Finance news – Page 473
-
NewsMedia Bites 20 Sept: Bernard Matthews/2 Sisters, Finsbury Food Group, Dairy Crest
The chairman of the parliamentary committee that investigated the collapse of BHS is calling on the Pensions Regulator to investigate the takeover of turkey producer Bernard Matthews.
-
NewsCity snapshot: UK supermarkets continue sales recovery
The UKs leading supermarkets experienced two consecutive months of growth for the first time in more than two years, according to Nielsen retail performance data released today
-
NewsDairy Crest shares fall as rising cream prices to squeeze butter profits
Dairy Crest first-half volumes improve but the processor warned profits will come under pressure this year as rising prices hit butter margins.
-
NewsReal Good Food targets US growth in turnaround bid
Real Good Food is targeting the US, Canada and the wider Americas in a bid to turnaround ailing sales at the bakery and cake decoration group
-
NewsJJ Food Service bolsters fish & chip offering with Sykes deal
The deal covers the existing Sykes customer base, goodwill and staff in the delivery division
-
NewsFinsbury Food Group sales continues to soar
Finsbury Food Group sales jumped another 24.8% to £319.7m in the 53 weeks to 2 July thanks to the Fletchers and Johnstone’s deals.
-
NewsMedia Bites 19 September: Diageo, McDonald's, Butcher's Pet Care
Guinnes owner Diageo is sharpening the axe for its London HQ; McDonald’s faces a potential order from the EU to pay $500m in back taxes; and Butcher’s Pet Care invests £17m to expand its factory on the back of booming trade.
-
NewsFruit Bowl sales fall on tough trading environment
Sales tumbled 11% at snacking brand Fruit Bowl in 2015 as volumes declined in the challenging grocery market.
-
NewsKraft Heinz puckers up for 'emotional' Love Soup campaign
Kraft Heinz is set to spend £10.6m to drive ‘category reappraisal and emotional engagement’ in canned soup
-
NewsMüller to invest an extra £100m in UK dairy operations
Müller is set to plough £100m in investment into its operations, NPD and marketing over the next 18 months
-
NewsMorrisons impresses the market as Ocado is hammered
Morrisons improved its second quarter like-for-like excluding fuel sales performance to 2% from 0.7% in the first quarter
-
NewsMedia Bites 16 September: Morrisons, Waitrose, Booker
There is plenty of coverage in this morning’s papers on the recovery at Morrisons.
-
NewsCity snapshot: Quorn sales overcome "sluggish" UK market
Quorn grows sales in the face of tough UK market, but sales growth slows year-on-year. Plus, new CFO at Moy Park and Morrisons shares soar on better than expected results.
-
NewsCrawshaw shares crash as price wars hit meat category
A slowdown in trading at Crawshaw and aggressive price cuts by the supermarkets has seen shares in the value butchery chain sink 43% today.
-
NewsWaitrose to 'turbocharge' investment in stores as sales drop
The retailer was hit by a £25m property writedown on seven supermarkets it no longer plans to open
-
NewsTulip to be split into four as part of radical restructure
New CEO Steve Francis admitted the business had “lost its edge”
-
NewsBooker gets Budgens/Londis boost
Booker sales surged 15.2% in Q2 but the tobacco display ban remains a drag on performance
-
NewsBrothers sales slow in 2015 but output grows
Joint MD Matthew Showering expects revenues to surge in 2017 when the new high-speed bottling line, which doubles capcity to 400 million bottles a year, becomes operational.
-
NewsONS sees no post-Brexit dip in consumer confidence despite August sales fall
Food retailers made a particularly strong contribution to growth
-
NewsThe Yorkshire Meatball Co launches crowdfunded trio
The restaurant raised £130,650 via Crowdcube earlier this year