All Finance articles – Page 131
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NewsBooths reports fall in profits as inflation bites
Executive chairman Edwin Booth had previously warned that performance could slow down
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NewsS-Ventures seeks £2.5m funding to turn around fortunes
Embattled fmcg investment firm S-Ventures has kicked off a fundraising effort to bring in at least £2.5m to bolster working capital and help cut costs and drive efficiencies
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NewsSamworth Brothers hires new CFO to replace outgoing Steve Bailey
The food group has appointed Charles Noble as chief financial officer to take over from Steve Bailey when he retires at the end of the year
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NewsAB World Foods adds Capsicana to its international spice mix
The Patak’s and Blue Dragon owner has expanded its repertoire of international brands with the acquisition of the Latin American sauce challenger
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NewsCity snapshot: Food prices fall for first time in two years
Food prices have fallen for the first time in two years in September to keep the overall UK rate of inflation steady at 6.7%. Plus, Just Eat Takeaway lifts annual profit forecasts and Cake Box issues a first-half trading update.
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NewsMedia Bites 18 October: THG, food banks, corner shops
The main fmcg story on a quiet news days is the THG third-quarter results.
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Comment & OpinionWhy grocery assets are an active sector for investment
The continued optimism from the leading grocery brands is driving a welcome uptick in investment volumes, says Martin Supple, head of out of town retail at CBRE
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NewsCompleat Food Group acquires vegan cheesemaker Palace Culture
It adds to the chilled group’s existing plant-based brands Squeaky Bean and Vadasz
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NewsFood producers lower prices at fastest rate for three years
Prices charged by food and drink manufacturers fell at the fastest rate in more than three years in September, raising the prospect that inflation is set to ease significantly in the coming months
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NewsCity snapshot: Mults growth slows as price war ramps up
Supermarket growth has slowed and remained below inflation as shoppers take advantage of loyalty scheme discounts, according to the latest data. Plus, THG reports progress in Q3 and food producer prices fall for first time in three years.
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NewsMedia Bites 17 October: National Lottery, food prices, M&S
The incoming operator of Britain’s National Lottery said it expects to initially fall short of promises it made bidding for the lucrative government contract as it prepares to take control of the country’s largest distributor of charity funds.
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Comment & OpinionThe CMA will find deducing evidence of profiteering enormously difficult to prove
The Competition & Markets Authority is expected to complete the second phase in its enquiry into ‘profiteering’ this autumn. It will be fascinating to see how it approaches the task
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Promotional FeaturesOvercome pricing and promotional forecasting challenges
For CPG brand suppliers, presenting retail partners with new pricing and promotional strategies can be complex. In this article, dunnhumby’s head of insight sales Moray Duncan reveals how to tackle key forecasting challenges.
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NewsCity snapshot: M&S kicks off recruitment drive for 10,000 Christmas staff
Marks & Spencer has launched a recruitment drive to appoint 10,000 customer service assistants for its stores over the Christmas trading period.
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NewsMedia Bites 16 October: chocolate, THG, shoplifting
The current market is tough for chocolatiers, but they are hoping for a happy Christmas this year thanks to the revival of a number of classics and recent sales figures that suggest this could be a bumper festive season.
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InterviewsChapel Down CEO Andrew Carter on comebacks, climate change and raising capital
Nearly a decade after a tumultuous exit from one of wine’s biggest players, Andrew Carter is fizzing with excitement at the opportunities presented by English sparkling
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NewsCity snapshot: British American Tobacco fills new role of chief people officer
British American Tobacco has appointed Cora Koppe-Stahrenberg to the new role of chief people officer.
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NewsQuorn owner hit by cost hikes and falling demand in meat-free
Quorn parent Marlow Foods has plunged into the red as soaring costs, falling demand for plant-based in supermarkets and one-off redundancy charges hit the Monde Nissin-owned group.
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NewsHeinz profits increase despite Tesco dispute
Heinz has recorded bumper profits in the year it pulled products from Tesco shelves after a row over price rises.
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NewsMedia Bites 13 October: vaping, Boots, Finsbury Food
The UK has launched a consultation into restricting the sale of vapes, as both major political parties support imposing much harsher rules on the sale of enticing disposable e-cigarettes that have soared in popularity among children.