All Finance articles – Page 202
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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.
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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