Finance news – Page 476
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NewsTesco begins consultation over jobs with night shift workers
Tesco said the move was prompted by the need to focus staff shifts during the day and at twilight hours to improve service and availability
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NewsDelicious Alchemy appoints former Fiddes Payne boss as CEO
Gluten-free brand Delicious Alchemy has appointed former Fiddes Payne boss Iain Macpherson as its new CEO to take the business to the next level.
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NewsApplegreen food sales fuel profit growth
Growing food sales have fuelled a boost in profitability at petrol forecourt retailer Applegreen as the group builds on ambitions to expand in the food-to-go market.
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NewsLysa Hardy leaves Holland & Barrett as board restructures
Hardy has left to pursue other career opportunities
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NewsMedia Bites 6 September: M&S, Sainsbury's, Bayer/Monsanto
Marks & Spencer is the main focus of the papers this morning after it announced yesterday that more than 500 jobs will be cut at its head offices.
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NewsSummer sun and Rio success boosts food sales
Team GB’s Olympic gold rush and clear blue skies in August have helped food retailers put in their best performance for more than two years.
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NewsMarks & Spencer to cut 525 HQ staff
The proposals to make significant changes to its UK HQ structure follows a detailed review of the organisation
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NewsSainsbury's to open more Argos concessions and mini Habitats
The move will take the number of Argos digital concessions, which range from 1,000 sq ft to 5,000 sq ft, to over 30
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NewsJeremy Bradley to take over as Genius Gluten Free CEO
The former Kettle Foods MD will begin his new role on 16 October
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NewsCarr’s Group sells food division to Whitworths for £36m
Food and engineering group Carr’s has sold its food division, Carr’s Flour Mills, to fellow flour miller Whitworths for £36m.
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NewsMedia Bites 5 Sep: Morrisons, M&S, Poundland
Morrisons is set to reignite the supermarket price war this week when it slashes the cost of 160 everyday essentials.
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NewsNisa chairman Christopher Baker to step down
Baker, who has held the role since January 2013, will resign as chairman at the conclusion of the meeting on 29 September
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NewsIndie retail chain Proudfoot Group appoints two new board members
Business and retail development manager Marcus Proudfoot and buying and distribution controller Valerie Aston join board
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NewsFyffes shrugs off tough banana market to post 14.7% first half growth
Irish fruit importer Fyffes has announced a near 15% increase in first half sales driven by acquisitions and volume growth
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NewsMedia Bites 2 Sep: Pernod Ricard, Walmart, Monsanto
An American appetite for Irish whiskey has driven sales at drinks giant Pernod Ricard, which has reported strong growth in the United States
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NewsDiamond Foods completes its takeover of Metcalfe's Skinny
Diamond picked up a 26% stake in the premium popcorn brand in January, in a transaction thought to be worth more than £3m
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NewsMy Local owes unsecured creditors over £16m, KPMG report reveals
Nisa says it does not expect the administration “to have a material impact” due to insurance
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NewsThird quarter like-for-like sales down 1.8% at McColl’s
McColl’s Retail Group has reported a 1.8% rise in total sales in the 13 weeks to 28 August, but a 1.8% dip in like-for-like sales
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NewsMedia Bites 1 Sep: Tesco, Steinhoff/Poundland, M&S
The Tesco accounting scandal will continue to be investigated by the industry watchdog even though it has cleared the retailer’s former chief financial officer of wrongdoing.
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NewsTesco’s former finance boss no longer under FRC investigation
There was ‘no realistic prospect that a Tribunal would make an adverse finding in relation to the conduct” of McIlwee, the FRC said