All Finance articles – Page 328
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News
Nick Mackenzie hired as Greene King CEO
Mackenzie joins from Merlin Entertainments, where he was responsible for brands such as Madame Tussauds and the London Eye
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News
Reckitt Benckiser CEO Rakesh Kapoor to stand down
Consumer health giant Reckitt Benckiser has announced this morning that Rakesh Kapoor will retire from his position as CEO by the end of 2019.
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News
Media Bites 16 Jan: Brexit, M&S, Consumer spending
Philip Hammond sought to reassure business leaders on Tuesday night that a no-deal Brexit could be blocked, while also raising for the first time the possibility of a delay to Article 50.
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M&S confirms closure of further 17 stores
Thirty stores have already closed as part of M&S’s plan to shut more than 100 by 2022
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News
Former Mondelez UK MD Mike Taylor joins Montezuma's as Chairman
The appointment comes two months after Montezuma’s was acquired by Inverleith LLP
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Booths credits Christmas sales hike to click & collect uplift
Booths also said that its profits excluding tax also rose 4.5% compared with a year ago
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City snapshot: Bart Becht resigns as JAB Holdings chairman
The chairman of JAB Holdings, veteran dealmaker Bart Becht, has resigned after a reported split with his two partners, Lindt & Sprüngli saw sales jump 5.5% in 2018, and the rest of the news from the City
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News
Media Bites 15 Jan: JAB Holdings, Stockpiling, Gillette
Bart Becht, the chairman of Pret-owner JAB Holdings, has quit after a split with his two partners
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News
Dan Jago to step down as Berry Bros & Rudd CEO
Jago spearheaded a three-year turnaround of the upmarket retailer
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News
Young Foodies and Spayne Lindsay launch funding platform
The fmcg community network and the corporate finance firm have launched YF funding to aid founders and investors
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News
Gareth Jones takes over as CEO at Musclefood
Musclefood founder Darren Beale will take a part-time, non-executive advisory role
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News
Retail footfall slumps over Christmas
Retail footfall over the Christmas period fell by 2.6% according to the latest BRC-Springboard footfall and vacancies monitor.
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Media Bites 14 Jan: Sainsbury's/Adsa, Patisserie Valerie, AB InBev
Sainsbury’s is facing a tougher battle than it had expected to get regulatory approval for its proposed takeover of Asda without onerous conditions.
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News
Profits plunge 29% at Oscar Mayer after PE takeover
The ready meal supplier saw profits fall on the back of rising raw material costs
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News
Blakemore takes £18m hit after exiting cash & carry sector
Annual results for the year ending 30 April 2018 show the wholesaler recorded a loss of £18.8m on sales of £1.26bn
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News
Profits slump at Princes after 'raw material price increases'
Princes had already announced plans to shut down its Chichester manufacturing site in 2020
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Analysis and Features
Sainsbury's shares rise despite weak third quarter
The City sent the supermarket’s shares upwards despite it being singled out as the industry laggard in Christmas performance
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News
Gato & Co secures £200k cash boost after rejecting Dragons
Seven new investors have backed the pudding supplier in the new funding round
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Analysis and Features
Why food and drink faces a volatile, more expensive 2019
With Brexit, the US-China trade war and El Niño in the mix, grocery should brace for a tough year
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News
City snapshot: Lidl festive sales jump 8%
Sales at Lidl jumped 8% year-on-year over the festive period, driven by strong sales of its Deluxe range. Plus Fortnum & Mason sales surge 12% over Christmas and all the latest news from the City.