All Finance articles – Page 276
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News
UK sales hit record low as Brexit woes continue
Like-for-like retail sales shrunk by 1.7% in September from a fall of 0.2% in 2018
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News
City snapshot: Stock Spirits boosted by Eastern Europe spirits market growth
Eastern Europe focussed spirits distiller Stock Spirits Group has said it is on course to hit full year guidance despite tax issues in Poland and “highly competitive” trading conditions.
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News
Media Bites 8 October: Pizza Express, Retail sales, Scotch whisky
Pizza Express has hired advisers for help as it prepares to hold crunch talks with creditors over its spiralling debt mountain
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News
Gunna smashes £500k crowdfunding target within a day
The drinks startup is looking to fuel its ambition of becoming the UK’s ‘number one craft soft drinks company’
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News
Brexit uncertainty pushes retail sales to ‘new record low’ in September
UK retail sales slumped 1.3% in September, crumbling to a “new record low” for the month
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News
Vite raises £175k to launch nootropics snack bar range
Functional nutrition startup Vite plans to use the cash to support NPD and marketing initiatives
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News
Fmcg suppliers hit hardest by ‘perfect storm’ of Brexit uncertainty
Manufacturers had been forced to stockpile both raw materials for production and finished goods
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News
Sales surge £7m at Liberty Wines
Revenues hit £75m at the supplier for the year ending 31 March 2019, latest results reveal
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News
City snapshot: Unilever vows to halve plastics use by 2025
Unilever has pledged to halve its use of virgin plastics by 2025 to cut its use of plastic packaging by more than 100,000 tonnes. Plus, Tesco Bank appoints financial services veteran Sir John Kingman to its board, Lidl to open ten Manchester stores, a new chairman at McBride and all the rest of the latest news from the City.
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News
Media Bites 7 Oct: John Lewis Partnership, Unilever, Tesco
The John Lewis Partnership’s next chair, Sharon White, must trigger a fundamental review of the ‘Never Knowingly Undersold’ slogan and consider closing some stores
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Comment and Opinion
John Lewis has lost its way. Is the restructure a route to salvation?
As incoming chairman Sharon White is about to find out, hybrid food/GM businesses are notoriously tricky to unite
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News
Scottish Spar operator CJ Lang returns to growth
The 100-year-old business reported a 56% growth in underlying profits for the year to 30 April 2019
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News
Booker Best Food buy bolsters sales by £1bn
The Bidfood logistics business was acquired for a nominal sum
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News
Rob Collins and Wim Van Aalst are first casualties of John Lewis Partnership cull
Waitrose MD Rob Collins and supply chain boss Wim Van Aalst are first of 75 senior executives to face axe in JLP restructure
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News
City snapshot: Dave Lewis’s legacy on Tesco share price
During his five-year tenure, the City was not very generous towards Lewis despite evidence its efforts paid off
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News
Media Bites 4 Oct: John Lewis, PAI/Hain Daniels, Tomatoes
John Lews is seeking rent cuts from its landlords in a bid to cut running costs. The retailer told landlords in some locations it would withhold 20% of this quarter’s service charge, which covers heating and water on top of rent, because it had become too expensive. ...
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News
PepsiCo’s third quarter revenues rise as it ramps up marketing
PepsiCo has reported a 4.3% increase in third quarter revenues, as ramped-up marketing spend boosted demand for its soft drinks and snacks
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News
Tesco acquires Best Food Logistics for ‘nominal sum’
Best Food Logistics last year announced a major long-term supply deal with Pizza Hut
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Analysis and Features
What should retailers be doing to prepare for a no-deal Brexit?
The BRC has published a list of actions retailers need to take to minimise disruption of a No Deal Brexit.
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Analysis and Features
Are you ready for a no-deal? Food & drink’s biggest Brexit questions answered
The Grocer seeks to answer some of the food and drink industry’s biggest questions around what will happen in the event of a no-deal