All Finance articles – Page 39
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NewsAsda to offer sustainability-linked financial incentives to its suppliers
Asda farmers who engage in sustainability practices and work towards decarbonisation will get access to better financing from HSBC UK
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NewsBiscuiteers exceeds £250k crowd goal and appoints Childs Farm founder Joanna Jensen as non-exec
Biscuiteers has smashed a six-figure crowdfunding goal and appointed Childs Farm entrepreneur Joanna Jensen to its board
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NewsAG Barr shares lose fizz despite Irn-Bru and Rubicon owner outperforming soft drinks market
AG Barr shares lost ground this week despite the Irn-Bru supplier reporting a strong set of first-half results in a challenging soft drinks market
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NewsMorrisons makes turnaround headway but sales growth slows in Q3
Like-for-like sales growth has slowed at Morrisons in a ’noticeably softer’ third quarter as new CEO Rami Baitiéh continued his turnaround efforts
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NewsVita Coco credits emerging ‘natural hydration’ trend for double digit sales growth
Sales of Vita Coco in the UK were up by 23% in 2023
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NewsRheal hires advisors as it explores sale and expansion options
Rheal has hired M&A advisors to explore a sale of the rapidly growing superfoods brand as it looks to expand the business further into the grocery channel and international markets
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NewsDiageo strikes deal for US non-alcoholic spirits market leader Ritual
Diageo took a minority stake in Ritual via its Distill Ventures incubator in 2020
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NewsMeatable secures multimillion-pound funding for lab-grown meat
The credit will help Meatable ramp up its commercial activity
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NewsCity snapshot: Morrisons agrees £331m property deal on 76 supermarkets
Morrisons has signed a £331m deal to release value from its portfolio of stores as the supermarket continues with a turnaround attempt under new CEO Rami Baitieh. Plus, Asda launches new sustainability-linked enhancement to its supply chain finance scheme, trading updates from Poundland owner Pepco and Diageo, and interims from Adnams
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NewsMedia Bites 26 September: consumer spending, Co-op, Brexit border checks, single-use plastic
Co-op has revealed a £40m hit from shoplifting in the first half of the year, and personal spending on retail has improved
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NewsDanone doubles down in kefir with $280m offer for Lifeway Foods
The offer follows the French multinational’s expansion into the kefir market in the UK
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Comment & OpinionBusiness rates relief is welcome, but high streets need a new culture
Reviving our high streets will take more than financial tweaks – but there are plenty of ideas around the country, says Joanna Blythman, food journalist and author of Swallow This
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NewsMedia Bites 25 September: Labour Party conference, instant noodles
The nationals focussed heavily on the announcements from the Labour Party conference.
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NewsCity snapshot: Co-op turnaround strategy gains momentum in first half
Co-op has returned to the black as it boosted food sales and grew membership numbers by almost a million year on year. Plus, Kitwave has acquired family-owned food wholesaler Creed Catering Supplies in a £70m deal
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NewsQuorn parent Marlow Foods restructures as losses race past £60m amid plant-based slump
Losses have raced to more than £60m at Marlow Foods as the owner of Quorn and Cauldron continued to restructure the business amid a further deterioration in the meat alternatives market
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Analysis & FeaturesWhy is Unilever selling its ice cream business?
Unilever wants to spin off its £7bn-sales global ice cream business. Why? Who wants to buy it? And will it work?
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NewsWilton London brand rescued from liquidation by Boomerang Media
Wilton’s staff were notified the business had called in liquidators via email last month
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NewsCity snapshot: AG Barr scores good result from Euros Irn-Bru campaign
Sales at AG Barr have increased by more than £10m in the first half after a “highly effective” marketing campaign during the Euros football tournament in the summer boosted the popularity of Irn-Bru. Plus, Cake Box has revealed a collaboration with Nutella to launch a lineup of five new products for the UK market
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NewsMedia Bites 24 September: Tesco chicken nuggets spark controversy as M&S shares soar
Tesco has been accused of skimping on the chicken in its Aldi price-matched nuggets
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NewsFermtech hits crowdfunding target to scale up production of fermented protein source
Fermtech makes clean-label protein by growing fungi from food waste, using spent grains from a local brewery in a patent-pending system