All Finance articles – Page 271
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News
Global food retail shares could benefit from coronavirus demand surge
Analysts have suggested the global grocery sector could be set to benefit from the rapid escalation of demand driven by the pandemic
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Analysis & Features
Coronavirus: what has the government done to help food & drink so far?
The government has said it will do ‘whatever it takes’ to keep food on shelves during the coronavirus crisis. Here are the measures it has taken so far
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Coronavirus: Food & drink SMEs struggle to access emergency government aid
Startups are worried they could miss out on emergency support from the Treasury due to loopholes and lack of communication
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Skinny Tonic closes £1.8m crowdfunding campaign
The brand has agreed two “major” listings, which have been delayed due to Covid-19
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Supermarket demand will increase under lockdown, says retail analyst
Although bulk buying would tail off as shoppers filled their cupboards, tighter measures, such as the restaurant closures …
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As Nature Intended falls to loss ahead of Planet Organic sale
As Nature Intended slipped into the red last year ahead of its acquisition by Planet Organic, announced last week
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Coronavirus: Tesco gives workers 10% pay rise
Tesco said the rise is backdated to Monday 9 March
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City Snapshot: Soft drinks suppliers warn of coronavirus impact
Soft drink makers AG Barr and Britvic has warned that the coronavirus has severely impacted their out of home sales, while Coca-Cola European Partners has scrapped its share buyback programme because of the virus. Plus, John Lewis and Primark shut their stores and all the rest of the latest news from the City.
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Media Bites 23 March: Coronavirus/Supermarkets/Retail
Panic buying sent sales soaring by more than 50% at supermarkets last week as shoppers spooked by the coronavirus rushed out to stockpile.
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Coronavirus: stop panic buying, urges government
It comes after environment secretary George Eustice met with supermarket bosses today
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Ocado seeking redeployed staff from businesses impacted by Covid-19
The online supermarket is inviting businesses impacted by the outbreak to send any temporarily unneeded staff its way
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Seafood businesses close as coronavirus hits exports
Falling demand and air freight cancellations are proving disastrous for British fisherman
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Vegan boom propels Huel to top of the Alantra Food & Beverage Fast 50
The explosive growth of direct to consumer ‘complete meal’ brand Huel has propelled the brand to the top of Alantra’s Fast 50 list of rapidly expanding food and drink players.
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Analysis & Features
What are the supermarkets doing to ensure we don’t run out of food?
Supermarkets insist there’s still no need to panic but they’re making big changes to meet unprecedented demand
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Aldi, Asda and Lidl on hunt for 16,000 workers to help keep shelves stocked
The three are the latest supermarkets to create thousands of new jobs as panic buying shoppers continue to strip shelves
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Blockhead raises over £800k to fund NPD and retail expansion
The startup was able to close the funding round despite investor uncertainty due to the coronavirus outbreak
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Supermarkets allowed to pool data and staff as competition rules relaxed
Retailers will be able to share data with each other on stock levels, co-operate to keep shops open, or share distribution
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Coronavirus: Crowdfunding platform Seedrs insists investor interest will remain strong
Seedrs reassured its community it was operating “business as usual” and will continue to support companies looking to raise investment
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City snapshot: M&S warned of ‘severe impact’ of coronavirus and readies store closure contingencies
Marks & Spencer has warned of the “severe impact” of the coronavirus outbreak on its clothing and home business and has detailed a cost-control programme to mitigate the damage. Plus, supermarket competition law temporarily relaxed, Hotel Chocolat raises cash amid outbreak sales downturn and all the rest of the latest news from the City.
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Media Bites 20 March: Coronavirus/supermarkets, Retail industry, Ocado
The government is relaxing competition regulations to allow retailers to work together more closely to help feed the UK during the coronavirus outbreak