All Finance articles – Page 258
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NewsSquare Root to launch £350k crowdfunding drive
It will offer up 7.2% of its equity, giving the business a pre-money valuation of £4.5m
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NewsHippeas closes $50m funding round
The money from The Craftory will be used to increase production capacity, boost distribution and continue with product innovation, as well as bolstering the business’ sustainability credentials.
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NewsMedia Bites 27 Jan: PespiCo/Beyond Meat, Greencore, PZ Cussons
Pepsico is to take a step beyond fizzy drinks and snacks into the plant-based meat sector after signing a joint venture with Beyond Meat
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NewsCity snapshot: Shop prices tumble as lockdown drags on
Shop prices have fallen by 2.2% this month as retailers desperately tried to entice consumers to spend money online as lockdown restrictions continued, according to the latest shop price index by the British Retail Consortium and Nielsen.
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NewsPepsiCo creates plant-based joint venture with beyond Meat
PepsiCo has teamed with Beyond Meat to take advantage of the booming meat alternatives market and develop a host of new plant-based snacks and drinks.
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NewsVirtue Drinks scores investment from Chris Smalling
It’s the sixth investment Smalling has made in the past year, with four in the food and drink space and a focus on sustainable and ethical brands, such as Allplants, This, Livia’s and plant-based dog food start-up The Pack.
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NewsDhamecha Cash & Carry buys Leyton depot from TRS
The site in East London is set to become Dhamecha’s 10th cash & carry
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NewsHun beats £400k funding target as investors flock to canned wine brand
The business, which is backed by Waitrose CEO James Bailey, plans to overfund to £600,000 after raising more than £450,000 from 140 investors following the pitch going live on the Seedrs platform.
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NewsCity snapshot: New coronavirus lockdown measures send Greencore sales down 15%
Greencore has reported a 15% drop in first quarter sales due to the impact of new Covid restrictions. Plus, trading updates from PZ Cussons, AG Barr and more.
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NewsMedia Bites 26 January: High Street, Morrisons, Greenpeace
The papers focus on the troubles on the high street after Boohoo acquired Debenhams online business and Asos circles Topshop.
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NewsCentral England Co-op reports 9.2% growth in festive sales
New Year’s Eve saw the biggest jump with an 11% sales hike
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NewsCity snapshot: Sainsbury’s and Waitrose sites bought for £65m
Supermarket Income REIT has snapped up a Sainsbury’s and a Waitrose store for £64.8m. Plus, Tesco sets general meeting date to vote on £5bn special dividend from Asia sale.
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NewsMedia Bites 25 Jan: John Lewis Partnership, Business rates, Sainsbury’s
The John Lewis Partnership is under increasing pressure to hand back millions of pounds of business rates relief after revealing that it performed better than expected at the end of last year
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NewsCity News: Premier Foods share price resurgence levels out
The resurgence in Premier Foods share prices stalled somewhat this week, despite yet more stellar branded growth, as the City began to question how long its sales boom can continue.
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NewsYo Sushi reports blow to supermarket sales as well as restaurants
Yo Sushi’s supermarket push has been hit by the pandemic in a further blow for the retailer, whose restaurant arm has undergone a CVA.
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NewsMarigold slides into red after fire but lockdown cooking demand provides boost
The business was hit with exceptional costs of £1.3m related to the fire, including redundancy payouts for more than 100 staff, and saw stock worth £2m destroyed.
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NewsBerczy wins funds to strengthen supply chain
The brand said it would use the cash to “strengthen its supply chain to scale”
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NewsProper joins forces with Eat Real in new Exponent healthier snacking play
A new company to combine Proper with its Eat Real brand will be created by Exponent under a new joint CEO
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NewsCity snapshot: Retail sales suffers worst year on record after Christmas falls flat
The UK retail sector has suffered its worst year on record after a Christmas sales rise of 0.4% failed to meet expectations, according to the Office of National Statistics. Plus, The John Lewis Partnership upgrades profit expectations and pays back £300m government aid and all the rest of the latest news from the City
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NewsMedia Bites 22 Jan: EG Group, Border disruption, Pets at Home
EG Group, the UK petrol stations company whose billionaire owners are buying Asda, is bringing in retail veteran Stuart Rose to improve governance after its auditors resigned over the matter last year (The Financial Times £). A former boss of Marks & Spencer has been appointed as ...