All Finance articles – Page 301
-
Comment & OpinionAmazon-Deliveroo risks clearing the way for a feeding frenzy of failing firms
The CMA is allowing Amazon’s investment in Deliveroo to keep the food courier firm afloat – but it could set a dangerous precedent
-
NewsCity snapshot: Hotel Chocolat suffers trading hit from Easter closures
Hotel Chocolat has suffered a “material” impact on trading after being forced to close all retail stores ahead of Easter, the second largest seasonal peak for the business.
-
NewsMedia Bites 4 May: Business confidence, Government aid, McDonald’s
Business leaders have suffered a record drop in confidence during the pandemic and fear the economic recovery will be slow.
-
NewsMindful Chef seeks £25m in fundraise as sales soar
Mindful Chef is seeking £25m in a new fundraising round as private equity investors, blue-chip conglomerates and retailers clamour to own a piece of the fast-growing farm-to-fork recipe box brand.
-
NewsSainsbury’s not yet ‘in the money’ despite coronavirus sales uplift
Mike Coupe’s final results as Sainsbury’s boss firmly dispelled any notion the supermarket is finally “in the money” as a result of the coronavirus-induced grocery sales surge.
-
NewsVegan ice cream brand Perfect World turns to the crowd to fund expansion
The startup hit Seedrs this week looking to raise a minimum of £75k
-
NewsDelistings have hit a third of suppliers since crisis hit UK
Asked if any retailer had behaved in a way contrary to GSCOP in the past five weeks, 31% of the 40 suppliers to respond said yes
-
NewsCity snapshot: Mindful Chef launches £25m fundraising round
Mindful Chef is seeking £25m in a new fundraising round as private equity investors, blue-chip conglomerates and retailers clamour to own a piece of the fast-growing recipe box brand
-
NewsMedia Bites 1 May: Sainsbury’s, Amazon, Reckitt Benckiser
Sainsbury’s boss Mike Coupe has warned that long queues could be here to stay for months as the grocer said it expects profits to take a £500m hit from coronavirus.
-
NewsEast London Liquor Co buys RTD startup Longflint Drinks
Longflint co-founder James Law has joined the board of East London Liquor Co with the deal
-
NewsPosh crisps maker Kettle slashes losses ahead of sale to Valeo
Premium crisps manufacturer Kettle Foods has cut its losses by over 85% in the year ahead of its sale to Irish food giant Valeo
-
NewsFormer Genesis Crafty boss McErlain opens £1m Bertie’s Bakery
The 15,000 sq ft site in Creagh will produce 12 ranges of freshly baked goods…
-
Comment & OpinionBy tying landlords’ hands, the government has stored up a crisis for retail
The government should look closely at a ‘furloughed space grant scheme’
-
NewsSupermarkets hike egg prices amid shortages and soaring demand
Volume sales were up almost 18% earlier this month, while supplies have also been affected by an avian flu outbreak
-
NewsSainsbury’s optimistic profits will hold despite £500m coronavirus hit
CEO Mike Coupe has presented a positive forecast for the 2020/21 financial year
-
NewsDeliveroo to make over 300 roles redundant
The cuts are being made across the 13 markets Deliveroo operates in
-
NewsMedia Bites 30 April: John Lewis/Waitrose, Sainsbury’s, UK retailers
Sharon White takes U-tunr on predecessor plan,Sainsbury’s warn queues could remain until Septmeber and retailer struggle to access government cash
-
NewsCity snapshot: Sainsbury’s defers dividend amid £500m coronavirus hit
Sainsbury’s has deferred its final dividend amid the “significant impact” of the coronavirus outbreak on its business, which it expects to generate £500m of extra costs. Plus, on a busy morning, updates from Reckitt Benckiser, Carlsberg, M&S, C&C Group and British American Tobacco.
-
NewsExeter-based wholesaler J&R Food Service turns DTC after securing government loan
The cash was used to diversify the business into supplying food and essential items to households across the south west
-
Comment & OpinionSharon White is right to move fast with a Waitrose boss. But has she got the right one?
James Bailey will need to expand his skill set – quickly – to get to grips with leading a supermarket