Finance news – Page 531
-
NewsCity snapshot: Black Friday fails to boost November retail sales
UK retail sales decreased 0.4% on a like-for-like basis from November 2014, according to the latest figures from the BRC-KPMG Retail Sales Monitor, plus all the latest news from the City.
-
NewsTwo-thirds of fmcg and retailer companies eye 2016 acquisitions
Some 66% of fmcg and retail executives said they would actively look for M&A opportunities next year
-
NewsMedia Bites: UK retail sales, WH Smith, Keurig
Most of the papers this morning have a story about the failure of Black Friday to boost retailers’ sales figures.
-
NewsMark Aylwin to leave Booker to run Matthew Clark
Bargain Booze owner Conviviality has poached Booker exec Mark Aylwin to run recently acquired wine wholesaler Matthew Clark.
-
NewsGousto raises £9m to fuel next stage of growth
Recipe box delivery business Gousto has raised £9m in funding to strengthen its team, broaden the sales reach and expand the range.
-
NewsWH Smith boss lands 12% pay rise as profits blossom
WH Smith hands CEO a bumper pay rise of 12.3% to take his salary to £550k to compensate for a pay package which had fallen to “uncompetitive” levels.
-
NewsMedia Bites 7 Dec: Mondelez, McDonald's, business rates
Cadbury owner Mondelez International comes under the media spotlight as it is revealed to have paid not corporation tax in the UK since 2010.
-
NewsCity snapshot: Conviviality poaches Booker exec to head up Matthew Clark
Bargain Booze owner Conviviality has appointed Booker executive Mark Aylwin to run the Matthew Clark business it acquired earlier this year.
-
NewsDaloon owner sells up in face of heated competition
Danish ethnic frozen food producer Daloon – and its UK subsidiary – is set to be snapped up by a Dutch private equity-backed rival.
-
NewsMorrisons exits FTSE 100 as share price continues to fall
After clinging on by its fingernails this year, Morrisons finally succumbed to the weight of its falling share price
-
NewsGraze secures Tesco Express listings as healthy snacks boom
The snack producer this week added listings in more than 1,000 Tesco Express stores
-
NewsMedia Bites 4 Dec: John Lewis, McDonald's, JD Wetherspoon
The papers take a look at a record sales week for John Lewis, tax troubles for McDonald’s and a cyber attack at JD Wetherspoon.
-
NewsCity snapshot: Statestrong Products to continue after rescue deal
Administrators of health and household goods company Statestrong Products have set up a rescue deal for the business as a going concern, The Grocer can reveal.
-
NewsStatestrong secure as Croatian group Wachem steps in
The Lancashire-based health and household goods company has been rescued from administration by Croatian consumer products
-
NewsPeroni and Grolsch sale set to trigger bidding war by rivals
AB InBev’s sale of three premium SAB Miller beer brands has been predicted to trigger “a hotly contested auction”
-
NewsBelazu-Fresh Olive merger aims to double retail sales
Mediterranean food brand Belazu has been merged with its trade arm Fresh Olive as part of a strategy
-
NewsMüller unveils post-merger leadership team for milk business
Andrew McInnes will head the milk and ingredients division, following the acquisition of Dairy Crest’s milk business
-
NewsSABMiller confirms Peroni, Grolsch and Meantime are for sale
SABMiller confirmed to the market this morning that AB InBev intends to explore sale of its premium European brands
-
NewsMedia Bites 3 Dec: Tesco, Greene King, British American Tobacco
Losses at Tesco’s Giraffe restaurant business have ballooned to £4.1m after it opened new outlets and wrote down the value of some existing sites
-
NewsTesco's Dunnhumby records 9% profits drop despite acquisition-driven revenue growth
Tesco’s data arm Dunnhumby has reported a 9.1% fall in full-year pre-tax profits for the year to 28 February 2015, despite acquisitions driving 27% growth in revenues.