All articles by Henry Saker-Clark – Page 24
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Craved crowdfunding to launch subscription service
A UK craft food delivery company has returned to the crowd for £200k in investment to launched Naked Wines-style subscription
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Holland & Barrett sales up after L1 Retail acquisition
The UK’s biggest health food reatiler, Holland & Barrett, defied the High Street downturn to post sales growth of 7.1% or the year up to 30 September
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Almost 45,000 retailers in "significant financial distress" after difficult first quarter
The number of retailer under “significant financial distress” in the UK has increased 21% following a quarter of decreased consumer spending
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Wage and cost increases cause Pizza Express' earnings to tumble
Industry-wide pressures in the UK have affected Pizza Express earnings despite strong sales growth internationally
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McDonald's announces UK recruitment drive after 5.5% global sales growth in Q1
McDonald’s has recorded positive sales growth despite concerns in the casual dining sector, and committed to recruiting 1,000 new managers in UK stores.
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Luxury cereal start-up Spoon seeks £250k investment from the crowd
The business, founded in 2013, is currently experiencing 100% like-for-like sales growth
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Vaping firm Supreme Imports announces plans for AIM float
City interest in Supreme took off after vaping regulations were resolved in May 2017
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PepsiCo grows sales in first quarter but soft drinks continue to struggle
Sales at US snack and soft-drink giant Pepsico rose 4.3% in the first quarter of 2018, despite struggling soft drink sales.
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Coca-Cola Co buoyed by Zero Sugar's double digit growth in first quarter
Increasing sales of healthier soft drinks buoyed Coca-Cola in the first quarter, as it recorded volume growth of 3%.
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Real Good Food completes sale of ingredients arm to address losses
Cake and decorations specialist Real Good Food has sold its ingredients business Garrett’s as part of its cost-reduction efforts.
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Vaping business Supreme reveals stock market float plans
E-cigarette liquid specialist Supreme Exports has announced its intention to start trading on the London Stock Exchange
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Reckitt Benckiser tumbles on weak first quarter growth
Household goods giant Reckitt Benckiser (RB) fell sharply as modest first quarter sales growth failed to meet analysts’ estimates.
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Tate & Lyle appoints new CFO Imran Nawaz after reshuffle
Nawaz will succeed Nick Hampton in the role, after the former PepsiCo executive was promoted to CEO
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Brexit cost prompts Arla to launch €400m efficiency drive
The dairy co-op said it was losing between €100m and €150m a year from commodity price and currency volatility
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Cidermaker Cranes begins crowdfunding bid
Cranes has returned to the crowd after raising £194k in 2016 to grow the business
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Good Sixty set for expansion after £197k crowdfunding
The company has seen 10% month-on-month growth over the past year
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P&G quarterly sales up 1% as it seals $4.2bn Merck consumer health acqusition
Sales at US household goods manufacturer Proctor and Gamble (PG) have grown 1% year-on-year in the third quarter, as it announced the $4.2bn purchase of Merck’s consumer health arm
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UK inflation falls to 2.5% but food inflation edges back upwards
UK inflation has fallen to its lowest rate in a year, though food price inflation edged up to a new high of 3.1%, according to the Office of National Statistics.
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Annual sales jump 8% at Tiptree maker Wilkin & Sons amid factory investment
Sales at Wilkin & Sons Limited, the maker of Tiptree jams and marmalades, jumped up 8% in 2017, with new product launches pushing top-line growth.
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EU sugar quota abolition hits profits at Associated British Foods
Associated British Foods’ sugar arm suffered a first half slump in sales and profits as sugar prices were hit by the abolition of EU quotas.