Finance news – Page 426
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NewsBooths CEO Chris Dee steps down
Executive chairman Edwin Booth is set to become chairman and CEO
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NewsAllplants secures £800k investment as meat-free trend booms
Investors in the vegan ready meal startup include a venture capital firm and one of the founders of Propercorn, along with other food entrepreneurs
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NewsCamden Town Brewery to open £30m brewery in North London
The 50,000+ sq ft site is poised to begin operating in July, and will produce 400,000hl of beer every year
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News2 Sisters completes £10m Rogerstone Park site upgrade
The supplier has added a dedicated Far East ‘pod’ to its ready meals facility
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NewsMedia Bites 15 May: Asda, Tesco, Booker, Premier Foods, M&S
Asda is ”shunning” the City this week as it prepares to admit being the worst supermarket performer for the second year in a row. Plus, Tesco hits the headlines again; and Booker and Premier Foods prepare to publish full–year results.
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NewsCity snapshot: Late Easter fuels fastest quarter of footfall growth for five years
A late Easter and the weakened pound help boost footfall growth at the fastest pace for five years. Plus, a short trading update from Fever-Tree
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NewsMeat-free sales soar £17m on rise of flexitarianism
Concerns about health and the environment are the main drivers of the trend
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NewsTesco's Dave Lewis takes 10% pay cut
£600k fall in bonus comes despite leading supermarket’s first sales growth in seven years
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NewsEagle Eye secures three-year John Lewis contract
Shares in the grocery tech firm jumped almost 10% this morning on back on the John Lewis contact win.
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NewsSuppliers 'shrugging off Brexit challenges'
Food and drink manufacturers are entering the second half of the year in bullish mood, according to a new report by BDO
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NewsCoca-Cola Hellenic boosted by growth in emerging markets
Coca-Cola is flatlining, but European bottler Coca-Cola Hellenic continued its run of effervescent results. Plus, the share price movements of Refresco and Premier Foods.
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NewsPremier Foods renews £60m-sales Cadbury licence with Mondelez
Premier Foods has avoided the “unmitigated disaster” of losing its lucrative Cadbury licence
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NewsTayto paid £35k for Portlebay popcorn, administrator reveals
Northern Irish crisps maker Tayto picked up premium popcorn brand Portlebay for just £35,000 in a pre-pack deal
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NewsMorrisons boss receives 24% pay boost and increased share incentives
Morrisons CEO David Potts saw his pay package jump by 24% last year and could be in line for a further pay boost in future years under newly proposed share reward plans
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NewsMedia Bites 12 May: Aldi, Morrisons, Deliveroo, EU fishing policy
The Guardian has published a story based on The Grocer’s exclusive interview with Aldi CEO Matthew Barnes. Plus, a bumper pay rise for Morrisons CEO David Potts; and Deliveroo bows to pressure to change contracts for UK couriers.
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NewsCity snapshot: Inflation eases back as supermarkets continue price battle
Inflation eased in April as the big four supermarkets continued to battle the discounters and keep prices low, the lastest Grocer Price Index data suggests. Plus, an exclusive interview with Aldi CEO Matthew Barnes; the latest annual BDO food and drink report; and Eagle Eye wins a three-year contract with John Lewis.
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NewsSimplee Aloe to boost category awareness with £1m funding
Drinks startup Simplee Aloe has secured almost £1m in venture capital funding
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NewsKerrygold sales boom boosts revenues at Ornua
The Irish butter brand topped €900m in global sales, with the US reporting 20% volume growth
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NewsSeven months after #Marmitegate, Tesco finally puts price up
Tesco has hiked the price of Marmite seven months after its public refusal to bow to brand owner Unilever’s demands
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NewsAldi: 'massive opportunity' to quadruple store numbers
Aldi believes it could almost quadruple its UK store estate to 2,600 stores