Finance news – Page 558
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NewsNisa wins supply contract for 298 McColl's bought from Co-op
Subject to CMA clearance, Nisa will begin supplying the first new, larger McColl’s stores in January
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NewsMedia Bites 10 November: Sainsbury's
The papers manage to find room to squeeze in reports of Sainsbury’s latest results amid all the coverage of the US presidential election.
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NewsCity snapshot: Dairy Crest profits rise after dairies sell off
Dairy Crest CEO Mark Allen hailed the first set of results since the sale of its milk business to Muller as profits rose 19% on higher volumes of its cheese and butter brands
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NewsTrump victory sparks hopes of 'fast-track' trade deal for UK food & drink exporters
Exporters say they are hopeful they might benefit despite increased global uncertainty
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NewsTesco Bank reassures customers 'normal service' is resumed
All 9,000 customers hit by cyber-attack have been fully reimbursed, the bank says
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NewsMedia Bites 9 Nov: M&S, ABF, Imperial Brands
The dramatic results of M&S’ strategic review get plenty of coverage this morning as well as results from ABF and Imperial Brands.
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NewsCity snapshot: Sainsbury's Coupe sees "good progress" despite sales and profits drop
Sainsbury’s CEO Mike Coupe has insisted the supermarket is making “good progress in challenging conditions”
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NewsLucozade and Ribena to undergo massive sugar reductions
The Lucozade Energy Orange brand is set to see the most dramatic reduction, with 65% less sugar
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NewsAssociated British Foods prices to rise as pound drives up costs
Associated British Foods is weighing up price rises for its basket of grocery products to ease the pressures of rising costs.
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NewsBooths sales fall 0.7% in wake of Storm Desmond
Booths says it would have recorded sales up 0.7% had it not been for devastating storm last winter
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NewsMarks & Spencer bets big on food: what the analysts say
Retailer set to close 60 clothing and home stores and focus on food in business turnaround
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NewsMedia Bites 8 November: Tesco Bank, Fever-Tree, Sainsbury's
A cyber fraud attack at Tesco falls under the spotlight this morning as the supermarket admitted 40,000 customers had been affected by an online heist over the weekend. Plus, Fever-Tree upgrades profits again and Sainsbury’s poaches Poundland’s boss as its new CFO.
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NewsCity snapshot: Marks & Spencer pins turnaround hopes on food
Marks & Spencer is planning to accelerate the rollout of its food stores and reduce its clothing offer as it seeks to turn around the struggling business and rebuild profits
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NewsPhrooti seeks £150k to launch sugar-free fruit water
Sugar free fruit tea brand Phrooti is pitching for £150,000 in a crowdfunding campaign to launch a new range of bottled waters.
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NewsSainsbury's appoints Poundland CEO Kevin O'Byrne as CFO
Former Asda CEO Andy Bond will step in as executive director to lead Poundland’s day-to-day operations
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NewsTesco Bank halts online payments after hackers raid accounts
Tesco Bank chief executive Benny Higgins said he hoped affected customers would be refunded within 24 hours
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NewsEnsuring Brexit trade flow is key for new WSTA chairman
“The reality is we are now facing one of the toughest eras the wine and spirits market has ever faced” says Dan Jago
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NewsFever-Tree upgrades profit expectations
Drinks mixer producer Fever-Tree (FEVR) has upgraded its profits expectations for the year, sending its shares up 10% this morning ..
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NewsMedia Bites 7 Nov: Sainsbury's, Bird's Eye, Walkers, M&S
Sainsbury’s pension deficit has ballooned to more than £1bn, according to analysts ahead of its half-year results this week.
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NewsLincolnshire Co-op sales pass £300m as local produce booms
The retailer grew sales at its 83 food stores by 6.9% while trading profits rose by 4% to £20m in the same period