All articles by Harry Holmes – Page 7
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NewsGreggs confirms profit slip as sales growth continues to slide
Greggs’ like-for-like sales grew just 2.6% in the first half of the year, a slowdown it attributed to January’s heavy snow and strong winds and June’s unusually hot weather
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NewsHeineken sales fall due to supermarket disputes
The world’s second-largest brewer said volumes were worse than analysts’ estimates
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NewsCranswick to boost investment as demand for meat grows
Cranswick added an independent review into its animal welfarepractices is now “well advanced”
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NewsOatly warns of sluggish sales growth amid US slowdown
The company’s share price fell 5% following the announcement
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NewsPure Pet Food’s sales double after hefty investment
The company secured a £15m investment in October to support further expansion after consecutive years of strong growth
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NewsAsda showing ‘green shoots of recovery’, says NIQ
Asda has been in the midst of a long-term sales drop that pulled the supermarket to a £600m loss last year
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NewsLa Martiniquaise-Bardinet snaps up majority stake in Warner’s Distillery
La Martiniquaise is France’s second-largest spirits group, making drinks including Glen Moray and Cutty Sark
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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