All Finance articles – Page 36
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NewsSainsbury’s shares slump as Qatar Investment Authority reduces stake
Qatar’s sovereign wealth fund is selling stock in the supermarket worth £306m, reducing its holding by about 5%
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NewsUnitas Wholesale appoints new finance director Nick Shaw
Shaw will join a reconfigured executive team at the buying group
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NewsMedia Bites 11 October: UK economy back in growth, workers reforms
The UK economy has returned to growth in August
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NewsCity snapshot: THG raises £95m to progress Ingenuity spin-off
THG has raised £95.4m from shareholders to help fund its planned demerger of the Ingenuity DTC platform. Plus, the group also published Q3 results
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NewsSoft drinks challengers Nix & Kix and Square Root find rescue deals
Soft drink challengers Nix & Kix and Square Root Soda have secured rescue deals to ensure the survival of the brands after being hit by challenging headwinds in the category
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NewsGreencore investors show continued appetite for shares
Shares in Greencore shot up 10% this week as another profits upgrade led to analysts in the City raising their target prices for the stock
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NewsUnilever finally completes exit from Russia
Unilever had previously resisted calls to exit Russia
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NewsFreshways continues bounceback with 435% leap in profits
Sales also climbed, by 3% to £359m, according to the supplier’s 2023 accounts
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NewsFWD to offer extra funding in revamped bursary
The FWD’s Fellowship Fund has been renamed and given extra funding
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NewsWhole Foods Market UK losses narrow after value push
The Amazon-owned grocer began a value campaign in 2023 in a bid to lure UK shoppers to its stores
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NewsCity snapshot: Treatt confident in long-term prospects after strong second half
Treatt has maintained profits and sales expectations for the year thanks to strong momentum in the second half. Plus, Waitrose unveils multi-year partnership with Just Eat
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NewsMedia Bites 10 October: Quality Street, Ratan Tata, online shopping
Quality Street is trialling a paper tub. Ratan Tata, the former Tata Group chairman, has died at 86
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NewsPrime Time’s functional beer tempts crowdfunders after Waitrose debut
The raise values the company at £14m
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NewsBirds Eye loses market share despite revenue boost
Birds Eye has faced stiff competition since brands began piling into frozen foods
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NewsWhittard back in profit as shoppers return to high street
The tea and coffee retailer saw turnover grow 8% in 2023
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NewsKP Snacks defies inflation to double profits in past three years
Pre-tax profits grew £30m last year as the company boosted margin
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NewsGenius Foods replaces CEO as turnaround continues
Adam Smart leaves the company after 18 months in the job
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NewsMedia Bites 9 October: Brandy, Kantar, Europastry IPO, 7-Eleven
The papers pick up on a trade row in Brussels and also report the latest supermarket data from Kantar
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NewsCity snapshot: Marston’s optimistic about future as a focused pub group
Marston’s has outperformed the market and pointed to significant opportunities ahead as a focused pub group.
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NewsPepsiCo cuts sales outlook due to weakening demand
The fmcg giant saw volumes slip in the third quarter across most divisions