Finance news – Page 544
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NewsMash Direct profits boost as awareness outside of Northern Ireland grows
Northern Irish convenience food manufacturer Mash Direct has increased profits five-fold thanks to a rise in sales driven by growing consumer awareness of the brand outside its domestic market.
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NewsHilton Food Group to deliver results 'ahead of expectations'
Meat packer benefits from positive foreign currency conditions and sales growth in number of markets
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NewsCity snapshot: High street sees first Christmas footfall rise in five years
Continuing the surprisingly strong festive retail results of last week, the BRC – Springboard footfall numbers for December have found the first festive rise in high street footfall for five years. Plus a look at the week ahead and all the latest news from the City.
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NewsMedia Bites 16 Jan: Bakkavor, Supermarket results, Inflation
Bakkavor, a top supplier of Marks & Spencer ready meals is leading a pack of British companies heading for a London stock market float, according to The Times (£)
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NewsFreddo bar set for 20% price increase as cocoa prices rise
Move is a “last resort” to manage costs, insists Mondelez
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NewsFortnum & Mason sales soar 16% over Christmas
The luxury brand reported a 22% year-on-year increase in online sales in the five weeks to 1 January
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NewsMedia Bites 13 December: Tesco, M&S, Primark, John Lewis, Waitrose
‘Super Thursday’ provides the papers plenty to chew over, with most of the Christmas trading updates finding space on the page.
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NewsCity snapshot: Kerry pastry deal boosts Addo Food Group
Sales and profitability have soared at Addo Food Group after it turned around the performance of the chilled savoury pastry business acquired from Kerry Foods in August 2014.
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NewsCook reports record rise in Christmas sales
Cook reports strong growth in its 87 shops of just under 6%, so “still believes in the high street”
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NewsFood Retailer Group plans to close 12 Budgens stores
Staff will face “difficult and troubling time”, says Usdaw
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NewsBernard Matthews takeover wins competition authority approval
CMA has cleared the deal for Boparan Private Holdings to acquire the turkey giant and ended its investigation
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NewsSuppliers in distress as mults enjoy recovery, says report
The recovery of the supermarkets has piled increasing pressure on the supply chain
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NewsMeadow Foods sales plunge by 40% in run up to PE backing
Dairy processor Meadow Foods saw its sales drop by almost 40% last year as the plunging price of milk hit revenues
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NewsAddo Food Group profits soar as it turns around Kerry pastries
Sales and profitability have soared at Addo Food Group after it turned around the Kerry chilled savoury pastry business
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NewsBooths tops £10m sales mark after record-breaking Christmas
Booths reported strong growth in its online channel, with sales from home delivery and click & collect channels up by 6.9%
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NewsBernard Matthews pension scheme faces investigation
The trustees are working with the Pension Protection Fund to investigate a potential £40m funding shortfall
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NewsMarks & Spencer Christmas results: what the analysts say
M&S reported better-than-expected results over Christmas, with group sales up 5.9% in the 13 weeks to 31 December. But what did the analysts and retail watchers maker of it?
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NewsCity Snapshot: 'Super Thursday' brings solid festive updates from Tesco, M&S, Waitrose and more
Tesco has reported UK like-for-like growth of 1.4% in the 19 weeks to 7 January November as market share gains and volume growth boosted sales
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NewsMedia Bites 12 Jan: Sainsbury's/Argos, Lidl, Currencies
The papers this morning focus on the positive contribution of Argos to Sainsbury’s Christmas performance.
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NewsPoundstretcher sales and profits decline as estate shrinks
The business, owned by the Tayub brothers’ Crown Crest Group, closed 30 shops in the year to 31 March 2016 as part of its expansion strategy to more modern, larger sites.