Finance
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NewsCharlie Bigham’s sales jump but profits slip into the red
Upmarket ready meals supplier Charlie Bigham’s has posted a £9.3m jump in annual sales in its most recent financial year, but investment in growing capacity sent the company into the red.
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News Analysis
City uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
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News
Post-Brexit export plan targets growth in the US and China
The Department for International Trade has also identified India and the UAE as key territories to ramp up exports
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News
City snapshot: UK readies US and China food export push
The US and China are being targeted in a major new government strategy to boost food and drink exports post-Brexit. Morrisons gains closer customer relationships through Amazon deal expansion, Charlie Bigham’s sees 19% growth but falls to a loss and all the rest of the latest news from the City.
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News
Media Bites 14 June: Tesco, Morrisons/Amazon, Majestic Wine
Tesco CEO Dave Lewis says the supermarket group faces challenges with soggy weather and consumer sentiment.
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News
Iceland reports 4.5% rise in sales as EBITDA falls back
Sales were boosted by a net increase of 43 stores
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News
Spanish fine foods importer Mevalco doubles sales last year
A customer showroom and new kitchens are due to be completed in the autumn
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News
Morrisons expands Amazon rapid delivery after relaxation of Ocado deal
Morrisons will gain more control as a retailer on Amazon’s site, rather than a wholesaler to the internet giant
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News
Dave Lewis warns of shortages in event of October no-deal Brexit
Tesco boss argued retailers will not have spare capacity due to Christmas planning
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Comment & Opinion
Beyond Meat shows potential of plant-based but don't count out Nestlé
The addressable market for plant-based meat could be $140bn within a decade, says Barclays’ Warren Ackerman
