All articles by Ed Devlin – Page 68
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NewsWholey Moly closes its doors in the face of mounting pressure
Cookie start-up Wholey Moly has ceased trading after being overwhelmed by a barrage of challenges this year.
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NewsCrumbs Brewing brings in crowd cash to fight food waste
Sustainable beer maker Crumbs Brewing has hit a £150k crowdfunding target to back its growth plans and fight food waste with new product launches.
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NewsCity snapshot: Naked Wines turnaround takes shape despite fall into the red
Naked Wines has slipped to a loss in the first half but pointed to an improvement in underlying profitability as it embarks on a new strategy to turn the group’s performance around.
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NewsDuppy Share Rum raises £2m to push UK growth
The business is forecasting 10% growth in the UK in the 2023 financial year and is aiming to gain a total of eight SKU listings across all the major mults by 2025.
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NewsMedia Bites 6 December: AG Barr/Boost, Sainsbury’s, supply crisis, retail sales
The papers pick up the latest deal at AG Barr for energy drink brand boost, along with news of further price cutting at Sainsbury’s.
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Comment & OpinionWhy AG Barr’s move for Boost Drinks looks like another smart move
The deal strengthens a portfolio that already includes Irn-Bru, Rubicon, Strathmore water and Funkin Cocktails
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NewsHere We Flo secures almost £2m funding to expand eco female personal care brand
Founded in 2017 by friends Tara Chandra and Susan Allen, the brand sells period care and bladder care products made from bamboo and organic cotton, as well as condoms using natural rubber latex.
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NewsTroy Foods rescued by Fylde Fresh & Fabulous in pre-pack deal
Potato grower Fylde Fresh & Fabulous Group has rescued veg processor Troy Foods from administration.
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NewsCity snapshot: Irn-Bru owner AG Barr acquires energy drinks brand Boost
The group said the deal would boost profits and demonstrated its ongoing strategy to develop in high-growth and functional categories.
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NewsFullers Foods undergoes buyout with current MD Smith as new CEO
Frozen specialist Fullers Foods International has undergone a management buyout, with the fourth generation of the family business selling for an undisclosed sum
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News2 Sisters agrees sale of Holland’s Pies and bakery division
2 Sisters Food Group is close to offloading its bakery division after striking a conditional agreement with an Irish boutique investment firm
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NewsMedia Bites 1 December: inflation, Brexit, Huel
The papers all pick up the latest inflation data from the BRC’s shop price index.
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NewsCity snapshot: Food inflation races to new record high as price of eggs soar
Food inflation has hit new record highs as egg, dairy and meat prices all soar, leading to increasing pressure on households in the run up to Christmas.
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NewsMedia Bites 29 November: EG Group, high street, eggs
The petrol forecourts business owned by the billionaire Issa brothers has been accused of profiteering after gross fuel profits rose by 20% to $1.7bn.
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NewsCity snapshot: DX Group invests £3.6m in depot network
Logistics group DX is investing £3.6m into upgrading its existing depot network as part of its “ambitious” growth plans.
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NewsHancocks Cash & Carry owner eyes private equity sale
The owner of speciality wholesaler Hancocks Cash & Carry is gearing up for a potential sale as investment banking partners prepare to send out documents to prospective investors
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NewsMedia Bites 24 November: Pets at Home, Britvic, cost-of-living crisis
Half-year results for Pets at Home and annual figures from Britvic are picked up by this morning’s papers.
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NewsHolland & Barrett apologises over late payments as owner concludes £700m debt deal
Holland & Barrett has vowed to improve supplier relations amid growing protests from small suppliers over late payments extending past 120 days, with new government data showing the business paid almost 60% of invoices outside its agreed terms
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NewsBakkavor shares sink as volumes come under pressure
Shares in Bakkavor have plunged as the prepared foods group warned annual profits would be at the lower end of forecasts as volumes took a hit from the squeeze on consumer spending power.
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NewsCity snapshot: Britvic sales and profits fizz during hot summer
Revenues and profits at Britvic have fizzed higher as the group’s range of soft drinks proved popular over a hot summer and the out-of-home market recovered from the pandemic. Plus, Bakkavor warns of volume hit in Q3 and Pets at Home reports interims.