All articles by Elena Cherubini – Page 10
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NewsCity snapshot: SSP braces for £135m coronavirus revenue hit
As travel halts across Europe and Asia, SSP Group expects group revenues to fall between £125m and £135m
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NewsMedia Bites 25 March: UK supermarkets, Pharmacies, Retail sector
Supermarkets start introducing measures to protect customers and staff, pharmacies urge shoppers to only buy what needed while the coronavirus outbreak batters an already weakened retail sector
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NewsCoronavirus: DTC meal kit businesses report record demand
DTC recipe kit providers have been forced to turn down new customers as they grapple with ‘unprecedented’ levels of demand
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NewsFood and drink M&A deals on hold as coronavirus outbreak freezes market
Sale processes - including that of MPM Products - have been put on hold as the coronavirus outbreak hits market confidence
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NewsCoronavirus: Food & drink SMEs struggle to access emergency government aid
Startups are worried they could miss out on emergency support from the Treasury due to loopholes and lack of communication
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NewsSkinny Tonic closes £1.8m crowdfunding campaign
The brand has agreed two “major” listings, which have been delayed due to Covid-19
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NewsBlockhead raises over £800k to fund NPD and retail expansion
The startup was able to close the funding round despite investor uncertainty due to the coronavirus outbreak
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NewsCoronavirus: Crowdfunding platform Seedrs insists investor interest will remain strong
Seedrs reassured its community it was operating “business as usual” and will continue to support companies looking to raise investment
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NewsCity snapshot: Ocado Retail reports sales lift amid ‘unprecedented demand’
Ocado Retail has reported double-digit sales increase in the first quarter, which was unaffected by the coronavirus outbreak
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NewsMedia Bites 19 March: Morrisons, Stockpiling, Ocado
As the coronavirus outbreak wrecks havoc on the grocery sector, supermarkets have implemented a number of rules to cur panic-buying and secure stock
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NewsCoronavirus: SMEs face ‘wartime’ grocery market
SMEs and startups have reported rising concern they will be faced with a ‘wartime’ grocery market, putting the survival of their businesses at risk
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NewsCoronavirus: SMEs risk ‘falling between the cracks’ of new government measures
SMEs have urged the government to increase measures to help them survive the coronavirus outbreak
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NewsCoronavirus cashflow squeeze ‘worse threat than Brexit’ for startups and SMEs
Food & drink SMEs have urged the industry to step up support measures as the coronavirus outbreak puts a squeeze on cashflow
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NewsDr Will’s seeks £300k investment to fund condiments NPD
The natural condiments startup is looking for angel investors to back the brand’s growth
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NewsPandemic fuels record sales for delivery startup Grocemania
The company reported sales of over £9,000 on Monday, up from an average of £1,200 during a normal trading day
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NewsFitbakes in fundraising push to accelerate growth
The startup has launched a £200k funding drive after securing listings in the mults
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NewsDifferent Dog raises over £770k in 24 hours amid wider funding plans
The premium petfood brand is now planning a wider Series A round to raise up to £4m by the end of the year
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NewsWelsh Bros Foods collapses into administration
The 1964-established business appointed administrators at Grant Thornton UK LLP in early March
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NewsMedia Bites 13 March: Coronavirus; WHSmith; Poundland
The coronavirus outbreak continued to wreak havoc on global markets with the FTSE plunging to its lowest level and travel retailers such as WHSmith taking most of the hit
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NewsCity snapshot: Food inflation persists as all of big four raise prices
Supermarket inflation moved back to its second-highest level since mid-2018 in February as prices continue to move upwards