more results news & analysis – Page 209
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ABF grocery sales hit by loss of Silver Spoon contract with Asda
Associated British Foods has reported a 5% drop in constant currency grocery sales following the loss of contracts at Silver Spoon.
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Whole Foods’ UK losses increase despite near 30% growth
The UK arm of Whole Foods Market has seen a further increase in annual losses, despite recording a huge growth in sales.
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M&S food strong but online sales tumble
Marks & Spencer has reported strong growth in quarterly food sales, helping to offset a sharp fall in online sales.
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Poundland sees further sales boost after strong annual growth
Poundland has reported an 18% first quarter growth in sales this morning after posting double-digit full-year sales and profit growth
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Warburtons operating profits soar by 52%
Expansion into new product categories has helped Warburtons deliver a sharp increase in sales and profits.
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Greggs on course for first half profit jump
Greggs expects to post a 40% rise in first half operating profit after sales rose by 3.1%
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Premier Foods reports falling sales of power brands
Preimer Foods has announced a fall in sales on some of its key lines…
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Iceland pledges to open 40 stores as it reports flat like-for-likes
Iceland intends to open 40 new stores and create 1,250 jobs as it continues its investment strategy…
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Restructuring costs hit Boparan despite sales increase
Boparan Holdings, parent company of 2 Sisters Food Group, has reported a third quarter loss of £28.6m…
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Majestic Wine sees growth in B2B sales and fine wines
Specialist wine retailer Majestic reported “marginal” decline in sales in store during 2013, while its online growth also slowed.
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Henderson Group profits climb as stores and fresh food excel
Henderson Group has reported a 3.6% increase in turnover and “record profits” up 17.5% for the year ending 31 December 2013.
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Sainsbury’s sales fall 1.1% in first quarter
Sainsbury’s has reported a 1.1% drop in first-quarter like-for-like sales – its second consecutive quarter of falling sales.
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Farmfoods blames high energy costs as profits fall 42%
Frozen foods discounter Farmfoods has reported a 42.4% fall in pre-tax profits to £15.8m for the 52 weeks ending 28 December 2013.
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Tesco blames store refresh plan for dragging down Q1 sales
Tesco today blamed the impact of its price cuts and accelerated programme of store revamps for its third successive fall in like-for-like UK sales.
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CollectPlus service boosts PayPoint profits
Rising transactions and the growth of click & collect helped PayPoint’s pre-tax profits grow 11.5% to £46m for the year ending 31 March.
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Tate & Lyle profits fall on weakening sweetener sales
Tate & Lyle reported a 2% drop in full-year profits this morning.
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Spar International sees emerging markets power ahead
Spar has blamed pressure on consumer spending for a 1.8% decline in UK retail sales in the year ending 31 December 2013.
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Dairy Crest profits bounce back as Cathedral City sales climb
Dairy Crest has reported a 1% increase in sales and a return to bottom-line profitability after “a year of consolidation” that saw it reorganise its business structure and slash costs by £25m.
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SABMiller’s UK beer sales grow despite tough global trading
SABMiller has reported a rise in full-year earnings, boosted by beer sales in emerging markets and the UK…
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Makro back in profit as Booker sales climb 17.3%
Makro is back in profit, Booker revealed today.