All articles by Harry Holmes – Page 6
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NewsCoca-Cola sees volumes fall amid price hikes
The business continued to see demand fall in North America, its biggest market, although demand elsewhere is helping to dampen the impact
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NewsLindt & Sprüngli raises outlook as premium chocolate sales hold up
The sales boost came despite the company pushing through some steep price hikes due to high cocoa prices
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NewsGreencore shares jump 10% after lifting profit forecast
Food-to-go manufacturer Greencore has seen its shares surge 10% following an impressive quarterly performance
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NewsNaked Wines appoints new chair to replace founder
Pailing joined the online wine retailer in March as a non-executive director, now replacing founder Rowan Gormley as chair
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NewsLidl hits record high market share as momentum continues
Lidl now holds 8.3% of the British grocery market, according to Worldpanel’s latest figures, up 0.5% over the past 12 weeks
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NewsInflation surge hits spending power for two in five households
Two in five UK households experienced declining spending power last month as inflation reached its highest level in 18 months
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NewsAnt and Dec strip down to boxers to announce Northern Dough Co investment
Ant and Dec stripped down to their boxers in an initial video to launch the partnership
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NewsTap Social raises £500k to expand ex-offender craft beer business
The business ‘combines criminally good beer, bakery and busy venues for meaningful change’ by providing employment for prison leavers
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Comment & OpinionIs it time to tax junk food ads and focus on healthy eating?
Could taxing the ad budgets of junk food manufacturers and spending the money on ads for healthy eating ever work?
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NewsTax junk food ad budgets to fund healthy food marketing, says Justin King
The law should be called ‘King’s Law’ after former Sainsbury’s CEO Justin King, said ex-health tsar Henry Dimbleby
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NewsVK and Hooch owner Global Brands suffers sales hangover from introduction of lower abv for its alcopops
Global Brands reduced the abv of its alcopops so it could pay a lower tax rate
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NewsLarge food manufacturers at their most confident in a decade, says BDO survey
BDO surveyed 100 UK food and drink manufacturers with a turnover of between £10m and £300m
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NewsBrits put brakes on spending as retail growth slows
Food was the main driver of growth, supported by a run of bank holidays and seasonal events including football tournaments
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NewsPoundland eyeing rent cuts in bid to save costs, says report
Poundland last drove through big rent changes during the pandemic, when it cut rent on hundreds of properties by more than a third
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NewsBasket crowdfunding £2m to roll out AI shopping assistant
Basket’s investors so far include the founders of BrewDog and Groupon
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NewsB&M’s share price down 16% after recognition of poor performance
The retailer’s difficulties have caused its share price to halve since the end of 2023
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NewsFever-Tree’s US expansion undeterred by Trump’s tariffs
Fever-Tree sold an 8.5% stake to Molson Coors in January as part of a strategic partnership to expand across the US
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NewsNorthern Monk surge continues but cash remains tight
The company said that, as is common with growth-stage businesses, it is not yet profitable and is funded by private equity
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NewsIsle of Barra Distillers crowdfunds £800k to fuel first whisky launch
The business is currently building a new £12m single malt distillery on Barra
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NewsWH Smith to complete sale of high street stores within weeks
In a trading update, WH Smith gave a picture of what the slimmed-down company will look like in future