All Finance articles – Page 372
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News
Fourpure to expand Bermondsey brewery for a second time
It will raise the brewer’s capacity to 66,000hl
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News
Consumer spending growth to slow amid Brexit caution
Consumer spending growth is set to slow down as people become more cautious amid political uncertainty, according to financial services giant PwC
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Media Bites 21 March: Aldi, Price Inflation, Retail Crime
Aldi has fired its latest salvo in the battle for Britain’s food shoppers with the launch of a smaller high street brand
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News
Finnebrogue defies Brexit fears with new EU-sourced bacon
The supplier’s Irish-sourced nitrite-free bacon would offer more choice for consumers, Finnebrogue said
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News
Aldi trials new sub-brand Local for smaller London stores
The first ‘Aldi Local’ opened last week in Balham and the name could be rolled out to four other London stores
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News
Losses deepen at Science in Sport despite sales surge
AIM-listed sports nutrition supplier Science in Sport slipped to a £2.5m loss amid significant investment, despite surging revenues
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News
Media Bites 20 March: Sainsbury's/Asda, Ocado, AB Inbev
Sainsbury’s and Asda on Tuesday said they would deliver £1bn worth of lower prices within three years if they are allowed to merge
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News
Ocado sales growth dented by Andover warehouse fire
Sales jumped 11.2% at Ocado in the past 13 weeks, but its performance was dented by the fire at its Andover warehouse last month
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News
Media Bites 19 March: Sainsbury's/Asda, Kraft Heinz, Domino's
Sainsbury’s and Asda will provide a more specific commitment to cut prices as part of their response to the CMA’s provisional verdict
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News
Wessanen in discussions with consortium over takeover bid
The Whole Earth and Clipper tea owner has received an offer from a consortium led by French private equity giant PAI Partners
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News
DH proposes pre-watershed ban on HFSS food and drink
The DH also said it plans to target products currently under the scope of the soft drinks tax
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City Snapshot: Justin King hired to advise Supermarket Income REIT
Former Sainsbury’s CEO Justin King has been appointed as a senior advisor to retail property group Supermarket Income REIT
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News
Media Bites 18 March: Brexit, Marks & Spencer, Ocado
Supermarkets are preparing to introduce rationing for online shoppers to prevent panic buying in the event of a no-deal Brexit
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News
Vegetable supplier Greenyard to cut jobs as profits slip
Today’s announcement follows the sale of the Greenyard horticulture and mycoculture businesses in September
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News
Deal activity in 2018 unaffected by Brexit but value sinks
Food and drink deal activity remained buoyant in 2018 despite concerns over the impact of Brexit uncertainty, though the value of UK deals last year fell markedly.
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News
Profits plummet at Butcher's petfood maker after costs soar
The company made “rapid progress” in the 2018 financial year amid significant invesment
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Analysis & Features
Brexit tariffs: which sectors can expect price hikes?
The government’s temporary tariff system could put some food supply chains under pressure
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News
The Food Market secures £400k from private investors
The e-commerce site founded by Wendy Snowden will use the funding to drive digital and marketing investment
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Comment & Opinion
Brexit tariffs have done little to eliminate uncertainty
The new tariff system is – in the words of FDF CEO Ian Wright – ‘confusing and complex’
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News
Spar wholesaler warns of no-deal Brexit supply shortages
The buying team at the Lancashire-based family business sent a lengthy list of both branded and own-label lines it said faced potential stock issues