All Finance articles – Page 324
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News
Ocado suspends operations at Andover after fire
The fire brigade was on site and no one had been injured, the online supermarket said
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News
Ocado announces Zoom one-hour rapid delivery
Some 10,000 products will be available in the West London trial
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News
Henderson Foodservice expands further with Foodco deal
Foodservice operator Foodco has sites on both sides of the Irish border
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News
Ocado annual losses rise to £44m as expansion hits bottom line
Ocado grew its annual revenues by 12.3% in 2018, but its pre-tax losses jumped from £9.8m to £44.4m.
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Media Bites 5 Feb: Patisserie Valerie, Retail sales, Brexit
Patisserie Valerie has attracted interest from numerous bidders, including offers for the entire 206-store chain and ones for parts of it, according to administrators.
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News
HMRC advises businesses on no-deal Brexit border procedures
HMRC has written to nearly 150,000 businesses who trade with the EU to inform them of temporary simplified importing procedures
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News
PepsiCo completes £20m deal for Pipers Crisps
PepsiCo has completed the acquisition of foodservice snacking specialist Pipers Crisps after receiving the green light from the UK’s Competition and Markets Authority.
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No-deal Brexit could cost poultry sector £200m in lost exports
Access to the EU market was vital in maintaining the sector’s carcase balance, said the British Poultry Council
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100 potential bidders ran the rule over Patisserie Valerie
Around 100 potential bidders expressed an interest in rescuing stricken cake retailer Patisserie Valerie ahead of crunch talks this week, though reports warn the chain could be broken up.
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Media Bites 4 Feb: Brexit stockpiling, Patisserie Valerie, Ocado
British factories stockpiled goods in January at the fastest rate in 30 years, as they count down towards a potentially chaotic Brexit
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News
Pip & Nut looks for minority partner to drive rapid growth
The health-focused supplier has hired Houlihan Lokey to find a partner to acquire a minority stake for around £5m
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Asset sales help boost profits at William Jackson
Pre-tax profits more than doubled after the sale of its MyFresh salad business
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News
Food companies unprepared for no-deal Brexit, survey reveals
The results reveal many have underestimated the implications of Brexit
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News
Young's Seafood co-owner eyes total control after sale stalls
The Grocer understands HPS Investments is now considering taking total control from co-owners Lion Capital and Bain Capital
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News
Graze purchase set to be first big Unilever deal under Jope
Unilever is reportedly set to win the auction for the healthy snack brand
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City snapshot: Pip & Nut seeks £5m funding boost
Fast growing Pip & Nut has hired advisors to secure a major cash injection to drive the nut butter brand’s next stage of growth. Plus, Real Good Foods sells frozen desserts business in MBO spin-off and all the rest of the latest news from the City.
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News
Media Bites 1 Feb: Patisserie Valerie, Asda, Unilever
Patisserie Valerie, the café chain that crashed into administration last week, looks increasingly likely to be sold off in chunks, with its unreliable accounts deterring even those bidders that specialise in distressed companies.
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News
Sushi Gourmet owner Hana Group acquired by Permira
The global fresh sushi retailer, which is partnered with Sainsbury’s in the UK, has been acquired after four years under the ownership of TA Associates
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Analysis and Features
Will Tesco's new fresh food strategy prove counterproductive?
Tesco says it is motivated by convenience but some experts believe it could be left with an underwhelming range
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Comment and Opinion
As rumours swirl about Ocado and M&S, what kind of deal is most likely?
Analysts are united in their scepticism at theories surrounding the reported tie-up