Finance news – Page 451
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NewsBernard Matthews takeover wins competition authority approval
CMA has cleared the deal for Boparan Private Holdings to acquire the turkey giant and ended its investigation
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NewsSuppliers in distress as mults enjoy recovery, says report
The recovery of the supermarkets has piled increasing pressure on the supply chain
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NewsMeadow Foods sales plunge by 40% in run up to PE backing
Dairy processor Meadow Foods saw its sales drop by almost 40% last year as the plunging price of milk hit revenues
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NewsAddo Food Group profits soar as it turns around Kerry pastries
Sales and profitability have soared at Addo Food Group after it turned around the Kerry chilled savoury pastry business
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NewsBooths tops £10m sales mark after record-breaking Christmas
Booths reported strong growth in its online channel, with sales from home delivery and click & collect channels up by 6.9%
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NewsBernard Matthews pension scheme faces investigation
The trustees are working with the Pension Protection Fund to investigate a potential £40m funding shortfall
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NewsMarks & Spencer Christmas results: what the analysts say
M&S reported better-than-expected results over Christmas, with group sales up 5.9% in the 13 weeks to 31 December. But what did the analysts and retail watchers maker of it?
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NewsCity Snapshot: 'Super Thursday' brings solid festive updates from Tesco, M&S, Waitrose and more
Tesco has reported UK like-for-like growth of 1.4% in the 19 weeks to 7 January November as market share gains and volume growth boosted sales
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NewsMedia Bites 12 Jan: Sainsbury's/Argos, Lidl, Currencies
The papers this morning focus on the positive contribution of Argos to Sainsbury’s Christmas performance.
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NewsPoundstretcher sales and profits decline as estate shrinks
The business, owned by the Tayub brothers’ Crown Crest Group, closed 30 shops in the year to 31 March 2016 as part of its expansion strategy to more modern, larger sites.
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NewsLidl UK reports 10% sales boost over Christmas period
Lidl said its Christmas, ad which featured one of its turkey farms, helped boost sales of the bird by 40%
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NewsSpar UK reports strong sales but warns convenience is slowing
Spar said it aimed to draw in more customers by building on the success of fresh food sales
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NewsBest-one symbol group sales up almost 20%
New Bestway DC sees sales soar “as members get behind our fresh and chilled offer”…
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NewsMedia Bites 11 January: Morrisons, Premier Foods, Kantar, Majestic Wine, Spar
A Christmas cracker of a performance from Morrisons dominates the papers this morning, with room to report on price hikes at Premier Food, the return of inflation, a record Christmas at Majestic Wine and an upturn in sales at Spar.
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NewsCity snapshot: 'Good' Christmas for Sainsbury's as sales creep higher
Sainsbury’s hailed a “good” Christmas performance as sales in the 15 weeks to 7 January rose 0.8%, with like-for-like sales nudging up 0.1%
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NewsPureCircle shares sweeten 10% as shipments released by US Customs
The stevia producer said in a short statement to the London Stock Exchange that the consignments had been released after an extensive review of detailed documentation provided by PureCircle.
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NewsCotswold Raw dog food start-up seeks £250k from crowd
Premium dog food start up Cotswold Raw is chasing £250,000 from the crowd to expand its range, increase production and develop a cat recipe to double its customer base.
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NewsMars expands veterinary presence in $9.1bn VCA acquisition
Food giant Mars has swooped to expand its pet care business with the $9.1bn acquisition of VCA.
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NewsCo-op reports Christmas like-for-likes up 3.5%
The Co-op attributes success to investment in stores, focus on convenience and its heavyweight advertising campaign
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NewsChristmas sales uplift taken to the wire by shoppers
BRC/KPMG figures reveal week leading up to 25 December was “bumper period exceeding expectations”