All Finance articles – Page 296
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NewsCity snapshot: Top UK restaurant groups sink deep into the red
The biggest 100 UK restaurant groups have seen profits drop in the past 12 months as they suffered from higher overheads and plunging sales
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NewsMedia Bites 18 Nov: Cashless payments, Brexit, Business rates
People in the UK “tapped to pay” in more than 726m contactless transactions in August, underlining the continued boom in cashless payments.
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NewsPremier Foods surges on evidence of sustained branded growth
Premier Foods shares jumped to a four-month high this week as its efforts to achieve sustainable growth appear to finally be paying off.
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NewsPrivate equity investment in food and drink remains ‘robust’ amid consolidation trend
Private equity investment in the UK food and drink sector has rebounded as experienced investors look to consolidate in the sector.
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NewsKitwave Wholesale snaps up Alpine Fine Foods
Hull-headquartered Alpine has a turnover of around £13m
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NewsCapri-Sun owner HP Wild grows stake in Oppo
The owners of Capri-Sun have invested a further £1.5m in low-sugar ice cream brand Oppo as it looks to grow the brand internationally.
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NewsKers plays down Singh rift rumours as 2 Sisters profits rise
Kers insisted the pair work ‘closely together’ leveraging each other’s strengths
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NewsCity snapshot: Fuller’s warns of impact of brewing business sale to Asahi
Costs associated with the £250m sale of Fuller’s brewing business to Asahi will impact the former brewer’s profits
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NewsMedia Bites 15 Nov: Walmart/Asda, Retail Sales, PureCircle
US supermarket chain Walmart upped its annual profits forecast on the back of higher quarterly sales, while it claimed Asda’s performance was held back by Brexit uncertainty
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NewsThe Saucy Affair slashes fundraising target as it relaunches crowdfunding campaign
The company was originally looking to raise £350k, but has reduced its target to £150k
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NewsNimble turns to the crowd to fund Sainsbury’s listing
The company is looking to raise £100k on Crowdcube in exchange for a 4.4% stake – valuing the business at £2.2m
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NewsAsda blames Brexit nerves as Q3 sales fall 0.5% year on year
CEO Roger Burnley said the figures showed there was “no respite” from the impact of the political crisis on the grocery market
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NewsCity snapshot: Refresco pushes further into the US with AZPACK acquisition
Bottling giant Refresco has expanded its footprint in North America with the acquisition of AZPACK (Arizona Production & Packaging) as it continues its acquisition spree. Plus, shopping tech firm Eagle Eye continues to grow sales, new non-exec at McBride and all the rest of the latest news from the City.
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NewsMedia Bites 14 Nov: Unilever, Just Eat/Takeaway.com, Coca-Cola HBC
Unilever’s chairman Dr Marijn Dekkers has stepped down a year after he U-turned on a decision to axe the company’s London headquarters in favour of Rotterdam.
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Comment & OpinionFive reasons why M&S’s food turnaround is working
The figures show M&S’s food business is doing something right. What is it?
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NewsConfex to make all members shareholders in major overhaul
Confex said all future profits made by head office will be shared amongst the membership according to their contributions
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NewsM&S looks to tackle price perceptions with ‘Re-Marks-able Value’ campaign
M&S is currently working on around 800 separate cost-saving initiatives
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News‘Horror autumn’ could hamper 2020 vegetable supplies, warn growers
Met Office data for October has shown some areas of the country were hit by more than double the average rainfall
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NewsProtein turnaround drives 2 Sisters profits rebound
Poultry giant 2 Sisters Food Group has posted a double-digit improvement in fourth quarter organic profits as margins in its core protein business improved.
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NewsMedia Bites 13 Nov: Premier Foods, Ocado, B&M
Shares in Premier Foods surged as a turnround took hold with sales in brands gaining momentum.