All Finance articles – Page 167
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NewsTree of Life owner in talks with banks to secure future
The group behind health food distributor Tree of Life is in talks with lenders to secure its future as it battles supply chain issues and rampant inflation, The Grocer has learned.
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NewsNaked Sprout exceeds crowdfunding target to reinvent sustainable tissue category
Eco tissue products challenger Naked Sprout has raised more than twice its targeted goal in a crowdfunding campaign as it seeks to shake up the category and take on sustainable rival Cheeky Panda.
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NewsCity snapshot: SSP Group sales continue to rebound on travel sector recovery
Travel retail player SSP Group has continued to rebuild revenues after Covid, with third quarter sales back up to 87% of pre-pandemic levels. Plus trading updates from McBride and Poundland owner Pepco Group.
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NewsMeat snacks player New World Foods sales jump on protein snacking growth
Kings, Wild West and Cruga owner New World Foods has posted a double digit jump in sales and profits in the run-up to its acquisition by Valeo Food Group last year.
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NewsMedia Bites 14 July: Wetherspoons, Tesco, inflation
A trading update from pub operator JD Wetherspoon is the main retail news in the papers this morning.
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NewsLove Ocean returns to the crowd for further growth funding
The refillable toiletries brand is currently overfunding on Crowdcube
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NewsValeo Foods eyes more deals as it brings in global head of M&A
Deal hungry ambient food group Valeo Foods has signalled its intent to continue a global acquisition spree with the appointment of a head of M&A
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NewsMedia Bites 13 July: PepsiCo, JAB Holdings, Diageo
PepsiCo predicted inflation would stay elevated for the rest of the year, and said it remained open to raising prices further
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NewsCity Snapshot: JD Wetherspoon calls for tax equality with ‘far more profitable’ supermarkets
JD Wetherspoon has called for tax equality between pubs and supermarkets as the group reported its losses for the year would be larger than expected. Plus, spirits group Distil issues a trading update and KKR’s acquisition of drinks bottler Refresco completes.
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NewsCity snapshot: Retail sales fall by levels ‘not seen since the pandemic’
UK retail sales volumes fell back in June at a rate not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending.
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NewsMedia Bites 12 July: Consumer spending, retail sales, Superdrug
Shoppers are cutting spending on food because of the cost-of-living crisis – but are still splashing out more than before the pandemic on their hobbies and gardens, according to official spending statistics from the Office for National Statistics.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsSpiceBox to push further in retail with backing from Veg Capital
The business started life as a street food stall in 2016 before opening two curry houses in north London and expanding into retail products during the pandemic in 2020.
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NewsMedia Bites 11 July: Heinz/Tesco, Naked Wines, Inflation
Tesco and Heinz have reached a revised supply agreement after a high-profile pricing dispute
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NewsCity snapshot: Record palm oil prices boost Dekel Agri-Vision
Dekel Agri-Vision has been boosted by record high prices for palm oil despite falling volumes at its operations in the Ivory Coast.
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Analysis & FeaturesTired old Boots needs a beauty makeover after Walgreens cancels sale. But how?
Walgreens Boots Alliance has given up trying to sell the UK pharmacy. So what’s the future for Boots and its many ‘tired high street shops’?
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NewsCity News: Sainsbury’s boosted Q1 sales not enough to offset inflation fears
Sainsbury’s tumbling share price received some respite this week after it posted better-than-expected first-quarter sales figures – but fears over the impact of the cost of living crisis continue to weigh on the stock
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NewsWarburtons sales juggernaut rolls on but profits hit by increasing costs
UK bakery giant Warburtons held on to sales gains from the pandemic spike last year, but profit margins were hit by mounting costs
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NewsHaribo boosted by rebound in impulse
Haribo grew domestic UK sales last year despite “challenging” conditions for the category, with double-digit growth in early 2022 as impulse sales have rebounded
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NewsTyphoo losses mount but “transformation is underway”, says new boss
New accounts at Companies House revealed “extremely challenging” trading in the 18 months to 30 September 2021.