All Finance articles – Page 357
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NewsSupermarket fruit & veg price hike urged as growers face ‘bleak’ profit outlook
Suppliers have warned of tightening margins in 2020 after poor weather and increased labour costs
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NewsWaitrose results: Charlie Mayfield hails booming online sales
The JLP chairman said he hoped 2020 would be a year of “dramatic growth”
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NewsTesco Christmas sales edge up despite ‘subdued’ market
Tesco boss Dave Lewis today claimed Christmas saw the “best operational performance” he had seen since he joined the supermarket in 2014. Plus, on a hectic morning, festive grocery sales rise for Waitrose and M&S, trading updates from Naked Wines, Nichols, Hilton Food Group, Mitchells & Butlers and all the rest of the latest news from the City.
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NewsMedia Bites 9 Jan: Sainsbury’s, Greggs, Boots
Argos lets down Sainsbury’s “upbeat” performance in grocery, Greggs shares bonus with staff after “exceptional” year while UK retailers suffer ”worst year on record” with sales sliding 0.1%
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NewsUK retail sales suffer ‘worst year on record’ in 2019
2019 marked the first year to show overall decline in retail sales
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NewsReal Handful smashes crowdfunding target to launch savoury trail mix range
The healthy snacking startup took to Crowdcube this week
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NewsVegan brand This secures multimillion cash boost to keep up with “fake meat” demand
The meat alternative startup raised millions from strategic venture capital investors
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Comment & OpinionJust Eat is hungry to take a bigger bite out of the food delivery market
Just Eat shareholders have until Friday lunchtime to decide between two offers – from Takeaway.com and Naspers’ Prosus
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NewsSainsbury’s posts positive Christmas results after ‘upping its game’
CEO Mike Coupe said the supermarket had become more competitive on price and grown its premium Taste the Difference range over the past six months
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NewsCity snapshot: Sainsbury’s Christmas grocery growth mitigates Argos decline
Sainsbury’s has posted a decline in like for like retail sales in its crucial third quarter. Plus, Greggs has posted another quarter of strong organic growth to take its full year sales up 13.5% year-on-year while committing to pay staff £7m and all the rest of the latest news from the City.
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NewsMedia Bites 8 Jan: Morrisons, Grocery market share, Poundland
Cautious shoppers, heavy discounting and a decision to shun Black Friday triggered a fall in sales at Morrisons
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NewsCotswolds Distillery nets over £1m in latest funding push
Since its launch in 2014, the gin and whisky maker has raised over £12m
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NewsEnfield retail park to be redeveloped for online sellers after M&G sale to Prologis
Ravenside Retail Park in north London’s Edmonton had been owned by M&G, the investment firm that last month banned withdrawals by investors from its property fund
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NewsEuro Food Brands hails ‘strong’ outlook despite Illy’s foodservice demerger
The specialist distributor said it was able to replace lost revenue with new growth from existing and new customers
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NewsPotts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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NewsCity snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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NewsMedia Bites 7 Jan: Aldi, Jamie Oliver, Brexit
Christmas sales at Aldi topped £1bn for the first time, but the discounter experienced a slowdown in UK sales growth during the busy festive period
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NewsPasta straws maker Stroodles raises £180k to disrupt straw market
The brand producing a pasta alternative to plastic straws will use the funds to expand its sales team, fund marketing and NPD
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Comment & OpinionGovernment must take on the corporate tax avoiders feasting on our high streets
Our high streets have been in decay for decades. It’s time we stood up to Amazon and levelled the playing field, says Joanna Blythman





