All Finance articles – Page 10
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NewsTim Steiner: Ocado ‘not blameless’ in CFC closures of major partners
Tim Steiner said ‘we have learnt important lessons’ as the company prepares to re-enter international markets as exclusivity agreements come to an end
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NewsVital Drinks scores £1m to back Harry Kane push ahead of World Cup
The functional drinks challenger will use the money to support further retail expansion after winning listings in Sainsbury’s, Morrisons and Ocado, as well as expanding into foodservice through Brakes
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NewsAlbert Bartlett reports ‘satisfactory’ year despite challenging market
Turnover for the potato supplier increased by 7.8% to £338.2m. Meanwhile, operating profit rose by 15.3% to £17.4m in the year to 31 May 2025, according to its latest accounts at Companies House
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NewsHeineken appoints new technology boss to lead AI transformation
Heineken is looking to put AI at the forefront of its efforts to slim down its workforce and drive efficiency
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NewsOcado to axe 1,000 jobs in cost-cutting restructure
Under the restructure, 1,000 jobs will be lost as Ocado fold its commercial brands Ocado Solutions and Ocado Intelligent Automation into a single entity
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NewsKeurig Dr Pepper sales soar ahead of JDE Peet’s deal
The company’s growth largely came from the company’s US refreshment beverages division, where Ghost – acquired in late 2024 – contributed strongly to a 9% leap in volumes
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NewsMolson Coors to shutter Sharp’s Brewery and cut up to 200 jobs
Molson Coors acquired Sharp’s Brewery in 2011 and has invested over £20m in the site over the past 15 years
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NewsDiageo boss Dave Lewis slams ‘very poor’ off-trade customer service
Diageo has grown its field sales team in its domestic market, but significant improvements in customer service were still needed, Lewis said
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NewsHaleon growth below expectations on weak cold & flu season
Organic revenue growth came in lower than expectations for 2025 at 3%, with the performance also affected by depressed consumer confidence in North America, where volumes declined 1.4%
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News‘Drastic Dave’ Lewis cuts Diageo dividends as sales miss expectations
Lewis set out the case for tightening the balance sheet to shareholders this morning, after the company revealed it had been forced to downgrade its profit and sales expectations for 2026
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NewsFood manufacturer confidence remains negative, FDF report finds
Confidence at food makers improved in the golden quarter of 2025, but remained subdued as the industry battled rising production costs, a new report has found
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NewsWraps & Wings owner Eatphoria sales jump 26% in ‘transformation year’
The strong performance was driven, in part, by new location openings, with 12 cloud kitchens added to the portfolio
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NewsDoug Gurr gets nod for permanent role as CMA chair
Acting as interim chair since January 2025, Gurr had been appointed to push the markets watchdog into becoming a faster, lighter-touch organisation that could speed up major deals
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NewsBrewDog workers to demonstrate at being ‘left in the dark’ over sale process
BrewDog’s sale was the result of ’years of catastrophic mismanagement’, claimed Unite
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NewsMcBride predicts good momentum on healthy private label market
Revenues at the household products supplier increased 0.8% to £475.2m in the six months to 31 December, with volume growth recorded in both private label and contract manufacturing
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NewsIRO Sushi evolves franchisee programme to accelerate UK expansion
Chefs and other hospitality executives will be able to access finance for the capital required to open a joint venture with the sushi brand
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WhitepapersBuilding fair and transparent fmcg supplier–retailer relationships
In a market where volume growth is strenuous, discover how suppliers can protect margin and strengthen retailer partnerships through independent, evidence-based reconciliation – showing why transparency is a practical advantage, not just a buzzword.
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NewsFox’s Burton’s returns to profit as revenue bounces
The biscuit maker, formed in 2023 by the merger of Fox’s and Burton’s, has climbed towards profitability since formation
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NewsAsda to pump £2.5m into in-store opticians including new leadership
The investment into physical locations, staff training and development was announced at Asda Opticians’ annual conference last week, alongside two senior appointments to lead the continued development of the service offering
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NewsBrewDog founder James Watt set for last-minute rescue bid
James Watt, who started BrewDog with Martin Dickie in 2007, is negotiating financial backing from external investors to back his bid for the ailing company