All Finance articles – Page 238
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NewsCity snapshot: McBride widens loss forecast on input costs spike
Private label household goods manufacturer McBride has downgraded earnings expectations due to ’very significant’ inflationary pressures outpacing its price increases. Plus, Domino’s Pizza Group strikes new franchisee agreement and M&S agrees new green funding package.
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NewsMedia Bites 16 December: Omicron, beef, M&S
Business leaders have called on the government to move quickly to restore confidence amid the rapid spread of Omicron and fears that a large number of workers will call in sick, creating further disruption to supply chains.
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NewsJBS pivots to parma ham and prosciutto after snapping up Italian producer
The Moy Park and Pilgrim’s Pride owner’s latest acquisitions give it a foothold in high-end pork
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NewsMedia Bites 15 Dec: Ocado, Tesco, Inflation
Shares in Ocado rose after a legal victory in the US over patents for its robots, but poor sales took the sparkle off
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NewsCity Snapshot: Inflation soars to ten-year high as food and petrol prices climb higher
Inflation has continued to surge higher in November as record fuel prices, soaring energy costs and increased food prices ramped up the cost of living for families ahead of Christmas.
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NewsBlack Bee Honey generates buzz as crowdfunding campaign more than doubles target
Black Bee Honey has more than doubled a crowdfunding target as it seeks to expand and support newly won retail listings.
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NewsCity snapshot: Ocado sales dented by labour shortage
Ocado sales fell back 4% in its fourth quarter as labour shortages, temporary capacity contrants and the normalisation of consumer shopping behaviour dented the online supermarket’s growth. Plus, store growth boosts Pepco’s profits and grocery sales fall back in November.
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NewsMedia Bites 14 December: Fuel prices, supply chain, Omicron, Ocado
A senior Tesco executive reportedly told City analysts that retailers are making better profit margins on fuel sales after Asda’s takeover by the Issa brothers.
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NewsHolland & Barrett branches out to in-home beauty treatments with Blow takeover
Holland & Barrett has expanded into on-demand at-home beauty services thanks to its acquisition of Blow
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NewsAlcohol-free beer startup Days secures £1m investment to fund expansion
An ‘increased focus on health and wellness’ among consumers was set to transform the alcohol-free beer space, said Days
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Comment & OpinionFinancial solutions for the transition to a more climate-friendly food industry
Food businesses are starting to rethink their global operations, says Paul Doheny, Rabobank’s head of corporate clients and lending
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NewsCity Snapshot: Boots explores sale of Aromatherapy Associates
Boots is set to sound out potential buyers for Aromatherapy Associates, according to reports. Plus, CBD brand Love Hemp reports boost in annual revenues.
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NewsMedia Bites 13 Dec: M&S/Ocado, Boots, Plan B/Omicron
Whether M&S should buy Ocado, the sale of Boots and the effects of new governmnet Covid restrictions are all in the news
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NewsCity News: Investors stick with SSP Group despite Omicron wobble
The Omicron Covid variant may have wobbled travel food retailer SSP Group’s ongoing recovery, but investors remained unshaken this week by a second £400m loss and the threat of further travel disruption
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NewsMoma eyes massive hike in sales following AG Barr takeover
Founder and CEO Tom Mercer set out ambitions to “at least” triple revenues for the business in the next three years
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NewsSupermarkets ‘harder than ever’ to deal with report challenger brands
Buyers are increasingly shutting down conversations with smaller suppliers about passing on soaring costs
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NewsRetailers warned over soaring supplier cost hikes
Ged Futter of The Retail Mind said prices in supermarkets are set to take off after Christmas
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NewsStraight & Narrow raises £180k to launch 0% range ahead of Dry January
The business, which attracted 120 investors on the Seedrs platform, will first bring six 70cl drinks to market, priced at £15 a bottle, with a further seven to follow.
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NewsKarmacist secures £700k to bring world’s first nutrigenomics wellness supplement to market
Supplements producer Karmacist has raised £700,000 in a pre-seed round backed by former John Lewis Partnership chairman Charlie Mayfield.
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Analysis & FeaturesWhy McColl’s is banking on its Morrisons Daily strategy
It’s had a tough year, but CEO Jonathan Miller remains confident