All Finance articles – Page 168
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NewsCity snapshot: UK retail sales growth slows amid soaring inflation
UK retail sales growth slowed again in June continuing a three month downward trend as soaring inflation and falling real wages impact consumers stifles retail spending
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NewsMedia Bites 8 July: Sainsbury’s, Retail sales, UK wine
Sainsbury’s has seen off an attempt by a group of shareholders to force it to commit to paying the so-called real living wage to all staff
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NewsSainsbury’s shareholders reject Living Wage resolution
More than 100,000 people signed a petition requesting Sainsbury’s become a Living Wage accredited employer
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NewsCity snapshot: Jubilee boosts June footfall but cost of living crisis hits shopper activity
Footfall strengthened for the third consecutive month in June, according to Springboard, but the figures were boosted by the Jubilee and underlying trends point the impact of inflation on shopper behaviour.
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NewsVeg Capital team launches new £30m impact fund for plant-based start-ups
Sentient Ventures will focus on early growth-stage companies developing the best plant-and fermentation-based products, ingredients and technologies to replace animal products.
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NewsMedia Bites 7 July: GlaxoSmithKline, Amazon, Unilever
The papers pick up the vote by GlaxoSmithKline shareholders to approve the separation of its consumer healthcare business, alongside a host of different Amazon stories.
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NewsBleiker’s Smokehouse brand saved by US fish company Seriously
The company is currently carrying out maintance so production can restart in a few weeks’ time
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NewsJollyes continues acquisition spree as it aims for £100m turnover
Nationwide pet store retailer Jollyes has bolstered ambitions to reach sales of £100m with the acquisition of Penparc Pet Centres.
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NewsMedia Bites 6 July: Tesco/Mars, Sainsbury’s, M&S
Mars Petcare, the owner of the pet food brands Whiskas, Pedigree and Cesar, has halted supplies to Tesco in the latest dispute over price rises
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NewsCity snapshot: Just Eat Takeaway partners with Amazon in the US to boost ailing Grubhub service
The commercial agreement, which starts today, gives Amazon a 2% stake in Grubhub and follows pressure from investors to find a partner for the struggling US service.
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NewsCity snapshot: Sainsbury’s sales slide amid ‘intensifying pressure’ on household budgets
Sainsbury’s sales fell back in its first quarter as both grocery and general merchandise sales fell as it warned of “intensifying pressure” on household budgets. Plus, new CFO for B&M and trading updates from Chapel Down and Surpreme.
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NewsMedia Bites 5 July: Kellogg’s, Pret a Manger, BrewDog
News of Kellogg’s defeat in the High Court over new UK government HFSS regulations garners plenty of coverage today, along with the latest financial results from Pret.
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NewsBowl Grabber secures six-figure funding to disrupt wine category
The start-up offers wine across multiple formats – bottles, cans and bag-in-box – and has grown sales to £500k in its first year, with retail listings at Ocado and Amazon.
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NewsMedia Bites 4 July: Boparan/Slim Chickens, Sainsbury’s, Pubs
Ranjit Boparan will today open four restaurants under the Slim Chickens brand and plans to be operating 350 restaurants in Britain under the US brand in the next few years
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NewsCity snapshot: Pret a Manger back in the black as sales recovery continues
Pret a Manger has returned to profitability thanks to a strong recovery in revenues as the food-to-go sector continued its revival following the end of Covid restrictions.
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NewsCity News: B&M shares fail to be boosted by solid first quarter
B&M European Value Retail shares failed to receive much of a boost despite better-than-expected first-quarter sales, as fears persisted over the impact of inflation on its customer base
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Analysis & FeaturesWhy is Kellogg’s splitting in three and will it work?
Kellogg’s announced a shock split of its business last week, spinning out North American cereals to focus on its higher-growth snacking brands
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NewsHappy Egg Co owner Noble Foods reports £30m loss as egg sales ‘soften’
Results posted at Companies House for Noble’s main shell egg business revealed year-on-year turnover dropped by 9.5% to £282.7m
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NewsCity snapshot: European fmcg prices jump 6.9% amid soaring inflation
Fast moving consumer goods prices have increased 6.9% year-on-year across Europe, with fmcg inflation in the UK even higher at 7.5%
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NewsMedia Bites 1 July: inflation, Tesco/Heinz, Unilever, Boots
The coffee maker Lavazza has said it is in talks with retailers about how to manage its soaring costs as almost a third of UK businesses warn they expect to increase the price of goods or services they sell next month.