All Finance articles – Page 221
-
NewsSainsbury’s scraps immediate payments for small suppliers
The supermarket, like several other retailers, improved its terms in the wake of the virus
-
NewsTesco pressures suppliers to drop prices in Aldi price war
The Grocer understands suppliers have been given a cut-off of 10 July to respond to its call for a switch to everyday low pricing (EDLP), which will also see promotions canned unless they come under its Clubcard loyalty scheme
-
Analysis and FeaturesDelistings: have supermarket product ranges shrunk for good?
Supply issues forced brands and retailers to rationalise when the pandemic hit. But will financial pressures keep ranges simple?
-
NewsHiggidy back in profit after stake sale to Samworth Brothers
Higgidy’s pre-tax profits came in at £42k, compared with a £180k loss the prior year
-
NewsMedia Bites: ABF/Primark, Supermarket profits, M&S
Coronavirus lockdowns have cost Associated British Foods £800m, with clothing retailer Primark expecting profits to tumble by two-thirds this financial year.
-
NewsCity snapshot: June retail sales show modest recovery to highest level since February
June retail sales achieved their best result since February, despite dropping by more than 14%
-
NewsVibrant Foods snaps up Cofresh Snack Foods to bolster mainstream push
Exponent-backed Vibrant Foods closed the deal for the Leicester-based bagged snacks group this week for an undisclosed sum
-
NewsPret a Manger launches evening dinner menu for delivery
‘Dinners by Pret’ will start deliveries of an evening menu on 7 July from seven shops in London, Nottingham, Cambridge and Bristol, as well as from a new hub kitchen in north west London
-
NewsM&S relaunches Sparks loyalty scheme with updated app
The retailer has spent the past nine months redesigning the flagging scheme
-
NewsTrade unions slam rocketing number of Covid-19 cases at UK food manufacturing plants
Cases in UK food manufacturing plants have rocketed to more than 600 over the past week
-
-
NewsPipers to take on Kettle and Tyrrells with big four expansion
The PepsiCo-owned brand – which its co-founder said over a decade ago would never be seen in Tesco – has quietly rolled into Sainsbury’s
-
NewsMedia Bites 2 Jul: UK supermarkets, Covid-19 recovery committee, job losses
UK supermarkets will miss out on “super profits” as the costs of the coronavirus pandemic hit high, Tesco’s chairman is set to lead a Covid-19 recovery committee and the high street suffers hard day for job losses
-
NewsCity snapshot: European Commission objections delay UK trade credit rescue package
The government’s multibillion-pound trade credit insurance rescue package is being delayed by EU state aid rules, causing a cash flow crisis for food and drink wholesalers. Plus, trading updates from ABF, DS Smith, Mitchells & Butlers and Total Produce, and the rest of the latest news from the City.
-
NewsTrade credit insurance rescue package delayed by EU state aid rules
Hospitality restart threatened by EU’s delay to government trade credit insurance scheme
-
NewsLosses mount at scotch whisky producer Loch Lomond Distillers
For the 12 months to September 2019, the Loch Lomond Single Malt and Glen Scotia producer generated losses of £17.1m compared with £10.1m a year ago
-
NewsCity snapshot: Sainsbury’s sales jump but coronavirus profit hit to exceed £500m
Sainsbury’s has reported a double digit grocery sales increase in the first quarter of the year, but warned it expects a profit hit of more than £500m from the coronavirus crisis. Plus, SSP Group plans to cut 5,000 jobs, B&M continues strong COVID trading and all the rest of the latest news from the City.
-
NewsMedia Bites 1 July: Deliveroo/Lloyds Pharmacy, Retail admins, UK economy
Plasters and paracetamol will be delivered to households within 30 minutes of being ordered in a tie-up between Lloyds Pharmacy and Deliveroo.
-
NewsGood Club hits £600k crowdfunding target to roll out closed-loop packaging system
The business will use the funds for a quicker rollout of its closed-loop system, after having successfully held trials last year across 30 SKUs
-
NewsTails.com launches in six more countries across Europe
It is now live in Ireland, Sweden, the Netherlands, Denmark, Belgium and Austria