All articles by Henry Saker-Clark – Page 12
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NewsMedia Bites 24 Oct: Ocado, Iceland, McDonald's
Ocado suffered its heaviest one-day loss ever as more than £575 million was wiped off its market value
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NewsMcDonald's shares jump 6% after sales growth beats expectations
Shares rise at the US fast-food giant after it beat global sales expectations following menu price increases.
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NewsThe Authentic Food Co to close Dundalk factory with up to 170 job losses
The Manchester-based world food producer has appointed liquidators for its Irish manufacturing arm
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NewsWhitbread posts 2.5% first half profit rise after Costa sale agreement
Whitbread recorded a modest rise in profits in the first half of the year, after agreeing to sell the Costa coffee chain to Coca-Cola.
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NewsMedia Bites 23 October: Morrisons, Patisserie Valerie, Meat alternatives
Morrisons has failed to overturn a court decision that it should compensate thousands of workers after a disgruntled colleague posted payroll information about 100,000 staff online
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NewsMagic Rock Brewing invests in canning lines after securing £850k funding
Yorkshire craft brewery has upgraded its production lines after funding was facilitated by HSBC UK and HSBC Asset Finance
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NewsCity News: Unilever growth fails to impress after HQ backtrack
Unilever delivered much-needed sales growth in its results for the third quarter of 2018
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NewsPastinos looks to up distribution after Mask acquisition
The vegan snack maker was put up for sale by its former owners Giuseppe Martorana and Roberto Perini
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NewsGreencore claims US exit makes it 'more resilient' to Brexit
The own-label sandwich producer dismissed accusations its US expansion had been a failure
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NewsHawkins & Brimble seeks £250k to meet surging demand
The skin and beardcare brand will use half the funds to drive production hikes
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NewsGenesis Crafty bought for £1.8m after turnaround plan failed
The Northern Irish bakery, which reported £18m turnover in 2017, entered administration in August
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NewsBear Yoyos drive 17% growth at Urban Fresh Foods
The kids’ fruit snack manufacturer reported sales of £33.4m for the year to 31 December 2017
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NewsMedia bites 19 October: Tesco, mad cow disease, Coca-Cola
Sir Terry Leahy has endorsed Dave Lewis, Tesco’s chief executive, saying that he has rebuilt confidence and financial strength at the supermarket chain after years of decline
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NewsCity snapshot: Greencore defends £817m US business sale after City criticism
Greencore says it will be “more resilient” to Brexit after exiting the US, following the £817m sale of its US arm to Hearthside Food Solutions
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NewsCity snapshot: Warm summer helps lift sales growth at Unilever
Warm weather and recovery in Brazil boosts sales at Unilever, and Hilton Food Group acquires 50% stake in Dalco Food
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NewsMedia bites 18 October: Patisserie Valerie, food inflation, Unilever
Bosses of crisis-hit cake chain Patisserie Valerie could be hauled before parliament after a shock £40million black hole was uncovered in its accounts
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NewsCity snapshot: China and Morocco drive sales slow-down at Danone
Sales growth slowed sharply at French consumer giant Danone in the third quarter, Science in Sport launch in China and the rest of the news from the City
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NewsMedia bites 17 October: Sainsbury's/Asda, discounters, Patisserie Valerie
An investigation of how the proposed £7.3bn takeover of supermarket chain Asda by rival J Sainsbury might affect competition will consider the impact on suppliers as well as shoppers
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NewsCity snapshot: Grocery sales cool off after record summer
Grocery sales have cooled off following record summer growth, as shoppers tightened their purse-strings ahead of the expensive Christmas season, British American Tobacco warn that earnings will fall 7%, and the rest of the news from the City
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NewsMedia bites 16 October: Greencore, Iceland, Tesco
Greencore Group is selling its US business for £817m just two years after it launched a big transatlantic push