All Finance articles – Page 374
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NewsMedia Bites 2 October: Aldi, Unilever, Tesco
Aldi has pledged to keep the “contract” with its customers by cutting prices below Tesco’s budget brand Jack’s, as sales hit an all-time high of £10bn in the UK and Ireland
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NewsPlanet Organic to double store count following acquisition
Inverleith LLP has purchased a majority stake in the organic supermarket for around £15m
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NewsHovis to cut 100 jobs after posting £11m losses
The baker has sold its Manchester and Selby mills, and will close its Southampton mill at the end of the year
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NewsAndrew Cracknell given 'clear mission' as new CEO of Tulip
The former 2 Sisters red meat boss been tasked with restoring earnings at Danish Crown’s UK pork business
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Analysis & FeaturesWhy are UK shareholders revolting against Unilever's restructuring plans?
A row is brewing over Unilever’s plans to scrap its dual British-Dutch structure and shift to a single corporate HQ in the Netherlands. The Grocer looks at the key issues
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NewsAldi will cut prices to stay cheaper than Jack’s, says UK CEO
A recent price comparison by The Grocer found Tesco’s new discount chain was £1.87 cheaper for a basket of 35 items
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NewsCity snapshot: Aldi UK and Ireland sales top £10bn as it pledges 130 new store openings
The UK and Irish arm of German discounter Aldi grew annual sales by 16.4% last year to £10.2bn and has pledged to open a further 130 stores over the next two years
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NewsMedia Bites 1 Oct: Tesco, Unilever, Harrods
Investors are braced for Tesco to report slowing sales growth this Wednesday despite a boost from the summer heatwave and England’s World Cup run.
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NewsKarro plans "significant M&A" after CapVest takeover
“Significant M&A” is planned at Karro Foods after the pork processor was bought by CapVest last year.
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News
Müller losses deepen on back of Dairy Crest dairies takeover
Müller’s UK and Ireland business fell further into the red as costs from its Dairy Crest dairies acquisition in 2015 continued to eat into profits.
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NewsUK snacks brand Kings Elite acquired by Australian tycoon
The York-based business has been sold to entrepreneur Tony Quinn for a figure north of £20m
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Analysis & FeaturesOC&C Top 150 2018: On the edge
No sooner has the industry’s growth engine finally spluttered into life, than suppliers find themselves hurtling towards a potential no-deal Brexit
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NewsAG Barr defies soft drinks headwinds to post sales jump
Customers may have kicked up a stink about the reformulation of AG Barr’s Irn-Bru, but the soft drinks maker kept sales bubbling in the first half despite the UK sugar levy and CO2 shortage.
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NewsMedia Bites 28 Sep: Sainsbury's/Asda, Bourbon, Pret
The news this morning is being dominated by the Competition and Markets Authority’s reasons for sending the £14bn merger between Sainsbury’s and Asda to a full phase 2 inquiry
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NewsOC&C report reveals highest supplier growth since 2009
Profit margins among the Top 150 are suffering amid escalating input and labour costs
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NewsCity snapshot: Growth for UK food and drink suppliers soars 7.5%
UK food and drink suppliers have surged to their highest growth levels since 2009, but profit margins are suffering amid escalating input and labour costs
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NewsWhole Foods Market UK slumps to £8.6m loss following store closures
Whole Foods Market UK slumps to £8.6m loss after store closures
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NewsCity snapshot: Gusbourne's losses grow as it invests in double-digit growth
AIM-listed English wine producer Gusbourne has posted double-digit growth in the first half of 2018, but losses grew due to investment in capacity. Plus all the rest of the latest news from the City.
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NewsMedia Bites 27 Sep: Brexit, Unilever, Amazon
Food import prices are set to rocket under a no-deal Brexit as punitive EU trade tariffs are slapped on food shipped in from abroad.
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NewsSales dive 12.5% at Laila's Fine Foods after major contract loss
The manufacturer of frozen and chilled meals had a “disappointing” year, its directors said, as margins also decreased