Finance news – Page 556
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NewsDunnes Stores draws level with Tesco in Ireland
Dunnes and Tesco now each account for 21.6% of the Irish grocery market
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NewsMedia Bites 28 Sep: AG Barr, Sainsbury's, High street sales
AG Barr is to cut 10% of its workforce as it revealed a 3% fall in half-year sales and criticised the government’s proposed sugar tax as “punitive”
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NewsCity snapshot: Sainsbury’s like for likes down 1.1% in second quarter
Sainsbury’s has announced a 1.1% like for like retail sales fall, excluding fuel, for the 16 weeks to 24 September 2016.
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NewsDr Oetker UK profits up by 64% as efficiencies pay off
UK revenues at pizza and home baking supplier Dr Oetker edged up to £156m last year, but profits jumped by two-thirds driven by operational efficiencies and the accounting treatment of previous acquisitions.
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NewsOff-trade beer sales overtake sales in pubs, clubs and bars
Of the 44 million hectolitres of beer sold in Britain 51% of sales came from supermarkets and off-licences with the remain
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NewsMenzies delivery staff suspend strikes after improved offer
Unite members had voted 86% in favour of strike action and 91% for industrial action short of a strike
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NewsSainsbury's extends one-hour bike deliveries across London
A team of 40 shoppers and cyclists will fulfil the orders from branches in Wandsworth and Pimlico
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NewsAG Barr sales lose fizz in challenging grocery environment
Falling prices, changing consumer tastes and a disappointing summer have combined to hit revenues at Irn-Bru maker AG Barr.
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NewsMedia Bites 27 September: Aldi, Sainsbury's, beer, Coca-Cola
Aldi’s financial performance in 2015 receives blanket coverage in this morning’s papers. Sainsbury’s new one-hour delivery trial in London and the latest on the possible merger of Coca-Cola’s Asian bottlers also get a look in.
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NewsAldi results: What the analysts say
Aldi announced another set of record results as sales reached £7.7bn, but profits shrank. What did the industry analysts make of it?
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NewsKey Food Ingredients seeks rescue deal as rising dairy costs take their toll
Rising dairy prices have pushed a manufacturer of ghee and Asian sauces into administration, with more than 40 jobs at risk unless a buyer can be found.
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NewsMidcounties Co-operative compensates underpaid delivery staff
The society has asked all newspaper delivery staff to come forward so that pay rates can be checked
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NewsAldi plans £300m store refresh amid 11.8% annual sales growth
Aldi is to invest £300m in enhancing its UK stores after posting annual sales of £7.7bn in the year to 31 December 2015.
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NewsMedia Bites 26 Sep: Tesco, AB InBev/SABMiller, Bernard Matthews
Tesco could be called before the Commons inquiry into workplace pensions amid claims that the hole in its pension fund could be up to £6.5bn.
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NewsTesco sales figures boost City optimism over recovery
Grocery market share data once again showed Tesco as the best of the mults
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NewsRaging deflation leads to OC&C 150 sales slump
The supermarket price war and the slump in commodity prices have resulted in sales falling
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NewsMPM sales driven up another 25% by pet pampering trend
The group drove revenues last year thanks to its first foray into TV advertising for the Encore brand
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NewsChristmas turkey dinner saved by Ranjit Singh Boparan deal
‘Chicken king’ Ranjit Singh Boparan rides to the rescue of Bernard Matthews to save Christmas dinner
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NewsRaging deflation leads to OC&C 150's first sales slump
The supermarket price war and the slump in commodity prices have resulted in sales falling for the first time since 2001
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NewsHain Celestial gets all-clear for Orchard House acquisition
Hain Celestial can finally takeover Orchard House after getting the green light to sell its UK own-label freshly squeezed fruit juice business to the owner of the Sunmagic juice and smoothie brand by deal regulators.