latest – Page 156
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NewsRed cabbage sales boosted nearly 50% by healthy shoppers
A surge in demand has seen red cabbage sales jump by almost 50%…
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NewsSweet deal: retailers turn to '3-for-x' for confectionery
Three is the magic number in confectionery pricing – with many retailers ramping up their use of ‘3-for-x’ deals…
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NewsDanone expects troubling year ahead as European turmoil continues
Dairy producer Danone has forecast slower-than-expected organic sales growth for the year ahead as political and economic turbulence in Europe shows no signs of abating.
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NewsNestlé predicts 2015 revenue improvement despite headwinds
Nestlé has insisted it will hit its long-term target of 5% organic growth despite falling short of that figure last year amid an slowdown in emerging markets and the strengthening Swiss franc.
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News
Asda sales shrink as it looks to open 17 new stores
Asda has revealed a 2.6% fall in like-for-like sales over the last three months of the 2014.
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NewsBestway profits surge on back of impressive growth
The cash & carry giant, which acquired The Co-operative Pharmacy in October, said profits rose 44.7% to £267.1m
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NewsCarslberg beer volumes fall 3% on Eastern Europe weakness
Carlsberg’s UK business grew about 1% last year on the back of a growing off-trade business, the Danish brewer has reported.
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NewsCoke bottler Coca-Cola HBC share price falls as profits lack fizz
Coke’s European bottler is one of the day’s biggest fallers on the FTSE 100 after posting a sharp fall in fourth quarter profits as a result of currency headwinds and challenging conditions in Russia and Greece
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NewsWhitworths sees sales rocket following Equistone acquisition
Health food specialist Whitworths has reported booming sales in its first year under new private-equity control…
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NewsKellogg reports $293m loss in Q4 as US cereals market goes soggy
Kellogg has posted large losses in its final quarter and lowered sales expectations as consumers in the US turned their backs on cereals and snack bars.
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NewsPepsiCo launches share buyback programme after solid year
After Coca-Cola’s upbeat full-year earnings release yesterday, PepsiCo beat market earnings expectations today while announcing a major share buyback.
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NewsReckitt Benckiser targets margin expansion with "project supercharge" efficiency drive
Reckitt Benckiser is embarking on a major cost efficiency drive after beating market expectations with 4% full-year revenue growth.
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NewsInnocent consolidation hurts Coca-Cola's European results
The consolidation of the Innocent juice and smoothie business impacted The Coca-Cola Company’s financial performance in Europe last year. The company said the consolidation of Innocent unfavourably hit operating margins because of the higher cost structure associated with finished goods businesses and because of Coca-Cola’s level of ...
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NewsMillerCoors CEO Tom Long to retire in June
Tom Long is to retire as CEO at MillerCoors at the end of June sparking a search for a succesor by the brewing business.
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NewsRouble devaluation hits Metro's first quarter earnings
German retail giant Metro experienced a 2.2% fall in reported group sales as the sharp drop in the value of the Russian rouble hit its first quarter trading.
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NewsTim Steiner: Ocado better-placed than Tesco to face deflation
Ocado is in a “much better position” to weather the storm of deflation and gross margin attrition than Tesco…
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NewsPartner in Pet Food trebles its UK sales after Tesco supply deal
European petfood supplier Partner in Pet Food (PPF) has trebled its UK sales in the past year after securing a deal to supply Tesco with own-label dry and wet foods.
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NewsTate & Lyle issues another profits warning on US sweetener weakness
Sucralose producer Tate & Lyle (TATE) has cut profit guidance for the third time in a year as it suffers from low US volumes and low sweetener prices.
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NewsCity snapshot: Poundland to swallow up rival fixed price discounter 99p Stores for £55m
Poundland agrees to £55m takeover of rival discounter 99p Stores. Plus a profit warning from Tate & Lyle sends shares spiralling - and the latest movements from the rest of stock market.
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NewsCost cutting drives profit growth at McBride
Private label household goods firm McBride has reported a 4.1% revenues fall to £364.7m in the six months to 31 December 2014.