All Finance articles – Page 4
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News
Beyond Meat running out of cash despite return to growth
Investors are now hoping the business has turned a corner after sales grew 7.6% to $81m in the three months to September, and gross profit turned from a $7.3m loss to a $14.3m profit
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Gillian Anderson’s G Spot attracts attention from Heineken
The Dutch brewing giant acquired a minority stake in the company, launched by the Sex Education and X Files star last year, and will help accelerate its expansion and boost brand awareness
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City snapshot: Sainsbury’s confident of ‘strong’ Christmas as Taste the Difference lifts sales
Sainsbury’s has entered the golden quarter in good shape as its premium Taste the Difference offering helped boost sales in the first half. Plus, first-half results from Tate & Lyle and a trading update from Kitwave
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News
Media Bites 7 November: M&S results, Trump win, Christmas ad spend
Marks & Spencer has reported a jump in profits but warned measures in last week’s budget could cost it more than £60m
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News
KP Snacks enters nut butters with Whole Earth Foods deal
KP Snacks has moved into the nut butter category with the acquisition of branded leader Whole Earth Foods
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News
Caffè Nero Group completes second acquisition in a month with FCB coffee
The brand is the sixth acquisition by the group since 2016
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News
Graze cuts costs ahead of Unilever integration
Unilever decided to integrate Graze after it made a loss in every full year since it was purchased
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News
Budget measures to heap £120m in added costs on M&S, says chief
Stuart Machin said ‘we don’t want to pass on these costs to our customers’ through price rises but ‘can’t rule anything out’
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Media Bites 6 November: Asda, air fryers, farming strikes
Farmers are reportedly planning strike action in response to plans to introduce a 20% inheritance tax on farms
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News
City Snapshot: M&S has ‘so much to do’ as profits beat expectations
Pre-tax profits surged 17% in the first half of the year, propelled largely through its food business. Also, Domino’s Pizza returns to sales growth and Glanbia announces major restructure
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News
JNCK Bakery raises £200k to support Tesco launch
JNCK became one of Tesco’s latest recruits for its new Accelerator Programme
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News
KinKind hits target for UK and US expansion
The business makes plastic and water-free bathroom products
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News
Tazaki Foods buys Finnish wholesaler to boost Japanese food presence
Tazaki Foods is the largest importer and distributor of Japanese food and drink in the UK
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News
Kepak buys Summit Foods to enter sandwiches and frozen for first time
Summit Foods specialises in chilled and frozen convenience foods
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Robertshaw’s to open store on former Keelham Farm Shop site
Fourth-generation family business Robertshaw’s already operates a farm shop in Thornton, Bradford
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Fresca Group sales breach £500m mark in robust year of growth
In its annual report for the period ending 26 April 2024, the company reported an increase in turnover of 13.8% up from £459.4m in the year before
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News
Northern Monk closes crowdfunding campaign after raising almost £2m
The raise has seen nearly 2,000 investors join the brewer
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Comment & Opinion
What does the budget mean for fmcg growth prospects in 2025?
Efficiency will be the watchword for 2025 as businesses navigated rising expenses, says Alex Lawrence, senior strategic insight director at Circana
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News
Media Bites 5 November: shoplifting, Sainsbury’s/M&S, Tobacco and Vapes Bill
Shoplifting remains in the spotlight in this morning’s papers, with impending results from M&S and Sainsbury’s also in focus
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News
City snapshot: Associated British Foods delivers better-than-expected profits
Profits at Associated British Foods have beaten market forecast thanks to margin recovery at Primark and “good growth and strong profitability” in the food division. Plus, interims from Distil, a trading update from Hilton Food Group, Q3 results from Coca-Cola Europacific Partners and the latest retail sales data from the BRC and spending report from Barclays