All Finance articles
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NewsC&C Group shares boosted by appointment of new CEO David Forde
Forde, currently Heineken’s UK MD, will join the FTSE 250 brewer and wholesaler “no later than early 2021”
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News
Supermarket price inflation falls back as deals return and price war looms
Offers and promotions have started to rematerialise, damping grocery price inflation
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News
Poor potato harvest hits McCain profits
Profits more than halved at frozen foods specialist McCain last year as “one of the worst potato harvests in 40 years” hit its bottom line.
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News
Brakes records £25m loss and warns over coronavirus impact
The loss came in the wake of £39.3m pre-tax profit from the previous year
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Analysis & Features
What next for Allied Bakeries after losing the Co-op contract?
Allied has now lost its second bakery supply deal in two years. How can it salvage the situation? Is buying Hovis the answer to its prayers?
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News
City snapshot: Supermarket inflation falls back in June to 0.9%
Supermarket inflation fell back in June as the return of promotions and the threat of a price war took the sting out of pandemic-driven price hikes.
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News
Media Bites 10 July: Retail job losses, John Lewis, Boots, Brexit tariffs
“Help us stem tidal wave of job losses, beg shops”, writes The Times as John Lewis, Boots and Burger King cut nearly 7,000 jobs.
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News
John Lewis to close eight stores as Boots axes 4,000 jobs
The John Lewis shops identified for closure include two full-size department stores in Birmingham and Watford
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News
Alex Russo to take over as B&M chief financial officer in November
Russo will become CFO and executive director of the company on 16 November following a handover from Paul McDonald
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Comment & Opinion
As sales rocket, what next for free-from food and drink?
It could be time for free-from alternatives to be ranged alongside their mainstream counterparts
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News
Frozen food sales remain high as freezer filling trend sticks
Value sales of frozen food in the 12 weeks to 14 June surged 19.4%, on volumes up 17.5% – a whopping £285m increase
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News
Tesco responds to ‘speculation’ around Aldi ‘price war’
Despite concerns about the short time frame for the ‘tough negotiations’, Groceries Code Adjudicator Christine Tacon says she’s received no complaints
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News
Poundland revenues flat as rivals open in former Poundworld sites
Like-for-like growth had been driven by Pep&Co, while the positive impact of Poundworld’s demise had been offset by competitors opening in the chain’s former sites, according to newly filed accounts
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Comment & Opinion
Tesco: why our push for low prices isn’t anti brand
Tesco chief product officer Andrew Yaxley addresses the speculation about its price changes
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News
Media Bites 9 July: Mini budget, Uber Eats/Asda, Kbox
Sunak unveils £30bn economic package in the Summer “Mini Budget”, Uber Eats teams up with Adsa for grocery deliveries and Deliveroo backer Hoxton Venutures invests in Kbox
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City snapshot: C&C Group names Heineken UK boss David Forde as CEO
C&C Group has appointed Heineken UK MD David Forde as group CEO, joining in 2021.
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News
Plant-based meat startup This readies £2m crowdfunding push
The startup will use the funds to open a plant-based innovation centre in London
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News
Asda partners with Uber Eats for 30-minute grocery delivery
The trial, which launches this week, gives customers a choice of more than 300 Asda own-brand products
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News
Ocado relaunches shopping app after pulling it in March due to soaring demand
Ocado had been forced to turn away new customers and pull the mobile app due to “performance issues”
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News
City snapshot: Distil revenues rise 21% since April on strong retail sales
The premium drinks brands owner now expects revenues for the first half up by 75% to 85%
