Finance news – Page 620
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NewsSouthern Co-operative hails 'best Christmas in years'
Like-for-like sales across convenience stores were up 4.7% in the three weeks to 3 January
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NewsMajestic Wine shares soar as new strategy pays off
CEO Rowan Gormley described the results as “encouraging” but “too early to call it a trend”
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NewsPoundland shares plunge to record lows
Poundland shares have plunged to an all-time low as it warned profits for the year would be at the low end of expectations.
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News'Trader' Rowe to replace Bolland at M&S: what the analysts say
Here’s what industry experts have to say about M&S’s dramatic announcement
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NewsCity snapshot: M&S CEO Marc Bolland steps down amid strong Christmas food sales but weak GM
Marks and Spencer has announced this morning that Marc Bolland will step down as CEO after six years in the role
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NewsMedia Bites 7 Jan: Sainsbury's/Home Retail, John Lewis/Waitrose
The fallout from Sainsbury’s bid for Home Retail Group continues in the papers this morning.
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NewsSteve Rowe to replace Marc Bolland as M&S CEO in April
Marks and Spencer announce that Marc Bolland wishes to retire as CEO in 2016
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NewsStevia ingredients firm PureCircle's first-half sales up 25%
Meanwhile, EBITDA more than doubled to $13m
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NewsSainsbury's bid for Home Retail: what the analysts say
Here’s what industry experts are saying about Sainsbury’s rejected bid for the Argos owner
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NewsPre-Christmas trading has little effect on deflation
The BRC-Nielsen Shop Price Index reports year-on-year deflation of 2% for December…
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NewsWaitrose like for like sales fall 1.4% over Christmas period
Gross sales (excluding fuel) were £859.8m, up 1.2% compared with last year, however like-for-like sales fell 1.4%
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NewsMedia Bites: Sainsbury's bids for Home Retail Group
The surprise news yesterday that Sainsbury’s held talks takeover with Argos owner Home Retail Group has triggered a flurry of news stories in today’s papers.
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NewsS&A Foods owed suppliers £15m after collapse
Unsecured creditors of S&A Foods, including big name food suppliers, look set to be out of pocket by up to £15m as a result of the collapse of the ethnic ready meals business last year.
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NewsProfits shoot up at meat processor Dunbia as it seeks a buyer
Northern Irish meat processor Dunbia saw annual pre-tax profits hike by more than 40% driven by the impact of opening new facilities.
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NewsSainsbury’s confirms approach for Argos owner Home Retail Group
Sainsbury’s has announced today that it made an approach to Homebase and Argos owner Home Retail Group in November that was rejected.
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NewsEagle Eye appoints former Tesco deputy CEO as chairman
Grocery tech group Eagle Eye has appointed former Tesco deputy CEO Tim Mason as its new chairman
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NewsCity snapshot: Cumbria-based Carr's survives floods unscathed
Carr’s has issued a trading update detailing the “enormous challenge” recent flooding posed to the business
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NewsMedia Bites 5 January: Ocado, coffee shortage, Guinness
Ocado’s share price has fallen by 16% in just four trading days on concerns over the impact of Amazon and worries over Christmas sales
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NewsSales growth moves Pieminister back into the black
Pieminister returned to profitability in its last financial year as a 21% growth in sales helped the premium pie maker record a pre-tax profit of £99k.
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NewsMeadow Foods grows profits as milk price hits sales
Pre-tax profits at dairy processor Meadow Foods have risen almost 25% to £13.7m despite turnover slipping by £44m to £376m.