Finance news – Page 355
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NewsScottish retailers 'hardest hit' with store closures
PwC research compiled by the Local Data Company showed almost 300 high street retail closures in Scotland
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NewsTesco's profits jump: what the analysts say
Tesco’s profits jump: here is how analysts and other experts reacted to the results
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NewsKay Group puts soaring profit down to food-to-go innovations
Kay Group puts soaring profit down to food-to-go innovations
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NewsNisa reports 26% sales hike as store numbers increase
The results come ahead of the CMA’s phase one ruling on the Co-op’s acquisition of Nisa, due to be published by 23 April
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NewsTesco profits jump 28% as it 'moves quickly' to deliver Booker synergies
Tesco has reported “another year of strong progress” with the ninth consecutive quarter of growth and said it was “moving quickly” to deliver synergies and access new growth from the completion of the merger with Booker.
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NewsMedia Bites 11 April: High street closures, Vivo, Hershey
“Crisis on the high street”, trumpets The Daily Mail, which highlights a report by PwC showing 16 stores closed every day last year
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NewsBrewDog buys 'urban cider' brand Hawkes for undisclosed sum
Hawkes’ founder Simon Wright will remain at its helm and existing staff retain their roles…
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News2 Sisters pledges 90% recyclable plastic packaging by 2020
The company said the move would almost double the amount of recyclable packaging used in its supply chain, which currently stands at 47%
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NewsSainsbury's pay deal will 'hugely impact' brand perception
Proposed new contracts would remove paid breaks and performance-related bonuses
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NewsFood sales jump drives 1.4% retail sales growth in March
The latest BRC-KPMG Retail Sales Monitor shows UK retail sales increased by 1.4% in March on a like-for-like basis, driven by a 4.2% jump in like-for-like food sales.
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NewsMedia Bites 10 April: Iceland/Palm oil, Waitrose, Retail sales
The environment gets a heavy dose of coverage this morning with the news that Iceland has pledged a crackdown on palm oil by removing it from its own-brand food by the end of the year to become the first British supermarket to do so.
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NewsMore Brits worry about plastic than Brexit, new survey finds
More than eight out of 10 of respondents (82%) said they supported plans for a plastic bottle deposit scheme
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NewsMorrisons cuts prices across more than 250 Savers items
Morrisons said the relaunch was aimed at “keeping shopping simple and saving customers money”
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NewsBig brands win back space in Tesco BWS boost
Heineken has seen it’s presence further restored in the retailer, with previously delisted brands back on shelf…
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NewsConviviality confirms £7.25m retail sale to Bestway
Stricken Conviviality has confirmed the £7.25m sale of Conviviality Retail to Bestway, including the Bargain Booze, Select Convenience, Wine Rack and Central Convenience chains.
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NewsMedia Bites 9 April: Tesco, Bestway/Bargain Booze, Sugar tax, Pret
Tesco boss Dave Lewis “pressed on merits of Booker tie-up” as it prepares to issue its annual results, writes The Times (£).
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NewsFortified wine sales plunge but Buckfast growth stays buoyant
The past 12 months has seen significant declines for eight of the UK’s nine biggest fortified wine brands
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NewsFisherman's Friend maker reports 45% drop in profits
The company grew sales by 0.7% to £51.6m in the year to 31 December 2017
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NewsMRH profits up ahead of Motor Fuel Group takeover
MRH has reported a double-digit rise in sales and profits for the year to 1 October 2017
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NewsGrocemania delivery startup seeks £100k from the crowd
The delivery platform wants cash in return for 13.3% of its equity