All Finance articles – Page 346
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NewsMedia Bites 8 March: Waitrose/JLP, Greggs, Plastics
John Lewis Partnership staff saw their bonuses cut to the lowest in 65 years in the face of difficult trading on the UK high street
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NewsFood fraud risk higher in no-deal scenario, says 2 Sisters tech boss
Higher prices caused by post-Brexit tariffs could create ideal conditions for food fraud, warned 2 Sisters’ new technical director
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NewsWaitrose to sell five stores as John Lewis Partnership profits dive
Waitrose has revealed plans to sell five stores to rival retailers, amid sliding profits at the John Lewis Partnership group
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NewsCity snapshot: Greggs annual sales surge past £1bn
Greggs has shrugged off “extreme weather conditions” and wider economic uncertainties to post a jump in full year sales and profits. Plus the rest of the latest news from the City.
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NewsMedia Bites 7 March: Patisserie Valerie, Tobacco stocks, Just Eat
Patisserie Valerie’s new owner has insisted it has the money and skill to rebuild the company despite sacking the café chain’s top management to save money.
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NewsLidl to develop Oldham hotel as part of new store deal
Oldham Council has agreed to sell Lidl space currently serving as a pay-and-display car park, subject to the supermarket f…
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NewsRobert Goodwill appointed farming minister by Defra
The MP for Scarborough and Whitby is a former immigration minister
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Comment & OpinionHow supermarkets can take a bite out of Deliveroo's on-demand crowd
Just Eat, Deliveroo and Uber Eats are soaring – and there’s plenty of room for supermarkets to cater for Britain’s takeaway habit
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NewsJust Eat sales surge on booming UK orders
A jump in orders and the acquisition of rival HungryHouse helped UK takeaway marketplace Just Eat grow revenues by 43% to almost £780m last year and move back into pre-tax profit.
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NewsMedia Bites 6 March: Sainsbury's, Brexit tariffs, AB InBev
“Sainsbury’s sales are stuck in reverse” writes The Times (£), while The Telegraph says the sales slide has piled further pressure on chief executive Mike Coupe.
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NewsSoaring Aperol sales drive 19% UK growth for Campari Group
The popularity of Aperol Spritz and Negroni cocktails boosted the spirit group’s UK sales in 2018
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NewsHolland & Barrett CEO Aldis resigns in leadership shake-up
The shake-up will see Steve Carson promoted to group managing director and John Walden become executive chairman
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News'Millennial booze cruisers' ravage Majestic's Calais stores as Brexit looms
Sales rose 49% throughout February, with pre-orders up 78%
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NewsGrocery sales growth slows amid Brexit caution
Grocery sales grew by 1.9% in the 12 weeks to 24 February as one in ten shoppers admit to stockpiling food in preparation for a possible disorderly Brexit.
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NewsMedia Bites 5 March: Boparan Restaurant Group, Aldi, Retail sales
The “chicken king” owner of the Giraffe and Ed’s Easy Diner restaurants is set to close a third of the two chains’ sites, putting hundreds of jobs at risk
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Comment & OpinionHow is Lidl maintaining its winning streak and what can we learn?
The discounter makes ’big bets’ and makes the effort to present an innovative offer, says Jeremy Garlick, partner at Insight Traction
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NewsPlant-based startup NotCo secures $30m funding round
The Chilean supplier, which produces plant-based replacements for mayonnaise, secured the cash injection from investors including The Craftory and Jeff Bezos’ family office
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NewsPep&Co clothing helps drive 'broadly flat' Q1 for Poundland
The variety discounter saw unaudited revenues rise 0.6% to €516m in Q1
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NewsCity snapshot: Geddes and Swann tapped for John Lewis Partnership top job
The departing bosses of Direct Line and travel retail giant SSP are reportedly vying to succeed Sir Charlie Mayfield as chairman of the John Lewis Partnership, BAT has raised frustrations over a 20-year legal battle and the rest of the news from the City
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NewsMedia Bites 4 March: M&S/Ocado, John Lewis, Amazon
Marks & Spencer chief executive Steve Rowe has launched a broadside against arch rival Waitrose, insisting he can offer ‘better quality and better prices’