All Finance articles – Page 351
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News
Pork product duo turn to crowdfunding to improve scale
Serious Pig and Cannon & Cannon have both turned to the crowd to scale up their retail presence.
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News
Unilever moves into snacking with £150m Graze acquisition
The Anglo-Dutch group’s first deal under new CEO Alan Jope was sealed this week.
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Comment & Opinion
Ocado and M&S: there's no smoke without fire
The fire is a serious blow to Ocado in the short term, with 10% of its UK capacity taken out
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News
City snapshot: High street suffers worst January since 2013
The UK retail industry suffered its worst start to the year since 2013, according to the monthly BDO High Street sales tracker. Plus, Brexit preparations and turnaround costs drive Kellogg’s to fourth quarter loss and Cranswick and Ocado shares plunge
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News
Media Bites 8 Feb: Premier Foods, Ocado, Cranswick
The former chief executive of Premier Foods, Gavin Darby, has been awarded a golden handshake worth at least £1.1m from the heavily indebted foodmaker.
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Analysis & Features
From collapse to collapse: can Oddbins be saved a second time?
The off-licence chain’s turnaround was trashed by tax woes, changing shopper tastes, Brexit and steep competition. We ask whether Oddbins has a future?
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News
Ocado warehouse fire latest: evacuation area lifted
Properties up to a mile from the facility were evacuated yesterday amid fears of a toxic gas leak or explosion
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News
Burton’s Biscuits agrees deal for Thomas Fudge’s
Burton’s has agreed a deal to acquire premium biscuit manufacturer Thomas Fudge’s from private equity owner Livingbridge.
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News
Media Bites 7 Feb: Ocado, Calsberg, Brexit
Online supermarket Ocado has been forced to cancel orders and warned of a “hit to sales” after the huge blaze ripped through its robotic warehouse.
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Comment & Opinion
What the Graze deal tells us about Unilever’s D2C strategy
D2C has been important for Unilever since its acquisition of Dollar Shave Club in 2016
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News
Fire at Ocado's Andover site caused 'substantial damage'
Operations at the facility remain suspended, affecting the online supermarket’s ability to meet demand
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News
Unilever wins £150m race for Graze
Unilever has acquired healthy snacking brand Graze in its first acquisition under new CEO Alan Jope.
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News
Media Bites 6 Feb: Ocado, Unilever, Grocery market share
A fire at one of its high-tech warehouses yesterday dealt a blow to Ocado, on the same day that it reported a rise in annual losses and announced a new one-hour delivery service.
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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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News
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.