Finance news – Page 567
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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.
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NewsCoke bottler goes flat in wake of Brexit and poor weather
A lack of consumer thirst for Coke, poor weather, challenging consumer markets and the slump in sterling after Brexit combined to send sales backwards at Coca-Cola European Partners
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NewsTon Christiaanse to replace Phil Wieland as new Brakes UK CEO
Christiaanse will take up his role on 1 January and report to group CEO Ken McMeikan
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NewsBritish sparkling wine prices on the rise as demand grows
Supermarket prices for British sparkling wines are on the up as shoppers increasingly clamour for home-grown fizz
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NewsNew alliance formed to lobby on Brexit fishing policy
The PTF and FDF have partnered to launch the UK Seafood Industry Alliance
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NewsCity snapshot: Grocery listings help boost sales at Science in Sport
Sports nutrition specialist Science in Sport has grown revenues by 24% in the first half of the year, driven higher by international sales and new listings
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NewsMedia Bites 22 Sep: Majestic Wine, SABMiller, M&S
“Majestic Wine shares skid 33% on worst day ever”, writes The Financial Times (£) on a grim day for the UK’s largest specialist wine retailer.
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NewsSolina Group acquires Yorkshire-based sauce business New Ivory
French food supplier Solina Group has snapped up culinary sauce specialist New Ivory as it looks to grow its presence in the UK
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NewsBernard Matthews jobs pledge welcomed by Unite
Bernard Matthews will also start processing chickens as well as turkeys to fill spare capacity at its sites.
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NewsTesco drops minimum order charges for online shoppers
Tesco said the free next-day service would be available at 2,500 stores across the UK
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NewsMedia Bites 21 September: Bernard Matthews, Kantar/Nielsen, Co-op
The controversial pre-pack sale of Bernard Matthews to 2 Sisters owner Ranjit Singh Boparan makes the papers this morning, along with the latest grocery figures from Kantar and Nielsen.