All Finance articles – Page 357
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Comment & OpinionIs the CMA easing up on food and drink mergers?
There have been more reviews, but not more regulatory interventions, says Andrew Taylor, partner at Aldwych Partners
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NewsHartley's & Mulberrys off-licence owner appoints liquidators
Its creditor BNP Paribas Leasing Solutions petitioned to have the business wound up in December
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NewsSainsbury's festive sales fall 1.1% despite grocery growth
Sainsbury’s has blamed “cautious consumer spending” for a 1.1% fall in like-for-like sales over the Christmas period, Naked Wines has driven growth at Majestic, and much more on a busy day in the City
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NewsMedia Bites 9 Jan: Morrisons, Grocery market share, John Lewis
Morrisons reported a like for like festive sales jump of 3.6%, though its core retail business grew by a more modest 0.6%
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NewsIceland still selling own-label palm oil products
About 30 Iceland own label products containing palm oil remain on sale
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NewsAndrew Mann joins M&S to lead on customer loyalty
Mann was previously Asda’s vice president of insight, pricing & digital customer relationship management
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NewsWholesale growth drives 3.6% Morrisons Christmas sales rise
Morrisons has reported a like for like festive sales jump of 3.6%. Plus market share data shows a slowdown in grocery growth over Christmas.
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NewsMedia Bites 8 Jan: Aldi, Supermarket price cuts, Luke Johnson
Aldi rang up nearly £1 billion of sales in December in another record period for Christmas trading in Britain
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NewsKit's Peanut Chutney reaches out to crowd for £100k cash boost
The unique condiment brand was founded last year by former Candy Kittens head of digital marketing Max Maharajh and his uncle Kit
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NewsMindful Chef secures £6m investment from PE firm Piper
The healthy recipe box business received the cash boost to drive rapid growth plans
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NewsSelfridges reports 8% rise in sales for Christmas period
Sales were up also up 8% in the week leading up to Christmas 2018
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NewsMedia Bites 7 Jan: Marks & Spencer, Morrisons, Christmas trading
Marks & Spencer is set to lose the battle of the Christmas aisles as its struggling food arm posts its worst festive performance for a decade
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NewsMeal kit supplier Gousto secures £18m cash injection
The direct-to-consumer business received the funding from fitness guru Joe Wicks, alongside a group of existing investors
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NewsUS expansion puts Baxters back in the black
Soup maker Baxters Food Group is back in the black after a year of US expansion grew sales.
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NewsCheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017.
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NewsAddo Food Group plunges into red in first year of PE ownership
PE house LDC completed a secondary buyout of the Pork Farms munfacturer in April 2017
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NewsMelrose & Morgan seeks £250k to fund two store openings
The business is offering investors 12.2% equity based on a £1.8m valuation
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NewsCity snapshot: Cheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017. Plus, BRC Nielsen Shop Price Index finds decelerating food inflation, new CFO at McColl’s and all the rest of the latest news from the City.
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NewsMedia Bites 4 Jan: Brexit/farmers, Next/Christmas trading, Shop prices
A no-deal Brexit would spell severe disruption for the UK’s farming and food industries, and hardship for small farmers in particular, according to environment secretary Michael Gove.