All articles by Henry Saker-Clark – Page 2
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City snapshot: Retail leaders call for business rates reform
Retail leaders have called on MPs to reform the business rates system which they say is “strangling the high street”, cafe bar group Loungers floats on the AIM and the rest of the news from the city
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Media Bites 1 April: Brexit, Amazon, Marks & Spencer
Business leaders have reacted with frustration and warned that Britain is increasingly succumbing to Brexit fatigue
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Beer Boutique collapses blaming supermarket craft push
Founder James Hickman blamed supermarket ranges and soaring rent prices
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Emily Crisps bought by Ape Snacks
The deal will see Emily Crisps and Ape Snacks combine to create the new Nurture Brands business…
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Salad supplier Kanes in turnaround after plunging to £9.8m loss
The supermarket supplier is in a ”secure” position after agressive cost-cutting
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Sustainable confectioner Doisy & Dam secures £750k cash boost
The brand will use the funding to drive further NPD and PoS marketing
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CCEP secures London Stock Exchange listing
The Coca-Cola producer for the UK and Europe has secured a listing on the main market of the London Stock Exchange.
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Media Bites 28 March: Retail sales, Imperial Brands, Unilever
UK retail sales fell in March at the fastest rate for more than a year, as Britain’s mounting political crisis over Brexit weighed on consumers
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Hilton Food Group sales and profits beat expectations
Sales surged 21.5% at Hilton as it was buoyed by the integration of fresh fish supplier Seachill and new business wins, Imperial Brands told investors it expects to hit sales targets and the rest of the news from the city
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Media Bites 27 March: Ocado, Fever-Tree, Brexit
Online grocer Ocado has landed its fifth major overseas deal in less than 18 months after signing a deal with Australian retail giant Coles
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Ocado secures partnership with Australia's Coles
Ocado shares rose 4% in early trading after it secured its fifth international partnership, with Australian retail giant Coles, Fever-tree saw sales jump 40% to £237m, and the rest of the news from the City
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Media Bites 26 March: Majestic Wine, The Co-op, Ocado
Majestic Wines has said it plans to close stores, sell assets and focus on its online Naked Wines business
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UK Snacks collapses into administration after factory fire
Own label Asian snack manufacturer UK Snacks Ltd has collapsed into administration, nine months after a fire tore through its main manufacturing site
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Majestic Wine to close stores in Naked rebrand
Majestic Wine is to close stores and rebrand as Naked Wines as part of a transformation plan, Greene King hires a new non-executive director and the rest of the new from the City
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Media Bites 25 March: Sainsbury's/Asda, Marks & Spencer, Tesco
Sainsbury’s and Asda have said they would dispose of between 125 and 150 stores in order to help secure regulatory approval for their proposed merger
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Strong Roots takes top spot from Pots & Co in Alantra Fast 50 list
The supplier of frozen plant-based burgers and sides has rocketed to £9m in annual sales
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General Mills shares jump after raising profit guidance
While competitors Kraft Heinz and Kellogg’s have cut profit guidance in recent months, General Mills is expecting to beat its targets
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City snapshot: Frozen supplier Strong Roots jumps to top of Fast 50
Challenger brand Strong Roots has surged to the top of Alantra’s Fast 50 list, amid a resurgence of the frozen food category
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Media Bites 22 March: Retail sales, Brexit, Boparan
British consumers appear to have shrugged off Brexit uncertainty in February as retail sales unexpectedly jumped during the month
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Consumer spending growth to slow amid Brexit caution
Consumer spending growth is set to slow down as people become more cautious amid political uncertainty, according to financial services giant PwC