Finance news – Page 441
-
NewsPersonal care firm crushed by pricing pressures
A group of personal care and household companies, which supplied high street retailers and supermarkets, has called in administrators, with the loss of 72 jobs.
-
NewsAB InBev fails to meet expectations thanks to slow growth
AB InBev missed fourth-quarter earnings expectations this week after a performance slump in Brazil
-
NewsPoundland returns to like-for-like growth
Steinhoff CEO Markus Jooste said Poundland was “ahead of the value creation plan”
-
NewsCity snapshot: Two food brands appoint insolvency firms after six figure crowdfunding campaigns
Two food brands with national supermarket listings have collapsed less than two years after raising hundreds of thousands of pounds from crowdfunding investors
-
NewsMedia Bites 3 March: Asda, AB InBev, Nichols
Asda is imposing harsher payment terms on its clothing suppliers as it attempts to turn the business around.
-
NewsPost leading race for Weetabix, as former bidders end interest
The Grocer understands bid interest from other previously active suitors has ended…
-
NewsCrowdcube darlings Lick and Feel Free go under
Public set to lose out as two crowdfunders go under after six figure fundraising campaigns
-
NewsVimto sales drive 'strong performance' at brand owner Nichols
Vimto “significantly” outperformed the soft drinks category with sales up 4.7%
-
NewsHawkshead secures investment from Halewood Wines & Spirits
The deal would enable the business to build a new brewery, expand production and gain new routes to market for its popular…
-
NewsMedina Dairy sees return to profitability
Group revenue during the 52 weeks to 30 April rose by £4.1m to £160.9m
-
NewsLily O’Brien’s UK growth pushes group sales to record levels
Irish chocolatier Lily O’Brien’s has posted a record turnover of £27m in 2016 thanks to a growing appetite for its premium offering in the UK.
-
NewsCity snapshot: AB InBev's growth slows in fourth quarter
Anheuser-Busch InBev has reported revenues growth of 2.4% in 2016, but sales growth slowed to just 0.2% in the fourth quarter
-
NewsMedia Bites 2 March: PespiCo, Boots, Greggs, Premier Foods
“British workers pay price as US firms cut 2,000 jobs” is the lead business headline in The Times this morning as PepsiCo and Boots both announced job cuts.
-
NewsYoung’s Seafood on track over Christmas despite “exceptional challenges”
Young’s Seafood CEO Bill Showalter said the frozen fish producer has overcome “exceptional challenges” in the run-up to Christmas to remain on track to hit earnings targets.
-
NewsMackie's of Scotland grows sales thanks to new chocolate bar range
Entering the chocolate bar market and a consumer shift towards premium ice cream has helped Mackie’s of Scotland boost sales by 7%.
-
NewsAdministrators close nine Food Retailer Group Budgens stores
Food Retailer Group fell into administration on 10 February
-
NewsMedia Bites 1 March: Unilever, Kraft Heinz, Greggs, Sainsbury's, BHS
Unilever boss Paul Polman was paid 20% less last year than in 2015, taking home €8.4m, according to the group’s latest annual report.
-
NewsCity snapshot: Premier Foods strikes agreement with Hong Kong hedge fund
Activist investor Oasis Management is set to further build its stake in Premier Foods after entering a customary relationship agreement
-
NewsGreggs rules out 'shrinkflation' as ingredient costs spiral
Greggs CEO Roger Whiteside has promised its staple sausage rolls won’t be affected by ‘shrinkflation’ as the chain seeks to combat the growing threat of rising ingredient prices.
-
NewsNeil Turton made chief operating officer at Co-operatives UK
The COO role is a newly created position and Turton will work closely with secretary general Ed Mayo