Finance news – Page 488
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NewsDCS Group targets £300m revenue as sales rise 13.5%
CEO Denys Shortt said the latest results represented a “huge milestone” for the company…
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NewsHeron Foods sales and profits leap ahead of B&M takeover
Frozen food discounter Heron Foods, which B&M Bargains snapped up for £152m in August, has increased revenues by almost 9% despite a challenging trading environment.
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NewsSandpiper deal for iQ approved by Channel Islands authority
The music and computer retailer operates in both Jersey and Guernsey
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NewsTesco whistleblower: team was 'falling apart' due to pressure
Amit Soni told Southwark Crown Court senior management brushed aside the concerns of commercial directors
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NewsTesco turnaround 'on track' but City reaction is lukewarm
Tesco declared its turnaround “firmly on track” this week after posting a 27.3% jump in group operating profit
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NewsGousto moves towards profitable status as revenues rocket 88%
Recipe box service has posted a £6.6m annual loss as the cost of attracting new customers weighed on the bottom line
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NewsBirds Eye claims it's recovering despite slump in 2016 sales
Birds Eye has suffered another heavy decline in sales as conditions in the branded frozen space remain challenging
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NewsShoppers' views on Brexit 'colour experience of prices'
Some 83% of Brits have seen a hike in their shopping bills
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NewsMedia Bites 6 October: Tesco, Unilever, Accrol
Tesco remains in the news as the papers continue coverage of the fraud trial, the aftermath of Wednesday’s results and the ongoing CMA investigation into the Booker merger.
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NewsCity snapshot: Finsbury Food confirms closure of lossmaking Grain D'Or bakery
Finsbury Food Group has this morning confirmed that it will close its London-based bakery business Grain D’Or, with 250 staff facing redundancy.
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NewsTesco whistleblower claims managers ignored jail fears
Senior members of the team were desperate to ‘cover the gap’ in budget targets, jury told
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NewsMindful Chef smashes £1m crowd target in less than a week
Mindful Chef has smashed its £1m crowdfunding target in less than a week, adding 500-plus investors to the recipe box delivery company’s army of shareholders.
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NewsThird of shoppers vow to change chicken buying habits after scandal
A food safety scandal enveloped 2 Sisters Food Group last week…
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NewsKellogg's sales continue to slide in the UK
A declining UK cereal market continues to hamper sales at Kellogg’s as its Special K, All Bran and Crunchy Nut brands fell out of favour with shoppers.
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NewsCity snapshot: Gruppo Campari sells Lemonsoda business to Royal Unibrew in €80m deal
Gruppo Campari has reached an agreement to sell the Lemonsoda business to Danish-based beverage producer Royal Unibrew in a deal worth €80m
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NewsMedia Bites 5 October: Tesco, McColl's, PepsiCo, Amazon
News of Tesco’s impressive recover dominates business coverage in today’s papers, with room for the latest in the ongoing accounting scandal trial.
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NewsEx BrewDog MD Gareth Bath joins Chapel Down as beer boss
The appointment is part of the English winemaker’s “ambitious plans” for beer and cider brand Curious
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NewsIceland joint-MD Nick Canning leaves the business
CEO Malcolm Walker informed staff of Canning’s departure last week
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NewsSenior bosses face least family-friendly working says Mumsnet
Workers at the top of the career ladder find it hardest to combine their working lives with family pressures finds survey
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NewsJames Lancaster leaves McColl's as P&H speculation mounts
Lancaster is reported to be working with private equity firm Carlyle Group as it looks to complete a takeover for the wholesaler