All Finance articles – Page 105
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Analysis & FeaturesInside the shrinking fmcg wage purse: why isn’t pay keeping pace?
The pandemic days of employers making strenuous efforts to support staff are over, as pay lags inflation and competition for roles increases. Instead, more sustainable – and cheaper – support is being offered
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NewsCity snapshot: Early Easter fails to reverse footfall decline
Easter falling at the end of the March failed to reverse the ongoing decline in retail footfall in 2024, according to the latest data from BRC-Sensormatic IQ
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NewsMajestic completes acquisition of Vagabond Wines
The deal would protect the jobs of 171 employees at Vagabond, Majestic said.
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NewsMedia Bites 5 April: The Co-op, DS Smith, Retail sales
The boss of the Co-Operative Group has dismissed claims that the mutual model is broken after the food-to-funerals group reported a slump in annual profits
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NewsTofoo Co weighing up strategic options as sales boom
Investment bankers at Piper Sandler are in the early stages of a process to weigh up interest in the fast-growing tofu brand, according to City sources
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NewsPosh food delivery brand Supper London ends operations
Supper London had set itself apart from other food delivery companies by only working with the capital’s top restaurants and delivering orders on canopied bikes
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NewsCity snapshot: Membership growth boosts sales and profits at Co-op
The Co-op moved back into operating profit last year as strong membership growth and increased like-for-like food sales boosted performance at the group
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NewsMedia Bites 4 April: Takeaways, Brexit, Hilton Food
Britain is eating 50% more takeaways than before Covid in a “drastic” shift in the nation’s eating habits, according to a report in today’s papers
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NewsLavazza sales pass €3bn but raw coffee costs hit margins
Global coffee giant Lavazza grew global revenues to over €3bn last year, but soaring coffee bean prices hit the group’s profits
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NewsBiome9 expands gut health service for dogs with new investments
Biome9 has raised more than £1m to expand its at-home gut microbiome testing service for dogs, with Warburtons boss Jonathan Warburton and former Pets at Home CEO Peter Pritchard taking part in the round
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NewsNyetimber tables £46m offer for The Lakes Distillery
The Lakes’ directors recommended its shareholders approve the deal
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NewsFurr Boost secures Dragons’ Den investment for dog smoothie brand
The business secured £50k from Touker Suleyman in return for a 30% stake
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NewsMomo Kombucha raises £1m to keep up with gut health demand
Momo Kombucha has secured a seven-figure investment to drive expansion plans as the gut health drinks start-up aims to hit revenues of £10m by 2026
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NewsMedia Bites 3 April: Waitrose, egg production, Amazon
Waitrose is cutting prices in its stores for the second time in as many months as it battles to regain shoppers from M&S
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NewsCity snapshot: Supermarket basket size grows as inflation slows
Shoppers have been encouraged to put more in their baskets as inflation eased back to more manageable levels, according to the latest market data released this morning. Plus, full-year results from Hilton Food Group with a turnaround in seafood helping boost profits
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NewsWho Gives a Crap on a roll with rapid UK growth
Sustainable paper products challenger Who Gives a Crap is racking up rapid growth thanks to a loyal DTC customer base and expanding distribution in retail
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NewsLow Pay Commission to consult on national living wage rates
It comes as employers across the country implemented the new NLW this week, which rose by 9.8% from £10.42 to £11.44 per hour
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NewsNice Rice secures six-figure investment to build sustainable rice category
Nice Rice has closed a six-figure investment round to help with its mission to champion environmentally friendly products and grow the sustainable rice category in the UK
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NewsAdnams ‘considers options’ as it downplays talk of outright sale
The brewer said it would prefer an injection of third-party capital or to sell some of its freehold pubs
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Category ReportBeer & cider trends 2024: The great drinkflation
Duty changes are shaking up beer and cider, leading to a stream of lower-abv innovation. But are shoppers being short-changed?