All Finance articles – Page 120
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NewsTDR Capital acquires controlling stake in Popeyes UK
Fast food chicken chain Popeyes UK is under new ownership as British private equity house TDR Capital increased its shareholding
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NewsFortnum & Mason to ‘double’ supply chain capacity and invest in food to go
Fortnum’s saw ‘record’ numbers in stores during the Christmas period, but struggled to meet demand online
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NewsMüller UK&I sinks to £6m loss in 2022 as inflationary pressures bite
A £25.8m operating profit in 2021 swung to a £5.9m operating loss in the year to 31 December 2022, its latests accounts have shown
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NewsBreal Group announces £1m investment in Black Sheep Brewery
Black Sheep was bought out of administration by Breal in May 2023
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NewsMedia Bites 11 January: Sainsbury’s, Greggs, BrewDog
Trading updates from Sainsbury’s and Greggs dominate business headlines this morning, but BrewDog’s controversial move to drop new workers from the Real Living Wage also gained plenty of column inches
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NewsAsda owners ‘more than comfortable’ with supermarket’s £4bn debt pile
A senior exec at Asda co-owner TDR Capital has told lawmakers the supermarket’s owners are “more than comfortable” with its debt pile are taking a long-term view of its growth prospects
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NewsGreggs reports strong Christmas trading as sales improve 9% in Q4
Greggs’ record sales in 2023 are the result of a series of strong factors, including a good performance in Q4
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NewsSainsbury’s records ‘strong’ Christmas sales as premium demand increases
Sainsbury’s saw its ‘best ever year’ for sales of mine pies and premium cheese
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NewsVFC Foods eyes more acquisitions as it aims to become ‘vegan Unilever’
Veganuary founder Matthew Glover will be taking a more hands-on role at the group this year
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NewsMedia Bites 10 January: Asda, Christmas retail, Danone
The private equity owner of UK supermarket chain Asda defended its controversial buyout of the business, as it faced a grilling from politicians
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NewsCity snapshot: Sainsbury’s boosts volumes as Nectar Prices and Taste the Difference win over Christmas customers
Sainsbury’s has boosted food volumes by more than the wider grocery market over Christmas thanks to its Nectar Prices promotions and shoppers trading up to its Taste the Difference range. Plus, full-year trading updates from Greggs and Vimto maker Nichols
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NewsExpat favourite British Corner Shop enters administration
The Bristol-based online retailer has ceased trading with all 20 employees made redundant
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NewsSt Pierre Groupe appoints Sarah Boddy as new boss
Boddy will take the reins from David Wagstaff, who has left the bakery supplier for ‘new ventures’
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NewsCranswick bolts on pork processor Froch Foods
Meat processor Cranswick has completed a bolt-on acquisition of Yorkshire-based bacon supplier Froch Foods to boost its capacity
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NewsCrosta & Mollica secures backing from Perwyn and brings in David Milner
The Italian food brand has secured private equity investment from Perwyn to maintain rapid growth and support international expansion, with fmcg heavyweight David Milner brought in as chairman
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NewsCity snapshot: Grocery spending hits record £4.8bn in Christmas week
Sales at the UK supermarkets reached a record high of £4.8bn during the week leading to Christmas
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NewsMedia Bites 9 January: Dry January, Majestic Wine, Christmas sales
The Grocer exclusive that Britain’s biggest supermarkets have been increasing the cost of low and no-alcohol drinks for Dry January makes headlines this morning
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NewsGriffiths Family Foods acquires Framptons egg division
Griffiths Family Foods has taken control of the non-core egg division of Framptons to expand the business into the foodservice sector
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NewsFIS Group acquires Cambridge Market Research
The deal will allow Cambridge Market Research MD Paul Beresford to retire, after more than 20 years at the business’s helm
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Comment & OpinionHow slowing inflation will shape growth tactics in 2024
Our expectation is that volume growth will be the primary focus, says Alex Lawrence, senior strategic insight director at Circana