All articles by Elena Cherubini – Page 15
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NewsMedia Bites 16 Jan: Greggs/Just Eat, Tesco, Asda
Greggs picks Just Eat for UK-wide delivery service, Tesco’s Thai asset sale under threat from regulatory bodies and Asda prepared to roll-out a “sustainable” store.
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NewsLakes Distillery to fast-track growth plans after latest multimillion-pound backing
The Cumbria-based distiller issued £4.3m of new equity to investment firm Comhar Capital to support ‘ambitious’ stock build growth and capital expenditure
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NewsSimplyCook secures ‘top up’ £2m investment to drive growth
The fast-growing recipe kit supplier has raised £9m in funding since launching in 2014
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NewsHolland & Barrett Christmas sales surge amid ongoing transformation programme
Sales rose 4.8% over the Christmas period, while online transactions were up 22% as the retailer’s digital transformation programme continues
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NewsGlobal food and drink M&A activity ‘broke records’ in 2019
The number of global food and drink transactions in 2019 totalled 789 deals, up by 12 on the year before
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NewsBay’s Kitchen secures six-figure investment to fund IBS-friendly range
The startup, producing stir-in sauces aimed at people suffering from irritable bowel syndrome (IBS), will use the funds to launch new products into its range
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NewsValeo Foods sales set to break the billion mark following acquisition spree
The company claimed it had hit the €1bn sales mark following the acquisition of Kettle and Matthew Walker
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NewsLidl scores highest Christmas sales surge with double digit growth
Overall sales for the four weeks to 29 December rose 11% year-on-year, higher than any other supermarket over the festive period - including main rival Aldi
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NewsCity snapshot: Lidl outpaces rivals with festive sales up 11%
Lidl saw sales rise by a whopping 11% in the run up to Christmas, outpacing all other grocers - including Aldi
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NewsMedia Bites 9 Jan: Tesco, John Lewis, M&S
Tesco emerges as Christmas winner among retailers, John Lewis mulls axing its bonus after over 50 years as “golden girl” boss leaves and M&S Clothing Unit continues to struggle
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NewsVegan brand LoveRaw secures multimillion investment from Beyond Meat backers
The vegan buttercup maker has received a ‘seven-figure’ investment from Blue Horizon Ventures
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NewsMedia Bites 9 Jan: Sainsbury’s, Greggs, Boots
Argos lets down Sainsbury’s “upbeat” performance in grocery, Greggs shares bonus with staff after “exceptional” year while UK retailers suffer ”worst year on record” with sales sliding 0.1%
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NewsUK retail sales suffer ‘worst year on record’ in 2019
2019 marked the first year to show overall decline in retail sales
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NewsReal Handful smashes crowdfunding target to launch savoury trail mix range
The healthy snacking startup took to Crowdcube this week
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NewsVegan brand This secures multimillion cash boost to keep up with “fake meat” demand
The meat alternative startup raised millions from strategic venture capital investors
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NewsCotswolds Distillery nets over £1m in latest funding push
Since its launch in 2014, the gin and whisky maker has raised over £12m
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NewsEuro Food Brands hails ‘strong’ outlook despite Illy’s foodservice demerger
The specialist distributor said it was able to replace lost revenue with new growth from existing and new customers
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NewsPasta straws maker Stroodles raises £180k to disrupt straw market
The brand producing a pasta alternative to plastic straws will use the funds to expand its sales team, fund marketing and NPD
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Comment and OpinionCosta will need more than Bol soups and salads to improve its fortunes
The chain pledged to improve its food proposition back in 2018
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NewsGeneral election: analysts react as supermarkets and UK consumer stocks are bolstered by decisive result
Analysts and City commentators on the implications of Boris Johnson’s landslide victory and what the result means for consumer stocks, the pound and UK plc