Finance news – Page 512
-
NewsManhattan Associates appoints Craig Summers as UK MD
Craig Summers will manage all aspects of UK business including sales, professional services and customer service…
-
NewsEuro Garages forks out £595,995 to buy Spaghetti Junction pub
Plans to redevelop The Armada on Powick Road, opposite Spaghetti Junction, into a filling station and retail unit…
-
NewsMalcolm Walker receives knighthood for services to retailing
Other key recipients from the world of retailing and food include Grocer columnist Professor Chris Elliott, who has received an OBE in the Queen’s Birthday Honours List
-
NewsEuro Garages parent buys over 1,000 service stations in Italy
Intervias said the deal with ExxonMobil was for 1,176 sites in several Italian regions
-
NewsMedia Bites 19 June: Amazon/Whole Foods, Sainsbury's/Nisa, Tesco
Two stories dominate retail news in the weekend papers – Amazon’s shock swoop for Whole Foods Market on Friday and Sainsbury’s pursuit of Nisa.
-
NewsCity snapshot: Sainsbury’s closes in on Nisa acquisition
Weekend reports have suggested Sainsbury’s has entered into exclusive talks to buy convenience chain Nisa for £130m,
-
NewsWhole Foods acquisition may be prime pickings for Amazon
The organic grocery chain offers a quick win in building physical presence and credibility
-
NewsNestlé to explore potential sale of US confectionery
The Swiss company’s US confectionery business saw sales of around £722.7m in 2016
-
NewsTesco 'winning inflation battle' as like-for-likes grow
Tesco’s price inflation had been in the region of 1.4% in the past 12 weeks
-
NewsElla's records 11th successive year of double-digit growth
Profits have soared by almost 50% at Ella’s Kitchen as it recorded an 11th successive year of double-digit sales growth
-
NewsMedia Bites 16 June: Morrisons, High Street, Majestic Wine
More than half of Morrisons shareholders have failed to back the supermarket’s bosses’ pay package in a massive protest vote.
-
NewsCity snapshot: Tesco posts sixth consecutive quarter of like-for-like growth
Tesco has announced first quarter UK like-for-like sales growth of 2.3% and a 1% rise in group like-for-like sales, its sixth consecutive quarter of organic sales growth.
-
NewsCity News: Majestic Wine slips into the red
Majestic Wine insisted it was “past the tipping point” of its turnaround on Thursday
-
NewsBooker deal 'will free up £500m war chest for Tesco'
A successful merger “will give Tesco a £500m war chest to fight against wholesale and supermarket price hikes”…
-
NewsUK cereals 'must get match fit for Brexit'
The UK cereals sector should beware “sleepwalking into Brexit” and increase its competitiveness now
-
NewsCity snapshot: Majestic Wine slips into the red but is 'past the tipping point'
A “very strong” second half was not enough to keep Majestic Wine out of the red as the wine retailer recorded pre-tax losses of £1.5m.
-
NewsLDC declares the end of the “space race” as big four store numbers decline
The Local Data Company has claimed “the great space race is over” as big four store numbers fell last year amidst rising inflation and Brexit uncertainty.
-
NewsWeaker pound boosts earnings expectations at BAT
British American Tobacco has announced that first half earnings will be boosted by at 14% currency tailwind as it confirmed it is trading in line with expectations.
-
NewsHalo Coffee raising £1.6m to spur global growth
Eco-friendly coffee start-up Halo is seeking £1.6m funding to “aggressively” grow the business in the UK and overseas.
-
NewsMark Robertson made First Milk operations director
The dairy industry veteran will take charge of First Milk’s manufacturing operations