All Finance articles – Page 80
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NewsCity snapshot: Wet weather dampens UK retail demand
UK retail sales growth fell back in July as damp weather and persistent inflation hit shopper activity, according to the monthly BRC-KPMG retail sales monitor
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NewsSerious Sweets acquires free-from confectionery brand Lexi’s
The acquisitive confectionery group has added a healthier brand to its portfolio with the takeover of mallow and protein bar brand Lexi’s
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NewsMedia Bites 8 August: Food prices, retail sales, Beyond Meat
It’s a quiet morning for fmcg news in the papers, with stories on food inflation and faltering retail sales.
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Analysis & FeaturesHow ‘loved’ high street discount retailer Wilko came to trouble
Wilko is in a struggle for survival, having last week filed a notice of intention to appointment administrators
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NewsParfetts sales hit record £634m in latest financial year
The wholesaler said the results had come after a year of investment into protecting retailer margins through an expanded promotional programme
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NewsMeadow acquires sweet sauce maker Naked Foods
CEO Raj Tugnait said the purchase of Naked Foods was “a natural extension of what we already do”.
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NewsMedia Bites 7 August: Wilko, Haleon, Greggs
Buyers circling Wilko face having to invest up to £70m into the ailing discount chain as part of any rescue deal
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NewsCity snapshot: Carr’s CEO Peter Page steps down
Agriculture and engineering group Carr’s has kicked off a search for a new CEO after Peter Page decided to step down from the helm next year.
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NewsBrew By Numbers unsecured creditors ‘not expected’ to see £1m owed
Unsecured creditors owed more than £1m by Brew By Numbers are unlikely to receive any of the money overdue to them from the insolvent south London brewery
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NewsMeatless Farm back on sale in Asda following VFC takeover
The plant-based brand’s core products, including mince, chicken breasts and quarter pounder burgers, have returned to Asda stores this week
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Analysis & FeaturesAre we witnessing the death of craft beer?
As an unprecedented number of breweries close down, what does this mean for the future of the craft beer category and its place in the supermarkets?
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NewsCity snapshot: July retail sales rebound despite wet weather
July saw small increase in sales, according to data from accountancy firm BDO, but slowed in the second half of the month by wet weather
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NewsMedia Bites 4 August: Wilko, M&S, AB InBev, interest rates, Amazon
Fears over the future of Wilko and its 12,000 employees dominate the headlines this morning.
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NewsWilko poised to call in administrators, with 12,000 jobs potentially at risk
Wilko CEO Mark Jackson said the business had so far failed to secure an offer that would save it from running out of cash
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NewsCity snapshot: Bud Light boycott hits AB InBev’s US sales
The world’s largest brewer suffered a sharp sales drop in the US amid political controversy over a Bud Light marketing campaign, to reduce overall sales volumes in its second quarter
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NewsMedia Bites 3 August: Brexit, Asda, Co-op Food, Coca-Cola Europacific Partners
Plenty of fmcg news in this morning’s papers, including further delays to post-Brexit border controls, Asda publishing local fuel prices, shoplifters running riot, a Coca-Cola Europacific Partner deal and results from Haleon.
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NewsXOXO gut health soda startup secures £1.5m to bolster growth
Prebiotic soda startup XOXO has secured £1.5m to support the business’s rapid growth
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NewsAmino Drinks lands £300k funding for sports performance brand
Performance drinks startup Amino has secured £300k from the East of England Regional Loan Scheme to support its growth
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Comment & OpinionHow high street baker Greggs has managed a stellar sales performance
Greggs’ first-half results show a thriving business, but CEO Roisin Currie remains cautious
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NewsABP acquisition of Scotbeef meat plants to face CMA probe
The Irish red meat giant announced the aquisition in mid-June