All Finance articles – Page 288
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News
Vegan brand This secures multimillion cash boost to keep up with “fake meat” demand
The meat alternative startup raised millions from strategic venture capital investors
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Comment & Opinion
Just Eat is hungry to take a bigger bite out of the food delivery market
Just Eat shareholders have until Friday lunchtime to decide between two offers – from Takeaway.com and Naspers’ Prosus
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News
Sainsbury’s posts positive Christmas results after ‘upping its game’
CEO Mike Coupe said the supermarket had become more competitive on price and grown its premium Taste the Difference range over the past six months
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News
City snapshot: Sainsbury’s Christmas grocery growth mitigates Argos decline
Sainsbury’s has posted a decline in like for like retail sales in its crucial third quarter. Plus, Greggs has posted another quarter of strong organic growth to take its full year sales up 13.5% year-on-year while committing to pay staff £7m and all the rest of the latest news from the City.
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News
Media Bites 8 Jan: Morrisons, Grocery market share, Poundland
Cautious shoppers, heavy discounting and a decision to shun Black Friday triggered a fall in sales at Morrisons
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News
Cotswolds Distillery nets over £1m in latest funding push
Since its launch in 2014, the gin and whisky maker has raised over £12m
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News
Enfield retail park to be redeveloped for online sellers after M&G sale to Prologis
Ravenside Retail Park in north London’s Edmonton had been owned by M&G, the investment firm that last month banned withdrawals by investors from its property fund
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News
Euro Food Brands hails ‘strong’ outlook despite Illy’s foodservice demerger
The specialist distributor said it was able to replace lost revenue with new growth from existing and new customers
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News
Potts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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News
City snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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News
Media Bites 7 Jan: Aldi, Jamie Oliver, Brexit
Christmas sales at Aldi topped £1bn for the first time, but the discounter experienced a slowdown in UK sales growth during the busy festive period
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News
Pasta straws maker Stroodles raises £180k to disrupt straw market
The brand producing a pasta alternative to plastic straws will use the funds to expand its sales team, fund marketing and NPD
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Comment & Opinion
Government must take on the corporate tax avoiders feasting on our high streets
Our high streets have been in decay for decades. It’s time we stood up to Amazon and levelled the playing field, says Joanna Blythman
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Analysis & Features
Who were the winners and losers on the stock market in 2019?
2019 was another turbulent year for many grocery and FMCG stocks
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News
Tesco launches new wave of price cuts and Clubcard discounts
The offers will cover brands including PG Tips, Birds Eye, Cathedral City, Colgate and Persil
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News
City snapshot: Aldi sales surge 7.9% over Christmas
Aldi has announced its total sales jumped 7.9% in the four weeks to 24 December to break £1bn for the first time.
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News
Media Bites 6 Jan: Supermarket sales, Just Eat, Compass Group
The supermarket giants will reveal underwhelming Christmas sales figures this week, as the relentless pressure from discount rivals continues to cast a shadow over the sector.
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News
Scandinavian Tobacco Group acquires Dutch cigar maker Agio Beheer BV
STG first announced the deal on 16 September and it completed yesterday (2 January)
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News
ASF pandemic makes pork fraud a real threat, warns Chris Elliott
Soaring demand for pork created by ASF left the sector open to fraud, warned industry group FIIN