All Finance articles – Page 356
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NewsMedia Bites 7 Aug: FDF/Brexit, Diageo, AB InBev
The Food and Drink Federation has asked the government to waive aspects of competition law to enable businesses to co-ordinate and direct supplies with each other in the case of a no-deal Brexit scenario
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NewsHarvey Nichols bakery supplier expects £8k hit after Whaley Bridge dam evacuation
Derbyshire-based wholesale bakery Buxton Pudding Co was forced to halt production and abandon its premises after the partial collapse of the local dam
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NewsBRC-KPMG lament retail malaise
Like-for-like sales of food fell 1% in the three months to July, according to the latest data from the British Retail Consortium and KPMG.
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NewsMedia Bites 6 August: Tesco, M&S/Ocado, Takeaway.com/Just Eat
Usdaw said its Tesco members were ”shocked and dismayed”
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NewsUK retail woes continue with ‘worst July on record’
Retail sales in the UK continued to disappoint with the latest performance marking the ‘worst July on record’
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NewsTesco to cut 4,500 jobs in round of operational changes
The operational changes will mainly focus on its 153 Metro stores
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NewsEG Group acquires US forecourt retail operator Cumberland Farms
Cumberland Farms also has its own food and drink brands under the Cumberland Farmhouse and Cumberland labels
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NewsCity snapshot: Ocado completes JV with M&S
Ocado has completed its arrangements for a joint-venture with Marks & Spencer
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NewsMedia Bites 5 August: M&S, Tesco, Diageo
Marks & Spencer is fighting back against its two years of falling sales with larger stores, lower prices, family-sized packs of food and Percy Pigs
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Analysis & FeaturesEU sugar market hit by production uncertainty
The current prices are not profitable for domestic sugar beet producers
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NewsMeatless Farm Co partners with Whole Foods for US launch
The UK-based vegan startup will see its products roll out in 450 Whole Foods stores across the US
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NewsCranswick eyes non-meat growth with £43.5m Katsouris Brothers deal
British pork giant Cranswick has bolstered its non-meat credentials with the £43.5m acquisition of UK-based Mediterranean food specialist Katsouris Brothers.
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NewsJust Eat merger with Takeaway.com far from delivered
As soon as news emerged of Just Eat’s £9bn merger with Dutch contemporary Takeaway.com speculation started to mount that the agreement could be far from the end of the story.
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NewsOrganic babyfood producers secure millions in funding
Babease and Piccolo have raised significant funds to expand and push NPD
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NewsNo-deal Brexit expected but food and drink unclear on plans
Senior industry sources believe a no-deal Brexit is now likely, but will that translate into increased planning from businesses
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NewsMedia Bites 2 Aug: Just Eat, BAT, Brexit
One of Just Eat’s largest shareholders wants a more generous helping from the proposed tie-up between the British fast food app and its Dutch suitor.
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Comment & OpinionReality of a no-deal Brexit has changed the mood in grocery
The clock is ticking and the mood in the grocery industry is turning faster than a consignment of meat stranded on the M20…
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NewsMajestic Wine sold to US investment firm Fortress in £95m deal
Majestic Wine has sold its Majestic-branded retail division and its commercial business to US investor Fortress Investment Group for £95m. Plus, all the rest of the latest news from the City.
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NewsStrong Aperol sales boost Campari interim results
Campari’s sales jumped 9% in the first half of the year driven by the soaring popularity of Aperol across Europe
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Analysis & FeaturesCan the meat sector survive no-deal - and will Johnson help?
With three months to go and no deal in sight, business is doing all it can – but is it enough?