more results news & analysis – Page 60
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NewsSuperdrug Christmas sales up 16% as footfall recovers
Own brand lines were up 20%, while more shoppers took advantage of discounts for loyalty scheme members
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NewsCity snapshot: Premier Foods Christmas sales jump on grocery growth as it shuts factory
Premier Foods has posted double-digit growth in its crucial third quarter as it announces the proposed closure of its Knighton powdered beverage factory affecting 300 roles. Plus, trading updates from Hotel Chocolat, Deliveroo, Bakkavor and Finsbury Food Group
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NewsCity snapshot: Inflation slows again but food prices keep shooting higher
Food and drink prices continued to climb higher in December, but the UK headline rate of inflation slowed for the second month in a row. Plus, trading updates from WH Smith, Just Eat Takeaway and Eagle Eye
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NewsDiageo shells out €260m-plus for ‘super premium’ Don Papa Rum
Diageo has agreed to acquire Don Papa Rum, a super-premium, dark rum from the Philippines, in a deal worth up to €438m (£385m)
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NewsCook delivers record-breaking Christmas sales figures a year on from cyber-attack
Like-for-like retail sales, including local delivery and click & collect across its 94-shop estate, were up 22% from £12.6m in 2021 to £15.7m
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NewsCity snapshot: Strong Christmas week drives Ocado Retail to fourth quarter growth
Ocado Retail saw 15% growth in the days leading up to Christmas to drag its overall fourth quarter sales up 0.3% despite a sharp drop in basket sizes. Plus, Diageo makes rum acquisition and trading updates from Naked Wines, THG and McBride
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NewsFortnum & Mason will resume exports to Europe in 2023, after bumper Christmas
‘We can’t wait for the government establish better relations with the EU,’ CEO Tom Athron told The Grocer
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NewsCity News: Sainsbury’s, Tesco and M&S all post bumper Christmas sales
Soaring food price inflation and solid sales volumes combined to accelerate growth rates
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NewsInnocent pushed to £9.5m loss by Brexit-linked factory move
Smoothie maker Innocent Drinks has fallen into the red after splurging on a new purpose-built factory in the EU post-Brexit.
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NewsFarmison marks Horsegate anniversary with new traceability scheme
The upmarket online butcher started rolling out front-of-pack QR codes across its whole cut range this month
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NewsCity snapshot: C&C Group warns strikes and cost of living will hit full year profits
Beer and cider producer and distributer C&C Group has warned rail strikes and cost of living pressures will hit its full year performance, despite strong trading in December
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NewsAcquisitions boost Kettle Foods to £100m in sales for first time
Snack maker Kettle Foods has pushed sales above the £100m mark for the first time thanks to bolt-on acquisitions and increased own-label demand.
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NewsPrinces owner in search of buyer as sales fall sharply
The owner of tinned food giant Princes has kicked off a search for a buyer, as newly filed accounts revealed it suffered a sharp drop in sales and profits as surging Covid demand eased
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NewsGraham’s The Family Dairy profits hit in ‘fierce’ cost climate
The Scottish supplier said the past 15 months had been its most challenging ‘by some distance’
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NewsCity snapshot: Tesco Christmas sales jump despite cost of living crisis
Tesco has overcome ‘tough times’ for consumers to post strong broad-based growth in the run-up to Christmas. Plus, food and clothing grow at M&S, Hilton Food Group enjoys strong Christmas and all the rest of the latest news from the City
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NewsCity snapshot: Record Christmas for Sainsbury’s as inflation lifts sales
Sainsbury’s has upped its profits expectations for the year after reporting a record Christmas. Plus, Nichols reports full-year trading update and reveals new chairman appointment.
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NewsCity snapshot: Grocers boosted by highest ever sales week in the run up to Christmas
UK supermarkets saw a double digit jump in sales, as strong inflation and a recovery in sales volumes lead to the industry’s biggest ever week in the run up to Christmas
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NewsCity News: B&M, Greggs and Next provide investors with some Christmas cheer
Bargain hunters looking to stretch budgets helped B&M and Greggs, while Next raised profit forecasts following better-than-expected festive trading.
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NewsCity snapshot: Lidl attracts 1.3 million new customers over Christmas
Lidl has this morning reported that it attracted more than an additional 1.3 million customers in the run up to Christmas as sales increased 24.5%.
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NewsWilliam Jackson Food Group bounces back with 35% sales jump
William Jackson Food Group grew sales by over 35% and cut losses last year, thanks to a resurgent foodservice market and its supply partnership with Co-op