All articles by Ed Devlin – Page 218
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NewsCity Snapshot: Profits and sales leap at Vimto maker Nichols
Nichols has grown its Vimto brand in the UK in 2014 on the back of a new advertising campaign fronted by a purple toad leading to jumps in sales and profits. Carrefour also posts full year results.
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NewsMedia Bites 5 March: Greggs, McDonalds, Coca-Cola
Greggs continued turnaround, a new marketing push in the UK for Coca-Cola and an updated chicken policy for McDonald’s all feature in today’s newspapers.
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NewsGreggs shares soar on record profits and seven-year like-for-like sales high
Shares in Greggs (GRG) have soared once again today as the high street bakery chain posted record profits and the strongest like-for-like sales seen since 2007.
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NewsCity snapshot: Greggs celebrates 'exceptional' progress with record profits
High street bakery chain Greggs has puffed up like-for-like sales to the strongest levels since 2007 on the back of favourable market conditions
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NewsMedia Bites 4 March: Morrisons, organic farming, Target
In a quiet morning for retail, a former Morrisons executive jailed for insider trading dominates the papers
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NewsUnilever extends personal care range with REN Skincare deal
Unilever has agreed to acquire a British skincare brand as it seeks to expand its range of personal care products.
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NewsSalisbury Poultry to invest £10m at former First Milk site in Wales
A £10m investment in a poultry processing plant in Wales has been given the green light, paving the way for the creation of 150 jobs in Wrexham.
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NewsRifkind to leave Unilever board following ‘cash-for-access’ scandal
Sir Malcolm Rifkind is to part ways with consumer goods giant Unilever following the MP’s departure from Parliament in a cash-for-access scandal.
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NewsMcColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”
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NewsCity snapshot: McColl's puts in 'best-ever' year but challenges remain
Top story C-store chain McColl’s Retail Group (MCLS) has announced its “best-ever” set of results in its maiden full-year as a listed company. Revenues exceeded £900m for the first time, growing 6.1% from £869.4m in 2013 to £922.4m in the 53 weeks to 30 November – when ...
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NewsMedia Bites 3 March: Morrisons, M&S, coffee
Morrisons new management team looks set to take an axe to the dividend in a bid to free up money to invest in the retailer’s turnaround.
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NewsBritish American Tobacco sparks up auditor search
British American Tobacco is looking for a new auditor after ending its agreement with Big Four firm PwC.
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NewsTesco gamble cost Warren Buffett $444m
Veteran investor Warren Buffett has admitted his “leisurely pace” when it came to selling off shares in Tesco cost his firm Berkshire Hathaway $444m.
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NewsM&S updates Chinese expansion plans
Marks & Spencer updates with Asian growth plans as it reaffirms commitment to entering Beijing
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Analysis & FeaturesThe Grocer Says: What's going on at Thorntons?
It has been a strange week for the share price of Thorntons as it plunged more than 20% since Monday, but just what is behind the drop?
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NewsFyffes to pursue deals in 2015 after earnings hike
Fyffes has grown earnings by 28.1% to €40.1m in 2014 as its sales nudged upward by 0.8% to €1.09bn.
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NewsBDO predicts renewed investor interest in food and drink IPOs
Investors could be set to flock to the food and beverage sector in 2015…
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NewsCold brew coffee makers drink to crowdfunding success
Two UK drinks companies are looking to take advantage of the rapidly growing trend for cold brew coffee after raising more than £260,000 on a crowdfunding website.
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NewsFlavourly trusts in the crowd after turning down the dragons
Flavourly, a gourmet food and drink subscription company which turned down four investment offers from the BBC’s Dragons’ Den, is aiming to raise £300k via crowdfunding.
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NewsMorrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.