Finance news – Page 22
-
NewsCity snapshot: EG Group set for $13bn New York IPO
Forecourt operator EG Group is readying a $13bn stock market flotation in the US for later this year. Plus, trading updates from Huddled and Eagle Eye
-
NewsGreggs hit by ‘weak consumer confidence’ as growth slows to 2.5%
The chain surpassed £2bn in sales for the first time, but still faces ‘tough headwinds’
-
NewsSainsbury’s to work ‘closely’ with suppliers to protect value for shoppers
Sainsbury’s was ‘absolutely committed to doing everything we can to mitigate the impact of inflation’, CEO Simon Roberts said
-
NewsCity snapshot: Sainsbury’s offers 5% pay rise following ‘biggest-ever’ Christmas
Sainsbury’s is to reward staff with an inflation-busting pay rise after they helped the supermarket deliver its “biggest-ever” Christmas
-
NewsSainsbury’s celebrates record Christmas but Argos remains a drag
Sainsbury’s premium Taste the Difference own label range outperformed rivals to help the supermarket to a record Christmas despite ongoing weakness at Argos
-
NewsValeo ‘on track to be sweets champ’ despite ongoing losses
Valeo Foods is on track to become “the undisputed European sweets and treats champion” despite annual losses topping €100m, its boss has said.
-
NewsM&S and Tesco shares sink despite record Christmas performance
Supermarkets may be celebrating a record Christmas, but the markets remained thoroughly unimpressed by retail stocks on a busy Thursday of trading updates
-
NewsWyke Farms boss warns businesses face ‘relentless’ cost hikes
Rich Clothier said the ’tough year’ just gone could be overshadowed by a ‘seismic’ and irreversible ’tsunami of extra costs’ over the next 12 months
-
NewsNaturaw secures six-figure funding package to boost production of raw petfood brand
Raw pet food brand Naturaw has secured a six-figure growth package from the Northern Powerhouse fund as it steps up production at its Yorkshire factory
-
NewsHilton Foods hails strong Christmas trading period
The meat supplier was helped by the launch of new premium products in the UK.
-
NewsChristmas retail deflation likely to be temporary reprieve
Shop prices fell in December, according to the monthly BRC-NIQ shop price index, but the report predicts economic headwinds this year will see the return of higher prices
-
NewsMedia Bites 9 January: results 'super' Thursday, food prices, ‘fake’ Aldi store
All the retail headlines from Thursday 9 January
-
NewsB&M shares tumble after profit guidance cut
B&M’s trading over the Christmas period was weaker than expected
-
NewsCity snapshot: Tesco and M&S celebrate a record Christmas as shoppers splash out
Tesco and Marks & Spencer have revealed strong Christmas numbers this morning as consumers splashed out on premium ranges for the big day. Plus, Christmas trading updates from Hilton Food Group, B&M Bargains and Greggs, with the latest shop price inflation data from the BRC and NielsenIQ
-
NewsTesco delivers ‘biggest ever’ Christmas as shoppers splurge on Finest range
Tesco has delivered its “biggest ever” Christmas as Britain’s biggest retailer lowered festive prices and won shoppers from rivals
-
NewsPromise Gluten Free owner Mayfair strikes deal for Irish brands Pat the Baker and Irish Pride
Ceres Group – the holding company for Mayfair’s consortium of baked goods businesses – agreed to take control of Azeda, the owner of Pat the Baker and Irish Pride just ahead of the Christmas break
-
-
NewsYeo Valley’s margins squeezed in ‘fiercely competitive marketplace’
Yeo Valley acknowledged ‘the sometimes competing forces’ of paying a fair price to farmers while keeping retail prices low
-
NewsLupa Foods bought by private-equity backed Geia Food
Lupa Foods specialises in supplying Italian products to UK food manufacturers
-
NewsHome Bargains’ turnover and profits soar as store estate grows
The retailer opened 31 new stores in 2024 and is set to launch a ‘highy automated’ new one million sq ft distribution centre in spring