All Finance articles – Page 168
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NewsNurture Brands to acquire premium coconut water Jax Coco
The deal would help Nurture Brands accelerate its business growth and offer an ‘exciting springboard into Asia’, it said
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NewsCity snapshot: Black Friday drives retail recovery in non-food
Retail sales volumes bounced back strongly in November as growth in non-food saw the sector 7.2% higher than pre-Covid levels.
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NewsMedia Bites 17 December: petrol, Just Eat Takeaway, exports, McDonald’s
The difference between the price of petrol at supermarkets and the UK average has fallen to its lowest level in five years, highlighting how competition in the industry has lessened, according to an analysis by the AA.
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NewsUK food and drink exports plunge 15.9% in 2021 as trade barriers and Covid hit
UK food and drink exports have dropped by £2.7bn in the first three quarters of 2021 compared with pre-pandemic levels due to a plunge in sales into the EU.
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NewsLilk secures six-figure backing from Giles Brook-led round
Award-winning alternative dairy drinks start-up Lilk has scored a six-figure investment to help launch its range in the supermarkets in 2022.
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NewsCity snapshot: McBride widens loss forecast on input costs spike
Private label household goods manufacturer McBride has downgraded earnings expectations due to ’very significant’ inflationary pressures outpacing its price increases. Plus, Domino’s Pizza Group strikes new franchisee agreement and M&S agrees new green funding package.
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NewsMedia Bites 16 December: Omicron, beef, M&S
Business leaders have called on the government to move quickly to restore confidence amid the rapid spread of Omicron and fears that a large number of workers will call in sick, creating further disruption to supply chains.
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NewsJBS pivots to parma ham and prosciutto after snapping up Italian producer
The Moy Park and Pilgrim’s Pride owner’s latest acquisitions give it a foothold in high-end pork
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NewsMedia Bites 15 Dec: Ocado, Tesco, Inflation
Shares in Ocado rose after a legal victory in the US over patents for its robots, but poor sales took the sparkle off
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NewsCity Snapshot: Inflation soars to ten-year high as food and petrol prices climb higher
Inflation has continued to surge higher in November as record fuel prices, soaring energy costs and increased food prices ramped up the cost of living for families ahead of Christmas.
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NewsBlack Bee Honey generates buzz as crowdfunding campaign more than doubles target
Black Bee Honey has more than doubled a crowdfunding target as it seeks to expand and support newly won retail listings.
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NewsCity snapshot: Ocado sales dented by labour shortage
Ocado sales fell back 4% in its fourth quarter as labour shortages, temporary capacity contrants and the normalisation of consumer shopping behaviour dented the online supermarket’s growth. Plus, store growth boosts Pepco’s profits and grocery sales fall back in November.
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NewsMedia Bites 14 December: Fuel prices, supply chain, Omicron, Ocado
A senior Tesco executive reportedly told City analysts that retailers are making better profit margins on fuel sales after Asda’s takeover by the Issa brothers.
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NewsHolland & Barrett branches out to in-home beauty treatments with Blow takeover
Holland & Barrett has expanded into on-demand at-home beauty services thanks to its acquisition of Blow
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NewsAlcohol-free beer startup Days secures £1m investment to fund expansion
An ‘increased focus on health and wellness’ among consumers was set to transform the alcohol-free beer space, said Days
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Comment & OpinionFinancial solutions for the transition to a more climate-friendly food industry
Food businesses are starting to rethink their global operations, says Paul Doheny, Rabobank’s head of corporate clients and lending
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NewsCity Snapshot: Boots explores sale of Aromatherapy Associates
Boots is set to sound out potential buyers for Aromatherapy Associates, according to reports. Plus, CBD brand Love Hemp reports boost in annual revenues.
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NewsMedia Bites 13 Dec: M&S/Ocado, Boots, Plan B/Omicron
Whether M&S should buy Ocado, the sale of Boots and the effects of new governmnet Covid restrictions are all in the news
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NewsCity News: Investors stick with SSP Group despite Omicron wobble
The Omicron Covid variant may have wobbled travel food retailer SSP Group’s ongoing recovery, but investors remained unshaken this week by a second £400m loss and the threat of further travel disruption
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NewsMoma eyes massive hike in sales following AG Barr takeover
Founder and CEO Tom Mercer set out ambitions to “at least” triple revenues for the business in the next three years