All Finance articles – Page 297
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News
Halal baby food brand For Aisha receives ‘seven figure’ PE backing
Halal baby food manufacturer For Aisha has received a ‘major seven-figure’ private equity investment to grow the brand in the UK and internationally.
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Comment & Opinion
The golden quarter is here, but shoppers aren’t ready to splurge
New grocery market share data suggests this Christmas period will be tougher than most
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News
Sainsbury’s agrees wholesale deal with Australian supermarket Coles
Last month Sainsbury’s also struck a deal to replace Waitrose and Iceland as the supplier for Shoprite
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News
Supermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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News
Media Bites 12 Nov: Walgreens Boots Alliance, Greggs, Just Eat
Walgreens Boots Alliance has received an audacious, debt-laden buyout proposal from KKR that would be the biggest private equity transaction in history.
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Comment & Opinion
What Q3 results tell us about the state of consumer staples companies
Premium categories are continuing to drive most of the growth in the sector, says Barclays’ Warren Ackerman
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News
Pricecheck on target to top £100m turnover this year, results reveal
The Sheffield-based operator posted a 12% increase in sales for the year to April 2019
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News
City snapshot: October rain leads to UK retail footfall plunge
Retail footfall suffered another steep drop in October as the autumn rain kept shoppers at bay. Plus, Greggs upgrades profit expectations on strong sales performance, Prosus publishes Just Eat offer document and all the rest of the latest news from the City.
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News
Media Bites 11 Nov: Sainsbury’s, 2 Sisters, Asda
Sainsbury’s has struck a deal to sell groceries in Australia in its biggest push to enter the wholesale market.
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Analysis & Features
Tea prices rise at the mults as ingredient costs increase
Dozens of black tea, fruit tea and herbal infusions SKUs have faced price hikes over the past 12 months
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News
East End Foods grew sales & profits before Exponent acquisition
Turnover at the specialist Asian food wholesaler rose 7.2% to £205.2m in the year ended 30 April 2019
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Analysis & Features
Sainsbury’s first-half results: what the analysts say
Profits and sales fell at Sainsbury’s in its first half
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News
City snapshot: Hain Celestial brings former Hershey executive as CFO as sales continue to slide
Hain Celestial has brought in a new CFO as first quarter sales continued to slide
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News
Media Bites 8 Nov: Sainsbury’s, Big 4 prices, M&S, Tate & Lyle
Sainsbury’s CEO Mike Coupe warned that political uncertainty over Brexit was holding back spending as the supermarket’s interim profits were almost wiped out by closure costs. Sainsbury’s pre-tax profits dropped to £9m from £107m a year ago, due to £229m of exceptional costs booked as the result ...
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News
Sainsbury’s Coupe optimistic about sales momentum over Christmas
Group revenues fell 0.2% to £16.9bn in the 28 weeks to 21 September 2019
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Analysis & Features
‘A tale of two divisions’: analysts react to M&S food growth
Total food revenues rose 1.2% to £2.85bn in the six months to 28 September 2019
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News
City snapshot: Sainsbury’s sales and profits plunge despite price cuts
Sainsbury’s has fallen to a loss in its first half as the supermarket suffered from higher marketing costs, comparisons with good trading a year ago and the impact of cost savings
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News
Media Bites 7 Nov: M&S, John Lewis, Pizza Express, Boots, Amazon, Beavertown
Marks & Spencer food business returned to growth for the first time in over two years but troubles within the chain’s clothing unit hit profits
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News
Platinum Retail sees profits soar as forecourt expansion continues
A fall in oil prices towards the end of 2018 and the expansion of the estate helped improve gross margins
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News
City snapshot: Marks & Spencer food sales rise after two years but profits drop
Marks & Spencer reported growth in its food business but group revenues and profits were dragged down by a poor first-half performance from the clothing and home division