Finance news
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NewsHalewood Artisanal Spirits insists ‘business as usual’ despite sweeping director changes
Halewood has also changed its name of its holding company to Charlie Stewart Spirits
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NewsDavid Wood Baking rebrands as lender completes buyout
David Wood Baking will undergo a brand refresh as its lender completes a buyout to take the own-label bakery out of family ownership, The Grocer has learned
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NewsWhitworths revenues soar as demand for nuts and seeds climbs higher
Whitworths’ strong revenue growth pushed its underlying profits higher, with operating profit before adjustments growing from £5.9m to £7.4m
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NewsMash Direct reports 14% increase in turnover
The veg and side company’s accounts, published at Companies House, showed the business increased its turnover by 14% to the year 31 December 2025, compared with the year before
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NewsFWD welcomes warehouse tax u-turn but warns rates burden remains
Chancellor John Healey is reported to have ruled out a warehouse tax at the weekend following a backlash from retail bosses
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NewsBosses of major supermarkets meet Healey with budget demands
Executives will tell John Healey that ‘choices he makes at the end of month will determine whether more shops open or close, whether retail jobs grow or decline and whether prices rise faster or slower’
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NewsParfetts to rebrand to Go Local Wholesale as it targets £1bn in sales
The change brings the wholesaler under the same name as its Go Local symbol estate
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NewsCautious shoppers constrain supermarket growth, NIQ figures show
Supermarket sales growth has slowed as consumers continue to keep a close watch on household budgets
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NewsWorldpanel: Asda’s return to growth proves short-lived
The latest data also tells of subdued grocery sales elsewhere as consumers spend cautiously ahead of the autumn budget
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NewsGreencore finishes ‘monumental’ year on a high
CEO Dalton Philips said the integration of Bakkavor continued to “make strides” as the group increased revenues 4.5% to £1bn in its fourth quarter to 25 September
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NewsFood sales grow in September but shoppers ‘remain cautious’ as budget looms
Retail sales growth ‘remained subdued’ in September, according to the latest BRC-KPMG retail sales monitor
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NewsUnion ‘deeply concerned Poundland is being pushed into administration’
Usdaw said it had persistently sought talks with Gordon Brothers to no avail and feared a decision could be made on Poundland’s fate as soon as Tuesday
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NewsM&S and John Lewis bosses set out budget demands for Chancellor
M&S chief Stuart Machin said he had written to John Healey directly ‘to set out what needs to change’
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NewsDavid Milner eyes global growth as boss of Crosta-EPG combination
David Milner has told The Grocer of his ambitions “throughout Europe and beyond” following Crosta Mollica’s tie-up with Nestlé spin-off the European Pizza Group
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NewsPepsiCo cuts profit guidance as pressure on US beverages mounts
Despite a strong international performance that beat expectations, PepsiCo Beverages North America dragged the conglomerates’ third-quarter results down with a 3% decline in volumes
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NewsOmega Pressery secures investment from Giles Brook
The Grocer Gold winner will use the six-figure investment, alongside leveraging Brook’s supply chain experience from his days as European CEO at Vita Coco, to support its retail, DTC and international growth strategy
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NewsKen Murphy defends Tesco’s CPI negotiations stance
Tesco is determined to prevent ‘unjustified’ cost price increases
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NewsTesco nudges profit guidance higher despite ‘uncertain backdrop’
UK like-for-like sales slowed from 1.8% in the first quarter to grow just 1.5% in the first half
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NewsBoots owner agrees $9bn sale to Weston family
The deal includes Boots’ retail operations in the UK and Ireland, Boots Opticians, its No7 Beauty Company, and its Thailand and franchised businesses
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NewsBooths sales and basket spend rise despite ‘challenging market’
For the year to 28 March 2026, sales rose by 0.6% to £324.8m at the upmarket retailer