All Finance articles – Page 272
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NewsPure Pet Food receives further private equity cash injection
The latest funding round follows a £2m cash injection from NVM Private Equity in 2019
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NewsMedia Bites 5 May: Tesco, Co-op, Nestlé
Tesco has agreed to increase sales of healthier food following pressure from investors
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NewsCity snapshot: Online demand slows as shoppers return to supermarkets
Supermarket customers shopped less online and more in store in April following the latest easing of coronavirus restrictions, new figures showed this morning. Plus, Pepco values itself at up to €5.8bn in upcoming Warsaw IPO; shares in McBride collapse on warnings or soaring raw material costs; and Raisio sales and profits fall in Q1 as it laps 2020 panic buying.
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NewsBritvic snaps up Plenish as it bets on plant power to fuel growth
Britvic has strengthened its presence in the fast-growing plant-based nutrition category with the acquisition of Plenish for an undisclosed sum
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NewsCity snapshot: HelloFresh sales more than double amid increased capacity
European delivery kit giant HelloFresh has posted another quarter of bumper growth as it increased capacity to meet surging demand during the coronavirus pandemic.
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NewsMedia Bites 4 May: Ocado, Starbucks, Asahi
Ocado faces a shareholder backlash over “excessive” pay, including boss Tim Steiner’s near-£7m windfall.
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NewsSainsbury’s shares fall on well-flagged Covid costs
Sainsbury’s was the latest grocer to see its share price fall after one-off costs drove it to an annual loss
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NewsLaila’s posts further losses amid pandemic scratch cooking boom
Laila’s Fine Foods ‘reliant on creditors’ as it forecast it would be lossmaking for the third year in a row
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NewsUK food M&A activity recovers to highest level seen since 2017
According to Grant Thornton’s quarterly M&A report, the 63 transactions announced in the first quarter represent the highest deal volumes since 2017
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Analysis & FeaturesHow will consumers view JBS’s acquisition of plant-based Vivera?
The plant-based deal has already provoked ire on social media
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NewsCity snapshot: Nestlé agrees $5.75bn Bountiful Company supplements deal
Nestlé has boosted its presence in the global nutrition and supplement market with the US$5.75bn acquisition of The Bountiful Company
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NewsMedia Bites 30 April: Unilever, Amazon, Co-op
Unilever sounds price rise klaxon as manufacturers grapple cost pressures
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Analysis & FeaturesWhat’s the plan for Sainsbury’s following £261m loss?
Simon Roberts insists the business ‘is in good shape and has lots of potential’. How is he planning to bounce back?
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NewsTesco offers finance incentives for suppliers to sign carbon targets
The move incentivises companies to make positive changes to their business
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NewsJempson’s reports ‘outstanding’ increase in turnover and profit
Jempson’s launched a home delivery service for groceries, which racked up £1m of sales in the 2020 calendar year
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NewsCo-op delivery partner Zoom 1hr to launch £500k crowdfunding raise
Zoom 1hr has delivered 60,000 orders on behalf of the Co-op since November
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NewsCity Snapshot: Unilever boosted by emerging markets reopenings
Unilever has started the year on the front foot, posting organic growth of 5.7% helped by the lapping strict lockdowns in key emerging markets
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NewsMedia Bites 29 April: Sainsbury’s, WH Smith, Nestle, Reckitt Benckiser
A busy morning for food and drink in the papers, with Sainsbury’s annual results in focus.
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NewsWholesaler Serious Foods rescued from administration
Serious Foods, which has supplied ingredients to the hospitality and restaurant industry for a decade, has been bought by First Choice Produce
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NewsSupermarket price war drives down food prices for first time since 2017
Food prices have fallen for the first time in more than four years as supermarkets continued to slug it out in a bid to win shoppers, according to the latest figure from the British Retail Consortium and NielsenIQ.