All Finance articles – Page 151
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NewsCity snapshot: Unilever buys US premium yoghurt brand Yasso
Unilever has announced it has agreed to buy US-based premium frozen Greek yoghurt brand Yasso
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NewsMedia Bites 15 June: Asda, Bestway, UK economy
A quiet morning in the papers but there is coverage of an Asda stores sell-off.
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Comment & OpinionFood price caps should be resisted by ministers at all costs
The lessons of failed market interventions in the 1960s and 1970s are clear, says Ian Wright, co-chair of the Food & Drink Export Council
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ReportsHow flagging Rockstar is seeking a career revival
It must hurt being the only top 10 brand in decline when energy drinks have made an extra £218.2m in the past year
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NewsFoodservice wholesaler RD Johns’ turnover jumps by 66% in 2022
The improved offering helped the company to bring in £7m of business from new customers across the hospitality, education and care sectors
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NewsMedia Bites 14 June: Sainsbury’s/Asda, Yo! Sushi, Ocado
Sainsbury’s and Asda have been told to stop using ‘unlawful’ land agreements to prevent rival supermarkets from opening competing stores nearby
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NewsCity snapshot: WH Smith secures £400m refinancing to support travel ambitions
WH Smith has completed a £400m bank refinancing to support the group’s growing travel retail division.
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NewsMeatless Farm officially collapses as Kroll appointed as administrator
Meatless Farm has officially collapsed into administration after losing its battle to secure new investment, leaving shareholders facing multimillion-pound losses
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NewsMamamade brand rescued from liquidation by the Family Food Co
The Family Food Co has rescued the Mamamade brand out of liquidation in its second deal of the year, as part of ambitions to build a marketplace for healthy meals for kids
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NewsSentient Ventures backs trio of female-founded plant-based brands in maiden investments
The fund – launched last year by the team behind Veg Capital – is backing plant-based cheesemonger La Fauxmagerie, vegan pizzeria Purezza and plant-based chicken maker Rebellyous
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NewsYo Sushi owner Snowfox Group sold for £495m to Japan’s Zensho
The Snowfox Group has been transformed from a small UK-based restaurant chain to an omnichannel, multinational sushi operation
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NewsPernod Ricard buys Canadian RTD player ABG for £100m
French spirits group Pernod Ricard has acquired a 90% stake in Canada’s largest ready-to-drink sector player at an enterprise value of CAD165m (£99m).
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NewsMedia Bites 13 June: Meatless Farm, Sainsbury’s, Ocado
The Grocer’s exclusive on the failure of Meatless Farm makes headlines this morning.
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NewsMeatless Farm set to enter administration as all staff made redundant
Loss-making Meatless Farm is set to collapse into administration after a desperate search for new investment to save the plant-based brand proved fruitless
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NewsMedia Bites 12 June: Food taxes, Waitrose, French food prices
The boss of one of the UK’s biggest food firms is calling for higher taxes on salty, fatty and sugary foods
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NewsCity snapshot: Record palm oil production for Dekel Agri-Vision as prices start to soften
Dekel Agri-Vision has reported a softening of palm oil prices as it delivered another “strong” month of soaring production.
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NewsThorntons back in the black after shift from retail outlets to fmcg
Thorntons has bounced back into profit for the first time since its acquisition by Ferrero in 2015, as it reaped the benefits of shuttering its flagging retail estate
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NewsPrinces owner holds out for higher price
The Japanese owner of Princes is determined to press ahead with a sale of the brand this year despite initial bids falling short of expectations
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NewsCity snapshot: UK retail sales fall for the first time in three years
Like-for-like UK retail sales fell back in May to end a 26-month run of positive growth, according to figures from BDO
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NewsMedia Bites 9 June: Tesco, EG Group, Amazon
The consumer group Which? has reported Tesco to the UK’s competition watchdog over its failure to provide detailed pricing information on its loyalty card offers