All Finance articles – Page 321
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NewsBrighton-based sustainable supermarket Hisbe offers £450k bond to fund second site
Hisbe is looking to raise £450k to fund the opening of a second ‘ethical supermarket’ in Worthing
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NewsPots & Co raises more than £500k following Lloyds loan
The London-based pudding business issued 8,293 shares at £67.35 each, but refused to comment on future plans
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NewsSainsbury’s offers cheaper products in Nectar Prices promotion
The discount has been rolled out to lines of own brand fresh fruit & vegetables, selected Taste the Difference meals and a wide range of branded items
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NewsCity snapshot: Heineken CEO to step down as it posts 5.6% annual sales growth
Heineken has announced its CEO is to step down as it posted a year of solid revenue growth as sales volumes and prices both rose. Plus, Ahold Delhaize earnings rise on sales growth and all the rest of the latest news from the City.
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NewsMedia Bites 12 Feb: Ocado, Heineken, M&S
Ocado more than quadrupled its losses last year, but its stunning share price performance triggered an £87m payday for senior directors
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NewsFitch Brew looks for strategic investors in £250k funding push
The York-based startup is seeking to raise cash from strategic investors to fund NPD and exports
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Comment & OpinionCoronavirus threatens to make a bumpy Brexit even worse
Eleven months isn’t much time for food and drink businesses to prepare for customs and border checks
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NewsVitamin drinks brand Tonic Health kicks off £400k fundraising push
The startup is looking to secure the cash in a blend between an institutional raise and crowdfunding to scale up UK operations and launch in the US
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NewsOcado results reveal legal fees of £1.3m and M&S range growth plans
The total cost of the litigation action is likely to increase as the court battle rolls on, with Faiman denying allegations and counter-suing the company
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NewsAldi and Lidl swipe millions in sales from Asda, Tesco, Sainsbury’s and Morrisons
Tesco’s losses, which represent the fall in sales arising directly from a gain for the discounters, are the largest by any retailer over all time periods
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NewsACS calls for government action on business rates and shoplifting ahead of budget
The Association of Convenience Stores has pressed for changes to policies on business rates, crime and employment costs
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NewsMedia Bites 11 Feb: Brexit trade; Chinese prices, Harry’s/Edgewell
The Government confirms the end of frictionless trade with the EU post Brexit, Chinese prices spike on the Coronavirus outbreak and John Lewis will start selling make-up for men
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NewsCity snapshot: Ocado slumps to £215m loss as Andover fire hits profits
Ocadoreports strong results despite the impact of a fire at its Andover CFC last year, M&S snaps up Greencore CFO and Cranswick buys leading UK pig farm
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NewsAllplants smashes £2m crowdfunding target in 48 hours
The crowdfunding campaign will kick off a bigger institutional raise planned before the end of 2020
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NewsWater kefir producer Agua de Madre turns to the crowd to scale up
Craft-brewed fermented water kefir producer Agua de Madre has turned to the crowd as it aims to take on the low & no UK drinks market
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NewsCity snapshot: UK snacking acquisitions boost growth for Lotus Bakeries
Bear, Nakd and Kiddylicious owner Lotus Bakeries grew its annual revenues and profits last year, boosted by the international rollout of its Biscoff brand and the strong performance of natural snacking.
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NewsMedia Bites 10 Feb: WH Smith, Ocado, Waitrose
WH Smith is demanding to be allowed to delay its rent payments as some of the high street’s stronger retailers capitalise on landlords’ woes.
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NewsArmitage Pet Care sales surge past £55m
Fast growing producer of Good Boy dog treats Armitage Pet Care saw annual sales surge past £55m, though profits fell as it invested in growth.
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NewsVegan restaurant The Vurger Co secures seven-figure funding to launch retail range
The vegan burger restaurant chain will use the funding to open more sites and launch its plant-based burger range into retail in April
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NewsImperial Brands greets new CEO with profits warning
Stefan Bomhard has work ahead as Imperial grapples with its attempts to shift towards tobacco alternatives…