All Finance articles – Page 167
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News
Media Bites 5 Jan: Iceland, Leisure stocks, Manufacturing
Iceland has revealed that more than one in 10 workers are currently self-isolating as staff shortages take a toll on business
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News
Supermarkets enjoy bumper Christmas despite Omicron fears
Grocery sales hit £11.7bn in December as shoppers splashed out on luxury items to celebrate Christmas. Plus, Andy Bond stands down as Pepco CEO.
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Food inflation spikes in December with price rises set to pick up speed in 2022
Food inflation hit its highest level since March 2019 in December, with fresh food seeing the largest rate of inflation in almost a decade.
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Media Bites 4 January: Veganuary, Müller, Boots
All of the news from this morning and the past few days as the new year gets underway.
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Analysis & Features
What’s the outlook for key food commodities in 2022?
How will climate, labour and fuel pressures affect prices of the likes of coffee, sugar, meat, rice and dairy?
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Analysis & Features
10 challenger brands that smashed their crowdfunding targets in 2021
From plant-based to meat snacks and CBD to canned wine, here are the start-ups that exceeded expectations during crowdfunding rounds in 2021
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News
City Snapshot: CBD brand Love Hemp launches Deliveroo trial for on-demand delivery
A Love Hemp virtual store, with the company’s full range of CBD oils, capsules and edibles, is now live on delivery app service.
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Media Bites 23 December: food shortages, Omicron, BrewDog, Parsley Box, Pret A Manger
Britons are many times more likely to have experienced shortages of food and fuel than people in half a dozen EU member states, according to a poll.
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Media Bites 22 December: Omicron, THG, Aldi, McDonald’s
Omicron continued to dominate the headlines this morning as Rishi Sunak succumbed to pressure from business leaders and announced more than £1bn in support for companies across the UK hit hardest by the pre-Christmas surge.
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City Snapshot: Parsley Box hires former John Lewis exec as managing director
DTC meal delivery firm Parsley Box has created a managing director role to free up CEO Kevin Dorren to focus on strategic growth opportunities. Plus, General Mills warns of significant input cost inflation and elevated costs related to supply chain disruptions in Q2.
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Farmdrop staff weigh up legal action following collapse
Staff at failed online grocer Farmdrop are considering taking legal action against the company amid allegations it failed to properly consult employees during the redundancy process
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City Snapshot: Naked Wine expands distribution footprint in the US
Naked Wines has increased its distribution across the US with the addition of the state of Alabama to its footprint in the country.
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News
Media Bites 21 December: Omicron, McVitie’s, GSK, BrewDog
Fears of renewed restrictions caused by the Omicron variant occupy the papers this morning.
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News
Camden Town Brewery losses rise despite supermarket sales increase
Volumes in the off-trade almost doubled in the year ended 31 December 2020. However, these sales were not enough to offset the lost trade at pubs, restaurants and other foodservice venues.
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Media Bites 20 Dec: Dave Lewis/GSK, M&S, Farmdrop
Sir Dave Lewis, the former Tesco chief, will this week be appointed to lead the £40bn separation of GlaxoSmithKline’s consumer healthcare arm
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News
Ex-Tesco boss Dave Lewis to lead GlaxoSmithKline £40bn consumer arm spin-out
GSK confirmed Lewis would take up the role of non-executive chairman designate of the new consumer healthcare company from 1 January 2022.
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News
Yeo Valley profits rise as demand for health-focused yoghurt soars
Newly filed accounts for Yeo Valley Production for the year to 30 May 2021 showed sales were up 5% to £265m
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News
City News: Mixed news from Ocado as growth falls below expectations
Ocado initially surged to the top of the FTSE 100 risers on Wednesday as news broke of a legal ruling in its favour against Norway’s AutoStore
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Analysis & Features
As Carlsberg ditches London Fields, is the craft beer boom over?
When Carlsberg snapped up trendy London Fields in 2017, craft beer was booming. So what does its sale tell us about the market in 2021?
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News
Online grocer Farmdrop cancels Christmas deliveries as it falls into administration
Online grocer Farmdrop has ceased trading after failing to secure the funding needed for its survival, The Grocer has learned