All articles by Ed Devlin – Page 63
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NewsDash Water closes £9m round to shake up soft drinks market
Co-founder Alex Wright called the £8.7m series A round “big moment” for the business.
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Analysis & FeaturesHow is Valeo Foods performing for Bain after £1.5bn buyout?
Acquisitions are now more complex and the debt mountain is €1.6bn
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NewsPlant-based brands lead the way as crowdfunders defy inflation pressure
The latest annual report by Seedrs revealed a 24% uptick in successful campaigns in the category to 97 in 2022, with businesses raising £105.1m in total, a year-on-year increase of 14%.
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NewsMedia Bites 19 January: Inflation, WH Smith, Just Eat, Aldi
News of slowing inflation dominates the business pages today, but the papers also find room for robust results from WH Smith and Just Eat
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NewsDr Vegan raises six-figure funding to fuel growth
The £566k raise from private investors follows the business hitting sales of £2m in 2022, its second year of trading.
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NewsCity snapshot: Inflation slows again but food prices keep shooting higher
Food and drink prices continued to climb higher in December, but the UK headline rate of inflation slowed for the second month in a row. Plus, trading updates from WH Smith, Just Eat Takeaway and Eagle Eye
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NewsMedia Bites 17 January: M&S, Fortnum & Mason
The papers all pick up on plans by Marks & Spencer to open 20 large stores and create 3,400 jobs in a bid to rejuvenate its presence on the high street after bumper Christmas trading
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NewsCity snapshot: MP Evans boosted by high palm oil prices and increased production
Sustainable Indonesian palm oil producer MP Evans is expecting “an excellent result” thanks to continuing high commodity prices combined with growing production and crop numbers.
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NewsAcquisitions boost Kettle Foods to £100m in sales for first time
Snack maker Kettle Foods has pushed sales above the £100m mark for the first time thanks to bolt-on acquisitions and increased own-label demand.
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NewsMedia Bites 13 January: Tesco, M&S, Hilton Foods
The papers are filled with all the Christmas trading updates from ‘Super Thursday’, particularly focusing on Tesco and M&S.
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NewsMedia Bites 12 January: Sainsbury’s, Deliveroo, Warpaint London
There is little grocery news in the papers this morning aside from the Christmas trading update at Sainsbury’s.
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NewsValeo Foods brings in former Birds Eye boss Hudson to lead snacks division
Hudson has taken a temporary role at Valeo Foods to lead the group’s UK snacks business, responsible for the likes of Kettle, Manomasa and Fox’s
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NewsCrussh food-to-go operator rescued in pre-pack adminstration deal
Food-to-go and juice bar group Crussh has been rescued after collapsing into administration, saving more than 160 jobs
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NewsCity snapshot: Record Christmas for Sainsbury’s as inflation lifts sales
Sainsbury’s has upped its profits expectations for the year after reporting a record Christmas. Plus, Nichols reports full-year trading update and reveals new chairman appointment.
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NewsMedia Bites 10 January: Lidl, Aldi, Waitrose, Sainsbury’s, BrewDog, McDonald’s
A packed morning of news in the papers, with the Christmas trading update from Lidl making headlines
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Analysis & FeaturesHow Unilever provided safe haven amid 2022’s stock market storm
Unilever seems a ‘safe haven’, but the turmoil of 2022 was tough for many of the listed players. So who fared best… and worst?
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NewsCity News: B&M, Greggs and Next provide investors with some Christmas cheer
Bargain hunters looking to stretch budgets helped B&M and Greggs, while Next raised profit forecasts following better-than-expected festive trading.
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NewsCity snapshot: Lidl attracts 1.3 million new customers over Christmas
Lidl has this morning reported that it attracted more than an additional 1.3 million customers in the run up to Christmas as sales increased 24.5%.
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NewsNorthern Bloc acquires two heritage ice cream makers as it ramps up capacity at new Leeds HQ
The acquisitions of Criterion Ices and Marine Ices will boost revenues by an additional £2m
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NewsMedia Bites 5 January: Kantar, Sainsbury’s, Wilko, Amazon
There’s plenty of retail news in this morning’s papers to chew over following the latest Kantar Christmas spending data, Sainsbury’s raising shop-floor pay and Wilko securing fresh funding.