Archive of all supplier articles – Page 99
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Comment & OpinionBy cutting ties with Russia, businesses are proving they can put people over profits
Quitting Russia en masse shows the world’s biggest food and drink brands can act quickly and decisively when they want to
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News2 Sisters warns of ‘hyper-inflation’ with input costs already up 50%
The poultry giant is warning war between Ukraine and Russia will drive food prices up even further over the coming weeks
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NewsLittle Moons sells stake to US PE firm L Catterton
The terms of the deal for the significant minority shareholding were not disclosed but are understood to value the business at much higher than £100m, according to sources in the City
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NewsUnilever suspends Russian imports and exports in protest at Ukraine invasion
“We will not invest any further capital into the country, nor will we profit from our presence in Russia” it said
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NewsDanone unveils turnaround plan under new CEO Antoine de Saint-Affrique
Danone has set out a multi-year turnaround plan as de Saint-Affrique unveiled his vision for the French consumer products group
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InterviewsWhy grocery is swiping right for Nicky Jackson’s app sensation RangeMe
Nicky Jackson’s RangeMe is hooking up buyers and suppliers and despite only landing in June, has already caught the eye of Tesco, Asda, and Co-op.
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NewsNimble aims for retail expansion following crowdfunding campaign and Justin King joining as advisor
The raise coincides with former Sainsbury’s boss Justin King joining the business as an investor and advisor.
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NewsYumello beats £300k crowd target as it looks to accelerate growth
The business – founded by Esther Lopez and Omar El Hajji in 2018 – is overfunding on the Seedrs platform, with £342k raised from more than 130 backers so far.
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NewsBodega Bay unveils crowdfunding campaign and it plots hard seltzer expansion at home and abroad
The latest round will add to the £1.8m raised so far by Bodega Bay and will be targeted at growing the UK and export markets as hard seltzers become increasingly popular with consumers.
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NewsMackie’s of Scotland enjoys record year but inflation set to squeeze profits in 2022
Scottish ice cream brand Mackie’s has delivered record sales and profits despite the challenges of lockdown and spiralling costs.
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Comment & OpinionConsumers are demanding purpose from brands – it’s time we responded
Businesses should embrace the responsibility to have apositive impact on the regions and communities within which they operate, says Kim Smet, interim general manager, Mars Petcare
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NewsGousto secures further $230m to advance sustainable ambitions
It follows a $150m round a little over a month ago, which valued the business at $1.7bn.
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NewsRefresco snapped up by global PE firm KKR
Current owners PAI Partners and British Columbia Investment Management Corporation will retain a significant minority holding in the group
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Comment & OpinionRetailer delay tactics on cost price increases are crippling for smaller suppliers
Needless and complex delay tactics by retailers mean necessary CPI processes grind to a halt, says David Sables, CEO of Sentinel Management Consultants
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Comment & OpinionWhy GSCOP could be positive for Amazon as well as its vendors
GSCOP rules are great news for Amazon’s grocery vendors and in time will be great news for Amazon itself, says Paul Adams, CEO of Tambo
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NewsLivia’s rescued from administration after Covid struggles
Free-from snack brand Livia’s has been bought out of administration by investment firm S-Ventures after struggling to stay afloat throughout the pandemic.
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NewsCalls for clarity as Boris Johnson axes Covid measures
Sources told The Grocer there had so far been “no official confirmation” from Defra over how the lifting of restrictions would affect them
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NewsCo-op moves all South African wine to Fairtrade standards
Co-op is also investing £800,000 through donations and social premium into a start-up winery called Fairroots
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NewsDr. Schär moves into bread with acquisition of GDR Food Technology
The deal gives Dr. Schär its first UK production plant and represents its first step in the fresh bread sector in the country, where it is already one of leading gluten-free brands.
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NewsOcado suppliers bemoan ‘conveyor belt’ of buyers
Several senior buyers have departed the company in recent months, including two heads of buying