latest – Page 175
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NewsBoparan group reports 35% drop in third-quarter profits
The food empire of Ranjit Boparan Singh has seen a 35% decrease in Q3 profit after the horsemeat scandal, cost inflation and the weather conspired to take their toll on the group’s performance.
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NewsWarburtons sales break £500m barrier as profits bounce back
Warburtons profits have recovered from a tough 2011 as sales broke through the £500m mark.
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NewsMajestic profits lifted by online sales and fine wine
Online sales and fine wines helped boost results for the UK’s largest specialist wine retailer, Majestic, the company said, as it set its sight on further expansion of both ecommerce and retail stores.
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NewsSainsbury’s food sales buoyed by own label
Sainsbury’s strong own-label offering buoyed its food sales in the first quarter, the retailer has revealed.
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NewsSainsbury's notches up 0.8% sales growth in Q1
Fresh from its impressive haul at last night’s The Grocer Gold Awards, Sainsbury’s has reported like-for-like sales growth of 0.8% for the first quarter.
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NewsFuller’s wades into premium cider arena with Cornish acquisition
London Pride brewer Fuller’s is to enter into the premium cider market after acquiring Cornish Orchards Limited for £3.8m, along with its flagship craft brand, Cornish Gold.
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NewsIceland’s 2012 profits take a hit following management buyout
Iceland Foods has revealed a 35.9% fall in pre-tax profits in the first set of results since founder Malcolm Walker regained control of the business.
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NewsTesco’s Clarke calls for ‘level playing field’ with online rivals
Tesco CEO Philip Clarke today called for a “level playing field” on tax between web companies like Amazon and traditional retailers, after revealing a major retreat from non-food forced by the exodus of customers to online.
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NewsVideo: Tesco's Philip Clarke on new stores, online plans and global aims
Tesco CEO Philip Clarke talks about the company’s annual report for 2012-13, including its exit from the US, the writedown on its property portfolio, its investments in the UK and abroad, and its approach to online.
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NewsTesco sales fall 1% as horsemeat effect hits frozen food
Tesco’s pre-Christmas recovery has been stopped in its tracks by the impact of the horsemeat scandal on frozen food sales…
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NewsScottish Salmon Company sales leap 47%
The Scottish Salmon Company has posted a 47.2% increase in first quarter rsales after seeing a significant rise in harvested volumes and stronger prices.
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NewsBooker notches up 13% profit increase
Booker has reported a 13% increase in full-year pre-tax profits.
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NewsBritvic reveals plans to cut costs by £30m as profits soar 51%
Britvic has revealed plans to slash costs by £30m a year as it reported a big increase in first-half profits.
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NewsSainsbury's Red Label tea sales fall despite new suppliers
A change of supplier has failed to stop sales of Sainsbury’s 110-year-old Red Label tea brand from falling…
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NewsAsda sales up 1.3% in first quarter
Asda today reported strong first quarter like-for-like sales growth of 1.3%, with an unchanged market share of 17.9%.
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NewsSolid Glanbia performance keeps it on track for 2013 earnings
Dairy giant Glanbia is on track to meet its 2013 growth targets in earnings, it said in an interim management statement today.
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NewsMagners sales fall as C&C battles a tough cider market
Overall sales of Magners have fallen for the first time in a decade, cider manufacturer C&C Group has said, as a result of poor weather and intensified competition.
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NewsMorrisons claims ‘solid start’ to the year despite sales fall
Morrisons sales fell in the first quarter of the year, as talks with Ocado about an online operation dragged on.
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NewsSchwarzkopf owner Henkel sees better-than-expected growth
Schwarzkopf and Sellotape brand owner Henkel has reported better than expected first quarter profits.
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NewsSainsbury’s sales grow as it takes full control of Bank
Sainsbury’s has posted full-year like-for-like sales growth of 1.8% and its highest market share for a decade.