Finance news – Page 90
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NewsChapel Down CEO Andrew Carter quits to join brewer Timothy Taylor
Carter will continue to lead Chapel Down until the appointment of a new CEO in the first half of 2025
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NewsMedia Bites 3 September: Harrods, Aldi, students
The accounts for Harrods’ year to February 2024 are in
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NewsCity snapshot: Retail sales pick up but consumer confidence remains ‘fragile’
Both sales and volumes in grocery saw an uptick in August
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News‘Chicken King’ Ranjit Singh offloads Euro poultry business to Boparan Private Office
The sale of the business to Boparan Private Office is subject to approval by Polish anti-trust authorities and is due to complete later this month
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NewsAsda Rewards launches Cashpot for Schools scheme to raise millions
The ‘bold new initiative’, which launches today, sees all 22,000 state funded primary schools in the UK given £50 by the supermarket and an extra £1 whenever a shopper selects the school on the Asda loyalty app
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NewsMedia Bites 2 September: Iceland, M&S, Post Office
Iceland’s executive chairman is calling for new laws to allow publiishing of thieves’ images
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NewsCity snapshot: ‘Mixed picture’ for private sector with consumer-facing businesses ‘still struggling’
Growth is mostly expected to come from the UK’s services sector
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NewsSamworth Brothers records £22.5m hit from Revolution Kitchen closure
Operating profits at Samworth Brothers fell by 22.2%, to £20m as a result
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NewsCity snapshot: ‘Softening trends’ lead Brown-Forman to miss quarterly sales and profit forecasts
The Jack Daniel’s maker’s sales were down 4% on an organic basis in the three months to 31 July
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NewsMedia Bites 30 August: Sainsbury’s/Homebase, shoplifting, four-day work week
Sainsbury’s is planning to snap up 10 Homebase stores in a move that could creat 1,000 jobs
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NewsFirst Milk delivers big profit boost in ‘healthy’ 23/24 results
First Milk put its strong showing down to improvements in its underlying performance over the past three years
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NewsSupply chain tech darling Zeus expects to rake in £30m by 2024
The company, launched in 2020, was expecting a ‘momentous year’, its founder said
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NewsCity snapshot: Pernod Ricard hails ‘robust’ performance despite full-year sales decline
The group’s full-year sales for the year to 30 June were down 1% organically to €11.6bn
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NewsMedia Bites 29 August: Wetherspoons, fuel, tobacco off the shelves
Wetherspoons has hit back at calls for a limit on drinks purchases in airports
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NewsArla hails branded performance in ‘robust’ half-year results
The dairy co-op said volume-driven revenue growth increased by 4.1% globally and by 11% in the UK
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NewsNaked Wines appoints Mind Gym’s Dominic Neary as CFO
Neary helped Mind Gym return to profitability during his near-three year stint as CFO
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NewsHilltop Honey agrees £10m banking package to back overseas expansion
The funding package from Santander UK will allow the British honey brand to hold more stock, drive recruitment and accelerate growth
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NewsCity snapshot: Naked Wines making ‘real progress’ on turnaround despite widening losses
Revenues at the embattled business also continued to slide
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NewsMedia Bites 28 August: Next, vapes, plant-based meat
Thousands of store staff at the retailer Next have won a six-year fight for equal pay in a tribunal ruling that will be closely watched by supermarkets
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NewsBritvic shareholders vote in favour of £3.3bn takeover by Carlsberg
Over 99% of votes cast were in favour of the transaction proceeding