All Finance articles – Page 69
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News
City snapshot: Mults growth slows as price war ramps up
Supermarket growth has slowed and remained below inflation as shoppers take advantage of loyalty scheme discounts, according to the latest data. Plus, THG reports progress in Q3 and food producer prices fall for first time in three years.
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News
Media Bites 17 October: National Lottery, food prices, M&S
The incoming operator of Britain’s National Lottery said it expects to initially fall short of promises it made bidding for the lucrative government contract as it prepares to take control of the country’s largest distributor of charity funds.
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Comment & Opinion
The CMA will find deducing evidence of profiteering enormously difficult to prove
The Competition & Markets Authority is expected to complete the second phase in its enquiry into ‘profiteering’ this autumn. It will be fascinating to see how it approaches the task
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Promotional Features
Overcome pricing and promotional forecasting challenges
For CPG brand suppliers, presenting retail partners with new pricing and promotional strategies can be complex. In this article, dunnhumby’s head of insight sales Moray Duncan reveals how to tackle key forecasting challenges.
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News
City snapshot: M&S kicks off recruitment drive for 10,000 Christmas staff
Marks & Spencer has launched a recruitment drive to appoint 10,000 customer service assistants for its stores over the Christmas trading period.
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News
Media Bites 16 October: chocolate, THG, shoplifting
The current market is tough for chocolatiers, but they are hoping for a happy Christmas this year thanks to the revival of a number of classics and recent sales figures that suggest this could be a bumper festive season.
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Interviews
Chapel Down CEO Andrew Carter on comebacks, climate change and raising capital
Nearly a decade after a tumultuous exit from one of wine’s biggest players, Andrew Carter is fizzing with excitement at the opportunities presented by English sparkling
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News
City snapshot: British American Tobacco fills new role of chief people officer
British American Tobacco has appointed Cora Koppe-Stahrenberg to the new role of chief people officer.
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News
Quorn owner hit by cost hikes and falling demand in meat-free
Quorn parent Marlow Foods has plunged into the red as soaring costs, falling demand for plant-based in supermarkets and one-off redundancy charges hit the Monde Nissin-owned group.
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News
Heinz profits increase despite Tesco dispute
Heinz has recorded bumper profits in the year it pulled products from Tesco shelves after a row over price rises.
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News
Media Bites 13 October: vaping, Boots, Finsbury Food
The UK has launched a consultation into restricting the sale of vapes, as both major political parties support imposing much harsher rules on the sale of enticing disposable e-cigarettes that have soared in popularity among children.
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News
Whitby Seafoods abandons Kilhorne Bay acquisition plans
The scampi supplier said resources required to engage in the next phase of the investigation were ‘out of proportion to any potential benefit from the deal’
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News
Robson-Kanu shots brand The Turmeric Co nets £1m for global push
The Turmeric Co, the functional shots challenger launched by footballer Thomas Hal Robson-Kanu, has closed a Series A fundraise to support global growth
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News
Moy Park takes major knock to profitability as high inflation bites
The processor said cost rises continued into 2023
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News
City snapshot: Hotel Chocolat back on the front foot after year of losses
Hotel Chocolat’s boss said the high-end confectionery chain is back “on the front foot” as it rolls out its new experience-led store format. It comes after a year of losses as the group restructured its international business.
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News
Media Bites 12 October: CBD, LVMH, GSK
UK food regulators have slashed the recommended safe daily dose of cannabidiol (CBD), a cannabis extract present in thousands of high street products from muffins to coffees, citing a risk of liver damage and thyroid issues.
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News
Selfridges losses narrow as footfall returns to stores
Sales grew as shoppers returned to its flagship stores in London and Manchester
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News
Blue Ocean owes suppliers £3m as it heads for liquidation
Third-party distributor Blue Ocean is on the brink of collapse and is set to leave suppliers facing losses of almost £3m, The Grocer has learned
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News
Whole Food Earth adds Raw Gorilla to healthy foods portfolio
It marks the family-run business’s second deal in 10 months, following the revival of collapsed online supermarket The Vegan Kind in December
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News
Media Bites 11 October: Grocery inflation, PepsiCo, Greencore
The pace of grocery prices inflation has slowed to its lowest rate in 15 months, with the average cost of a pack of butter now 16p less than a year ago