons loyalty offering following contract win.
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NewsYum Bug to take insects mainstream with BrewDog backing
The business secured £200k from James Watt and topped up with another £101k from more than 320 investors on Crowdcube, with the round valuing the startup at £5m
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NewsMedia Bites 29 June: Greedflation, Ocado/Amazon, Nestlé
A quiet morning in the papers that covers Chancellor Jeremy Hunt scrutinising profits in the food industry supply chain and Ocado Amazon rumours fading away.
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NewsFoodhak acquires The Pure Package and Balance Box from liquidation to expand offering
Ayurvedic ready meal business Foodhak has acquired healthy meal delivery business The Pure Package and sister company Balance Box out of liquidation
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NewsProject D closes crowd round to back rollout of doughnut stores
Premium doughnut maker Project D has raised close to £500k from the crowd to aid a retail store rollout