All Finance articles – Page 52
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NewsRheal hires advisors as it explores sale and expansion options
Rheal has hired M&A advisors to explore a sale of the rapidly growing superfoods brand as it looks to expand the business further into the grocery channel and international markets
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NewsDiageo strikes deal for US non-alcoholic spirits market leader Ritual
Diageo took a minority stake in Ritual via its Distill Ventures incubator in 2020
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NewsMeatable secures multimillion-pound funding for lab-grown meat
The credit will help Meatable ramp up its commercial activity
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NewsCity snapshot: Morrisons agrees £331m property deal on 76 supermarkets
Morrisons has signed a £331m deal to release value from its portfolio of stores as the supermarket continues with a turnaround attempt under new CEO Rami Baitieh. Plus, Asda launches new sustainability-linked enhancement to its supply chain finance scheme, trading updates from Poundland owner Pepco and Diageo, and interims from Adnams
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NewsMedia Bites 26 September: consumer spending, Co-op, Brexit border checks, single-use plastic
Co-op has revealed a £40m hit from shoplifting in the first half of the year, and personal spending on retail has improved
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NewsDanone doubles down in kefir with $280m offer for Lifeway Foods
The offer follows the French multinational’s expansion into the kefir market in the UK
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Comment & OpinionBusiness rates relief is welcome, but high streets need a new culture
Reviving our high streets will take more than financial tweaks – but there are plenty of ideas around the country, says Joanna Blythman, food journalist and author of Swallow This
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NewsMedia Bites 25 September: Labour Party conference, instant noodles
The nationals focussed heavily on the announcements from the Labour Party conference.
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NewsCity snapshot: Co-op turnaround strategy gains momentum in first half
Co-op has returned to the black as it boosted food sales and grew membership numbers by almost a million year on year. Plus, Kitwave has acquired family-owned food wholesaler Creed Catering Supplies in a £70m deal
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NewsQuorn parent Marlow Foods restructures as losses race past £60m amid plant-based slump
Losses have raced to more than £60m at Marlow Foods as the owner of Quorn and Cauldron continued to restructure the business amid a further deterioration in the meat alternatives market
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Analysis & FeaturesWhy is Unilever selling its ice cream business?
Unilever wants to spin off its £7bn-sales global ice cream business. Why? Who wants to buy it? And will it work?
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NewsWilton London brand rescued from liquidation by Boomerang Media
Wilton’s staff were notified the business had called in liquidators via email last month
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NewsCity snapshot: AG Barr scores good result from Euros Irn-Bru campaign
Sales at AG Barr have increased by more than £10m in the first half after a “highly effective” marketing campaign during the Euros football tournament in the summer boosted the popularity of Irn-Bru. Plus, Cake Box has revealed a collaboration with Nutella to launch a lineup of five new products for the UK market
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NewsMedia Bites 24 September: Tesco chicken nuggets spark controversy as M&S shares soar
Tesco has been accused of skimping on the chicken in its Aldi price-matched nuggets
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NewsFermtech hits crowdfunding target to scale up production of fermented protein source
Fermtech makes clean-label protein by growing fungi from food waste, using spent grains from a local brewery in a patent-pending system
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NewsThe Famous Grouse set to change hands as Edrington agrees sale to William Grant & Sons
The UK’s largest scotch whisky is on the move
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NewsCaffè Nero records strong summer trading as UK like-for-likes rise 9.1%
The group said it was trading ahead of the market and winning share from rivals
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NewsDistil secures emergency funding to get through Christmas trading period
A placing at a steep 40% discount to last week’s share price is set to raise £430k, while the company has secured a further £220k from existing shareholders
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NewsCity snapshot: Disposable incomes to rise ahead of Christmas period
UK households have weathered the worst of the cost-of-living crisis and can now expect to see their disposable income continue to rise this year, according to new figures from Asda’s Income Tracker. Plus, Distil secures funding and Eagle Eye wins a new contract
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NewsCity snapshot: Gloomy outlook from Labour knocks consumer confidence
Consumer confidence in the UK has taken a nosedive on the back of gloomy noises coming out of the new Labour government