All Finance articles – Page 291
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Comment & OpinionWho will win and lose as a result of Tesco’s new price war?
There is no shielding the supply chain from the economic impact of the crisis
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NewsNisa recruits 242 new stores in first half of 2020
The 242 additional stores include 37 sites secured with forecourt retailer Ascona Group in May
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NewsOne-metre social distancing and pubs & restaurants to open: industry reacts
Hairdressers, hotels, campsites, outdoor gyms, theme parks and libraries are also allowed to reopen from 4 July
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NewsCity snapshot: Grocery sales boosted by online and convenience
British take-home grocery sales surged by 18.9% over the past four weeks as shopper habits remained “a world away” from usual expectations
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NewsMedia Bites 23 June: Sunday Trading, hospitality, ‘health halo’
Boris Johnson abandons plans to relax Sunday trading rules after facing a potential backbench rebellion, the hospitality sector lashes out at the latest “bonkers” reopening proposal and “health halo” products such as ginger and turmeric see a boost
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NewsWooHa Brewing Company embarks on £1.5m rebrand following crowdfunding campaign
The Scottish craft brewery will add five new beers to its core range and aims to expand production by 17 times over the next three years
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NewsUK retail footfall sees soft rebound in first week of reopening
New data from the BRC-Shoppertrack footfall monitor covering the week to June 21 showed footfall was down 57.2% year on year
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NewsSlim Wine turns to the crowd to fund growth push
The business launched a crowdfunding campaign on Seedrs earlier this month, looking to raise £200k in exchange of a 3.2% stake
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NewsMedia Bites 22 June: rent payments, retail sales, social distancing
Landlords are bracing to receive just 10% of quarterly rent payments due this Wednesday, retail sales recover in May but are still down on pre-Covide levels and Boris Johnson set to reduce two metre social distancing rule this week
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NewsCity snapshot: Tesco faces shareholder revolt over pay
Tesco is likely to face shareholder revolt at its AGM of Friday over CEO Dave Lewis’ £6.4m pay package
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NewsWincanton extends Morrisons logistics partnership with ‘significant’ new deal
The “substantial” contract extension involves the TUPE transfer of more than 250 colleagues to Wincanton from DH
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NewsAsda and Rowan Foods factories become latest hit by coronavirus outbreaks
Rowan Foods, Wrexham, said 38 staff had tested positive for Covid-19, out of a total workforce at the site of 1,500
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InterviewsHow Beyond Meat is taking on the world – and why Europe is next
The fast-growing California company is upping its ambitions in Europe with new facilities. Chief growth officer Chuck Muth sets out its plans for domination
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NewsCity snapshot: Retail sales partly rebound in May
UK retail sales have partly rebounded in May, rising 12% compared to the record decline experienced the prior month
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NewsMedia Bites 19 Jun: Tesco, 2 Sisters, Hop industry
Tesco sells its Polish business for £181m, 2 Sisters Welsh factory shuts due to coronavirus outbreak among staff and the hop industry risks collapsing as brewers refuse to commit
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NewsExponent launches Vibrant Foods to consolidate Asian and healthy brands
Private equity player Exponent has created a new venture to consolidate brands in the Asian and free-from markets.
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NewsCity snapshot: Tesco sells Polish business for £181m
Tesco has agreed to sell 301 Pilosh stores to Danish company Salling Group A/S for an enterprise value of £181m
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NewsMedia Bites 18 June: Card fees, UK inflation, UK/EU trade
Supermarkets are in line for a cash injection worth “billions” after winning a long-running legal battle against MasterCard and Visa over swipe fees.
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NewsHolland & Barrett slumps to multimillion loss ahead of coronavirus healthy eating boost
The business reported strong levels of trading during the coronavirus pandemic after slumping to a £25m loss the prior financial year
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NewsFine foods wholesaler Hider Foods secures £5m funding
The company will use the money to pursue its ambitious growth plans