All Finance articles – Page 359
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NewsSmiths News agrees Seymour Distribution deal to 2025
The deal will see Seymour handle distribution in all Smiths’ territories, worth about £79m in annual revenue
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NewsCity snapshot: Patisserie Valerie continues management revamp with new commercial director
Patisserie Valerie has appointed former Starbucks executive Rhys Iley to take up a new Patisserie Valerie group commercial director role. Plus, retail shares plummet on ASOS warning, new chairman for Carr’s Group and all the rest of the latest news from the City.
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NewsMedia Bites 18 Dec: Retail industry, Just Eat, Patisserie Valerie
The retail industry has taken another battering with just under £1.4 billion wiped off the stock market value of the sector after Asos raised new fears about consumer spending.
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NewsPatisserie Valerie appoints ex-Starbucks boss to new group commercial director role
Patisserie Valerie has appointed a retail “heavy hitter” to lead its front of house operations, completing the new management team that new CEO Steve Francis has brought to turn around the crisis-stricken chain.
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NewsPre-Christmas promotions set to hit Black Friday levels
Promotional activity is starting to increase again and will match Black Friday levels this week, according to PwC
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NewsBooths recalls own-label salads over undeclared allergens
The FSA said Booths’ failed to list soya, wheat and mustard on the packaging
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NewsSainsbury’s and Asda win court hearing against the CMA
Sainsbury’s and Asda won a competition appeal tribunal against the Competition & Markets Authority to be granted extra time to respond to the merger enquiry.
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NewsMedia Bites 17 Dec: Just Eat, Sainsbury's/Asda, Christmas trading
A US hedge fund has criticised Just Eat for becoming “the worst-performing public equity in online food delivery”.
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Grocer 33Asda out in front at halfway point of Grocer 33 year
Asda beat proposed merger partner Sainsbury’s by almost £3 this week, confirming its dominance as we pass the halfway point of the Grocer 33 year.
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NewsNando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.
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NewsCity News: Sainsbury’s shares sink following CMA legal challenge
Sainsbury’s this week reassured shareholders its legal challenge to the Competition & Markets Authority had not dented its “confidence” its mega-merger with Asda will go ahead, but nervous shareholders had other ideas.
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NewsWhite Rabbit Pizza Co secures £750k cash boost from angel investors
Gluten-free startup White Rabbit Pizza Co has secured a £750k cash injection to underpin its expansion plans.
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NewsPlanet Organic back in growth before private equity buyout
Planet Organic moved back into the black in the run-up to its PE buyout earlier this year.
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NewsGraze sales slide despite in-store growth as sales process continues
Sales dived 5.2% at healthy snacking brand Graze last year, despite a strong performance from its retail arm.
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NewsLow and no-alcohol wine sales drop despite moderation trend
Sales of low and no-alcohol wine fell £3.4m to £70.2m over the past 12 months
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Analysis & Features10 of the fastest growing grocery challenger brands
Health is the common thread linking together many of this year’s successful challenger brands
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NewsCity snapshot: Graze sales slide as buyout nears
Sales dived 5.2% at healthy snacking brand Graze last year as the search for a buyer continues into the New Year. Plus, British American Tobacco makes a raft of staffing changes, Dole Food Company sells European salad businesses to BAMA International and all the rest of the latest news from the City.
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NewsMedia Bites 14 Dec: Sainsbury's/Asda, UK high street. Ocado
The Competition and Markets Authority is delaying publishing its initial findings on the merger of Sainsbury’s and Asda from early next month to early February
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NewsJJ Food Service sales pass £200m - but profits decline
The company saw pre-tax profits plunge from £6.1m to £3.7m
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NewsOcado retail sales up 12% in fourth quarter
Ocado has grown its retail revenues by 12% in the fourth quarter, driven by a double-digit increase in order numbers.