All Finance articles – Page 364
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NewsSimplyFresh appoints Tim Chalk as CEO
The appointment will see SimplyFresh co-founder Kash Khera become COO
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NewsCo-op to open 12 London stores in one month
The first store opened last week in Portman Square, Westminster
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NewsSSP Group CEO Kate Swann steps down after “record” year
Travel food-to-go specialist SSP Group has announced its CEO Kate Swann is to step down next year after it posted 22.7% surge in full year underlying operating profit and revenue growth of 9.5%.
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NewsMedia Bites 21 Nov: Sugar tax, Compass Group, Patisserie Valerie
Britain’s sugar tax has raised well under half the originally forecast amount in its first seven months, reflecting a huge shift by drinks manufacturers to cut the amount of sugar in their products.
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News2 Sisters losses deepen in fourth quarter
2 Sisters owner Boparan Holdings’ pre-tax losses more than trebled to £53.8m in the fourth quarter of 2017/18
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Analysis & FeaturesFour key takeaways from Sainsbury's half-year results
What do Sainsbury’s half-year results tell us about how well its strategy is working?
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NewsIGD names Susan Barratt as new CEO
Barratt will succeed Joanne Denney-Finch who stepped down in September
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NewsCompass Group annual profits rise 7% despite UK margin pressures
Food service giant Compass Group reported a 5.5% jump in full year organic sales to £23.2bn.
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NewsMedia bites 20 November: Consumer spending, Energy drinks, Beyond Meat
Online shopping and food retailers are forecast to be the winners this Christmas as consumers keep a tight rein on spending on clothing, homewares and other non-food items
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NewsNational Lottery ticket sales leap by 5.4% this year
Sales across the National Lottery’s range of scratchcards and online instant win games also rose by £136m
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NewsThird quarter earnings slump 9% at Dole after oversupply
Earnings fell 9% for the third quarter at fresh produce supplier Dole, after an oversupply resulted in lower pricing
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NewsMedia Bites 19 Nov: Brexit, Colman's, Kimberley-Clark
Britain is running out of food warehousing space as retailers and manufacturers rush to stockpile amid growing fears of a no-deal Brexit
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NewsThe Ethical Butcher seeks £350k to launch direct-to-consumer arm
The meat wholesaler has launched a Crowdcube campaign to fund the new service for carbon negative meat
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NewsUS-based Lineage Logistics acquires Yearsley Group
The deal was struck due to synergies between both businesses operating models
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Analysis & FeaturesCity news: Asda posts sixth consecutive quarter of organic growth
Asda’s resurgence continued this week as it posted like-for-like growth of 2% in the third quarter to post its sixth consecutive quarter of organic growth.
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NewsScandal-hit Patisserie Valerie hires ex-Tulip boss Francis as new CEO
Francis has replaced Paul May at the helm of the crisis-hit bakery chain
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NewsWorld foods supplier TRS Group eyes sale
The £109m-turnover business hired advisors Stamford to prepare for a sale early next year, The Grocer understands
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NewsPremier to seek 'over £100m' from Ambrosia sale, say analysts
The company confirmed plans to divest its third-largest brand on Tuesday 13 Nov, as Gavin Darby announced his departure
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NewsCity snapshot: Asian foods specialist TRS Group seeks buyer
World foods supplier TRS Group is eyeing up potential buyers after the £109m-turnover business hired advisors to prepare for a sale, The Grocer understands. Plus, Imperial Brands responds to new proposals to regulate vaping and menthol product sales and all the rest of the latest news from the City.
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NewsMedia Bites 16 Nov: Asda, US tobacco bans, Patisserie Valerie
Asda revival continues as sales rise again, writes The BBC as the media also reports on US restrictions on vaping and menthol tobacco and boardroom changes at Patisserie Valerie.