All Finance articles – Page 270
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Comment & OpinionTreasury measures are a positive start but more needs to be done to protect SMEs
Perhaps most concerning is that, so far, the available help only comes in the form of debt
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NewsCoronavirus: produce sector warns of May labour ‘crunch point’
The news comes despite 8,000 applications from British workers in recent days
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NewsAsda and Tesco become latest retailers to limit customer numbers in stores
Asda said it would be placing colleagues at the front of stores to “limit the number of customers” coming in
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NewsSainsbury’s moves to immediate supplier payments
The supermarket said support would also be available to suppliers in financial distress as a result of the ongoing uncertainty
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NewsCity snapshot: SSP braces for £135m coronavirus revenue hit
As travel halts across Europe and Asia, SSP Group expects group revenues to fall between £125m and £135m
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NewsMedia Bites 25 March: UK supermarkets, Pharmacies, Retail sector
Supermarkets start introducing measures to protect customers and staff, pharmacies urge shoppers to only buy what needed while the coronavirus outbreak batters an already weakened retail sector
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NewsSpecialist pate makers Patchwork and Pyman to merge
North Wales-based Patchwork Pates and Devon-based Pyman Pates are to merge to scale up and meet demand for premium British pates and meat-free alternatives.
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Comment & OpinionA message of support to all our readers, customers, partners and friends in the UK food and drink sector
In these harrowing times, the industry is working together in every sense
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NewsCoronavirus: DTC meal kit businesses report record demand
DTC recipe kit providers have been forced to turn down new customers as they grapple with ‘unprecedented’ levels of demand
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NewsUnilever offers €500m relief to suppliers and customers, donates hygiene products
The consumer goods giant will give early payments to the most vulnerable small and medium-sized suppliers
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NewsFood and drink M&A deals on hold as coronavirus outbreak freezes market
Sale processes - including that of MPM Products - have been put on hold as the coronavirus outbreak hits market confidence
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NewsB&M, Home Bargains, Poundland remain open due to food ranges
B&M, Home Bargains, Poundland and Poundstretcher continue to trade today thanks to their food ranges
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NewsWaitrose sets limit on number of people allowed in stores
The retailer will also introduce dedicated marshals for each outlet to help to manage queues outside
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NewsCoronavirus: Europe eases border strains on supply chains
New guidelines issued on Monday seek to ease the border delays that strained supply chains last week
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NewsCity snapshot: McColl’s reassures the market on financial strength
McColl’s has issued a business update regarding the deepening COVID-19 crisis, reassuring the City that it has the “financial and operational flexibility” to deal with prolonged disruption. Plus, Waitrose introduces new coronavirus measures, trading updates from Applegreen, Cake Box, Wynnstay, a new CFO for Greencore and all the rest of the latest news from the City.
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NewsMedia Bites 24 March: Supermarkets/coronavirus, Retail closures & rents, Food wholesalers
Demand for workers to fill jobs in supermarket warehouses has surged by a third as internet shopping booms.
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NewsContactless limit rises to £45 to help reduce coronavirus spread
The limit is set to rise from the current £30 on 1 April
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News‘Accidental stockpilers’ driving shelf shortages, research shows
Empty shelves in supermarkets are a result of shoppers making more trips
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NewsCoronavirus: Hotel Chocolat to close all stores and switch to online
Co-founder and CEO Angus Thirlwell said he took the decision to keep staff and customers safe during the ongoing pandemic
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NewsCoronavirus: Greggs to close its stores tomorrow as weekly sales plunge 9.9%
Food to go chain Greggs has announced it will close its entire shop estate by the close of business on Tuesday 24 March in response to the coronavirus crisis