All Finance articles – Page 36
-
NewsPladis CEO Salman Amin leaves McVitie’s owner with immediate effect
The Turkish snacking giant announced the move in an internal memo on Monday, revealing Amin stepped down for personal reasons
-
Analysis & FeaturesWhy has Unilever ditched well-liked CEO Hein Schumacher?
Analysts described Schumacher’s successor Fernando Fernandez – an appointment from inside Unilever – as ‘fiery and charismatic’
-
NewsSalford Rum crowdfunds £250k in less than one hour
The rum is listed in Morrisons, Waitrose and Co-op, with the business valued at £2.7m
-
NewsEnglish winemaker Gusbourne board backs move to go private
The idea was initiated by majority shareholder and former Conservative politician Lord Ashcroft earlier this month
-
NewsCity snapshot: Unilever CEO Hein Schumacher in shock exit
James Edwardes Jones, an analyst at RBC Capital Markets, said he was ‘gobsmacked’ by Schumacher’s departure. Also, McBride confirms half-year results
-
NewsUnilever CEO Hein Schumacher to step down later this week
He will be replaced by Fernando Fernandez, Unilever’s current chief financial officer
-
NewsDiscount chain MaxiDeals goes into liquidation
MaxiDeals ceased trading ‘very suddenly’ in a ‘really tough trading environment accompanied with rising costs’
-
NewsB&M boss Alex Russo to step down as chain issues another profits warning
B&M boss Alex Russo is to step down from his position at the discounter as it downgraded its profits guidance for the second time this year
-
NewsCity snapshot: Just Eat set to be acquired and B&M boss Alex Russo to step down
Just Eat Takeaway has agreed to a €4.1bn offer from Dutch investment group Prosus. Plus, B&M CEO Alex Russo to step down as the discounter issues another profits warning
-
NewsJust Eat agrees to €4.1bn offer from Prosus
Just Eat Takeaway is set to be acquired by Dutch investment group Prosus for €4.1bn with a view to building a European food delivery champion
-
NewsUK brewery numbers slide by 100 in the space of a year
The dip is a significant increase on last year
-
NewsCity snapshot: Food sales jump as shoppers stay home
Retail sales bounced back in January with a bigger-than-predicted rise thanks to strong growth in food stores as people ate more at home to save money, according to new official figures. Plus, consumer confidence also improved in February
-
NewsBBQ brand Lumberjaxe lands £90k offer from Dragons’ Den
Seasoning and sauces brand Lumberjaxe is planning to shake up the BBQ category after scoring an investment deal during an appearance on Dragons’ Den
-
NewsWalgreens Boots shares soar as new life is breathed into possible PE takeover
Shares in Walgreens Boots Alliance received a shot in the arm this week as speculation circulated that a potential private equity takeover of the US pharmacy giant was alive and kicking. It means a carve out of the UK high street Boots chain is once again a possibility
-
NewsCampari confirms restructure to ‘accelerate growth and profitability’
Campari said topline performance and investments had dragged on profitability
-
NewsRude Health profits doubled prior to Oddlygood buyout
Rude Health is bucking a category slowdown in plant-based milks, which saw overall volumes drop 2% last year
-
NewsMedia Bites 20 February: Trump tariff backlash, Tesco apologises over online glitch
Minutes US Federal Reserve’s January meeting revealed members of its committee believe Trump’s policies might ’hinder the disinflation process’
-
NewsCity snapshot: Retailers dealt fresh blow as consumer confidence sinks further
Even Gen Z – ‘the most upbeat generation on the economy and their own finances’ – saw a drop-off in optimism
-
NewsGXO purchase of Wincanton could raise costs for supermarkets, says CMA
GXO agreed to acquire Wincanton in April 2024 but the takeover was subject to checks
-
Analysis & FeaturesWhat does Ella Mills’ Allplants purchase mean for ailing plant-based category?
Ella Mills injected a much-needed dose of optimism into the ailing plant-based category last week as she picked up Allplants from administrators