All Finance articles – Page 147
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NewsMedia Bites 21 Nov: Iceland, Lottery, UK Retail sales
The founder of Iceland has reasserted his intention to retain control of the frozen foods retailer after rebuffing takeover interest from several suitors since the onset of the pandemic
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NewsCheeky Panda returns to crowd to boost rapid growth
Cheeky Panda is set to launch a new funding round to continue rapid growth and grab a larger share of the personal care market.
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NewsFarmison guarantees availability of turkey for Christmas season
Farmison has guaranteed Christmas turkey availability as the premium online butcher kicked off a £2m crowdfunding campaign.
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NewsCity snapshot: Parsley Box sets out delisting timetable to leave AIM
Embattled DTC group Parsley Box has set out a timetable for cancelling its listing on London’s junior exchange. Plus, consumer confidence edges up in November and October’s UK retail sales rebound.
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NewsMedia Bites 18 November: Autumn Statement, Lidl, avian flu
The front pages are dominated by reaction to the Autumn Statement.
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NewsCity News: Premier Foods shares decline despite' highly creditable performance'
Premier Foods boosted sales in the first half as households turned once more to home cooking in a bid to cut costs as food prices soared to 45-year highs.
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NewsCity snapshot: Lidl wins new shoppers ahead of Christmas as annual sales increase
Annual revenues at Lidl have increased as it continued to attract new shoppers looking to cut down on household spending. Plus, a trading update from Finsbury Food Group.
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NewsMedia Bites 17 November: Premier Foods, inflation, autumn statement
Premier Foods has posted a rise in revenue fuelled by growing demand for cheaper products as customers turn to home cooking in the face of a cost of living squeeze (The Financial Times £). Mr Kipling owner Premier Foods has posted a rise in first-half profit and ...
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NewsFood inflation hits highest level in 45 years
Food and non-alcoholic beverage prices rose by 16.2% in the 12 months to October, up from 14.5% in September, according to the ONS
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NewsDX Group appoints Mark Hammond as executive chairman
Hammond will take over from retiring chairman Ron Series, who spent five years at the business
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NewsEncirc acquires Accolade Wines’ UK bottling and warehousing site as part of £30m deal
The deal, which is scheduled to close in January 2023, aims to support the wine producer’s growth strategy in key markets including the UK and Europe
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NewsCity snapshot: Premier Foods grows profits and sales as shoppers stay home to cut costs
Squeezed shoppers have turned to Premier Foods’ stable of household brands as they cut down on eating out, boosting sales and profits at the supplier group. Plus, inflation hits 11.1% as food prices soar at fastest rate since 1977, Deliveroo exits Australia, McBride warns of continued cost pressures, and Eagle Eye acquires French personalised promotions firm
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NewsMedia Bites 16 November: avian flu, Imperial Brands, champagne, Ocado
The avian flu outbreak is leaving high-end butchers struggling to source hand-reared and organic birds, while eggs shortages hit supermarkets and hospitality.
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NewsBig Drop secures seven-figure funding to boost alcohol-free beer supermarket listings
Alcohol-free craft brewer Big Drop has smashed a multimillion-pound crowdfunding target
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NewsSterling Meat Company to boost high street presence with NPIF funding
Northern butchers chain Sterling Meat Company is expanding its food-to-go format after securing a £500k investment
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NewsCity snapshot: Supermarket volumes set to fall this Christmas as shoppers retreat from rising prices
Shoppers will buy less and more carefully this Christmas as the rising price of groceries continues to put pressure on households, according to the latest industry research. Plus, full-year profits tumble at Imperial Brands and Wincanton posts strong first half
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NewsMedia Bites 15 November: Oatly, Ocado, inflation, Pladis
A busy morning in the papers takes in tumbling shares at Oatly, Ocado’s ambitions in Asia and soaring prices for food brands.
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NewsOatly plans redundancies on downgraded outlook and spiralling losses
Oatly is planning to slash its employee headcount as part of a package of cost-cutting measures
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Comment & OpinionTurning Asda around won’t be easy, but recent moves point to a newfound optimism
Asda has successfully focused on factors that have proven winners in the cost of living crisis: value and loyalty
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NewsWilko sells distribution centre to DHL for £48m
The business refinancing will let the homes and garden retailer improve its proposition and customer experience across its 402 stores and online, according to Wilko