All Finance articles – Page 338
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News
Science in Sport to acquire PHD Nutrition for £32m
Sports nutrition supplier Science in Sport is set to acquire protein brand PHD Nutrition in a £32m deal.
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News
Media Bites 14 November: Premier Foods, B&M, Supermarket sales
Premier Foods’ chief executive Gavin Darby will step down after six years at the helm of the maker of Mr Kipling cakes
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News
Grocery spending slows down in October
Grocery shoppers spent less in October 2018 compared to the same time last year, according to newly released grocery market share data from Nielsen and Kantar Worldpanel.
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Comment and Opinion
Gavin Darby’s bitter sweet exit from Premier Foods
Premier Foods shareholders have got their way with the departure of CEO Gavin Darby
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News
Morrisons hikes milk prices in wake of farmgate increase
It comes amid concerns that extreme weather would tighten supplies and lead to prices rises
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News
Debbie Robinson to become Central England Co-op CEO
The Spar UK board ‘reluctantly’ accepted Robinson’s resignation
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News
Gavin Darby announces Premier Foods departure as it seeks Ambrosia sale
Premier Foods’ CEO Gavin Darby has announced he is to step down in January, while it has also said it is in talks to sell its Ambrosia brand
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News
Media Bites 13 Nov: Tobacco shares, Diageo, Kellogg's
Billions of pounds were wiped off the value of two British tobacco companies yesterday after reports that American regulators plan to ban menthol cigarettes.
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News
Former L’Oréal MD Jeremy Schwarz joins Good Hemp as Chairman
Plant-based food and drink business Braham and Murray Good Hemp has appointed Schwarz after four years leading The Body Shop
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News
Tesco faces massive equal pay claim as hearing begins
More than 8,000 workers are challenging the retail giant on equal pay
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News
Chocolate brand Montezuma's sells majority stake to PE group Inverleith
Consumer-focused private equity group Inverleith LLP has bought a majority stake in premium chocolate brand Montezumas
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News
Diageo to sell 19 brands to Sazerac for $550m
Booze giant Diageo has announced plans to sell a portfolio of 19 spirit brands to US group Sazerac in a deal worth US$550m.
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News
Media Bites 12 November: Supermarket waste, Amazon, Sainsbury's/Asda
Supermarkets, retailers and major drinks brands are set to pay tens of millions of pounds more towards recycling their used packaging under the government’s new waste strategy
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News
City News: M&S calls for action as food and clothing sales slide
M&S top team Archie Norman and Steve Rowe called for “significant change” as it reported a further decline in first-half sales
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News
Bon Bon Buddies in 'complete restructure' after debts mount
The struggling Welsh sweet maker confirmed a Company Voluntary Arrangement with creditors last month
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News
Deflation hits supermarket prices for first time in two years
The Grocer Price Index has found that supermarket prices are back in deflation for the first time in almost two years.
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Analysis and Features
PepsiCo to avoid premium snacks retail war by keeping Pipers Crisps Co's focus on foodservice
Walkers owner PepsiCo has entered the premium hand-cooked crisps space with its acquisition of Pipers, but will eschew the brutal promotional retail environment to grow its presence in foodservice.
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News
CafePod appoints advisors to secure £3m investment to fuel expansion
The supplier has appointed boutique firm Bluebox to secure the funding from an investor, which would value the business at £30m
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News
Kellogg's UK sales drop £50m as Pringles decline continues
Kellogg’s recorded a £50m plunge in UK sales in its most recent financial year as its Pringles lost sales to add to the structural decline of its cereals.
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News
EG Group to buy Australian chain Woolworths Petrol in A$1.7bn deal
EG Group, previously Euro Garages, will take control over Woolworth Group’s 540 site network