Finance news – Page 518
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NewsCafédirect targets fruit and herbal tea market with London Tea Co acquisition
Ethical hot beverages producer Cafédirect has expanded its tea portfolio with the acquisition of The London Tea Company from Finlay Beverages for an undisclosed sum
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NewsGreat Bear Distribution appoints Alastair Isbister CEO
Isbister will report to Thomas van Mourik, CEO of Great Bear Distribution’s owner Culina Group…
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NewsAmazon trademark applications indicate checkout-free plan for UK
The online retailer filed a trademark for the slogan ‘Every queue is a defect’ on 11 May
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NewsRetailers braced for consumer confusion over new tobacco laws
A poll of 130 retailers by Palmer & Harvey found 60% did not believe smokers were aware of the changes
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NewsCity snapshot: Co-op members target packaging waste and modern slavery at AGM
Co-op members voted overwhelmingly to focus further on tackling modern slavery and packaging waste at this weekend’s Annual General Meeting.
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NewsMedia Bites 22 May: McColl's, Tesco/Booker, M&S, Unilever, Coca-Cola
McColl’s CEO Jonathan Miller is eyeing a possible takeover of Tesco’s One Stop chain if the supermarket has to sell assets to get its Booker merger passed the CMA. Plus, the papers focus on the upcoming M&S results.
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NewsDavid Milner leaves Amplify in management shake-up
Stuart Telford, senior vice-president of global operations, has also left the business
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NewsPremier Foods targets 'balanced' strategy as shares collapse
Premier Foods pacified investors with promises of super-charged growth driven by its partnership with Nissin Foods
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NewsFood and drink deal volumes slump as Brexit pressures hit
Food and drink deal volumes have slumped to the lowest level for more than two years in the first quarter of 2017
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NewsTribe smashes funding target and eyes supermarket listings
Ambitious startup Tribe aims to build Europe’s biggest sports nutrition brand by 2025
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NewsBuoyant Booker defies Tesco deal distraction talk
Tesco’s proposed £3.7bn takeover of Booker has not distracted the wholesale giant as it delivered a 15% growth in pre-tax
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NewsWhitworths bailed out in £15m takeover by Turkish supplier
New Turkish owner Anatolia is “well aware of the challenges facing Whitworths”
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NewsMedia Bites 19 May: Asda, Marston's, Mintel
Asda’s tentative recovery in its QI results was the main talking point of this morning’s papers …
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NewsFeel Free collapses as questions raised over finance history
The directors of gluten-free food maker Feel Free are facing bankruptcy proceedings
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NewsCity snapshot: Feel Free directors facing bankruptcy proceedings
The directors of gluten-free food maker Feel Free, which raised hundreds of thousands of pounds via crowdfunding, are facing bankruptcy proceedings .. while new Turkish owner Anatolia is confident it can turnaround struggling dried fruit and nuts supplier Whitworths, plus all the other city news
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NewsDairy Crest profits rise 5% despite sales slump
CEO Mark Allen describes interim results as a ‘robust performance in a tough market’
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NewsAsda sales fall 2.8% but Clarke insists fightback momentum is building
Parent company Walmart released its figures for the first quarter of 2017 today
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NewsPoultry sales help boost Moy Park revenues by 6.6%
Quarterly results posted by the JBS-owned processor this week showed year on year revenue growth of £22.9m to £370.4m
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NewsCity snapshot: Booker profits up 15% ahead of Tesco buyout
Tesco-bound Booker saw pre-tax profits rise 15% in its full financial year, driven by rising non-tobacco like-for-like sales growth. Plus, all the rest of the latest news from the City
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NewsMedia Bites 18 May: Nestlé, Co-op, Coca-Cola
Nestlé has been foiled once again in its long-running bid to trademark the shape of KitKat, its four-fingered wafer bar.