Finance news – Page 501
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NewsMedia Bites 10 May: Greggs, BHS, HMV, Tesco
Despite a strong first quarter Greggs was overshadowed in this morning’s papers by the ongoing reporting on BHS.
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NewsCity snapshot: Retail sales hit by cold April weather and lack of consumer spending
High street sales show biggest slump for eight months in April
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NewsBonds records another year of sweet growth
Sales growth has accelerated at Bonds of London as its range of humbugs, bon bons and sour sweets and jellies increase in popularity.
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NewsThatchers grows cider sales despite lack of fizz in the market
Thatchers has continued to outperform a stagnating cider market for a sixth successive year, although the rate of growth has slowed at the brand.
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NewsThe Southern Co-op to open 20 food stores this year
Retail sales at society were 4.7% for the year to 30 January
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NewsGreggs flat white helps Q1 sales growth
Greggs has reported a strong start to the year with like-for-like sales growing 3.7%
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NewsCity News: Sainsbury's silver lining fails to impress the City
Pre-tax profits of £584m were a good way above market consensus of £574m for Sainsbury’s
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NewsElizabeth Shaw sold to Polish confectioner Colian Holding
UK chocolatier Elizabeth Shaw has been acquired by Polish confectionery group Colian Holding
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News'Transformed' Karro bounces back into the black
Karro Food Group has returned to profit after a turnaround plan “fully transformed” the British pork supplier
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NewsMinistry of Cake sees profits rocket under PE ownership
Profits have soared at Ministry of Cake in its first full year under new ownership
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NewsMedia Bites 6 May: Morrisons, Hotel Chocolat, BHS, Reckitt Benckiser
Morrisons first quarter results and the successful float at Hotel Chocolat are the two main focus on the retail beat this morning, as well as the ever-ubiquitous BHS.
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NewsCity snapshot: Deflation at big four falls back to record levels
Supermarket prices have fallen back to their record level of -2.9% across the big four
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NewsLakeland Dairies acquires Fane Valley dairy division
Cross-border deal replaces earlier joint venture plan
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NewsHotel Chocolat proves hit with investors in £167m float
Hotel Chocolat has completed its flotation on London’s AIM exchange with investors flocking to the luxury chocolatier and pushing the valuation past the £150m forecasts.
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NewsSausage supplier Finnebrogue aims to hit £100m sales
The company has built a new 160,000 sq ft sausage processing plant
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NewsMorrisons’ first quarter like-for-likes up 0.7%
Morrisons records second consecutive quarter of like-for-like sales growth
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NewsMedia Bites 5 May: Sainsbury's, BHS, ABInBev
Sainsbury’s warns it expects the market to remain competitive for the “foreseeable future”.
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NewsCigarette makers blast EU Court of Justice over tobacco directive
Philip Morris International, British American Tobacco and Imperial Brands had challenged legislation
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NewsThe Co-operative Group sales rise 3% but Lidl remains fastest grower
Total supermarket volumes were up 1% in line with population growth
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NewsHalewood adds Liverpool Gin to spirits portfolio
The acquisition forms part of the company’s “continued expansion plans”