Finance news – Page 367
-
NewsSandpiper CI signs up to Morrisons wholesale deal
Sandpiper will convert 24 stores to the Morrisons Daily fascia…
-
NewsTesco discount chain: analysts react to latest developments
How the City responded to news of Tesco’s discounter plans in an attempt to level the playing field with Aldi and Lidl
-
NewsLoveRaw rejects £50k Dragon offer in favour of private cash
The brand’s founder Rimi Thapar appeared in last night’s Dragons’ Den seeking investment in return for a 5% stake
-
NewsManagement buy UK bonded warehousing specialist MSX
The distributor of BWS and confectionery to travel retail is now owned by Peter Blatch, Rob Glanville and Mark Pullen…
-
NewsNestlé acquires plant-based brand Terrafertil
Nestlé has made further strides into the plant-based food sector with the acquisition of a majority stake in Latin American brand Terrafertil, which has a growing presence in the UK health market.
-
NewsMedia Bites 12 February: Unilever, Tesco, Morrisons, 2 Sisters
Unilever creates waves this morning after threatening to pull marketing spend from platforms failing to tackle fake news, protect children, promote hate or create division in society. And a secret plan by Tesco to launch a discount chain dominates the weekend papers.
-
NewsCity snapshot: Tesco plots launch of discount chain to rival Aldi and Lidl
Tesco is hatching a secret plan to launch a new discount chain in an attempt to level the playing field with Aldi and Lidl, it is understood. Plus, Heineken full-year organic revenues increase 5% to €21.9bn as momentum from the first half continued into the second and its flagship brand put in one of its best performances for year; and Nestle acquires a majority stake in Terrafertil, a company selling natural, organic, plant-based foods and healthy snacks.
-
NewsG Simmons & Sons scores funding to meet pork scratchings demand
Pork scratchings manufacturer G Simmons & Sons has secured a six-figure bank funding package to help it expand operations to meet surging demand for its products.
-
NewsFemale sales directors paid 38% less than men
Real-time salary data showed male sales directors earn £138,885 on average while females in the same role earn £86,600
-
NewsWalkers infuriates wholesalers with Booker van move
Walkers has antagonised some of its wholesalers in the wake of Palmer & Harvey’s collapse by partnering with Booker
-
NewsOcado share price takes hit as profits stall
Ocado’s share price surge came to a halt on Tuesday after it revealed its annual profits had fallen back into the red
-
NewsSainsbury's and Euro Garages terminate forecourt franchise deal
Companies have mutually agreed to end nine-store trial after two years.
-
NewsCity snapshot: Tesco sets five year inflation high as annual grocery prices rise 2%
Supermarket price inflation edged up to 2% in the first month of the new year according to the latest Grocer Price Index – but there is wide disparity across the big four, with Tesco price rises swelling the overall figure. Plus another grim day for international stock markets takes its toll on grocery shares and all the rest of the latest news from the City.
-
NewsMedia Bites 9 Feb: 2 Sisters, L’Oréal, Compass Group
Job cuts loom at scandal-hit chicken supplier 2 Sisters.
-
News2 Sisters to cut 900 jobs
The poultry giant is planning to close three loss-making factories in wake of last autumn’s chicken scandal
-
NewsTesco continues to prop up overall inflation in grocery
Tesco recorded its highest level of price inflation for over five years last month
-
NewsWell & Truly seals £400k funding to aid growth
Healthy snacking startup Well & Truly has bagged £400k in capital from female-focused funding network AllBright
-
NewsWeetabix sales slip under new owner
Weetabix sales fell 1.2% in the final three months of 2017, according to quarterly earnings reported by Post Holdings
-
NewsJust Eat rival Appetise woos crowd for £500k
Online takeaway service Appetise has turned to the crowd to raise £500,000 for a battle against Just Eat
-
NewsOpitat surpasses £150,000 crowdfunding target
The London brand kicked off a Crowdcube drive on 30 January with the aim of raising £150,000 in exchange for 6.98% of equity