latest – Page 161
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NewsTesco confirms profit hole of £263m
The black hole in Tesco’s finances was even worse than expected and “similar practices” have been going on in previous reporting periods, the Deloitte investigation into the retailer has found.
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NewsBAT cigarette volumes decline in 'challenging' market
British American Tobacco has reported a small fall in cigarette volumes in the first nine months of the year as its headline revenues were hit by currency movements.
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NewsFour new Booker Makro dual format C&C depots on the way
Booker is rolling out its new Booker/Makro combined format to four new depots over the next few months…
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NewsNestlé sales punished by negative exchange rates
Swiss food group Nestlé recorded a 3.1% fall in sales in the first nine months of the year, as it was hit by negative foreign exchange rates.
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NewsDiageo sales drop 1.5% in first quarter
Uncertainty arising from the Ukraine crisis and weak consumer confidence has hit Diageo’s sales in Russia and Eastern Europe.
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NewsWH Smith enjoys full-year profit boost despite falling sales
WH Smith shares jumped by 3.5% in early trading after the newsagent group posted an 8% increase in full-year pre-tax profit.
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NewsHome Bargains owner TJ Morris boosts revenues by 21%
TJ Morris, which trades as Home Bargains with more than 320 stores, is on track to achieve its stated aim of at least 700 stores within five years.
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NewsDanone's sales boosted by recovery in baby foods
Danone’s sales rose 6.9% on a like-for-like basis in the third quarter, driven by strong sales growth in baby food.
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NewsSABMiller’s volumes dip on Australia and China weakness
Global brewer SABMiller announced a 1% dip in second-quarter beverage volumes after a marked slowdown of beer sales in Asia Pacific.
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NewsThorntons reports double-digit sales fall in first quarter
Thorntons has seen a 11.9% first quarter sales fall as its shift to an fmcg-focussed business causes fluctuations in quarterly sales.
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NewsGarden centre acquisition hits Roys of Wroxham profits
Investment in new technology and improvements to stores layout contributed to an almost 40% fall in profits at Roys of Wro…
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NewsReady meals specialist Bigham's doubles its retail sales
Upmarket ready meals specialist Charlie Bigham’s almost doubled its sales last year as it scaled up investment…
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NewsAsda’s operating profit rockets by 18.3% in 2013
Asda saw a significant profit hike last year despite losing market share, new accounts in Companies House reveal.
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NewsHolland & Barrett opens 1,000th high-street store
Holland & Barrett has unveiled its 1,000th high-street store alongside plans to introduce 70 new branches across Europe.
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NewsCamelot hails £158m boost to National Lottery sales
Camelot has reported a £158m increase in total UK National Lottery ticket sales to £3.5bn for the six months to 27 September 2014.
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NewsWeetabix revenues up despite 'toughest conditions in decade'
Weetabix shrugged off the toughest market conditions for a decade to grow revenues and profits…
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NewsWalkers blames revenue fall on competition and pricing shifts
Snacks giant Walkers Snack Foods suffered a 6% drop in revenues last year as competition in the sector intensified…
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NewsWinemark's full-year pre-tax profits plunge 75%
Winemark has reported a 75% slump in full-year pre-tax profits…
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NewsSainsbury’s blames ‘deflationary environment’ as sales fall 2.8%
Sainsbury’s has blamed a “deflationary environment” for its second consecutive quarter of negative like-for-like sales.
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NewsGraze boxes up 31% sales growth
Online snack delivery service Graze notched up underlying sales growth of 31% in the year to 28 February 2014, it revealed today.