Dairy And Meat Alternatives Stay On Top Of U.S. Food Investors’ Mind

A new report tracking the U.S. food and beverage investment in 2018 reveals about one-third of the total funding went to dairy- and meat-alternative products, with other categories, including CBD, keto, chips and salty snacks, also receiving a decent amount of investment. The report, compiled by Ryan Williams who directs finance and special projects at Rise Brewing Co., was published on Food + Tech Connect in June. It notes that 2018 saw $1.45bn invested across 200 disclosed transactions in total, with the largest deal involving a $114m funding to the plant-based meat…

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M&S investors spooked by slowdown in food sales

A slowdown in food sales at Marks & Spencer has spooked investors who have increasingly relied on brisk trade in its upmarket food halls to prop up its struggling clothing arm. M&S’s shares were marked down by more than 4% after the retailer revealed food sales in stores open more than one year had fallen over the last three months. The 0.1% decline – contrasting with a 0.6% rise pencilled in by analysts – comes at a time when sales of its supermarket rivals have been boosted by inflation and the…

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