latest – Page 130
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NewsDairy operators blame cost hikes for profits slowdown
Wyke Farms, First Milk’s cheese operation and Graham’s The Family Dairy have all been hit
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NewsLiberty Wines earnings hammered by weak pound
Sales surged but ”did not neatly translate into the margins we had been achieving”, said the distributor’s COO
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NewsNext kicks off Christmas reporting season with solid sales performance
High street bellwether Next has reported sales growth in-line with expectations over the festive period, but has cut its profit guidance due to higher sales of lower margin goods.
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NewsWaitrose Christmas week sales jump 19% to 'hit expectations'
Sales at the premium supermarket were heavily distorted by the timing of Christmas and New Year compared to 2017, the retailer said in its weekly trading update
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NewsCellar Trends profits fall following loss of brand rights
The business has posted a pre-tax loss of £270,965 for the year ending 31 May 2018
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NewsGeneral Mills beats profit estimates despite decline in yoghurt sales
The Old El Paso manufacturer’s shares jumped 4.8% prior to trading, after it revealed improved margins
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NewsNando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.
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NewsPlanet Organic back in growth before private equity buyout
Planet Organic moved back into the black in the run-up to its PE buyout earlier this year.
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NewsGraze sales slide despite in-store growth as sales process continues
Sales dived 5.2% at healthy snacking brand Graze last year, despite a strong performance from its retail arm.
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NewsBestway posts £267k loss after Conviviality Retail purchase
Bestway Retail MD David Robinson said the losses were not as severe as expected
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NewsOcado looking for fifth UK CFC
Average orders per week grew 13.1% to 320,000 in the fourth quarter…
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NewsCity snapshot: Graze sales slide as buyout nears
Sales dived 5.2% at healthy snacking brand Graze last year as the search for a buyer continues into the New Year. Plus, British American Tobacco makes a raft of staffing changes, Dole Food Company sells European salad businesses to BAMA International and all the rest of the latest news from the City.
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NewsJJ Food Service sales pass £200m - but profits decline
The company saw pre-tax profits plunge from £6.1m to £3.7m
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NewsOcado retail sales up 12% in fourth quarter
Ocado has grown its retail revenues by 12% in the fourth quarter, driven by a double-digit increase in order numbers.
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NewsPoundland posts strong growth in fourth quarter
Poundland’s growth was driven primarily by the introduction of Pep&Co clothing outlets in 300 branches
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NewsFirst quarter losses widen at 2 Sisters amid “substantial turnaround challenge”
2 Sisters owner Boparan has once more posted widening losses in its first quarter as it continues to tackle its “substantial turnaround challenge”.
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NewsPoundstretcher sales and profits drop as it expands estate
The Grocer revealed last week that Poundstretcher planned to convert the entire estate to the Bargain Buys banner
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NewsGrocery growth slows as Christmas looms
The latest grocery market share figures have showed the weakest supermarket sales growth since March 2017 as the industry heads into the vital Christmas trading period.
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NewsMcColl's says P&H woes are behind it despite profit warning
The convenience retailer adjusted full-year EBITDA to £35m from the forecasted £44m
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NewsSushi Daily growth and Pret contract loss hits Taiko Foods
Waitrose sushi supplier Taiko Foods has fallen into the red after being hit by the growth of Sushi Daily and the loss of its Pret a Manger supply contract.