All Finance articles – Page 356
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NewsMedia Bites 15 Jan: Lakes Distillery, 2 Sisters, McBride
An English whisky distillery has raised new funding of £4.25m to finance ambitious plans to triple production capacity to 1.2m bottles a year.
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NewsGlobal food and drink M&A activity ‘broke records’ in 2019
The number of global food and drink transactions in 2019 totalled 789 deals, up by 12 on the year before
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NewsCranswick pens charcuterie deal with major Spanish pork producer
Costa Foods will provide the meat processor’s Continental Foods arm with Spanish charcuterie products
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News‘Overconfident’ Cook sees decline in profits despite sales increase
The frozen food retailer has suffered its first EBITDA decline in a decade
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NewsCity snapshot: McBride issues profits warning on UK weakness
Private label household goods manufacturer McBride has issued another profits warning on weaker than expected trading in the UK.
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NewsMedia Bites 14 Jan: UK economy, Asda, Greggs
The economy shrank unexpectedly in November as election uncertainty delivered a blow to output.
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NewsBay’s Kitchen secures six-figure investment to fund IBS-friendly range
The startup, producing stir-in sauces aimed at people suffering from irritable bowel syndrome (IBS), will use the funds to launch new products into its range
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NewsSpar wholesaler sees Christmas sales soar
“Customers are making more shopping trips to convenience stores and this has boosted our performance”
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NewsMen earning 6.5% more at Asda as pay gap declines
Asda said the pay gap was a reduction of 1.1% compared with 2018 and 10.8% lower than the national average
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NewsMidcounties Co-op reports 3% hike in Christmas food sales
The member-owned society saw its busiest ever Christmas Eve
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NewsCity snapshot: Retail footfall slumps over Christmas
Footfall across UK retail destinations fell 2.5% over the Christmas period, with Black Friday and Boxing Day sales events failing to drive customers to the UK’s shops.
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NewsMedia Bites 13 Jan: John Lewis, Just Eat, Asda
John Lewis could face pressure to sell off parts of its vast property estate following a downturn in its fortunes. Plus, Takeaway.com wins battle for Just Eat and Asda plans 2,800 job cuts.
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NewsChristmas trading: which listed supermarket won the golden quarter?
The City was preparing for the worst from this week’s raft of festive grocery trading updates, but supermarket shares largely held firm after a Christmas that left the big players bruised but not beaten
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NewsAutomation boosts profits at Riverford Organic Farmers
Vegetable box delivery service Riverford Organic Farmers has posted a surge in annual profits as investment in automation boosted margins.
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NewsSales and profits slump at Tyrrells as turnaround efforts continue
Tyrrells suffered a sharp drop in sales and profitability in the financial period that saw German snacks giant Intersnack snap up the crisps brand.
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NewsValeo Foods sales set to break the billion mark following acquisition spree
The company claimed it had hit the €1bn sales mark following the acquisition of Kettle and Matthew Walker
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NewsUK will keep ban on chlorinated chicken, promises Villiers
Theresa Villiers has promised chlorine-washed chicken and hormone-treated beef will not enter the UK as part of a US trade deal, in a seeming correction to an earlier statement made this week.
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NewsCity snapshot: Lidl outpaces rivals with festive sales up 11%
Lidl saw sales rise by a whopping 11% in the run up to Christmas, outpacing all other grocers - including Aldi
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NewsMedia Bites 9 Jan: Tesco, John Lewis, M&S
Tesco emerges as Christmas winner among retailers, John Lewis mulls axing its bonus after over 50 years as “golden girl” boss leaves and M&S Clothing Unit continues to struggle
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NewsVegan brand LoveRaw secures multimillion investment from Beyond Meat backers
The vegan buttercup maker has received a ‘seven-figure’ investment from Blue Horizon Ventures