All articles by Elena Cherubini – Page 17
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NewsPrima Cheese profits rise on reduced wastage
Gross margins rose 24% due to ‘reduced wastage and increased margin per box’
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NewsMedia Bites 3 Dec: Ocado, Christmas Dinner, Just Eat, Tariffs
Ocado’s latest bond issue sparked a share sell-off as analysts and investors were split over whether the company would have been better off relying on cash from shareholders
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NewsCity snapshot: UK retail sales pick up in November amid Brexit respite
On a total basis, adjusted for the later timing of Black Friday, sales rose 0.9% in the four weeks to 23 November
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NewsSalcombe Distilling Co smashes fundraising target to fund US launch
The gin brand is planning to launch in the north east of the US early next year
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NewsValue of global food M&A activity spikes in third quarter
In the third quarter the total value of food industry M&A deals rose 95% over the previous three-month period
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NewsStateside Foods reports third consecutive profit drop
Annual profits at own-label chilled pizza supplier Stateside Foods have dropped for the third consecutive year as it failed to fend off a “challenging” trading environment
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NewsCity snapshot: Ocado to open mini CFC in Bristol
Ocado announced it will open a mini-CFC in Bristol to support growth of its M&S JV Ocado Retail. Plus, half year results from Remy Cointreau and PayPoint and all the rest of the latest news from the City.
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NewsMedia Bites 28 Nov: Iceland, Bags for life; BAT
Iceland Foods faces a change in ownership as South African conglomerate Brait revealed plans to sell its stake in the retailer.
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NewsGriddle to launch first crowdfunding round in scale-up push
The pancake startup will launch on Seedrs next week seeking £120k in exchange for an 11% stake
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NewsPG Tips and Lipton set for herbal tea expansion as Unilever denies sale
Unilever denied it was “exploring a sale” of its tea business, contrary to media reports
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Comment & OpinionWhy would Unilever sell PG Tips and Lipton? And who would buy the brands?
Unilever insists it’s not selling, but has called British tea drinkers a ’dying breed’
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NewsThomas Tucker saved from administration in sale to former director Paul Gregg
The popcorn supplier collapsed at the end of September after a food safety recall and the loss of a key contract led to a significant cash shortfall
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NewsUK shop prices fall for the sixth consecutive month
UK shop prices declined for the sixth consecutive month in November, amid a fall in dairy prices and easing fresh foods inflation
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NewsCake Box revenues soar 6% on new openings and higher demand
Cake Box Holding, the specialist retailer of fresh cream cakes, saw revenues rise 6% in the first six months of the year on the back of new store openings and increased demand
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NewsMedia Bites 25 Nov: Unilever, M&S, chickens, Poultry
Unilever has said it is mulling a sale of its traditional tea business amid falling sales and changing consumer tastes.
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NewsGrocemania launches further funding push to fuel expansion beyond London
The company has pledged £50k secured by a private investor into the campaign
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NewsInnis & Gunn in crowdfunding push to build new large-scale brewery
The Scottish craft brewer is seeking £3m to build its first large-scale brewery in Edinburgh
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NewsCity Snapshot: Science in Sport raises annual sales forecast as PhD growth doubles
Premium performance nutrition company Science in Sport has hailed 2019 as a year of “rapid progress”, as it expects revenue growth to be “slightly ahead” of market expectations
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NewsMedia Bites 22 Nov: Naked Wines, Ocado, Cigarette imports
Naked Wines founder and CEO Rowan Gormley shocked investors by announcing he will leave the business early next year, Ocado becomes technology business first and cigarettes imports drop.
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NewsBrewDog to repay investors in cash and beer in latest bond issue
BrewDog has returned to the crowd to raise up to £15m via bond issue, with interest to be paid in cash and beer