All Finance articles – Page 317
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News
City snapshot: Casino plans €2.5bn of asset sales as its targets convenience and online growth
French hypermarket chain Groupe Casino has raised its target from the sale of non-core assets from €1.5bn to €2.5bn over the next year. Plus, the pound rises to multi-month highs as ‘no deal’ Brexit threat recedes and all the latest news from the City.
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News
Media Bites 14 March: Brexit, Spring Statement, Morrisons
The pound has jumped to highs last seen in June 2018 after Parliament rejected a no-deal Brexit and investors saw less risk of a disorderly exit from the European Union.
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News
Morrisons refuses to rule out Brexit driven price hikes
Morrisons chief executive David Potts refused to rule out passing Brexit-related cost increases onto customers, after ‘no deal’ tariff rates were confirmed
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Comment and Opinion
Badly timed, confusing tariffs information just adds to Brexit mess
With just 16 days to go before the UK is due to leave the EU, the chances of wading through and then readying for implementation by 29 March is clearly now mission impossible
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Analysis and Features
Morrisons results: what the analysts say
Here’s what experts have to say about this morning’s results from Morrisons
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News
Boparan offloads Green Isle Foods and Donegal Catch to Irish consortium
The sale marks the 2 Sisters owner’s latest divestment as it focuses on its core poultry operation
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News
City snapshot: Morrisons profits jump as wholesale arm drives sales
Profits jumped 8.6% at Morrisons on the back of strong revenue growth in its wholesale arm, retail technology business Eagle Eye saw half-year sales surge 30% and the rest of the news from the City
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News
Media Bites 13 March: Brexit, Domino's Pizza, GSK
Britain would slash tariffs on the vast majority of goods entering the country in a no-deal scenario, the government has confirmed
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News
Brindisa Spanish Foods plans northern growth with new hires
The speciality wholesaler has operated in the south of England for 30 years
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News
Supermarket REIT targets £25m raise to buy new property
The move would take the fund’s assets to well over £340m
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News
Ocado plans for robot order packers derailed by Andover fire
The robot prototypes were held at Andover and destroyed along with the rest of the facility
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News
City snapshot: PureCircle counts the cost of switch to new stevia generation
Stevia producer PureCircle has posted a 5% drop in sales and an escalation of first half losses after reformulation and writedowns hit its performance. Plus, Domino’s Pizza Group reports on “mixed year” as international business drags down performance, staffing changes at Carlsberg and all the rest of the latest news from the City.
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News
Media Bites 12 March: Paul Polman/Unilever, Brexit, Inflation basket
Paul Polman, the former head of Unilever, took home €11.7m, including an annual bonus of nearly €2m, in a year in which the company faced heavy criticism.
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Comment and Opinion
British meat producers must unite to make it big in Japan
In Japan, where consumers are obsessed with the union flag and the royal family, the brand is going to have to be British
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Comment and Opinion
Kraft Heinz needs to make its brands hyper-connected to survive
The company must tap into what modern consumers want, says Sophie Lewis, chief strategy officer at VMLY&R
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News
Retail footfall drops 2% in February
Retail footfall declined for the 15th consecutive month in February, as it plunged 2% according to new research.
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News
Media Bites 11 March: Ocado, Unilever, Jamie Oliver
Around a quarter of Ocado shoppers would ditch the online grocer if Waitrose products were no longer available, according to a poll
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News
Eat Square collapses weeks after failed crowdfunding campaign
The pie supplier failed in a Seedrs campaign to secure £50k
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News
Pastry supplier Deli Santé ceases trading
The company formerly had branded listings at Ocado and Waitrose
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News
Consumer confidence dents sales and profits at Big Prawn Co
The company said market uncertainty and Brexit-driven currency impacts could affect growth in 2019