Finance news – Page 409
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NewsScandal-hit Patisserie Valerie hires ex-Tulip boss Francis as new CEO
Francis has replaced Paul May at the helm of the crisis-hit bakery chain
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NewsWorld foods supplier TRS Group eyes sale
The £109m-turnover business hired advisors Stamford to prepare for a sale early next year, The Grocer understands
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NewsPremier to seek 'over £100m' from Ambrosia sale, say analysts
The company confirmed plans to divest its third-largest brand on Tuesday 13 Nov, as Gavin Darby announced his departure
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NewsCity snapshot: Asian foods specialist TRS Group seeks buyer
World foods supplier TRS Group is eyeing up potential buyers after the £109m-turnover business hired advisors to prepare for a sale, The Grocer understands. Plus, Imperial Brands responds to new proposals to regulate vaping and menthol product sales and all the rest of the latest news from the City.
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NewsMedia Bites 16 Nov: Asda, US tobacco bans, Patisserie Valerie
Asda revival continues as sales rise again, writes The BBC as the media also reports on US restrictions on vaping and menthol tobacco and boardroom changes at Patisserie Valerie.
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NewsAsda reports sixth quarter of like-for-like sales growth
Asda said it had benefited from a 13.8% growth in online grocery sales in the quarter
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NewsFirst brand launched by Danone accelerator scheme rolls out
Ayem is a bircher-style breakfast pot brand made from a blend of almonds, milk, fruit and seeds
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NewsRetailers and wholesalers join action against Europe lorry cartel
Poundland, Lincolnshire Co-op and JJ Food Service have joined a group action
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NewsDevro warns on volume growth over Russia slowdown
Sausage skin supplier Devro has warned that weaker than expected sales in Russia will result in lower than expected full year sales volumes as it begins the search for a new chairman.
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NewsMedia Bites 15 Nov: Brexit, Inflation, Campbell Soup
The chancellor and the business secretary thanked dozens of senior figures from FTSE 100 companies last night for their stark warnings over the impact of a no-deal Brexit.
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NewsCMA reveals supplier fears over Sainsbury's-Asda merger
Two suppliers, who both asked to remain anonymous, have set out their concerns about the merger
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NewsScience in Sport to acquire PHD Nutrition for £32m
Sports nutrition supplier Science in Sport is set to acquire protein brand PHD Nutrition in a £32m deal.
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NewsMedia Bites 14 November: Premier Foods, B&M, Supermarket sales
Premier Foods’ chief executive Gavin Darby will step down after six years at the helm of the maker of Mr Kipling cakes
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NewsGrocery spending slows down in October
Grocery shoppers spent less in October 2018 compared to the same time last year, according to newly released grocery market share data from Nielsen and Kantar Worldpanel.
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NewsMorrisons hikes milk prices in wake of farmgate increase
It comes amid concerns that extreme weather would tighten supplies and lead to prices rises
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NewsDebbie Robinson to become Central England Co-op CEO
The Spar UK board ‘reluctantly’ accepted Robinson’s resignation
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NewsGavin Darby announces Premier Foods departure as it seeks Ambrosia sale
Premier Foods’ CEO Gavin Darby has announced he is to step down in January, while it has also said it is in talks to sell its Ambrosia brand
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NewsMedia Bites 13 Nov: Tobacco shares, Diageo, Kellogg's
Billions of pounds were wiped off the value of two British tobacco companies yesterday after reports that American regulators plan to ban menthol cigarettes.
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NewsFormer L’Oréal MD Jeremy Schwarz joins Good Hemp as Chairman
Plant-based food and drink business Braham and Murray Good Hemp has appointed Schwarz after four years leading The Body Shop
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NewsTesco faces massive equal pay claim as hearing begins
More than 8,000 workers are challenging the retail giant on equal pay