All articles by Ed Devlin – Page 197
-
NewsCity snapshot: My Local on the verge of administration
My Local has reportedly filed a notice of intention to appoint KPMG as administrator, putting more than 2,000 jobs at risk in the process.
-
NewsExporters on alert in build-up to Brexit vote
Food and drink exporters have expressed grave concerns about the impact a Brexit would have on overseas business
-
NewsTesco sells Dobbies for £217m in cash
Sale comes a week after the supermarket agreed to offload the Giraffe restaurant chain to Ranjit Boparan
-
NewsPoundland shares rocket as Steinhoff mulls takeover bid
Steinhoff is back shopping for a European retailer after it announced it was mulling a takeover bid for Poundland
-
NewsMedia Bites 17 June: Poundland, Unilever, high street, US sugar tax
Poundland profits crash amid interest from Steinhoff; Unilever warns its staff that Brexit could harm the business; shoppers shrugged off Brexit fears in May as high street sales beat forecasts; and Philadelphia becomes the first large US city to introduce a sugar tax on fizzy drinks.
-
NewsMedia Bites 16 June: Poundland, BHS
The papers are dominated this morning by the appearance of Sir Philip Green before MPs answering questions on the BHS collapse, but Steinhoff’s approach for Poundland also gets a look in.
-
NewsCity snapshot: Poundland profits tumble as Steinhoff gets set to pounce
Pre-tax profits slumped 84% at Poundland last year as the problems surrounding the acquisition of 99p Stores took their toll
-
-
NewsGlendale Foods rises from the flames to hit record heights
Glendale Foods has increased sales more than 40% to record levels after it fully restored the factory following a “devastating” fire in 2012.
-
NewsMedia Bites 14 June: Asda, BHS
The end of Andy Clarke’s six-year reign at Asda gains plenty of column inches across the papers
-
NewsOcado shares plummet on Amazon Fresh fears
The online grocer’s share price have plunged 6.6% this morning to 209.5p
-
NewsBath Ales falls to a loss despite frothy sales
Bath Ales has fallen into the red despite revenues increasing 7% to £15.6m, with strong demand for bottles of its flagship Gem amber ale at the supermarkets helping fuel growth.
-
NewsEagle Eye warns of lower than expected sales
Shares in Eagle Eye Solutions, which has major contracts with Asda and Sainsbury’s, have crashed today after the tech group said full-year sales would be lower than expected.
-
NewsSainsbury's shares survive like-for-like sales decline
The market looked kindly on the like-for-like sales decline at Sainsbury’s this week
-
NewsHealth Rack shuts stores in rescue deal
Supplements retailer Health Rack has closed five stores outside its North West heartland
-
NewsFiddes Payne management shake-up continues
Departure of FD Robert Moorhouse and commercial director Mark Grahame follows December exit of MD Iain Macpherson
-
NewsDairy Partners profits balloon on back of global pizza boom
Mozzarella and pizza cheese producer Dairy Partners has recorded a more than 11-fold increase in profits
-
NewsTesco to offload Giraffe to Ranjit Boparan
Tesco has agreed to sell Giraffe to 2 Sisters owner Ranjit Boparan as the supermarket continues its strategy of disposing of non-core assets.
-
NewsMedia Bites 10 June: M&S, Argos, Morrisons, Boots
The M&S annual report and the pay of Marc Bolland and Steve Rowe is poured over; the Q1 sales growth for Argos also features, alongside a management shake up at Boots.
-
NewsCity snapshot: Iceland slows decline of like-for-like sales
aroIceland has slowed the rate of decline in its like-for-like sales thanks to new initiatives introduced throughout the year. Plus Tesco agrees the sale of Giraffe; and Sainsbury’s CFO John Rogers to take charge of Argos.