All articles by Ed Devlin – Page 98
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NewsCity Snapshot: C-stores boosted by return of pre-Covid shopping habits
A gradual shift to pre-pandemic shopping behaviour has delivered a boost to the UK’s convenience store market, according to the latest monthly data from NielsenIQ. Plus, a fourth quarter trading update from Compass Group, and full-year results from Real Good Food.
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NewsMedia Bites 21 September: CO2, Aldi, Philip Morris
The crisis in the food and drink industry caused by the CO2 shortage continues to make headlines in the papers this morning.
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NewsCity Snapshot: Finsbury Food Group shows signs of recovery from Covid
Bakery group Finsbury Food has boosted sales and profits as it adapted to the ongoing coronavirus pandemic and saw lost foodservice business begin to recover. Plus, Supermarket Income REIT has added six more supermarkets to its portfolio, and Ultimate Products has signed a license brand endorsement with Weight Watchers.
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NewsMedia Bites 20 September: CO2, Sainsbury’s, Morrisons, Unilever, M&S
The ongoing CO2 crisis makes the headlines in this weekend’s papers.
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Analysis & FeaturesOC&C Global 50 food and beverage report and ranking: the impact of Covid-19
The world’s 50 biggest fmcg giants have seen growth slow, though they have outpaced smaller players. As restrictions ease, how permanent is the new dynamic?
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NewsDavid Milner becomes St Pierre Groupe CEO
He takes over as CEO from company co-founder Jeremy Gilboy
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NewsWholey Moly secures funding as it readies for mults launch
The business’ range of cookies are set to be stocked by Sainsbury’s and Ocado from this month
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NewsVeg Capital adds Clive’s Purely Plants to plant-based portfolio
The specialist private family fund will buy out existing majority shareholders Sally and Chris Carson
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NewsMedia Bites 2 Sept: Amazon, JD Wetherspoon, WH Smith, Morrisons
Amazon is hoping to defy worker shortages with a renewed commitment to the UK by creating some 2,000 new jobs as part of a 55,000-strong global recruitment spree.
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NewsTesco the 'most attractive' supermarket takeout opportunity for private equity
Tesco would make a better takeover target than Sainsbury’s but a £30bn price tag is likely to put private equity buyers off, according to analysts.
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NewsFood price hikes ‘likely’ in coming months: BRC
Rising costs continue to hammer suppliers and retailers, according to the latest industry data
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NewsCity Snapshot: WH Smith sales rebound as lockdown ends but travel recovery still uncertain
WH Smith has performed better than expected as customer numbers at its travel sites and high street stores slowly recovered with Covid restrictions easing over the summer. Plus, the latest BRC-NielsenIQ shop price index, Pernod Ricard reveals full-year figures, and SSP Group updates on CEO succession search.
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NewsBBF expands bakery reach with acquisition of Sargents
Private equity-backed cake maker Bright Blue Foods has acquired Yorkshire bakery supplier Sargents for an undisclosed sum.
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NewsMedia Bites 31 August: Sainsbury’s, Morrisons, Asda, M&S, Mars
The papers were still filled with the takeover frenzy gripping the supermarket sector over the weekend.
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NewsCity News: Sainsbury’s shares soar as takeover speculation mounts
Takeover fever engulfed Sainsbury’s this week, as corporate raiders looking to the UK for cheap assets eyed up yet another supermarket
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NewsCity Snapshot: EG Group profits surge as Covid restrictions ease
Profits have returned to strong growth at forecourt giant EG Group as customer numbers recovered from the pandemic lows of a year ago.
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NewsBird & Blend flies past crowdfunding target ahead of retail store expansion
Bird & Blend Tea Co has flown past a £300k crowdfunding target in just two days as it looks to expand its retail estate further.
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NewsMedia Bites 26 August: supply shortages, Morrisons, M&S
The papers are dominated by increasing worries about the supply chain shortage in the run-up to Christmas.
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NewsCD&R promises to 'fully safeguard' Morrisons’ pension schemes
Clayton, Dubilier & Rice has reaffirmed its commitment to safeguard the Morrisons’ pension schemes after trustees charged with protecting the funds called for further guarantees ahead of any private equity takeover.
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NewsCity Snapshot: Morrisons pension trustees warn £7bn takeover could “materially weaken” schemes
The trustees of the pension schemes at Morrisons have warned that a private equity takeover could “materially weaken” the security of the funds unless further protections were agreed.