Finance news – Page 495
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Molson Coors agrees rights deal for Bavaria beer brands
The agreement will cover Bavaria’s portfolio of brands in the UK
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Chicken sales soar on back of price cuts
Chicken sales are outpacing the wider fresh meat & poultry category
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Amazon Fresh: what the analysts say
Our round-up of reaction from leading retail and city analysts
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City snapshot: Amazon pulls trigger on UK grocery launch
Amazon has launched its much anticipated Amazon Fresh grocery delivery service in the UK - plus PZ Cussons’ European growth helps negate African troubles and the market looks favourably on Sainsbury’s first quarter like-for-like sales drop.
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Media Bites 9 June: Amazon Fresh, BHS, Sainsbury's
“Amazon Fresh launches assault on UK supermarkets” is the headline in The Telegraph this morning on the news that Amazon is launching grocery deliver in 69 post codes across London.
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Amazon Fresh grocery delivery service goes live in the UK
The service, previously only available in the US, will come at a standard monthly price of £6.99 for unlimited deliveries on orders over £40
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WH Smith shares fall despite Q3 sales rise
Sales at WH Smith have increased 2% in the third quarter thanks to continued growth at the retailer’s travel division.
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Sainsbury's Q1 results: what the analysts say
Retail and city experts take sceptical view of supermarket’s upbeat Q1 statement
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Media Bites 8 June: Asda, United Biscuits, Amazon Fresh
Reaction to news that Andy Clarke is preparing to hand over the reigns at Asda; United Biscuits owner is planning London IPO; and more rumours about the timetable for the UK arrival of Amazon Fresh.
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Sainsbury's like-for-like sales fall in Q1
Like-for-like sales tumble 0.8% at Sainsbury’s, with total retail sales up just 0.3%
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United Biscuits owner eyes London IPO after launch of global snacks firm Pladis
Yildiz Holding aims to launch a FTSE 100 listing within the next five years after unveiling its new global snacks company Pladis
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Refresco rebrands as it eyes global expansion
Refresco Gerber has rebranded following the successful integration of the Refresco and Gerber juice businesses.
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C&C Group signs Singapore distribution deal for Magners
C&C Group has grown its global distribution for Magners after signing a partnership with ThaiBev subsidiary InterBev in Singapore.
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Food sales show best momentum since October
Overall UK retail sales increased by 0.5% on a like-for-like basis from May 2015
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Media Bites 7 June: BHS, Retail sales, Asda
Calls for more investigations into the collapse of BHS dominate the headlines once more today.
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Premier Foods CEO Gavin Darby opts to receive annual bonus entirely in shares
Premier Foods CEO Gavin Darby opted to receive the entirety of his £599k annual bonus in shares, the company’s newly released annual report has revealed
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Conviviality appoints former Carlsberg UK boss as MD of trading division
Lousada was in charge of Carlsberg UK from January 2014 to October 2015
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Tesco predicts Ramadan sales of up to £30m
10kg bags of rice are expected to sell at rate of 4,000 a day
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Media Bites 6 June: Sainsbury's, M&S, Asahi, Diageo, BHS
The weekend was dominated by the fallout of the final collapse of BHS, but there was still room for a preview of the upcoming Sainsbury’s Q1 results.
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City snapshot: Walmart fighting talk sends UK supermarket shares spiralling
Aggressive talk from Asda owner Walmart about plans to turn up the heat in the UK price war sent investors running from supermarket stocks.