Finance news – Page 52
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NewsBoundless bags £1.5m investment to cement position in gut health snacking
Cathy Moseley founded the business in 2017, launching a range of ‘activated’ crisps, nuts and seeds aimed at improving gut health
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NewsAsda signs Staniland amid top job shake-up
Asda said Staniland – a highly regarded figure in the industry – would join Asda in a VP role next March
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NewsVBites founder Heather Mills acquires vegan online retailer Alternative Stores
Mills’ acquisition of the plant-based store is to support her mission to create a ‘one-stop shop for convenience’
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NewsBritvic deal ‘completely unrelated’ to loss of San Miguel contract, Carlsberg Group CEO says
Jacob Aarup-Andersen said Carlsberg would back its other world beer brands to make up for losing San Miguel
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NewsSuperdrug sales surge as store and own-label investment drive footfall
Overall pre-tax profits increased 43%, with volumes also up
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NewsMedia Bites 7 July: General election, John Lewis, Kitwave
Leading retailers have warned Labour it must follow through on its manifesto pledges to reform the broken business rates system
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NewsCity snapshot: Carlsberg agrees £3.3bn takeover offer with Britvic
Carlsberg has struck a deal to buy Britvic for £3.3bn as the soft drinks group agreed to a renewed higher offer from the Danish brewer. Plus, a Q3 trading update from Britvic and Ocado continues to expand its partnership with Japan’s Aeon
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NewsCity News: Sainsbury’s hails ‘strong momentum’ despite non-food slowdown
Sainsbury’s ‘Food First’ strategy saw it crowned Grocer of the Year at the Gold Awards 2024 this week but while there was “strong grocery momentum”, its shares were hit by slowing growth
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NewsMedia Bites 5 July: General election, Co-op, John Lewis
The pound held firm this morning as Labour won a large majority in the general election and Sir Keir Starmer pledged that “change begins now”
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NewsBRC calls for new government to fast-track planning reform as footfall drops
As the UK wakes up to a new Labour government, the BRC has called on the incoming regime to urgently tackle issues holding back the high street
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NewsVillage Bakery set for imminent sale
A buyout at premium own-label bread maker Village Bakery is nearing a conclusion, with a European trade player set to announce a deal within days, The Grocer has learned
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NewsCity snapshot: Marston’s appoints new chair
Pub group Marston’s has appointed a new chair to succeed outgoing chairman William Rucker
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NewsMedia Bites 4 July: General election, Tesco, Diageo
As Britain heads to the polls, the papers are dominated by the general election
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NewsBig Drop readies £450k crowdfunding round to fuel licence brewing model
Alcohol-free brewer Big Drop is getting ready to return to the crowd to support plans for further on-trade listings and to expand its licence brewing model internationally
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NewsThe Cheeky Panda plans for growth as it achieves profitability
Eco toilet paper challenger The Cheeky Panda has bounced back into the black and is in a “terrific position for growth” in 2024
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News‘Ultra premium’ focus and overseas demand drives double-digit growth at Edrington
Edrington profits also saw a 6% uplift
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NewsLuna Daily secures funding from Unilever Ventures
The feminine hygiene brand has secured backing from Unilever’s venture capital arm to support an expansion of its product range
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NewsMedia Bites 3 July: Sainsbury’s, M&S, climate change
Sainsbury’s has said sales growth slowed in recent weeks as food inflation eased and consumers shopped “more cautiously”
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NewsCity snapshot: Sainsbury’s named Grocer of the Year at Gold Awards 2024
Sainsbury’s has taken home the prestigious Grocer of the Year prize at the Grocer Gold Awards 2024
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NewsHaribo boosts sales 24% as it wins record market share
Haribo has sweetened its top line as continued demand for its products pushed market share to a new record