All Finance articles – Page 234
-
NewsMedia Bites 30 April: John Lewis/Waitrose, Sainsbury’s, UK retailers
Sharon White takes U-tunr on predecessor plan,Sainsbury’s warn queues could remain until Septmeber and retailer struggle to access government cash
-
NewsCity snapshot: Sainsbury’s defers dividend amid £500m coronavirus hit
Sainsbury’s has deferred its final dividend amid the “significant impact” of the coronavirus outbreak on its business, which it expects to generate £500m of extra costs. Plus, on a busy morning, updates from Reckitt Benckiser, Carlsberg, M&S, C&C Group and British American Tobacco.
-
NewsExeter-based wholesaler J&R Food Service turns DTC after securing government loan
The cash was used to diversify the business into supplying food and essential items to households across the south west
-
Comment and OpinionSharon White is right to move fast with a Waitrose boss. But has she got the right one?
James Bailey will need to expand his skill set – quickly – to get to grips with leading a supermarket
-
NewsC-store delivery app Snappy Shopper sales soar over 500% in lockdown
The latest figures show the number of customers ordering goods via the app has increased by 360%
-
NewsFormer Sainsbury’s buyer James Bailey made Waitrose executive director
Recruitment is also underway for the same role for John Lewis to replace Paula Nickolds
-
NewsMedia Bites 29 Apr: Waitrose/John Lewis, M&S, Grocery market share
Dame Sharon White, head of the John Lewis Partnership, is poised to announce that ex Sainsbury’s exec James Bailey will be Waitrose’s next leader.
-
NewsBelgian food tech startup Deliverect raises €16.3m to expand internationally
The company will use the investment to support R&D and product development, solidify its position in Europe and expand internationally
-
NewsCity snapshot: Fever-Tree co-founder to step down
Charles Rolls has announced he will step down from the company’s board at the next annual general meeting on 4 June
-
NewsTesco’s coronavirus sales growth outstrips discounters as convenience sales soar
The UK’s largest supermarket Tesco grew sales at a faster rate than the German discounters in April, while convenience sales continue to boom
-
NewsCoronavirus: SMEs welcome ‘lifeline’ of government-backed ‘bounce back’ loans
The new micro loan scheme comes as previous emergency measures for SMEs received harsh criticism for letting many “slip through the cracks”
-
NewsTesco fulfils one million grocery deliveries in one week
The supermarket giant said it aimed to reach a capacity of 1.2 million weekly delivery slots
-
NewsPost Office rolls out cash delivery service for vulnerable customers
The National Shielding Service is a working partnership with the Department for Work & Pensions to determine if customers need a cash delivery
-
NewsGrocery sales growth slows in April
The past 12 weeks have continued to see strong grocery sales growth of 9.1%, according to Kantar, but sales growth slowed down in the past four weeks.
-
NewsMedia Bites 28 April: Tesco, Treasury/loans, Imperial Brands
Tesco starts laying off temporary staff, Sunak unveils new loans for small businesses and Imperial brands sells cigar unit
-
NewsCMA to investigate Danone’s acquisition of Harrogate stake
The UK Competition & Markets Authority has launched an investigation into the proposed acquisition of a majority stake in UK bottled water brand Harrogate by French dairy giant Danone.
-
Comment and OpinionAs consumers retreat to old favourites, will coronavirus be the death of challenger brands?
Startups desperately need support – from consumers and supermarkets – to survive
-
NewsRetailers warn over ‘disastrous’ business rates revaluation plans
The next revaluation of business rates will take place on 1 April next year
-
NewsChristine Tacon extends GCA contract to provide continuity through coronavirus outbreak
Small business minister Paul Scully confirmed today that Tacon had been re-appointed for an emergency third term
-
NewsCity snapshot: John Lewis mulls bringing in external investor
The John Lewis Partnership is considering bringing in an external investor to help finance and launch a new joint venture