Finance news – Page 107
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NewsCity snapshot: Greggs sales jump in 2024 as it continues to grow store estate
Food-to-go player Greggs has seen another strong uplift in like-for-like sales in the early weeks of 2024 as it continues to grow its store estate
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NewsMedia Bites 14 May: Asda, Boots, Tesco
Asda’s move into house building generates headlines this morning
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NewsNew cash for fresh Arla factory upgrades takes total investment to £300m this year
Britain’s biggest dairy company has unveiled investments in four of its sites including Lockerbie, Stourton, Aylesbury and Westbury
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NewsPremium boxed wine Laylo eyes expansion with seven-figure backing
Founded by former Naked Wines marketing director Laura Riches and COO Laura Rosenberger in 2020, the business secured $1.3m (£1m) in a round led by Anotherway Ventures
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NewsAll Things Butter secures seven-figure seed funding
Disruptive dairy startup All Things Butter has closed a £2.2m seed funding round to support a wider rollout of its products and prepare an overseas launch
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NewsMedia Bites 13 May: Fever-Tree, Morrisons, apprenticeships
Fever-Tree is teaming up with one of the leading makers of French rosé wine as it seeks to grab a slice of the lucrative spritz market from Aperol
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NewsCity snapshot: Premier Foods appoints non-exec to the board
Premier Foods has appointed Malcolm Waugh as an independent non-executive director.
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NewsCity News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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NewsEthosa raises £230k to strengthen brand
Waterless personal care company Ethosa has raised £230k via crowdfunding to drive growth
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NewsCrawshaws successor Sterling Meat Co posts more strong growth
The Manchester-based retailer delivered a 54.3% jump in sales to £22.8m in the year to 31 December
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NewsCity snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
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NewsMedia Bites 10 May: John Lewis, Fruugo, Spinneys/Waitrose
John Lewis has shed 3,800 jobs over the past year, as it races to cut costs across its stores
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NewsHome Dough Pizza launches investment drive amid ad agency partnership
Home Dough Pizza, a ‘restaurant quality’ pizza startup with listings across London, has kicked off a drive for new investment to take the brand national
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NewsMusgrave Northern Ireland invests £14m into new own-label range
Dubbed Good Food Locally Sourced, the range consists of almost 150 products sourced from local suppliers
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NewsCity snapshot: Beyond Meat sees 18% sales plunge on weakening plant-based demand
Vegan foods pioneer Beyond Meat saw an 18% plunge in first quarter revenues as demand in the category continues to weaken
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NewsMedia Bites 9 May: BrewDog/James Watt, AB InBev, JD Wetherspoon
James Watt, the founder and chief executive of BrewDog, is stepping down following a turbulent period in charge of one of the country’s most successful and controversial homegrown brands
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News2 Sisters owner Boparan remains £23m in the red despite price hikes
2 Sisters owner Boparan remained £23.1m in the red last year despite a double-digit rise in sales as soaring cost inflation hit the poultry giant’s bottom line
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NewsMission Ventures appoints Alex Brown as partnerships director
Brown will manage existing relationships and build new partnerships across the food and investment sectors
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NewsShelf-life extending tech company secures funding boost
OSY Group has secured a £750,000 funding boost from investors
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NewsCity snapshot: Pricing drives growth at AB InBev despite US struggles
The world’s largest brewer AB InBev grew first quarter revenues despite a dip in volumes and ongoing struggles in the US. Plus updates from Henkel, Ahold Delhaize and all the rest of the latest news from the City