Finance news – Page 584
-
NewsMedia bites 27 February: B&Q, David Potts, British American Tobacco
The supermarkets are not the only retailers turning the screw on their supply chain
-
NewsCity snapshot: Fyffes plans more M&A activity after Chiquita deal collapse
Irish banana importer Fyffes saw a small increase in full year revenues last year as it faces life as an independent company, plus Waitrose’s latest sales figures, New Britain Palm Oil results and all the latest news from the City.
-
NewsIglo Group 'repositions' to deal with fall in frozen sales
Birds Eye owner Iglo Group was hit by declining sales last year as increasingly tough conditions in the frozen sector…
-
NewsFlavourly trusts in the crowd after turning down the dragons
Flavourly, a gourmet food and drink subscription company which turned down four investment offers from the BBC’s Dragons’ Den, is aiming to raise £300k via crowdfunding.
-
NewsWhole Foods Market’s UK losses halve amid booming sales
The UK arm of US grocery chain Whole Foods Market has cut its annual pre-tax loss by almost half as its sales increased by a quarter last year.
-
NewsBestway sees 22% increase in delivered sales, outstripping Londis
Bestway said it had clocked up delivered sales of more than £650m in retail in the past year for the first time
-
NewsMedia Bites 26 February: Morrisons, Dave Lewis, Mark Price
David Potts’ appointment as Morrisons’ new CEO dominates the business headlines.
-
NewsCity snapshot: AB InBev announces $1bn share buyback and dividend hike
The world’s largest brewer AB InBev (ABI) has announced a $1bn share buyback programme and predicted that its beer volumes will rise in 2015. Plus, British American Tobacco’s sales decline beats expectations, Morrisons shares rise and the all the other latest news from the City.
-
NewsSports nutrition drives Glanbia's 6.9% annual revenue boost
Irish sports nutrition and ingredients group Glanbia has reported a fifth consecutive year of double-digit earnings growth.
-
NewsTesco has '75% chance' of successful recovery, report claims
The report by Bernstein claims that the UK’s biggest retailer is in the “recovery on track zone”
-
NewsOrganic food bucks trend with sales growth
Organic food sales continued to grow in 2014, despite an overall fall in food prices and food spending
-
NewsMorrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.
-
NewsCity Snapshot: Analysts hail the appointment of Morrisons CEO David Potts
Morrisons appoints David Potts as its next CEO, sending shares upward; Glanbia reports strong year-end figures; and Supergroup CFO leaves after being declared personally bankrupt. Plus all the latest share price moves.
-
NewsMedia Bites 25 February: FTSE 100, NFU conference, organic food
The FTSE ended up 37.5 points at 6,949.6, above its previous record of 6,930, and also set a new intra-day high of 6,958.9, surpassing the previous figure of 6,950.6
-
NewsKerry Foods snaps up UK hot dog seller Rollover
Irish food group Kerry Foods has signed a deal to buy the UK’s largest premium hot dog seller Rollover Hot Dogs.
-
NewsKerry Group share price falls as sales decline
Shares in Irish food giant Kerry Food are down more than 2% so far today to €63.05 after it posted a 1.4% decline in revenues in 2014.
-
NewsCo-operative Party campaigns to keep financial support from The Co-op Group
Co-op Group puts support to AGM vote after poll reveals lack of awareness and support for group’s donations
-
NewsKerry Group posts solid results as it meets market expectations
Underlying revenues climb 2.4% too €5.8bn at Kerry Group despite challenging trading environment; and shares spike at butchery chain Crawshaw Group as it upgrades full-year expectations.
-
NewsMedia Bites 24 February: Food production crisis, BAT, ABF
Worries about the UK’s self-sufficiency dominate the newspapers this morning
-
NewsProduce World restructuring plan puts hundreds of jobs at risk
A proposed joint venture between the vegetable grower Produce World Group and Lincolnshire Field Products has put up to 340 jobs at risk.