All Finance articles – Page 274
-
News
Pret a Manger set aside £10m for food allergy scandal costs, accounts reveal
Pret a Manger set aside almost £10m to cover legal costs after it became embroiled in a major food allergy scandal, newly filed accounts have revealed.
-
News
Ugly Drinks secures ‘multi-million-dollar’ fundraise
The British-founded brand plans to use the funds for further expansion in Europe and the US…
-
News
Seabrook Crisps sales boosted by own-label wins in first year under Calbee
Sales and profits at Seabrook Crisps jumped during its first year under Japanese snacking giant Calbee.
-
News
Former Diageo CEO Paul Walsh takes stake in Brockmans Gin
He has joined the company’s advisory board to help “shape strategy” for the next phase of development
-
News
Suppliers have ‘no clue’ about retailers’ no-deal Brexit plans
Survey finds none of 45 suppliers feltretailers had been clear about their no deal Brexit plans
-
News
City snapshot: Unilever’s sales growth slows on US and European weakness
Unilever’s underlying sales growth slowed to 2.9% in the third quarter as low growth in Europe and North America dragged back stronger sales in emerging markets. Plus, on a busy day, WH Smith announces $400m US acquisition, Nestlé launches CHF20bn buyback, Pernod Ricard posts muted first quarter growth and all the rest of the latest news from the City.
-
News
Media Bites 17 Oct: Asda, Amazon/Deliveroo, Lidl
Approximately 12,000 Asda workers are currently facing the sack next month for refusing to sign controversial new contracts.
-
News
SLG Brands acquires three high street beauty brands for £15m
SLG Brands has added three more high street beauty companies to its portfolio, closing deals for a total of £15m.
-
News
Home Bargains outperforming B&M as revenues rise 15%
Home Bargains saw revenues grow by 15% compared with B&M’s UK revenue growth of 8.7%
-
News
Inflation set to hike retail business rates by £137m
The controversial business rates system is calculated every April based on the CPI of the previous September
-
News
City snapshot: Lidl makes £15bn British sourcing commitment
Lidl GB has pledged to invest £15bn in British food, farming and production over the next five years. Plus, Sainsbury’s restates 2018/19 accounts under IFRS 16, Casino sells 31 hypermarkets and all the rest of the latest news from the City.
-
News
Media Bites 16 Oct: Grocery market share, Home Bargains, Marston’s
The market share of the Big Four supermarkets has tumbled to a 15-year low as the march of the German discounters Aldi and Lidl continues
-
News
United Wholesale Grocers grows turnover by a fifth
Results were boosted by the acquisition of the former Blakemore depot in Gateshead
-
News
Motor Fuel Group acquires forecourt operator Symonds Retail
Symonds Retail generated revenues of £17.9m in the year ended 31 March 2018
-
News
City snapshot: Early autumn grocery growth rebounds
Sales across the grocery industry rose 1.3% during the past 12 weeks as the industry emerged from the shadow of tough summer 2018 comparisons. Plus, Marston’s issues profits warning on weak food sales and all the rest of the latest news from the City.
-
News
Media Bites 15 Oct: Ocado, The Pound, Pork prices
Ocado shares were knocked after JP Morgan analysts cast doubt on its value.
-
News
Punchy Drinks turns to the crowd to fund ‘cutting-edge’ rebrand
No and low-alcohol startup Punchy Drinks has launched a crowdfunding campaign to fund a rebrand and move into cans
-
News
Rebel Kitchen merges with Nurture Brands to create plant-based business
From January 2020, Rebel Kitchen will join Emily Crisps and Ape Snacks under the Nurture Brands portfolio
-
News
UK vaping industry pushes ‘facts not fiction’ in reassurance campaign
The UKVIA warned ‘misinformation and scare stories’ had threatened to push UK vapers back to cigarettes
-
News
City snapshot: UK retail footfall continues to plunge
Retail footfall has dropped once more in September as consumer caution ahead of Brexit increased.