Finance news – Page 442
-
NewsIntersnack strikes cut-price deal to buy struggling Tyrrells
KP Snacks owner Intersnack has struck a cut-price deal to buy Tyrrells and attempt to restore the brand to growth after a “phenomenal reduction in performance” under US ownership.
-
NewsMichael Saunders back as Bibendum CEO
Saunders joined Bibendum in 1982, staying with the company until its buyout by Conviviality in 2016…
-
NewsAsda hails 'genuine momentum' in sales growth
Asda reported 8.3% like-for-like growth in online grocery sales in the period, while George.com sales soared by 21.9%
-
NewsKP owner Intersnack buys Tyrrells
The owners of KP Snacks Intersnack has announced it has agreed to acquire Tyrrells from The Hershey Company
-
NewsBrexit labour shortages 'killing' fruit & veg sector
A Defra spokeswoman told The Grocer the government was “giving consideration” to what replacement labour arrangements might be necessary after Brexit
-
NewsOnline takeaway service Appetise is put up for sale
A message appeared on Appetise’s website saying orders were not being taken…
-
NewsC&C to decouple Matthew Clark and Bibendum after rescue from Conviviality administration
C&C CEO Stephen Glancey also shook off rumours C&C planned to sell Bibendum PLB to focus on Matthew Clark
-
NewsCity snapshot: Ocado signs US supply agreement with Kroger
Ocado shares have surged by almost 40% this morning after announcing it has signed a supply partnership with US grocery giant Kroger. Plus, Fever-Tree sees positive UK progress at the start of its financial year and appoints a new non-exec director, Mothercare announces restructuring plan and all the rest of the latest news from the City.
-
NewsMedia Bites 17 May: Pubs, SSP Group, Co-op
Pub stocks tumbled as the Beast from the East hammered first-half results and added to a string of challenges.
-
NewsGluten-free biscuit supplier Northumbrian Fine Foods bought by Biscuit International
Northumbrian Fine Foods, the UK’s leading gluten and milk-free biscuit manufacturer, has been purchased by French giant Biscuit International.
-
NewsPayPoint and Link pilot new cash withdrawal service
The PayPoint terminal will act like an ATM, removing the requirement for an additional machine
-
NewsDeliveroo to give all its employees share options
The longer staff are employed by the company, the more shares they will be able to accumulate
-
NewsC&C Group profits slide on Irish market struggles
Magners owner C&C Group’s profits took a tumble last year thanks to competitive pressures, FX challenges and one-off costs in its Irish homeland.
-
NewsMedia Bites 16 May: Discounters, Premier Foods, Deliveroo
Lidl and Aldi could be forced to reveal details of the inner workings of their growing empires as part of the investigation into Sainsbury’s merger with Asda.
-
NewsPremier Foods moves forward debt targets after accelerating sales
Premier Foods has pushed forward its target for paying down its debts by a year, following better than expected growth in 2017-18.
-
NewsThe Tofoo Co to scale up production with six-figure funding package
North Yorkshire tofu producer The Tofoo Co is to scale up its production and create 13 new jobs after securing a six-figure funding package.
-
NewsOne in five Brits not using paid-for delivery subscriptions
According to Whistl 61.4% of 1,000 people surveyed were signed up to Amazon Prime
-
NewsCity Snapshot: Premier Foods annual growth surges to 3.6%
Premier Foods heralded its “strongest annual performance in five years” after sales grew 3.6%, driven by double figure growth in international and non-branded sales. Plus, Patisserie Valerie, saw revenues climb 9.1% in its first half and all the rest of the latest news from the City.
-
NewsMedia Bites 15 May: Countrywide, David Potts, Sainsbury's
The CMA’s decision to block Mole Valley Farmers’ acquisition of struggling agricultural stores chain Countrywide has seen the latter go bust.
-
NewsCotswolds Distillery raises £2.2m from crowd for promotion, distribution and site investment
The Cotswolds Distillery is overfunding after smashing its £2m crowdfunding target to boost its advertising and promotion, increase its distribution network and pay for the building of a new visitor centre.