All Finance articles – Page 150
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NewsMedia Bites 13 December: Boots, Unilever, Sainsbury’s
Walgreens Boots Alliance is reviving discussions on a potential exit from its UK pharmacy chain Boots nearly 18 months after a sale process was scrapped
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NewsNewlat confirms Princes talks as process reaches ‘advanced’ stage
Italian food group Newlat has confirmed it is one of the parties vying to acquire canned food giant Princes
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NewsCity snapshot: UK shoppers save now to spend £5bn on food during Christmas week
Grocery sales growth slowed in November as shoppers delayed spending on food and drink to take advantage of seasonal promotions during Christmas week. Plus, the CMA opens a probe into Unilever around claims of “greenwashing” and Pepco posts record sales but profits fall back
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NewsMedia Bites 12 December: VBites, Unilever, British American Tobacco
Heather Mills’s vegan food business, VBites, has collapsed into administration after failing to secure fresh funding
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NewsHeather Mills’ vegan empire VBites calls in administrators
VBites, the vegan meat and cheese producer created by Heather Mills, has called in administrators after failing to attract new funding amid cost pressures
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NewsCity snapshot: Whisky and gin drives 13% rise in UK drinks exports
UK drinks exports grew 13% last year to £9.4bn as international demand for UK spirits boosted global sales
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NewsMedia Bites 11 December: Loyalty cards, Asda, Princes
Tesco and Sainsbury’s are making an estimated £300m a year from selling information about their customers
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NewsAssisi Group buys Burns Pet Nutrition following PE investment
Assisi Pet Care Group has made its first acquisition since receiving US private equity investment earlier this year
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NewsHair loss specialist Sons raises €6.75m to drive European growth
Irish men’s healthcare brand Sons has secured investment worth €6.75m to grow the reach of its male hair loss products.
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NewsCity snapshot: Black Friday fails to rally UK shoppers amid bleak November
Top story Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in another disappointing month for retailers, according to figures from accountancy firm BDO. According to BDO’s High Street Sales Tracker, total like-for-like sales in November fell by 0.3% compared to ...
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NewsMedia Bites 8 December: Chapel Down, McDonald’s, Leon
England’s largest winemaker made a sparkling debut on London’s junior exchange yesterday as part of its plan to double the size of its business in three years
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NewsFramptons targets UK oat milk sector after buyout by Profura
Framptons has set it sights on becoming the number one player in the UK oat milk category after a buyout by a Swedish investment firm secured the contract manufacturer’s future, its new boss has told The Grocer.
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Comment & OpinionProfits and purpose are more closely related than you think
Purpose-led business could generate a £149bn boost to the UK economy every year, says Pip Murray, founder & CEO at Pip & Nut
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NewsCity snapshot: DS Smith CEO to retire as box volumes fall amid ‘weak’ demand
Long-serving DS Smith CEO Miles Roberts is to stand down from his role as the box maker reported a drop in revenues and profits amid weak demand
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NewsEG Group sells UK KFC franchise to Yum Brands
EG Group has sold its 218 KFC franchise restaurants in the UK to KFC owner Yum Brands to continue to pay down debt
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NewsMedia Bites 7 December: BAT, CMA, EG Group, THG
News of BAT writing down the value of some of its US cigarette brands made headlines today, along with the latest blast from the CMA against land practices of Morrisons and M&S.
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NewsWholebake sells Deeside Cereals to Weetabix in turnaround attempt
Snack maker Wholebake has sold its own-label cereal business to Weetabix in a drive to simplify operations as part of a turnaround effort
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NewsPukka Herbs suffers mass redundancies as Lipton Teas integrates herbal brand
Pukka Herbs is in the final stages of being fully integrated into its private equity-owned parent company, Lipton Teas & Infusions
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NewsSainsbury’s to relocate London HQ
The retailer will move to a new office ‘a few hundred yards’ from its current HQ in Holborn
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NewsThe John Lewis Partnership hints at name of its new property rental business
The partnership has registered three separate trademarks related to property services