Finance news – Page 449
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NewsMedia Bites 11 April: High street closures, Vivo, Hershey
“Crisis on the high street”, trumpets The Daily Mail, which highlights a report by PwC showing 16 stores closed every day last year
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NewsBrewDog buys 'urban cider' brand Hawkes for undisclosed sum
Hawkes’ founder Simon Wright will remain at its helm and existing staff retain their roles…
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News2 Sisters pledges 90% recyclable plastic packaging by 2020
The company said the move would almost double the amount of recyclable packaging used in its supply chain, which currently stands at 47%
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NewsSainsbury's pay deal will 'hugely impact' brand perception
Proposed new contracts would remove paid breaks and performance-related bonuses
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NewsFood sales jump drives 1.4% retail sales growth in March
The latest BRC-KPMG Retail Sales Monitor shows UK retail sales increased by 1.4% in March on a like-for-like basis, driven by a 4.2% jump in like-for-like food sales.
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NewsMedia Bites 10 April: Iceland/Palm oil, Waitrose, Retail sales
The environment gets a heavy dose of coverage this morning with the news that Iceland has pledged a crackdown on palm oil by removing it from its own-brand food by the end of the year to become the first British supermarket to do so.
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NewsMore Brits worry about plastic than Brexit, new survey finds
More than eight out of 10 of respondents (82%) said they supported plans for a plastic bottle deposit scheme
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NewsMorrisons cuts prices across more than 250 Savers items
Morrisons said the relaunch was aimed at “keeping shopping simple and saving customers money”
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NewsBig brands win back space in Tesco BWS boost
Heineken has seen it’s presence further restored in the retailer, with previously delisted brands back on shelf…
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NewsConviviality confirms £7.25m retail sale to Bestway
Stricken Conviviality has confirmed the £7.25m sale of Conviviality Retail to Bestway, including the Bargain Booze, Select Convenience, Wine Rack and Central Convenience chains.
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NewsMedia Bites 9 April: Tesco, Bestway/Bargain Booze, Sugar tax, Pret
Tesco boss Dave Lewis “pressed on merits of Booker tie-up” as it prepares to issue its annual results, writes The Times (£).
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NewsFortified wine sales plunge but Buckfast growth stays buoyant
The past 12 months has seen significant declines for eight of the UK’s nine biggest fortified wine brands
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NewsFisherman's Friend maker reports 45% drop in profits
The company grew sales by 0.7% to £51.6m in the year to 31 December 2017
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NewsMRH profits up ahead of Motor Fuel Group takeover
MRH has reported a double-digit rise in sales and profits for the year to 1 October 2017
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NewsGrocemania delivery startup seeks £100k from the crowd
The delivery platform wants cash in return for 13.3% of its equity
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NewsHeineken reclaims Tesco shelf space after 2017 cull
The brewer has gained 11 new listings since the end of January
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NewsCity snapshot: Conviviality confirms C&C Group wholesale deal
Conviviality put out a statement after hours confirming it had sold its Conviviality Direct business to C&C Group after putting the division into administration with PWC. Plus, Ahold Delhaize CEO to step down and all the latest news from the City.
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NewsMedia Bites 5 April: Conviviality, Grocery market share, Accolade Wines
The events around Conviviality, not surprisingly, attracts widespread coverage this morning as C&C Group buys its wholesale business from administration.
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NewsC&C Group completes Matthew Clark and Bibendum rescue
Magners owner C&C Group has completed a deal to assume full ownership of the Matthew Clark and Bibendum wholesale businesses belonging to beleaguered Conviviality.
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NewsNew executive team at pork producer F A Gill
THe Wolverhampton-based business has introduced three new department head roles in a bid to develop its “strategic direction”