latest – Page 160
-
NewsAsda will not react to short-term tactics, pledges Clarke
Grocery market upheaval including the continued rise of the discounters was today described as an industry “shockwave” by Asda boss Andy Clarke.
-
NewsBakkavor's UK growth outperforms the market with sales up 3.4%
Fresh prepared foods producer Bakkavor has seen its UK business outperform the market in its third quarter.
-
-
NewsSainsbury's reports half-year loss as it sets out strategic review
Sainsbury’s has reported a statutory pre-tax loss of £290m for the 28 weeks to 27 September 2014, as it warns the UK grocery market is changing faster than at any time in the past three decades.
-
NewsRecord £16.6m profits for Carr's Milling Industries
Carr’s Milling Industries has posted record profits following the opening of a new mill last year.
-
NewsRaisio UK cereals and snacks business returns to profit
Sugar Puffs parent Raisio saw its UK cereals and snacks business return to profit…
-
NewsTate & Lyle first half profits collapse by 40%
Tate & Lyle today laid bare the effects of its supply chain disruption and the increased sucralose market competition as its half-year pre-tax profit plunged by 40%.
-
NewsMorrisons 'encouraged' despite 6.3% fall in like-for-like sales
Morrisons chief executive Dalton Philips said he was encouraged by the retailer’s strategic progress despite recording a 6.3% fall in like-for-like sales in the third quarter
-
NewsM&S accelerating Simply Food openings as food sales rise 3.6%
M&S is accelerating its Simply Food store opening programme, adding an extra 50 stores to add to the 150 it outlined as part of a three-year plan to 2016 last year.
-
NewsBooming Primark sales mask sugar woes at Associated British Foods
Associated British Foods recorded a 3% decline in reported annual revenues as a 16% boost to Primark’s sales was pegged back by continued weakness in its sugar division.
-
NewsTesco teeters on junk status as Morrisons rated 'better risk'
Morrisons is a more financially sound business than Tesco with a more coherent turnaround strategy…
-
NewsAB InBev hit by slowdowns in US, Russia and China
Global brewing group AB InBev posted below expectation growth this morning, with third quarter revenue rising by 2.3% as overall beer volumes fell thanks to a slowdown in US and China.
-
NewsCook expanding following double-digit growth last year
Frozen ready meals producer and retailer Cook has embarked on an ambitious new expansion phase after posting double-digit sales growth last year.
-
NewsC&C Group’s profits hit by slowdown in England and the US
Drinks manufacturer C&C Group reported a 2.7% fall in first half operating profit as warned of “intensively competitive trading” in England and Wales and a “disappointing” performance in the US.
-
NewsBooths sales and profits in growth as it targets expansion
Booths has overcome food deflation and tough promoting in the market to post sales and profit growth.
-
NewsBritvic blames poor summer weather for Q4 sales drop
Poor summer weather squeezed performance of Britvic soft drinks in European markets in the fourth quarter, the company has reported in a trading update.
-
NewsUnilever's third quarter revenues hit by currency headwinds
Unilever has reported third quarter underlying sales growth of 2.1%, but foods remained the group’s worst performing category.
-
NewsPremier Foods dampens profit expectations as Q3 sales fall 4.7%
Premier Foods has reported a 4.7% drop in third quarter underlying sales and said its full year profit will be at the lower end of expectations.
-
NewsTesco boss Lewis sets out three-pronged turnaround plan
Embattled Tesco boss Dave Lewis Dave today set out a three-pronged strategy to rescue the crisis-hit giant.
-
NewsTesco results: what the analysts say
We round up reaction to Tesco’s interim results and the findings of its accountancy investigation.