All Finance articles – Page 11
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News‘Pre-budget’ jitters drag on November retail sales
Total UK retail sales were up 1.4% year on year in November, below the 12-month average of 2.5%, according to the latest BRC-KPMG Retail Sales Monitor
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NewsGrape Tree founder sells majority stake to employee ownership trust in ‘exciting new chapter’
Founder Nick Shutts will remain as CEO while retaining a stake of above 25% but no more than 50% in the business, which grew sales by nearly a third to £69.3m last year
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NewsBako Group buys Bako Western as expansion continues
It is the latest step in the expansion of Bako Group’s operations following the merger of its three regional trading divisions in Preston, Durham and Wimbledon
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NewsMagnum hits €8bn valuation in IPO despite Ben & Jerry’s spat
Floated at €12.20, shares in the world’s biggest ice cream company rose to a high of €13.09 before settling around the guidance price of €12.80
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NewsTreatt reveals interim leadership following CEO’s departure
Newcomer Manprit Randhawa, who joined Treatt in September as interim CFO, will step up as interim group managing director on 1 January
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NewsUK Egg Centre and Bumble Hole form joint venture
Both Bumble Hole and Hardeman produce fresh eggs and egg products
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NewsAB InBev agrees deal to acquire 85% stake in BeatBox
AB InBev has revealed plans for its US brewing arm to acquire a majority stake in BeatBox for a purchase price of up $490m (£368m)
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NewsAu Vodka tops list of UK fmcg challenger brands
Brands were given an overall index ranking out of 250 based on five criteria
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NewsSSP Group enjoys share price bounce despite Europe difficulties
Upper Crust owner SSP Group pledged to explore “all options” to correct performance at its struggling continental Europe division on Thursday, prompting a 13.8% bounce in share price
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NewsOcado and Kroger agree $350m compensation payment
The decision reflected Kroger’s plan to close the three CFCs in Maryland, Wisconsin and Florida in January, as well its decision to no longer proceed with a new Ocado warehouse in North Carolina, one of the two planned CFCs due to go-live in 2026
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NewsFootfall slumps as shoppers stay home for Black Friday deals
Gloomy weather and anxiety ahead of the budget combined to form a toxic brew for the high street in November as footfall slumped across the UK
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NewsGressingham Foods acquired by French company LDC
The family-owned French company has acquired a majority stake in the poultry business
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NewsWKD splashes £10m on 30th birthday campaign amid sales declines
The investment marks a ‘bold new direction’ for WKD, says owner SHS Drinks
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NewsCandy Kittens outlines plans for ‘unshackled’ Graze
Ed Williams, Candy Kittens CEO and co-founder alongside Jamie Laing, told The Grocer he was excited to see what Graze it could do once ‘unshackled’ from corporate ownership
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NewsVillage Bakery sales rocket under new French owner
Village Bakery’s revenues have soared 20%, as rampant demand for premium breads pushed annualised sales to £123.4m
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NewsSSP Group considering ‘all options’ for struggling European rail business
A ‘wide-ranging review’ of the business will report by May next year
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NewsReal Yorkshire Pudding Co’s sales puff up as volumes rise
Rising volumes at The Real Yorkshire Pudding Co helped deliver a strong year of sales and profit growth, according to its latest set of financial results
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NewsNo More Lids takes home top spot at Future of Food
Judges commended founder and MD Chris Brown for ‘game-changing environmental achievements’ in an industry that uses more than 10 million takeaway cups and generates in excess of 51 tonnes of waste every day
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NewsQatar Investment Authority to offload £300m worth of Sainsbury’s shares
The Qatar Investment Authority has revealed it would sell up to 84 million shares in Sainsbury’s to institutional investors in a placing
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NewsKeystone business fundamentals ‘strong’ insists CEO despite sale document leak
Keystone is operating at well below its 265,000hl annual capacity