All Finance articles – Page 251
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NewsConvenience stores to be ‘hard hit’ by business rates revaluation in 2023
The Valuation Office Agency adjusts the rateable value of business properties to reflect changes in the property market
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NewsSainsbury’s and Asda set to take at-risk EVCL Chill logistics operation in-house
The logistics provider is rumoured to be on the brink of entering administration
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NewsCity Snapshot: General Mills offers upbeat outlook after beating Q1 expectations
General Mills has posted sales and profits ahead of expectations in its first quarter as the US food group continues to reshape its portfolio. Plus, a trading update from Reckitt Benckiser and full-year results from Supermarket Income REIT.
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NewsMedia Bites 23 September: CO2, panic-buying, John Lewis
The fallout from the CO2 shortage continues to remain a hot topic for the papers this morning.
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NewsThe Cheeky Panda strengthens board ahead of IPO as Giles Brook invests in eco hygiene brand
The eco-hygiene brand has recruited serial entrepreneur and investor Giles Brook to strengthen its board ahead of an earmarked blockbuster IPO
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NewsCity Snapshot: PZ Cussons swings to a loss as turnaround effort makes progress
Personal care group PZ Cussons has swung into the red as it put a turnaround plan into action, with CEO Jonathan Myers hailing the initial progress but recognising there was “much more to do”. Plus, full-year results from Eagle Eye.
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NewsMedia Bites 22 September: CO2, Pret, Pernod Ricard
The CO2 crisis remains front-page news as the government strikes a deal to restart production.
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NewsPret a Manger unveils ambitious growth plans after losses spiral to more than £250m
The Covid pandemic wiped more than £400m from Pret’s sales in 2020
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Comment & OpinionSupermarkets hit accelerate on driverless delivery, but it’s a long road
There’s a long way to go, but serious investments from UK retailers will speed up the tech’s development
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NewsPernod Ricard expands in e-commerce with The Whisky Exchange acquisition
The London-headquartered business sells a catalogue of about 10,000 products online and in its three stores in London
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NewsCity Snapshot: C-stores boosted by return of pre-Covid shopping habits
A gradual shift to pre-pandemic shopping behaviour has delivered a boost to the UK’s convenience store market, according to the latest monthly data from NielsenIQ. Plus, a fourth quarter trading update from Compass Group, and full-year results from Real Good Food.
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NewsMedia Bites 21 September: CO2, Aldi, Philip Morris
The crisis in the food and drink industry caused by the CO2 shortage continues to make headlines in the papers this morning.
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NewsCity Snapshot: Finsbury Food Group shows signs of recovery from Covid
Bakery group Finsbury Food has boosted sales and profits as it adapted to the ongoing coronavirus pandemic and saw lost foodservice business begin to recover. Plus, Supermarket Income REIT has added six more supermarkets to its portfolio, and Ultimate Products has signed a license brand endorsement with Weight Watchers.
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NewsMedia Bites 20 September: CO2, Sainsbury’s, Morrisons, Unilever, M&S
The ongoing CO2 crisis makes the headlines in this weekend’s papers.
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NewsCity News: Ocado Retail suffers impact of Erith fire as growth takes hit
The joint venture between Ocado and M&S saw a 10.6% drop in third-quarter revenues from £578.8m back to £517.5m
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NewsReusable nappy Bambino Mio lands £13m in new investment
Reusable nappy brand Bambino Mio has netted a £13m investment from BGF to boost growth in the UK and beyond
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NewsWarp Snacks reports ‘exceptional’ start to trading
Sales of Warp Snacks, the company created after Exponent’s acquisition of Proper Snacks, are up almost 30% this year.
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Analysis & FeaturesThe contenders to buy EG Group if the Issas sell to focus on Asda
Reports suggest the brothers are exploring a £10bn-plus sale. EG Group has long been seen as an IPO contender, but a sale jars with the synergies attained via the Issa brothers’ purchase of Asda this year
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NewsCity snapshot: Retail sales continue to slide in August
Retail sales were down once more in August as the return of the hospitality industry hit food sales
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NewsMedia Bites 17 Sep: John Lewis, Philip Morris, The Co-op
The owner of John Lewis and Waitrose slashed losses to £29m in the first half of its financial year, but warned it faced “significant uncertainty” about trading over Christmas