All articles by Elena Cherubini – Page 5
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NewsHonestly Good Smoothie Co smashes crowdfunding target within days
Honestly Good said it aimed to “take the business to the next level”
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NewsFrank Roberts & Son sees profits soar to £3.2m
Frank Roberts & Son has seen profits more than double in the past year despite operating in the challenging wrapped bread market
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NewsFarmdrop needs ‘significant’ funding to sustain expansion
‘Material uncertainty’ concerns the future of the online supermarket Farmdrop’s auditor warns
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NewsMedia Bites 29 May: Big food brands, Robot deliveries, Amazon
Big food brands such as PepsiCo and Kraft Heinz have started to sell DTC in the pandemic, shoppers in Milton Keynes could benefit from robot deliveries and Amazon set to hire full-time over 125k US employees
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NewsLotus Bakeries extends ownership of Natural Balance Foods to 98%
The deal was completed for an undisclosed amount that represents around 1.7x the current year net sales…
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NewsCity snapshot: Paypoint card transactions surge during coronavirus outbreak
Paypoint has seen card transactions increase around 75% in April and May as shoppers are urged to ditch cash to prevent spreading the coronavirus
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NewsFace mask supplier Mask Bros targets supermarket listings
The company is seeking retail listings as it aims to become the household name for face masks
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NewsMedia Bites 27 May: Adelie, JAB/JDE, High Street
Food-to-go manufacturer Adelie calls in administrators, JAB eyes €16bn valuation for coffee business JDE and high street retailers prepare to reopen in mid June
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NewsUK businesses take £30bn in financial aid since pandemic start
UK companies have claimed £30bn of lifeline cash from shareholders since mid-March, issuing equity and debt in an attempt to survive the pandemic
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NewsChef seeks crowdfunded cash to launch nutritionally complete instant noodle brand
London chef Carl Clarke has launched a kickstarter campaign to fund the creation of Future Noodles, a nutritionally complete instant noodle brand.
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NewsGreencore to reopen Atherstone food-to-go manufacturing site
CEO Patrick Coveney told The Grocer the convenience food manufacturer was preparing for a “volume comeback” in its food-to-go business
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NewsCity snapshot: Retail sales drop again to record low
UK retail sales have yet again broken another record in April, dropping almost 20% in value throughout the month.
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NewsCoronavirus: Healthy snacking brands report record bulk sales levels
Bulk sales have partly offset the loss of all foodservice business and the marked reduction experienced in impulse snacking sales
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NewsMedia Bites 21 May: M&S, ATM tax ruling, Ecommerce
Marks & Spencer profits dropped to hit a three-decade low at £403m and while the retailer vowed “never the same again” many wonder if it will be able to weather the storm
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NewsMedia Bites 20 May: M&S, Facebook Shops, Greencore, Asda
Facebook launches Shops function and Greencore sales drop as customers eat more at home
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NewsCider brand Cranes launches crowdfunding campaign to boost marketing
The 2012-established cider brand has already exceeded its target, raising over £120k from 323 investors
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NewsCity snapshot: Greencore food-to-go volumes drop 70% as coronavirus pandemic escalates
Weekly demand for Greencore’s food-to-go categories declined by up to 70% as the coronavirus pandemic escalated in the UK
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NewsMedia Bites 19 May: Aldi, Stock Markets, Casual Dining
Aldi has started selling bread and other essentials through Deliveroo, global stock markets surged on hopes for a vaccine and easing of lockdown measures across Europe while casual dining chains Bella Italia, Las Iguanas and Café Rouge risks collapsing
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NewsCoronavirus crunch pushes raft of FTSE retailers to profit warnings
FTSE retailers issued 38 profit warnings in the first three months of the year, exceeding the 32 recorded in the sector for the whole of 2019
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NewsManchester Union Brewery turns to the crowd to fund retail expansion
The company aims to raise a total of £80k to “fast-track its transition from keg to can” and distribute its lager into retailers