All Finance articles – Page 162
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NewsMedia Bites 14 July: Aspartame, Haleon, Prime
A report by the World Health Organisation on aspartame makes headlines this morning, alongside widespread layoffs at Haleon.
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NewsCoca-Cola launches $138m sustainability fund to reduce carbon footprint
The Coca-Cola Company and its bottling partners around the world have closed a $138m (£105.6m) venture capital fund focusing on sustainability investments
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NewsCity Snapshot: Domino’s Pizza Group brings in new CEO
Domino’s Pizza Group has announced the the appointment of Andrew Rennie as its new CEO. Plus trading updates from Pepco and C&C Group
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NewsMedia Bites 13 July: Superdrug, Co-op, Molson Coors, JD Wetherspoon
In a quiet morning for fmcg news, the papers pick up on financial results at Superdrug and a potential frontrunner to take the chair at Co-op Group.
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NewsIceland boss ‘shocked’ at struggles of Irish stores buyer
Iceland Foods sold all of its stores in Ireland in February this year
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NewsSamworth poised to axe plant-based Revolution Kitchen business
Samworth Brothers is exploring the closure of its lossmaking plant-based Revolution Kitchen business, putting hundreds of jobs at risk
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NewsMedia Bites 12 July: Battery eggs, shoplifting, John Lewis
Battery eggs should not be sold in the UK as part of post-Brexit trade deals, animal welfare groups said
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NewsCity snapshot: Wincanton volumes hit in challenging market
Revenues have declined at logistics provider Wincanton as its grocery, consumer and general merchandise divisions recorded lower volumes amid the ongoing economic headwinds.
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NewsRTD cocktail brand Whitebox ready for UK and export growth thanks to crowd backing
RTD cocktail startup Whitebox has beaten a £450k crowdfunding target as it aims to ramp up NPD and grow distribution in the UK and overseas
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NewsJude’s forecasts more rapid growth as sales jump 38%
The sustainable ice cream brand significantly expanded distribution and boosted its offering with wide-ranging NPD, including a move into plant-based products
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NewsMedia Bites 11 July: Waitrose, Amazon, Ocado
Waitrose customers will have the option to order their produce from Uber Eats after the supermarket signed a multi-year deal with the online delivery company.
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NewsCity snapshot: Warm weather boosts June retail sales
The hottest June on record boosted UK retail sales last month, according to the BRC-KPMG Retail sales monitor, though sales growth continues to significantly lag inflation
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NewsPooch & Mutt snapped up by production partner Vafo
Petfood brand Pooch & Mutt has been taken over by long-term production partner and backer Vafo in ‘a multimillion-pound deal’
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NewsOatly ready for next phase of growth as it appoints new CFO
Oatly has appointed Marie-Jose David as chief financial officer, marking a complete change in the leadership team of the plant-based group
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NewsMedia Bites 10 July: M&S/Ocado, Iceland, Sainsbury’s
M&S looks to refresh its ailing Ocado deal, with an Ocado Retail “reset” under way
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NewsCity snapshot: Wilko in talks to secure turnaround investment
Struggling discounter Wilko is seeking fresh capital from turnaround investors as it continues to work on a restructuring agreement.
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NewsCity News: Tepid market reaction despite Sainsbury’s strong Q1 results
Sainsbury’s posted stronger than expected Q1 sales this week as grocery sales returned to volume growth, but the share price reaction was tepid due to fears of a slowdown
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NewsFuel10K sales soar as range expands
High-protein breakfast brand Fuel10K has posted huge growth to hit annual sales of £18.5m.
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NewsNaked Wines shares crash as it warns of revenues shortfall
Naked Wines shares crashed this week after a delay to its annual results, a warning on sales and the replacement of its chairman with founder Rowan Gormley
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NewsCity snapshot: Coca-Cola HBC upgrades earnings forecast on strong start to summer
European Coke bottler Coca-Cola HBC has hiked its 2023 earnings expectations after a stronger than anticipated close to the first half of the year