Finance news – Page 489
-
NewsHilton Food Group eyes Portuguese joint venture
Hilton Food Group has signed an agreement with Portuguese food retailer Modelo Continente Hipermercados (Sonae) to supply retail packaged fresh meat into its stores.
-
NewsBooker sales squeezed by tobacco display ban and falling food prices
Booker revenues were hit by the tobacco display ban and continued food price deflation during the first quarter with like-for-like sales falling 2.9%.
-
NewsMedia Bites 6 July: Sainsbury's, Brexit, BHS
An update on the takeover of Argos owner Home Retail Group by Sainsbury’s yesterday picks up coverage in most papers this morning after the supermarket published a 188-page prospectus detailing how the merger would go ahead.
-
NewsFood price deflation deepens in June
The latest BRC – Nielsen shop price index for June revealed that food prices were down 0.8% last month
-
NewsSainsbury’s plays down impact of Brexit on Home Retail Group prospects
Brexit named as risk in deal prospectus, but Sainsbury’s confident can thrive in potentially ‘challenging’ environment
-
NewsEuro 2016 exit bigger blow than Brexit says Tesco's Tarry
“For us it’s been business as usual since the vote” says chief product officer
-
NewsFDF manifesto calls on government to end Brexit uncertainty
The six-point plan calls for assurances over the membership of the single market and freedom of movement
-
NewsNFU outlines blueprint for post-Brexit farming sector
Launch of most comprehensive public consultation on farming policy in a generation
-
NewsDekelOil completes West African palm oil deal
DekelOil Public (DKL) now owns 85.75% of CS DekelOil Siva
-
NewsMedia Bites 5 July: Sainsbury's/Netto, Diageo, Bernard Matthews
Sainsbury’s decision to call time on its Netto joint venture is heavily covered in the papers this morning.
-
NewsConsumer products firms hungry for deals
Consumer products and retail companies have the greatest appetite for mergers and acquisitions out of 19 sectors, a global survey by EY has found.
-
NewsMajestic Wine becomes accredited Living Wage employer
All 1,200 staff at the wine specialist will now be paid a minimum of £8.25 per hour, or £9.40 in London
-
NewsSainsbury's calls halt to Netto joint venture after two years
All 16 Netto stores are set to close next month
-
NewsC&D Foods buys French petfood producer Continentale Nutrition
C&D Foods has acquired French-owned pet food manufacturer Continentale Nutrition for an undisclosed sum.
-
NewsMedia Bites 4 July: Bernard Matthews, Hershey, Waitrose, Charlie Bigham's M&S, Brexit
Ranjit Boparan has been flagged as the front-runner in a flock of bidders for turkey supplier Bernard Matthews after private equity owner Rutland Partners put it up for sale.
-
NewsCity snapshot: Refresco bulks up finances for more deals
European drinks bottler Refresco Group has refinanced its €672m loan facility to help fund more acquisitions.
-
NewsWilko hails 'year of recovery' as sales grow for first time in three years
Wilko has halted three consecutive years of declining sales thanks to a “buoyant” Christmas and its growing portfolio of stores
-
NewsMixed picture for UK grocery revealed by latest market share data
The uncertain trading environment for UK grocers was compounded by the release this week of market share figures
-
NewsNisa beats profit forecast in “transformational year”
Highlights included a 6% increase in fresh sales to £201m while Heritage own label sales were up 7.9%
-
NewsOcado suffers rollercoaster as Brexit vote hammers market
Ocado shares leapt by 8% to 226p on Tuesday after it announced a 15% jump in first-half sales to £584m