latest – Page 143
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NewsBakkavor Q3 UK sales rise as it drives volumes
Bakkavor has increased UK like-for-like sales in the face of challenging retail conditions as it passed on lower prices to its grocery customers.
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NewsB&M hands audit contract to KPMG
B&M has ended its 18-year relationship with Grant Thornton as chooses a new auditor.
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NewsSupermarket price war squeezes SME supplier profit margins
The gap between profit margins of Britain’s smallest food producers is widening versus their bigger competitors thanks to the supermarket price war.
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NewsAsda Price Guarantee placed under review
CEO Andy Clarke confirmed a decision on the scheme would come early next year
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NewsBacon and sausage sales 10% down after WHO cancer link
The World Health Organization’s report linking processed meat to cancer has wiped an estimated £3m off sales
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NewsResurgent Seabrook Crisps sees profits soar 60%
Profits have climbed more than 60% at Seabrook Crisps in the year leading up the £35m buyout by LDC
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NewsAs big four sales head south promos still going north
What’s the answer to plummeting sales? More promotions of course
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NewsPoundland stock hits all-time low
Poundland shares plunged 20% in early morning trading to a record low
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NewsAsda sales fall in Q3 as conditions remain “tough” for Andy Clarke
Like-for-like sales at Asda have fallen by -4.5% in the third quarter as the supermarket price war, food price deflation and the continued growth of the discounters all took their toll.
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NewsIglo sales hit on difficult trading in three biggest markets
Sales at Birds Eye owner Iglo have fallen 8.4% to €315.5m in the third quarter as it exited markets in Romania, Slovakia and Turkey and was hit by currency exchange rates.
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NewsMoy Park sales slip in "challenging" market
Moy Park revenues have fallen 1% in the third quarter thanks to foreign exchange movements, the impact of bird flu outbreaks, commodity price deflation and lower international sales.
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NewsMajestic Wine eyes £500m sales in three-year turnaround
Majestic Wine CEO Rowan Gormley is targeting sales of more than £500m by 2019 as the business embarks on a three-year turnaround plan.
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NewsWincanton in Morrisons talks as profits slide in first half
Wincanton hopes to thrash out its future involvement with Morrisons following the supermarket’s sale of M Local to Mike Greene.
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NewsNisa 'on course to hit its target of £7.2m EBITDA'
Nisa says it is on track to hit its target of £7.2m EBITDA for the current financial year
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NewsSainsbury's pledges to continue price-cutting strategy
Sainsbury’s is doubling down on its strategy to invest in price and cut promotions
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NewsConviviality expands reach into events with Peppermint deal
Conviviality is to acquire a majority stake a bar and events company operating at festivals and sporting events as sales soar 38% in first half thanks to Matthew Clark deal.
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NewsSainsbury's results: what the analysts say
Sainsbury’s has reported a 17.9% slump in underlying interim pre-tax profit, the worst half-year profit for years
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NewsCarlsberg restructures UK business as group makes Q3 losses
Carlsberg has begun restructuring its UK business in response to its “deteriorating” performance and September’s Tesco delisting
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NewsSainsbury’s underlying interim profit plunges 18%
Although the worst half-year profit for years, trading was better than the City expected
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NewsPremier Foods share price sweetens as investment in brands pays off
Shares in Premier Foods have this morning rocketed up by 21% after the grocery supplier increased quarterly branded sales