Finance news – Page 422
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NewsLucozade Zero and Highland Spring help boost sales at LRS
In the year to 31 December 2016, the UK subsidiary of Japanese drinks giant Suntory managed to grow sales from £424.9m to
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NewsCharlie Bigham's sales near £50m as efficiencies aid growth
The food manufacturer said investment in efficiencies in recent years had helped bottom-line growth
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NewsMedia Bites 2 June: M&S, Brexit, Walmart
Marks & Spencer’s new sustainability plan come under focus this morning on another quiet day for retail news in the papers.
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NewsCity snapshot: Coldpress secures £2.3m in minority sale to food & drink fund
Soft drinks brand Coldpress has sold a significant minority stake in return for a more than £2m investment to expand further into on-the-go and on-trade channels.
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NewsColdpress scores £2.3m in growth investment
The drinks maker plans to use the money to rapidly build its distribution capability beyond grocery
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NewsOrganic milk bucks category decline to deliver sales rise
Organic milk is now purchased by one in four UK households
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NewsRSPCA Assured sees volume sales rise despite fewer SKUs
The number of assured products on sale in the major supermarkets fell by more than a thousand
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NewsFormer Pizza Express CEO Richard Hodgson seeks grocery return
Richard Hodgson wants to return to the grocery sector after quitting as CEO of Pizza Express
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NewsMedia Bites 1 June: Kantar/Nielsen, Reynolds, Deliveroo
The latest grocery market share data and the rapidly increasing inflation in supermarkets are in focus this morning.
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NewsCity snapshot: Nisa closes in on £120m refinancing to aid expansion
Nisa Retail is in talks about a £120m refinancing deal as the sector continues to reel from the shockwaves of the proposed Tesco £3.7bn takeover of Booker, according to reports
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NewsAsda pledges to pay small suppliers faster
It said the move would benefit around 1,200 small suppliers that have up to £250,000 worth of business with Asda
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NewsMorrisons strikes deal with Hong Kong's britishessentials.hk
From this week, residents of Hong Kong will have access to 600 Morrisons ambient and general merchandise lines
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NewsTesco to sweat Extra space with Currys PC World concessions
A new partnership with owner Dixons Carphone will see two concessions opening in Tesco Extra stores this summer
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NewsFood and drink exports rise to highest level on record
The biggest growth came from countries outside the EU
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NewsArjun Infrastructure Partners buys 45% Welcome Break stake
Welcome Break secures £440m funding package from a banking syndicate, jointly-led by Lloyds Bank, to enable further investment in its hotel and retail offering.
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NewsCity snapshot: Mounting inflation drives highest discounter growth since 2015
Mounting food price inflation is driving consumers back into the hands of Lidl and Aldi, according to the latest market share figures
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NewsMedia Bites 31 May: Tesco, Booker, Co-op Bank, M&S
Three former Tesco directors charged with fraud are seeking to have the case against them dismissed, arguing that no false accounting took place, while Tesco CEO Dave Lewis is to be called as a witness.
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NewsYogurt supplier Llaeth Y Llan upgrades dairy to support expansion drive
The Welsh Government has supported the project
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NewsBeechdean buys 50% of fellow ice cream brand Lovingtons
Ice cream brand Beechdean has acquired 50% of West Country dairy ice cream producer Lovingtons.
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NewsDave Lewis named as witness in fraud case against former Tesco directors
Carl Rogberg, Chris Bush and John Scouler had a pre-trial hearing at London’s Southwark Crown Court