Finance news – Page 548
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NewsMedia Bites 21 September: Megabrew, living wage, Ocado
The after-affects from last week’s big deal news continued to ripple through the papers at the weekend. There was also more fallout over the living wage, with the John Lewis chairman issuing a warning of its affects.
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NewsAnalysts react as AB InBev makes approach for SABMiller
There is no doubt what the biggest corporate story of the week was after AB InBev finally showed its hand on SABMiller
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News2 Sisters becomes the UK's biggest food and drink player
2 Sisters has become the largest food and drink player in the UK
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NewsChilled food businesses Senoble and Fresh-Pak seeking buyers
Two own-label chilled foods businesses have stuck up a for sale sign
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NewsLidl to pay the Living Wage Foundation minimum
Lidl will become the first British supermarket to pay workers the hourly rate set by the Living Wage Foundation
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NewsCity snapshot: Waitrose weekly sales fall 0.9%
Waitrose said sales fell 0.9% for the week ending 12 September
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NewsNatural Balance says healthy eating trend behind sales boom
Newly acquired Natural Balance Foods saw a 67% sales jump in the year before its buyout…
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NewsKerrygold butter sales in US boosted by grass-fed factor
Strong growth in the butter and cheese categories has put the US division of Irish dairy co-op Ornua on target
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NewsOcado ‘not worried’ by Amazon Fresh as sales beat forecasts
Ocado has declared itself unworried by the looming threat of Amazon Fresh after topping analysts’ sales expectations in the third quarter
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NewsCity snapshot: Crawshaw group sees “particularly strong” sales growth
Crawshaw Group has announced it expects to exceed market expectations
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NewsMedia Bites 17 Sep: AB InBev/SABMiller mega-deal
There’s only one story in town this morning as the papers pick through the bones of the potential merger of the world’s two largest brewers, after the confirmation of AB InBev’s approach for SABMiller.
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NewsJohn Moreira joins Fever-Tree as international director
Fever-Tree has appointed former Moët Hennessy director John Moreira to the new role of international director
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NewsSABMiller confirms ABInBev approach
SABMiller has this morning confirmed that ABInBev intends to make a proposal to acquire the UK-listed brewer
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NewsWorthington beers to be brewed under licence from Molson Coors
Worthington beers are to be brewed under licence from Molson Coors by consultancy Planning Solutions Limited
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NewsCity snapshot: Moody’s downgrades Morrisons
Morrisons recent miserable run has continued as ratings agency Moody’s downgrades the supermarket’s debt following the 35% decline in pre-tax profits reported by the group last week
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NewsMedia Bites 16 September: Tesco, Ocado, Subway, M&S
Tesco is turning up the heat in the battle to win more customers for its challenger bank
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NewsKellogg’s creates African joint venture
Kellogg Company has Kellogg’s has announced a partnership with leading food company Tolaram Africa to develop snacks and breakfast foods for the West African market.
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NewsProfits rise 4% at William Grant despite sales slide
Scottish spirits supplier William Grant & Sons saw annual profits climb by 4% in 2014 despite a 16% reduction in sales due to falling whisky exports and its decision to cut down its distribution of third party brands.
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NewsIan Gilmartin made Barclays corporate retail & wholesale boss
Barclays appoints new head of retail
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NewsOcado tops third quarter sales expectations
Ocado beat consensus sales expectations in its third quarter, growing retail sales by 15.3%