All Finance articles – Page 333
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NewsGood Club aims to be ‘world’s first zero-waste online grocer’
The retailer intends to kick off a trial in the autumn of reusable packs for around 30 SKUs
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Analysis & FeaturesCan the Morrisons-Ocado split really be a win-win?
Ocado gets back CFC space, Morrisons can sign new deals. So is it really a better deal all round?
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NewsAsda like-for-likes up 0.5% with Easter adjustment
Asda CEO Roger Burnley said the supermarket remained focused but warned of challenges ahead
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NewsBakkavor buys desserts business Blueberry Foods
Listed prepared foods supplier Bakkavor has bought up desserts business Blueberry Foods from Samworth Brothers.
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NewsCity snapshot: Nestlé agrees £8bn skincare division sale
Nestlé has announced this morning it has entered into exclusive negotiations with a consortium led by Swedish private equity firm EQT and the Adbu Dhabi Investment Authority over the sale of its skincare division. Plus, John Lewis Parntership ends defined benefit pension scheme and all the rest of the latest news from the City.
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NewsMedia Bites 16 May: John Lewis Partnership, Asda, Morrisons
John Lewis has axed the last remnants of its gold-plated pension plan in an attempt to fill a hole of nearly £200m in the scheme
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NewsI Love Snacks seeks £300k of crowd cash to grow listings
’Better-for-you’ snacks company I Love Snacks has returned to crowdfunding platform Crowdcube for a second time in a bid to raise £300,000 in return for nearly 11% equity to help it on its next stage of growth. The company, which sells through more than 300 Waitrose outlets, ...
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Comment & OpinionWalmart has a plan B to back out of Asda. But can it attract investors?
Judith McKenna’s next move is to float the idea of a listing on the London Stock Exchange. But Asda still has a mountain to climb
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NewsDairy Crest name to disappear as it rebrands to Saputo Dairy UK
The move follows the replacement of long-serving CEO Mark Allen with his deputy, Tom Atherton
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NewsAsda planning IPO and £80m in price cuts
Walmart International president and CEO Judith McKenna said the IPO could take years
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NewsLiquidators appointed for Choccywoccydoodah
Specialist chocolatier Choccywoccydoodah has appointed business advisory firm Quantuma to wind-up the company.
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NewsCity snapshot: Walmart ‘seriously considering’ Asda IPO
Walmart International CEO Judith McKenna has told Asda staff that a public listing of the UK supermarket chain is being ‘seriously considered’ following the collapse of its merger with Sainsbury’s.
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NewsMedia Bites 15 May: Walmart/Asda, Greggs, Dave Lewis
Walmart has told Asda staff it is seriously considering a stock market listing for its UK supermarket group – the first time it has acknowledged the speculation about Asda’s future
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NewsTesco boss Dave Lewis picks up £4.6m annual pay packet
Tesco CEO Dave Lewis took home an annual pay package worth £4.6m last year – a figure slightly down from the £5.1m he received in the previous financial year.
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NewsHolland & Barrett appoints Tony Buffin as CEO
Buffin will take over from Peter Aldis after resigned in March
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Analysis & FeaturesAsda pressures rivals with highest overall price cuts
The retailer has emerged as the primary driver of grocery prices moving back into deflation this year
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NewsPremier Foods unveils plant-based snack brand Plantastic
The first on-the-go options will a mixed grains dessert pot range and a three-strong lineup of cake bars
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NewsTesco reports 17% fall in food waste from its operations
Tesco said it was now 81% of the way towards its target that no food safe for human consumption goes to waste
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NewsExceptional costs drive £43m annual loss for Premier foods
Premier Foods has fallen to an annual loss of £42.7m as impairments and pension charges hit its bottom line, but core profitability improved in a further sign of “consistent progress”.
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NewsMedia Bites 14 May: Impossible Foods, UK retail shares, Boots
Plant-based meat company Impossible Foods has raised $300m in its latest funding round to increase its value by two-thirds to $2bn.