Finance news – Page 626
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NewsMedia Bites 1 Dec: Cyber Monday, Emperador, Morrisons
Sales on Cyber Monday were expected to have risen by 31% on last year, but to have still fallen short of the record £1.1bn spent on Black Friday.
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NewsOnline grocery retailer Hubbub partners with Planet Organic
Hubbub partners with Planet Organic to steal a march on Amazon Fresh
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NewsSugar tax proposal: industry reactions
Leading industry figures react to the House of Commons’ health committee report on childhood obesity
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NewsTax of 20% on sugary soft drinks urged by MPs
Commons health committee backs calls for sugar tax on soft drinks
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NewsCity snapshot: Cranswick shares boosted by strong pork sales
Cranswick has reported a pre tax profit increase of 22% in the six months to 30 September after a strong rise in pork sales, plus the market reacts to the low key Black Friday and the week ahead in the City.
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NewsMedia Bites 30 Nov: AB InBev/SABMiller, Cyber Monday, Black Friday
AB InBev is to put Peroni and Grolsch up for sale as it tries to “squeeze” a £177bn merger with SAB Miller past EU regulators. Plus the latest coverage of Black Friday and Cyber Monday.
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NewsR&R Ice Cream revenues up 17.3% for first nine months
Revenues at R&R Ice Cream were up 17.3% in the nine months to 30 September as last year’s acquisition of Peters boosted sales.
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NewsIndependent retailer Tout slips back into a loss
Tout expecting stong year after major investment in stores
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NewsFSA warns of 'challenging' times as budget cuts revealed
Chancellor George Osborne’s review cemented earlier fears from within the FSA that it faced funding cuts
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NewsNisa agm fails to pass Myners reform recommendations
Nisa insists it is fit for the future despite failing to secure member support to pass corporate governance reforms
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NewsCity News: Greencore shares rebound on sandwich growth
Greencore continues to surf the wave of the UK food-to-go boom as another big jump in sandwich sales underpinned its 5.2% sales rise to £1.34bn for the year to September 25 this week.
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NewsMedia Bites 27 November 2015: Black Friday, Tesco, Co-op, SSP
All the focus this morning is on Black Friday, with updates, deal finders, live blogs and updates from the US, where the phenomenon started.
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NewsCity snapshot: Growth harder to come by for Fast 50
The UK’s privately owned fmcg suppliers have found it difficult to maintain the monster rates of sales growth of previous years, the new Grocer Fast 50 reveals today. But the same business still leads the way.
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NewsRippleglen warns of cost blow from national living wage
The government’s new national living wage will force CTN chain Rippleglen to cut staff hours and raise prices
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NewsPaypoint chief admits to commission charges mistakes
PayPoint chief executive Dominic Taylor has publicly admitted for the first time that the payment technologies company fell short in its communication of changes to its commission structure earlier this year.
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NewsMcColl's on hunt for new CEO as James Lancaster steps down
Retail veteran James Lancaster confirms plan to step down as McColl’s CEO
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NewsTesco settles US legal case for $12m
Tesco has announced this morning it has settled the class action law suit brought in New York by US investors
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NewsMedia Bites 26 Nov: Black Friday, Business rates, Britvic
The papers are still churning out new angles on tomorrow’s supposed sales extravaganza as we head into Black Friday.
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NewsLidl buys German recipe box home delivery business
Lidl has bought German recipe box home delivery start-up Kochzauber
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NewsFirst Milk sells Glenfield Dairy to Graham’s
First Milk has agreed to sell its Glenfield Dairy business to Scottish processor Graham’s the Family Dairy