Finance news – Page 472
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NewsRaging deflation leads to OC&C 150 sales slump
The supermarket price war and the slump in commodity prices have resulted in sales falling
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NewsMPM sales driven up another 25% by pet pampering trend
The group drove revenues last year thanks to its first foray into TV advertising for the Encore brand
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NewsChristmas turkey dinner saved by Ranjit Singh Boparan deal
‘Chicken king’ Ranjit Singh Boparan rides to the rescue of Bernard Matthews to save Christmas dinner
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NewsRaging deflation leads to OC&C 150's first sales slump
The supermarket price war and the slump in commodity prices have resulted in sales falling for the first time since 2001
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NewsHain Celestial gets all-clear for Orchard House acquisition
Hain Celestial can finally takeover Orchard House after getting the green light to sell its UK own-label freshly squeezed fruit juice business to the owner of the Sunmagic juice and smoothie brand by deal regulators.
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NewsCoke bottler goes flat in wake of Brexit and poor weather
A lack of consumer thirst for Coke, poor weather, challenging consumer markets and the slump in sterling after Brexit combined to send sales backwards at Coca-Cola European Partners
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NewsTon Christiaanse to replace Phil Wieland as new Brakes UK CEO
Christiaanse will take up his role on 1 January and report to group CEO Ken McMeikan
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NewsBritish sparkling wine prices on the rise as demand grows
Supermarket prices for British sparkling wines are on the up as shoppers increasingly clamour for home-grown fizz
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NewsNew alliance formed to lobby on Brexit fishing policy
The PTF and FDF have partnered to launch the UK Seafood Industry Alliance
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NewsCity snapshot: Grocery listings help boost sales at Science in Sport
Sports nutrition specialist Science in Sport has grown revenues by 24% in the first half of the year, driven higher by international sales and new listings
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NewsMedia Bites 22 Sep: Majestic Wine, SABMiller, M&S
“Majestic Wine shares skid 33% on worst day ever”, writes The Financial Times (£) on a grim day for the UK’s largest specialist wine retailer.
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NewsSolina Group acquires Yorkshire-based sauce business New Ivory
French food supplier Solina Group has snapped up culinary sauce specialist New Ivory as it looks to grow its presence in the UK
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NewsBernard Matthews jobs pledge welcomed by Unite
Bernard Matthews will also start processing chickens as well as turkeys to fill spare capacity at its sites.
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NewsTesco drops minimum order charges for online shoppers
Tesco said the free next-day service would be available at 2,500 stores across the UK
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NewsMedia Bites 21 September: Bernard Matthews, Kantar/Nielsen, Co-op
The controversial pre-pack sale of Bernard Matthews to 2 Sisters owner Ranjit Singh Boparan makes the papers this morning, along with the latest grocery figures from Kantar and Nielsen.
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NewsProfits warning sends shares spiralling at Majestic Wine
Majestic Wine has issued a profit warning caused by problems at its commercial division and Naked Wines in the US
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NewsBernard Matthews sold in pre-pack administration to Ranjit Boparan
The deal safeguards 2,000 jobs, with all employees and agency staff all transferring across to the new owners, and the group will continue to trade as normal
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NewsPureCircle warns of volatility as US Customs troubles slows growth
Shares in the London-listed business sank 6.1% to 310p as CEO Magomet Malsagov warned there would be more volatility in the future.
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NewsTesco has made 'significant progress' on GCA, reports Tacon
Earlier this year the adjudicator investigation found Tesco guilty of systematic breaches of GSCOP
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NewsGreencore head of UK grocery steps up as new CFO
Greencore head of UK grocery Eoin Tonge will replace outgoing CFO Alan Williams. Nigel Blakey, FD of grocery division, will takeover from Tonge