latest – Page 167
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Greggs sales rise as store refurbs gather pace
Greggs has predicted a “satisfactory” financial year in 2014 after total sales rose 4% for the 17 weeks ending 26 April.
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Iglo Group sales dip as own label and discounters bite
Birds Eye owner Iglo Group has blamed the rise of the discounters, growing competition from own label and the difficult economic climate for falling “short of expectations” in 2013.
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Heineken reports bright start to the year but UK volumes fall
Improving beer volumes and growth in premium beers helped boost Heineken group revenue by 3.4% in the first quarter of 2014, the company reported today.
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Premier Foods sales fall 6.2% in ‘subdued’ market
Premier Foods sales fell 6.2% year-on-year in the first three months of 2014, the company revealed today.
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Scotmid profits drop as economic recovery stays distant
Scottish co-operative society Scotmid has blamed low consumer confidence for a 25% fall in full-year operating profits.
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Unilever blames late Easter for dip in food sales
Unilever reported what it described as “good growth despite slowing markets” today, in a set of first-quarter results that were slightly better than forecast.
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JTI grows UK share despite tobacco volume declines
Amber Leaf has helped Japan Tobacco International grow fractionally its share of the UK market, despite an ongoing decline in volumes.
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Pernod Ricard sales fall as Chinese market proves tough
Pernod Ricard saw net sales fall 7% in the first nine months of the year as the Asian market proved challenging.
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Sugar drags on ABF sales but Primark bounds ahead
Tumbling sugar prices and volumes dragged down turnover at Associated British Foods in the first half of the year, the company said today.
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Real Crisps supplier Manderley profits boosted by arson claim
An insurance payout after a devastating factory fire has given a multimillion pound boost to the Real Crisps maker…
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Tesco to face further competition for market share
A new piece of research underlines the sheer scale of the challenge facing beleaguered Tesco boss Philip Clarke…
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Co-op Group stuck with 645 properties it doesn’t need
The Co-operative Group has a portfolio of 645 properties that it does “not need or use”.
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Co-op’s food strategy bears fruit as True North points the way
The Co-operative Group’s food strategy True North is “bearing fruit” with a “sustained period of market outperformance” the society has revealed.
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Diageo sales slip 1.3% as emerging markets slow
Adverse currency movements and weak consumer confidence saw Diageo’s net sales dip 1.3% in the three months to 31 March, it reported this morning.
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Co-op faces 'wake-up call' after disastrous £2.5bn loss
The Co-operative Group has confirmed it made a loss of £2.5bn last year.
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Kerrygold sales lift Irish Dairy Board profits in 2013
Record sales and high prices helped lift profits at Kerrygold brand owner the Irish Dairy Board in 2013.
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Tesco full-year results prompt calls for action
Analysts are calling for greater action from Tesco to clarify its proposition and take on the discounters, following today’s results.
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Tesco promises more price cuts as profits drop 6%
Tesco today promised to accelerate the price war against its supermarket rivals and the discounters, as group profits fell 6%.
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Peroni still popular in UK but Europe challenging for SABMiller
Brits’ continuing thirst for Peroni Nastro Azzurro helped drive SABMiller’s lager volumes in the UK up 5% in the year ending 31 March, the brewer reported today.
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Poundstretcher clocks up 3% like-for-like sales growth
Poundstretcher has reported like-for-like sales growth of 3% for the year ending March 31, 2014.