All Finance articles – Page 272
-
NewsMcDonald’s global profits tumble amid lockdown hit
Profits have tumbled more than 50% at McDonald’s in the second quarter as the peak of lockdown measures took a toll on the fast-food chain.
-
NewsNational Food Strategy report calls for junk food taxes and more free school meals
The first part of the strategy was launched today by Leon co-founder Henry Dimbleby
-
Comment & OpinionAmazon’s Prime grocery delivery will put the squeeze on online grocers
Grocers already struggling to make online profitable won’t be helped by Amazon’s free Prime offer
-
NewsGreggs targets supermarket concessions for growth post-Covid
Greggs has now reopened the vast majority of sites, including four concessions in Asda superstores
-
NewsWalgreen Boots Alliance CEO Stefano Pessina to step down
Pessina will become executive chairman once a successor is found
-
NewsCity snapshot: Reckitt brands clean up amid coronavirus demand spike
Sales and profits have soared at Reckitt Benckiser in the first half as hygiene-conscious consumers flocked to buy its disinfectant brands during the Covid-19 outbreak. Plus, on a busy morning trading updates from Greencore, AG Barr, Greggs and B&M and all the rest of the latest news from the City.
-
NewsMedia Bites 28 July: Amazon, Walgreens Boots, Online sales tax
Amazon is to offer free grocery delivery to millions of customers in a massive expansion of the company’s Fresh food network, throwing down the gauntlet to traditional supermarkets
-
NewsBidfood parent back in profit ahead of Covid-19 outbreak
Bidfood parent company BFS Group has bounced back into the black in its latest financial year, positioning the foodservice wholesaler in a stronger position ahead of the coronavirus outbreak.
-
NewsFood and drink deals decline but activity still ‘surprisingly high’
UK food and drink dealmaking slumped in the second quarter, but the sector continued to see a “surprisingly high” level of activity given the economic disruption caused by the lockdown.
-
Comment & OpinionBoris Johnson’s obesity strategy is bold – but there is still much to be answered
It was a refreshing surprise to see the government actually set out bold plans for obesity
-
NewsSupermarkets under pressure to drop JBS following Amazon deforestation allegations
JBS has been linked to a Brazilian beef farm with land allegedly under embargo for rainforest destruction
-
Analysis & FeaturesIndustry reacts as Boris Johnson announces new obesity crackdown
The new obesity strategy includes plans for a ban on HFSS food promotions in prominent locations in stores
-
NewsUnilever sales resilience shows ‘true strength’ says Alan Jope
The first half showed “the true strength of Unilever” according to its CEO Alan Jope, as a surge in eating at home propelled the consumer giant above market expectations.
-
NewsCity snapshot: Supermarket Income REIT buys £61m Tesco store
Grocery property investor Supermarket Income REIT has bought a £61m Tesco superstore and agreed a new £60m lending facility to support future acqusitions.
-
NewsMedia Bites 27 July: Anti-obesity measures, UK economy, Walmart/Asda
Food manufacturers have attacked Boris Johnson’s proposed anti-obesity measures, arguing a key plank of reforms set to be unveiled next week will prove expensive, ineffective and stifle innovation.
-
NewsArgent Foods profits hit by poor weather and operational issues
The London-based food group saw group EBITDA fall by 22%, from £16.3m to £12.7m for the 12 months to 31 December 2019
-
NewsAldi and Tesco set for another scrap over Price Match campaign
The Grocer understands tensions are running high between the retailers after Tesco launched a heavyweight marketing campaign in support of its Aldi Price Match strategy
-
NewsRetail sales bounce back to pre-lockdown levels
UK retail sales grew 13.9% in June compared to the previous month, with sales now back up to pre-lockdown levels driven by strong food sales growth.
-
NewsMedia Bites 24 July: Unilever, Junk food ads, Face masks
Unilever has become the most valuable company on the FTSE 100 after a better than expected trading update sent shares in the Anglo-Dutch consumer goods group soaring.
-
NewsConvenience sales growth leads to spike in property market activity
Christie & Co said buyers were returning to the market and actively seeking out business opportunities