All Finance articles – Page 68
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NewsMedia Bites 10 April: Retail crime, Home Bargains, M&S
ssaulting a shopworker is to be made a separate criminal offence after a government U-turn following pressure from campaigners
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NewsCity snapshot: Focus on value wins over shoppers as Tesco reports bumper sales and profits
A ‘substantial’ easing of inflation has helped drive a double-digit increase in profits at Tesco as the supermarket boosted market share and saw volumes recover. Plus, full-year results for THG and a first-half trading update from Treatt
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NewsArtemis Tenacious Group created to drive investment in legal cannabis
Global cannabis industry investment firm Artemis Growth Partners and cannabis consumer products group Tenacious Labs have created a partnership to drive investment in global cannabis market
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NewsCity snapshot: Early Easter boosts March retail sales
Strong food sales in the run-up to this year’s early Easter boosted UK retail sales in March, though non-food sales continued to decline
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NewsMedia Bites 9 April: John Lewis Partnership, retail sales
The surprise appointment of Jason Tarry as the next JLP chairman dominates coverage in today’s papers
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NewsMarleybones wins backing from JamJar and Active Partners
The fresh dogfood startup has raised almost £1m in seed funding as the business aims to expand its retail distribution following recent wins
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NewsRe:Nourish wins six-figure backing to support expansion
The challenger brand will use the expansion loan to increase its manufacturing capability and back sales and marketing initiatives
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NewsTesco joins grocery giants offering funds for sustainability startups
The W23 Global initiative includes Tesco, Ahold Delhaize, Woolworths Group, Empire Company/Sobeys and Shoprite
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Comment & OpinionAs trust in digital systems plummets, cash is back
In 2022 cash use grew for the first time in a decade, says Joanna Blythman, food journalist and author of Swallow This
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NewsCity snapshot: Cake Box profits beat expectations
Cake Box has lifted profits ahead of market expectations thanks to a renewed marketing push, a brand refresh and a new online store
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NewsMedia Bites 8 April: Asda/Aldi, Ocado, Retail insolvencies
Aldi has overtaken Asda to become Britain’s third biggest supermarket
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NewsHilton offers ‘a lot to like’ for investors as profits bounce back
Profits have bounced back at Hilton Food Group, which clawed back margin as input costs eased and the turnaround of its seafood division progressed ahead of expectations
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Comment & OpinionMinimum wage, maximum effort: the pay conundrum for food and drink
Skills, expectations and stakes are higher than ever, but the rewards are increasingly in inverse proportion
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Analysis & FeaturesInside the shrinking fmcg wage purse: why isn’t pay keeping pace?
The pandemic days of employers making strenuous efforts to support staff are over, as pay lags inflation and competition for roles increases. Instead, more sustainable – and cheaper – support is being offered
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NewsCity snapshot: Early Easter fails to reverse footfall decline
Easter falling at the end of the March failed to reverse the ongoing decline in retail footfall in 2024, according to the latest data from BRC-Sensormatic IQ
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NewsMajestic completes acquisition of Vagabond Wines
The deal would protect the jobs of 171 employees at Vagabond, Majestic said.
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NewsMedia Bites 5 April: The Co-op, DS Smith, Retail sales
The boss of the Co-Operative Group has dismissed claims that the mutual model is broken after the food-to-funerals group reported a slump in annual profits
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NewsTofoo Co weighing up strategic options as sales boom
Investment bankers at Piper Sandler are in the early stages of a process to weigh up interest in the fast-growing tofu brand, according to City sources
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NewsPosh food delivery brand Supper London ends operations
Supper London had set itself apart from other food delivery companies by only working with the capital’s top restaurants and delivering orders on canopied bikes
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NewsCity snapshot: Membership growth boosts sales and profits at Co-op
The Co-op moved back into operating profit last year as strong membership growth and increased like-for-like food sales boosted performance at the group