Finance news – Page 375
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NewsFlor Healy starts work as Samworth Brothers CEO
The former Kerry Foods boss started in the role this week – two months after The Grocer exclusively revealed the appointment.
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NewsPlastic-free aisles urged as PM guns for avoidable plastic waste
Environmental plan proposes aisles without any plastic packaging, where all food is sold loose
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NewsMolson Coors plans major investment in Aspall Cyder capacity
The brewery would initially focus on growing Aspall’s presence in the on and off-trade…
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NewsIrish food and drink exports rise 13% to hit record high
The UK remained Ireland’s key export market, accounting for 35% of total exports
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NewsMedia Bites 11 January: Sainsbury's, Lidl, M&S
It’s Sainsbury’s turn to face the media spotlight as it becomes the latest supermarket to update the market on its Christmas trading.
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NewsShine taken off record Christmas at Tesco by collapse of Palmer & Harvey
Tesco and Waitrose have both managed to drive underlying sales growth over Christmas, but Marks & Spencer lost out to Aldi and Lidl as like-for-like food numbers declined. However, the shine was taken off Tesco’s results by the impact of the Palmer & Harvey collapse.
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NewsRichard Rose joins Hancocks in non-executive role
Rose is a former chairman of Booker and AO World
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NewsM&S to invest £25m in 'digital-first' tech programme changes
Retailer plans to transfer 250 existing technology roles to Tata Consultancy Services
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NewsAldi and Lidl outpacing big four in supermarket space race
However even the discounters have scaled back on applications
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NewsHumphrey Singer to become new M&S chief finance officer
Singer, finance director of Dixons Carphone, will replace Helen Weir, who is leaving to pursue a portfolio career
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NewsCo-op's Steve Murrells urges post-Brexit EU partnership
Murrells welcomed Michael Gove’s pledge that payments to farmers would be extended post-Brexit
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NewsMedia Bites 10 January: Morrisons, Kantar/Nielsen, Majestic Wine
The main focus in a busy day for food and drink is a strong set of Christmas results for Morrisons.
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NewsSainsbury's raises profits forecasts after record Christmas
Sainsbury’s has lifted its profits expectations for the year after a record Christmas week, but the supermarket’s growth was held back by declining general merchandise sales as Argos struggled.
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NewsMarket share figures point to bumper Christmas for grocers
The latest grocery market share figures from Kantar Worldpanel and Nielsen suggest UK consumers shrugged off any worries about the wider economy to increase their grocery spend over the festive period.
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NewsLincolnshire Co-operative reports 7% Christmas boost
The society paid out a dividend bonus of £1.9m to its 280,000 members in December
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NewsPoundworld profits slump following 'significant' investment
Discounter is looking to open “a substantial” number of stores in each of the next three years
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NewsMajestic hails a 'robust' Christmas performance
Majestic Retail sales grew 1.2%, while Naked Wines put in the strongest performance, growing sales by 13%…
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NewsMorrisons reports festive sales boost
Morrisons has reported a 2.8% uplift in group like for like sales excluding fuel over the ten weeks to 7 January and a 3.7% jump over the Christmas period.
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NewsMedia Bites 9 Jan: Festive spending, Lidl, Retail administrations
Rising food costs meant consumers had little left over to spend on a festive splurge, according to the latest retail industry figures.
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NewsHalewood Wine & Spirits cements turnaround with year of growth
The Lambrini owner ditched underperforming brands to focus on premium and craft spirits…