All Finance articles – Page 320
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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
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NewsSoft drinks brewery Fitch Brew Co secures £2.6m contract to export to the US
The healthy soft drinks startup’s annual turnover is expected to increase by 300% after securing the export deal
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NewsReport urges government support for ‘squeezed middle’ food businesses
Some companies face up to 50% of their customer base delaying payments or not paying outstanding invoices because of the crisis
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NewsMedia Bites 17 Jun: Greggs, Poundstretcher, John Lewis
Greggs to reopen 800 stores tomorrow, Poundstrecher could axe half of its estate in a rescue plan and John Lewis came under fire for a lack of diversity
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NewsDomino’s Pizza UK sales boosted by lockdown but bottom line suffers
Domino’s Pizza Group has reported a rise in first half sales, driven by “rapid” growth in its UK delivery business during the coronavirus lockdown period.
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NewsBabyfood startup Mia & Ben raises multimillion-pound investment
The London and Berlin-based business raised £2.5m from impact food investor Blue Horizon Ventures
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NewsSME owners relying on personal savings to keep businesses afloat
One in seven SME founders have had to use personal savings to provide “immediate financial support” to their business, depsite available government support
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NewsBuymie targets 15 cities as it secures €5.8m funding
The latest funding round takes Buymie’s total capital raised this year to over €8m