All Finance articles – Page 85
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NewsMedia Bites 4 January: Christmas grocery spend, retail crime, UK economy
Supermarket inflation fell at its fastest monthly rate on record in December as household spending on groceries rose to a new high
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NewsMedia Bites 3 January: Aldi/Lidl, M&S, Tesco
Aldi and Lidl, the discount supermarkets, have enjoyed record Christmas trading amid the cost of living crisis, with Friday December 22 was the busiest trading day ever for both discounters
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NewsCity snapshot: ‘Whopper’ Christmas for supermarkets as Brits spend a record £13.7bn over the festive period
Supermarkets enjoyed the busiest Christmas since before the pandemic as a record £13.7bn passed through their tills over the crucial December trading period, according to data released this morning
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NewsAsda in double raid on Morrisons as it appoints its first chief digital officer
Morrisons chief information officer Matt Kelleher will join the Issa brothers-run supermarket in July
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NewsPurity Brewing Co sold to private equity firm Breal Group
The private equity firm has added another ailing craft brewer to its roster
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NewsDanone offloads US premium organic dairy business to Platinum Equity
Danone has agreed to sell its premium organic dairy business in the US to investment firm Platinum Equity for an undisclosed sum
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NewsIBC Simply acquires March Foods to form Delightful group
The foodservice supplier has snapped up March Foods to boost its food and drink manufacturing and co-packing capabilities
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NewsCity snapshot: Record-breaking Christmas for discounters Aldi and Lidl
Discounters Aldi and Lidl have both boasted of a record-breaking Christmas as hard-pressed shoppers looked to save money over the festive period. Plus, the BRC reports on retail inflation figures for December.
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NewsMedia Bites 2 January: Inflation, Princes, Unilever, M&S
Shop prices continued to rise at 4.3% in December as a price rise on non-food items offset easing costs on food.
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NewsCity snapshot: General Mills lowers expectations and warns of slower volume recovery
US consumer packaged goods giant General Mills has downgraded expectations for 2024 as steep price hikes depressed shopper demand.
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NewsMedia Bites 21 December: inflation, Diageo, Rimmel London
The bigger-than-expected fall in inflation makes headlines this morning.
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NewsADM snaps up London ingredients business FDL
Global grains merchant ADM has continued on the acquisition trail, picking up the London-headquartered ingredients business for an undisclosed price
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NewsABP petfood business C&D Foods invests in Irish factory
The investment will see C&D’s flagship factory increase capacity by 25%
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NewsCoterie Holdings swoops for Hallgarten & Novum Wines
Hallgarten has been added to a portfolio that also includes Lay & Wheeler, Coterie Vaults and Jera
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NewsMedia Bites 20 December: Asda, Anadolu Efes, ABF
The papers focus on the latest appearance of Mohsin Issa before MPs at the business and trade committee
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NewsCity snapshot: Food inflation falls to lowest since May 2022
Food price inflation has fallen for the eighth month in a row, helping the UK headline rate to slow by more than expected, according to official data this morning.
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NewsMyco appoints former VBites MD David Wood as new CEO
David Wood will take charge as the Darlington-based business ramps up production of its plant-based sustainable meat alternative at a purpose-built site in North Yorkshire
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NewsCity snapshot: ADM expands into dairy with Revela Foods deal
Global food processing and commodities giant ADM has acquired Revela Foods to expand its capabilities into the dairy category.
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NewsMedia Bites 19 December: Unilever, Tata, fuel prices
The latest sell-off at Unilever is the main fmcg news in this morning’s papers.
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NewsHackney Gelato nets £1.3m funding boost to fuel global growth
The premium UK ice cream brand has secured a £1.3m investment to scale up production to meet surging global demand for upmarket gelato