All Finance articles – Page 360
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NewsKatie Bickerstaffe appointed M&S chief strategy and transformation director
Bickerstaffe, currently an M&S non-executive director, fills the role left by Melanie Smith, who was named CEO of Ocado Retail last year
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NewsMults rolling out more dark stores to cope with above-market rents
Attractive lease terms have caused a surge in supermarket property investment while leaving Tesco, Sainsbury’s, Asda and Morrisons paying too much rent, according to research
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NewsUpfield and General Mills supply chains in balance after NFT pre-pack administration
The future of NFT’s key Tilbury distribution site, used by the Flora and Yoplait owners, remains unresolved
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News‘Volcanic’ chocolate brand Firetree takes to the crowd to raise £200k
The ’super premium’ chocolate manufacturer plans to use the funds raised to scale-up its newly launched brand
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NewsCity snapshot: Imperial Brands issues profits warning on US e-cigarette crackdown
Imperial Brands has issued a stark profit warning ahead of its annual general meeting as increased regulation on new generation products and a US ban on flavoured cigarettes are expected to hit revenues and profits
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NewsMedia Bites 5 Feb: M&S, Grocery sales, Meat tax
M&S Food finance director Nick Hewitt has left the chain last month, the latest high profile exit at the chain, while Morrisons boss David Potts has come under pressure to restore the grocer’s furtune as market share and sales keep falling
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NewsTyphoo Tea to cut jobs to ‘safeguard future of the company’
The tea maker said the move was necessary amid an increasingly challenging trading environment
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NewsPasta Evangelists raises £3.5m to ramp up omnichannel efforts
The four-year-old brand raised the cash from funds including Pembroke VCT and Guinness Asset Management
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NewsWild Cosmetics raises six-figure sum to launch eco-friendly deodorant
DTC startup Wild Cosmetics has raised £500k to roll out its 100% biodegradable deodorant refills and reusable aluminium cases from March
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NewsDessert maker Indulgence Patisserie in talks with buyer after collapse
The own-label and branded dessert manufacturer appointed advisors last month after falling sales and legal issues led to its collapse into administration
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NewsM&S food and clothing are most profitable together, says chairman Archie Norman
His comments follow speculation over the prospects of a break-up of the two arms after food outperformed clothing in Christmas trading
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NewsCity snapshot: Grocery market records weak post-Christmas sales growth
The grocery sector experienced a sobering January as clean-living consumers cut back to constrain market growth to just 0.3% in the latest 12-week period.
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NewsMedia Bites 4 Feb: Tesco, Poundland, Imperial Brands
A non-compete agreement has forced Tesco to delay the arrival of its new chief executive Ken Murphy
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NewsIceland to roll out to 19 more branches of The Range by April
The expansion will take the number of branches of The Range with an in-store Iceland to more than 50
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NewsPlantifull seeks funding to support ‘major’ Holland & Barrett launch
The vegan meal pot startup is looking to raise £350k in exchange for an 18% stake to support in-store expansion and NPD
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NewsTime Wholesale Services reports sales boost after move to larger depot
Time is expecting to hit sales of £85m for the year to 31 January 2020
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NewsCity snapshot: Former Bacardi and Cadbury exec named as Imperial Brands CEO
Imperial Brands has appointed former Bacardi and Cadbury executive Stefan Bomhard as its new CEO, replacing Alison Cooper.
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NewsMedia Bites 3 Feb: John Lewis, Unilever, Pasta Evangelists
John Lewis will turn over a new leaf this week when its new boss, Dame Sharon White, formally takes the throne at the troubled retail group
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NewsFood & drink exporters fear China port chaos over coronavirus
The number of confirmed cases of the virus in mainland China now exceeds 7,000