Finance news – Page 98
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NewsWaitrose ‘in talks’ with British Corner Shop to potentially rekindle relationship
Waitrose was BCS’s main retail partner before the online grocer joined forces with M&S in 2021
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NewsCity snapshot: Poundland like-for-like sales decline on supply chain issues
Poundland owner Pepco Group has posted a drop in like-for-like sales in its third quarter, amid a sharp drop in organic sales at Poundland
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NewsMedia Bites 11 July: SSP, Wetherspoons, Body Shop
A good day for SSP and Wetherspoons chairman Tim Martin calling for chancellor Rachel Reeves to slash taxes make the papers today
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NewsCrowdfunding platform Seedrs rebrands as Republic Europe
Crowdfunding platform Seedrs has rebranded as Republic Europe following a takeover by a US-based financial technology firm
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NewsOSY Group scores further Innovate UK backing for shelf life extending tech
Food tech firm OSY Group has received a five-figure grant to accelerate growth for its flagship technology to increase the shelf life of fresh produce
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NewsFrench baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
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NewsHolland & Barrett transformation boosts revenues but drags on profitability
Holland & Barrett has boosted revenues by £81m as an ongoing transformation plan attracted more customers to its stores, but losses at the health and wellness retailer widened
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NewsJimJams raises £300k to target expansion in foodservice and out-of-home
Chocolate spreads challenger JimJams has secured six-figure backing to support the next stage of growth as it expands its reach into the foodservice channel
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NewsCity snapshot: SSP Group on track as reduced industrial action helps lift Q3 sales
The Upper Crust operator said in a trading update that it had started the second half of its financial year “well”, with positive momentum from the first six months continuing in Q3
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NewsMedia Bites 10 July: sugar tax, coffee prices, business confidence
The sugar tax led children’s sugar intake to fall by almost one teaspoon per day, according to a study picked up in today’s papers
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NewsCity snapshot: Poor weather hits June retail sales
UK retail sales fell backwards year on year in June as damp weather hit consumer spending during the month, according to the latest BRC-KPMG Retail Sales Monitor
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NewsMedia Bites 9 July: Britvic/Carlsberg, Asda, tea prices
An agreement between Carlsberg and Britvic on a £3.3bn takeover makes headlines in today’s papers
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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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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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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 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