Grocery and FMCG finance news, analysis and insight

Grocer 200: Prices are delayed by at least 15 mins

Finance news

Farmdrop adds £5m to total raised as it expands across UK

2019-08-23T13:42:00+01:00By Elena Cherubini

Property not pints at the centre of Greene King takeover

Former PM David Cameron famously treated Chinese president Xi Jinping to a pint of Greene King IPA on a state visit back in 2015, but it isn’t a taste for the brewer’s signature beer that has persuaded Hong Kong’s richest man to shell out £2.7bn to buy up the pub group.

Farmdrop adds £5m to total raised as it expands across UK

Farmdrop has issued just over £5m worth of new shares as it continues its nationwide expansion

Vegan petcare brand Hownd turns to crowd for £150k fundraise

Hownd has reached out to the crowd for investment, seeking £150k to accelerate growth and develop new products

Supreme Imports eyes standalone flotation for 88 Vape

MD Sandy Chadha told The Grocer it was mulling a pureplay float of its vaping business

City snapshot: Supreme Imports considers standalone vaping float

Supreme Imports is considering floating its 88 Vape brand as a standalone business after returning to profit growth

Media Bites 23 Aug: Ocado, Morrisons, Jamie Oliver

Ocado’s customer orders have been disrupted by another warehouse fire six months after a blaze destroyed its robot-controlled depot in Hampshire

Finance reports

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City snapshot: Supreme Imports considers standalone vaping float

Fundraising

Farmdrop adds £5m to total raised as it expands across UK

Pay and Jobs

Addo Food Group mulls factory closure to ensure future profitability

M&A

Property not pints at the centre of Greene King takeover

Economy

UK retail sales crumble at fastest rate in over 10 years

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Grocer Price Index

Supermarket prices flat but signs of return to inflation

Supermarket prices have stayed flat year on year, but there are signs food price inflation could be creeping back into the market after close to a year of stagnant prices.

The Grocer Price Index - Categories
The Grocer Price Index - Retailers

The GPI tracks pricing of more than 70,000 grocery products using a 12-month chained index. The index was set at 100 in September 2008. The average does not include Waitrose. The GPI is compiled by Brand View.