All Finance articles – Page 23
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News
Supreme acquires sports nutrition supplier FoodIQ UK from administration
Listed consumer goods group Supreme has acquired plant-based supplier FoodIQ UK from administration for £175k to broaden its portfolio
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News
City snapshot: UK retail footfall weakens in damp December
Wet weather and the cost of living crisis combined to drive a sharp reduction in UK retail footfall over the Christmas period. Plus Asda to price match the discounters and Supreme buys FoodIQ UK from administration
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News
Media Bites 5 January: PepsiCo/Carrefour, Boots, UK farming
French food retailer Carrefour has said it will no longer sell PepsiCo products because they have become too expensive
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Promotional Feature
How to elevate your checkout experience
In an era where self-checkout is the retail norm, discover the keys to meeting shopper needs and creating a frictionless retail experience.
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News
SugaRich acquires Sweetdreams to expand into confectionery
Food reprocessor SugaRich has announced the acquisition of Choc Nibbles manufacturer Sweetdreams to expand its offering into confectionery manufacturing
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News
Premium spirit sales forecast to come under pressure in 2024
Consumers are likely to trade down into cheaper alcohol in 2024 to add further pressure to premium drinks brands, according to Bloomberg Intelligence
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News
Red sea shipping attacks will lead to ‘inevitable’ food inflation
The crisis in the key shipping route lining the Mediterranean via the Suez Canal has sparked military and political action by the US and other governments
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News
Artisanal Spirits Company looks stateside with Single Cask Nation acquisition
The company said the move would allow it to take advantage of the ‘sizeable and growing’ US whiskey market
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Analysis and Features
How grocery stock market players coped with 2023’s uncertainty
Fmcg players are used to volatility and uncertainty, driven by a plethora of global crises in recent years.
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News
City snapshot: Next sees bumper Christmas sales to kick off the festive reporting season
Next has kicked off the Christmas reporting season by upgrading its profit guidance after full-price sales had been “better than anticipated” during the festive period
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News
Media Bites 4 January: Christmas grocery spend, retail crime, UK economy
Supermarket inflation fell at its fastest monthly rate on record in December as household spending on groceries rose to a new high
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News
Media Bites 3 January: Aldi/Lidl, M&S, Tesco
Aldi and Lidl, the discount supermarkets, have enjoyed record Christmas trading amid the cost of living crisis, with Friday December 22 was the busiest trading day ever for both discounters
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News
City snapshot: ‘Whopper’ Christmas for supermarkets as Brits spend a record £13.7bn over the festive period
Supermarkets enjoyed the busiest Christmas since before the pandemic as a record £13.7bn passed through their tills over the crucial December trading period, according to data released this morning
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News
Asda in double raid on Morrisons as it appoints its first chief digital officer
Morrisons chief information officer Matt Kelleher will join the Issa brothers-run supermarket in July
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News
Purity Brewing Co sold to private equity firm Breal Group
The private equity firm has added another ailing craft brewer to its roster
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News
Danone offloads US premium organic dairy business to Platinum Equity
Danone has agreed to sell its premium organic dairy business in the US to investment firm Platinum Equity for an undisclosed sum
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News
IBC Simply acquires March Foods to form Delightful group
The foodservice supplier has snapped up March Foods to boost its food and drink manufacturing and co-packing capabilities
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City snapshot: Record-breaking Christmas for discounters Aldi and Lidl
Discounters Aldi and Lidl have both boasted of a record-breaking Christmas as hard-pressed shoppers looked to save money over the festive period. Plus, the BRC reports on retail inflation figures for December.
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News
Media Bites 2 January: Inflation, Princes, Unilever, M&S
Shop prices continued to rise at 4.3% in December as a price rise on non-food items offset easing costs on food.
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News
City snapshot: General Mills lowers expectations and warns of slower volume recovery
US consumer packaged goods giant General Mills has downgraded expectations for 2024 as steep price hikes depressed shopper demand.