Finance news – Page 428
-
NewsSainsbury's raises profits forecasts after record Christmas
Sainsbury’s has lifted its profits expectations for the year after a record Christmas week, but the supermarket’s growth was held back by declining general merchandise sales as Argos struggled.
-
NewsMarket share figures point to bumper Christmas for grocers
The latest grocery market share figures from Kantar Worldpanel and Nielsen suggest UK consumers shrugged off any worries about the wider economy to increase their grocery spend over the festive period.
-
NewsLincolnshire Co-operative reports 7% Christmas boost
The society paid out a dividend bonus of £1.9m to its 280,000 members in December
-
NewsPoundworld profits slump following 'significant' investment
Discounter is looking to open “a substantial” number of stores in each of the next three years
-
NewsMajestic hails a 'robust' Christmas performance
Majestic Retail sales grew 1.2%, while Naked Wines put in the strongest performance, growing sales by 13%…
-
NewsMorrisons reports festive sales boost
Morrisons has reported a 2.8% uplift in group like for like sales excluding fuel over the ten weeks to 7 January and a 3.7% jump over the Christmas period.
-
NewsMedia Bites 9 Jan: Festive spending, Lidl, Retail administrations
Rising food costs meant consumers had little left over to spend on a festive splurge, according to the latest retail industry figures.
-
NewsHalewood Wine & Spirits cements turnaround with year of growth
The Lambrini owner ditched underperforming brands to focus on premium and craft spirits…
-
NewsLidl to open largest UK regional distribution centre in Luton
The new distribution centre follows the opening of two new RDCs in Exeter and Wednesbury in 2017
-
NewsPoundland announces listing of 40 more big brand lines
The chain has struck deals with suppliers including Mondelez, Haribo, Reckitt Benckiser, Britvic, GSK, P&G and Mars
-
NewsMolson Coors snaps up Aspall Cyder
Brewing giant Molson Coors has swooped for family owned Aspall Cyder in a bid to strengthen its position in the fast-growing premium cider category.
-
NewsMedia Bites 8 December: Tesco, M&S, Xmas trading, Molson Coors/Aspall
The majority of the grocery coverage in the weekend papers is looking ahead to a busy week of Christmas trading updates, with Tesco expected to be a winner and M&S losing out.
-
NewsSeabrook profits jump but sales fall back again in 'extremely challenging' category
The Yorkshire-headquartered brand said the year to 26 March 2017 had been “extremely challenging” as supermarkets rationalised shelf space in the crisps and snacks category as they continued to lose share to the discounters.
-
NewsDunbia turnover drops after pork sale
Meat giant Dunbia saw turnover fall by almost £20m in the wake of the sale of its pork division to Cranswick
-
NewsBurts Chips eyes £100m in sales as it swoops for Savoury & Sweet
Savoury & Sweet makes products for UK household-name brands and private label ranges for major retailers
-
NewsNatural Drinks wins private investment after crowdfund fails
The money, from an unnamed private fund, will help it accelerate the launch of a raft of NPD…
-
NewsPoppets owner Raisio sells sweets business to Valeo
The confectionery business includes six production plants in the UK and Czech Republic, as well as the Poppets, Fox’s, XXX, Just and Pedro brands
-
NewsOcado shares surge amid international licensing deal rumours
Hopes online grocer Ocado is soon to announce further progress on international expansion drove its shares to their highest
-
NewsGrace Foods wins £1m contract to supply aloe vera drink to Aldi in Spain
Caribbean food and drink manufacturer Grace Foods is increasing its international footprint in Europe after agreeing a new contract with Aldi in Spain, supported by a £6m bank funding package.
-
NewsCrawshaw shares sink as record Xmas week fails to halt decline
Shares have crashed almost 8% in Crawshaw this morning after the value meat retailer revealed a heavy decline in underlying sales in December, despite a record week leading up to Christmas.