All Finance articles – Page 303
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NewsMedia Bites 30 Sep: Asda, Greggs, B&M
The investors hoping to gain control of Asda are being called on to guarantee the jobs of its 147,000 staff
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NewsSomething & Nothing smashes crowdfunding target as it plans alcoholic seltzer launch
Seltzer brand Something & Nothing has raised more than £500,000 to launch a premium alcoholic drinks range and accelerate its direct-to-consumer offering.
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NewsCity snapshot: Greggs to cut jobs as sales remain well below pre-coronavirus levels
Greggs has confirmed it will cut staff numbers as its level of custom will remain “below normal for the foreseeable future” as sales remain well down year-on-year. Plus, Hotel Chocolat falls to annual loss, B&M’s sales surge continues and all the rest of the latest news from the City.
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NewsMedia Bites 29 September: Asda, Aldi, Tesco, Reckitt Benckiser
The billionaire brothers behind EG Group have moved into pole position in the race to takeover Asda.
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NewsRejuvenation Water turns to crowd to fund coffee machine 'health pods' launch
Plant-based drinks brand Rejuvenation Water is seeking funding to launch a range of compostable ‘health pods’ for Nespresso-compatible coffee machines
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NewsEG Group owners take lead in £6.5bn race to buy Asda
The billionaire owners of forecourt operator EG Group have been tipped to be in pole position in the race to buy Asda
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NewsMeatless Farm Co raises $31m for global expansion
The plant-based brand has raised $31m (£24m) in a new funding round to support global growth plans
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NewsAldi plans 4,000 new jobs as it invests £1.3bn in new stores and upgrades
It has pledged to invest the money into new and upgraded stores, distribution centres and further innovations across its business
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NewsMedia Bites 28 September: Tesco, Asda, Pladis
Ken Murphy has a big repair job on his hands, says The Times
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![Diageo in article image 2[1]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/9/1/9/217919_diageoinarticleimage21_992451.jpg)
NewsCity snapshot: Diageo CEO hails resilient performance as recovery continues
Diageo has raised its outlook for the first half on the back of a good start to its new financial year, with the US business performing ahead of expectations.
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NewsWhole Foods Market sees losses increase
Amazon-owned Whole Foods Market lost a further £6.7m last year despite slimming down its estate to focus on more profitable London stores.
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NewsCity news: AG Barr shares flourish after showing Covid resilience
Shares in Irn-Bru maker AG Barr fizzed more than 15% higher to 430p on Tuesday after it assured investors of the strength of its balance sheet and floated the prospect of a resumption in dividend payments next year.
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NewsCity snapshot: LDC prepares Addo Food Group for £200m-plus sale
LDC is prepping chilled savoury pastries supplier Addo Food Group for a sale after more than three years of ownership, The Grocer has learned.
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NewsMedia Bites 25 September: Coronavirus, Morrisons, Pets at Home,
The government will cover almost a quarter of pay for workers in “viable” jobs for the next six months
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NewsNon-alcoholic spirits brand Lyre’s raises £9m in growth funds
The brand is available in more than 30 markets worldwide and is expanding into the RTD category in 2021
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NewsAddo Food Group’s PE owners ready £200m-plus sale
Addo could command a price tag of £200m-plus after strong growth under LDC’s ownership
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NewsHealthy eating tech startup Smash secures £1m funding
The app will offer 13 to 24-year-olds discounts on healthier food options at food-to-go retailers
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NewsMedia Bites 24 September: Uncle Ben’s, Tesco, Asda, Ocado
Uncle Ben’s is to change its name following criticism that its branding involved racial stereotyping
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NewsCity snapshot: Pets At Home upgrades profit expectations
Consumers flocked to its shops and veterinary operations over the summer
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NewsPZ Cussons profits dive but Carex is star performer in the UK
Carex drove growth in the first quarter and has increased UK market share to about 40%