All Finance articles – Page 167
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NewsThis secures biggest ever series A fundraise for UK plant-based brand
This plans to use the cash to support the rapid growth of the business, expand its R&D capabilities and bring to a pipeline of new products to the market.
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NewsCity Snapshot: Greggs sales recovery continues at stronger-than-expected pace
Greggs has continued to see customers flooding back to its stores in greater than expected numbers since the relaxing of coronavirus restrictions, the high street bakery chain said in an unscheduled trading update. Plus, Coca-Cola HBC acquires minority stake in premium Italian coffee company Caffè Vergnano.
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NewsMedia Bites 28 June: Ocado, Morrisons, Food shortages
A co-founder of Ocado has made a “significant payment” to settle a legal dispute with the FTSE 100 online grocer
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NewsCity News: Morrisons bid could be catalyst for rerating of supermarket stocks
The rejected £5.5bn CD&R bid promoted a share price surge across the sector
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NewsPub closures see annual sales tank at alcohol wholesaler LWC Drinks
Booze wholesaler LWC Drinks saw revenues plunge by 42% last year as it suffered from pub and leisure closures.
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News2 Sisters continues branded exit with bakery sale plan
Brands up for sale include Lancashire pie maker Holland’s and Irish sausage roll producer Portumna
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NewsWhitworths returns to profit following Covid sales boom
The dried fruit supplier has bounced back into profit as the boom in healthy snacking and home baking during the pandemic drove a 19% jump in sales
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Analysis and FeaturesWhat does £5.5bn takeover tussle mean for Morrisons?
Clayton Dubilier & Rice has form in UK retail. Is its bid likely to succeed, and what would the implications be for Morrisons and the sector?
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Analysis and FeaturesWhy did Pilgrim’s Pride pounce on Kerry’s meat business?
What made the deal a good fit for both parties? And what next?
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NewsHelloFresh makes first profit in UK amid rocketing demand
Meal kit giant HelloFresh made its first profit in the UK last year as booming sales during the pandemic led to increased profitability.
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NewsCity snapshot: UK consumer confidence holds firm in June
UK consumer confidence remained at its highest post-pandemic level during June, although concerns over rising inflation have affected sentiment over the country’s economic prospects.
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NewsMedia Bites 25 June: Deliveroo, Morrisons, Inflation
Deliveroo has won the latest battle in the long-running legal fight over the employment status of its riders
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NewsCity snapshot: Store estate expansion drives Pepco profit and sales growth
Newly listed Poundland owner Pepco Group has announced an increase in first half revenues and profits as the addition of new stores mitigated the impact of Covid shop closures and lower footfall in its UK stores.
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NewsMedia Bites 24 June: HFSS, Morrisons, GSK
It is much quieter in the papers this morning as the dust on the Morrisons story settles for now. The main story is that junk food adverts will be subject to a near total online ban and a 9pm television watershed by the end of next year.
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NewsMedia Bites 23 June: Morrisons, Grocery sales, DS Smith
MPs are preparing to intervene in a potential takeover of Morrisons
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NewsCity Snapshot: Krispy Kreme lines up $4bn IPO
Doughnut maker Krispy Kreme looks set to be valued at up to $4bn in an upcoming IPO in New York. Plus, Pernod Ricard upgrades profit expectations as pace of recovery quickens.
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NewsMycoprotein specialist Enough raises €42m to fund rapid growth
The vegan protein startup Enough has raised €42m (£36m) of new funding to scale up production
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Comment and OpinionMorrisons takeover: where’s the succession plan?
The potential retirement of David Potts and Andy Higginson puts a huge weight on heir apparent Trevor Strain in a takeover scenario
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NewsItsu sells stake to PE house Bridgepoint as grocery sales soar
Asian-inspired brand Itsu has sold a significant minority stake to PE firm Bridgepoint as sales of its grocery brand soars in supermarkets.
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NewsCity snapshot: Grocery sales slide on hospitality reopening
Grocery sales slipped back 1.6% in the 12 weeks to 13 June, according to Kantar, as the reopening of pubs and restaurants led to reduced spend at UK supermarkets.