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All Finance articles – Page 19
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NewsMorrisons downsizes Rathbones bakery in reversal of decision to close factory
Morrisons has handed Rathbones a last-minute reprieve, with the supermarket set to run a slimmed-down operation at the bakery rather than closing the site down
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NewsNomad Foods looks to recover momentum after major tech disruption
In November, disruption caused by new software forced the company to lower its forecast revenue growth
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NewsYF finalises leadership team with appointment of recruitment director
YF has appointed Sagar Bhardwaj as recruitment director as the fmcg consultancy finalises the lineup of its new leadership team
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NewsBooths hails ‘exemplary’ Christmas as it repeats ‘record’ sales
Unsurprisingly, the traditional Christmas staples were in demand at the supermarket’s 26 stores
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NewsCity Snapshot: Ocado Retail scores ‘record breaking Christmas’
The retailer was boosted by more people choosing to do some of their Christmas grocery shopping online, with total UK online spend for the month reaching a record £1.6bn.
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NewsOcado keeps up momentum to end year on a high
Revenue grew by 17.5% in the final quarter as the online retailer drew in more loyal shoppers
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NewsYoung’s and Karro owner Sofina eyes growth as sales top £2bn
Sales at the protein giant, part of Canada-based Sofina Foods, climbed by 5.6% to £2bn in the 53 weeks to 30 March 2024
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NewsPoundstretcher sinks to loss before acquisition but now ‘well positioned’ for growth
The retailer made pre-tax loss of £9.8m in the year to 31 March 2024, slipping from a £5m profit the year before
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NewsAllplants creditors owed £13m as administrators continue attempt to sell off assets
Allplants creditors are set to suffer a significant shortfall to the more than £13m owed when the vegan ready meals brand collapsed last year
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NewsTribe raises £2.4m as it launches ‘UK first’ for energy bars
Natural energy bar challenger Tribe has raised £2.4m to back the launch of a new range made using adaptogens
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NewsCity snapshot: EG Group set for $13bn New York IPO
Forecourt operator EG Group is readying a $13bn stock market flotation in the US for later this year. Plus, trading updates from Huddled and Eagle Eye
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NewsGreggs hit by ‘weak consumer confidence’ as growth slows to 2.5%
The chain surpassed £2bn in sales for the first time, but still faces ‘tough headwinds’
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Comment & OpinionIf even M&S is worried about growth, what hope is there for the stragglers?
Inflation is back on the agenda even after supermarkets worked hard to bring it down this Christmas
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Analysis & FeaturesRetail ranking: Christmas 2024 grocery league table
With last year’s golden quarter now firmly behind us, we round up how supermarkets fared during the crucial 2024/25 Christmas trading period
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NewsSainsbury’s to work ‘closely’ with suppliers to protect value for shoppers
Sainsbury’s was ‘absolutely committed to doing everything we can to mitigate the impact of inflation’, CEO Simon Roberts said
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NewsCity snapshot: Sainsbury’s offers 5% pay rise following ‘biggest-ever’ Christmas
Sainsbury’s is to reward staff with an inflation-busting pay rise after they helped the supermarket deliver its “biggest-ever” Christmas
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NewsSainsbury’s celebrates record Christmas but Argos remains a drag
Sainsbury’s premium Taste the Difference own label range outperformed rivals to help the supermarket to a record Christmas despite ongoing weakness at Argos
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NewsValeo ‘on track to be sweets champ’ despite ongoing losses
Valeo Foods is on track to become “the undisputed European sweets and treats champion” despite annual losses topping €100m, its boss has said.
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NewsM&S and Tesco shares sink despite record Christmas performance
Supermarkets may be celebrating a record Christmas, but the markets remained thoroughly unimpressed by retail stocks on a busy Thursday of trading updates
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NewsWyke Farms boss warns businesses face ‘relentless’ cost hikes
Rich Clothier said the ’tough year’ just gone could be overshadowed by a ‘seismic’ and irreversible ’tsunami of extra costs’ over the next 12 months