All Finance articles – Page 357
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NewsRising costs damage profits at CK Foodstores despite sales growth
CK opened two more stores during the year to take its estate to 28 sites across Wales
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NewsMore ‘unlawful’ supermarket land agreements bound to be uncovered, experts claim
The competition watchdog last week slammed Tesco over 23 land agreements restricting rivals from opening nearby
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NewsCity snapshot: McBride profits slump amid weak second quarter
Private label household goods manufacturer McBride has announced a slump in first half sale and profits after a weak second quarter amid “difficult” market conditions.
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NewsMedia Bites 20 Feb: Inflation, Morrisons, Arla
UK prices have risen at their fastest pace in six months, with rising fuel costs offsetting falls in furniture and food.
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NewsHealth & wellness segment continues to outperform wider food & drink sector
The category outgrew food & drink over the past six years and is now worth $700bn worldwide
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NewsMade in Chelsea star Spencer Matthews’ The Clean Liquor Company secures fundraising boost
Former Made in Chelsea star Spencer Matthews launched the company in November
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NewsCity snapshot: Distil and British Honey Co form JV to launch new spirits products
AIM-listed drinks producer Distil has entered a joint venture with British Honey Company to produce a new range of branded botanical spirits.
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NewsMedia Bites 19 Feb: Asda/Walmart, Post-Brexit immigration, Business rates
Sales slipped at Asda in the final three months of last year after customers cut back on spending in the run-up to Christmas.
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NewsAsda blames challenging market conditions for sales decline
Asda posted a 1.3% decline in like-for-like sales in the fourth quarter, as cash-strapped customers failed to provide the Christmas trading boost it had hoped for.
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NewsDTC cleaning products firm Dropps secures $16m to scale up
The eco-friendly firm will use the investment to keep up with growing demand for its subscription business
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NewsStartup incubator the Grocery Accelerator relaunches as Mission Ventures
The accelerator was set up in 2015 by a trio of industry leaders to support the growth of fmcg challenger brands
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NewsThe Tofoo Co hails record Veganuary turnover
The brand racked up sales of £1m last month, double its January 2019 turnover
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NewsCity snapshot: Kerry Group profits jump to €900m on growth and acquisitions
Irish food and ingredients giants Kerry Group has posted a double-digit rise in annual profits on the back of solid volume growth and the contribution of acquisitions.
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NewsMedia Bites 18 Feb: Consumer confidence, Amazon, Brexit
Household confidence has reached its highest level for 11 years in another sign that the economy has benefited from a post-election bounce.
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NewsBritvic agrees £400m ‘sustainability-linked’ credit facility
Britvic has agreed a “sustainability-linked” £400m credit facility, one of the first of its kind in the UK.
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NewsPreserve startup Rogue launches crowdfunding campaign to become ‘household brand’
The startup was due to hit Seedrs last October but after losing the backing of a lead investor was forced to delay the launch
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Comment & OpinionUnilever’s personal care review raises serious strategic questions
Established personal care brands such as Simple could be facing the axe
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NewsLogistics bosses welcome scrapping of Operation Brock lorry park project
Logistics bosses have welcomed the government’s decision to scrap plans for an off-road lorry park in Kent, originally intended to deal with post-Brexit border disruption. However, both transport companies and retail leaders are calling for urgent action to ensure the ports are ready for the end of ...
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NewsCity snapshot: BRC warns of higher prices and food shortages from border friction
The British Retail Consortium has warned the UK faces higher food prices and reduced supply of short shelf-life goods in the event of border friction with the EU.
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NewsMedia Bites 17 Feb: Unilever, Tesco, BRC/Brexit
Unilever has kicked off a strategic review of its health and beauty brands as the consumer goods giant wrestles with slow growth.