All Finance articles – Page 379
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News
Amazon secures central London retail space for Amazon Go
The sites will be devoted to the UK’s first Amazon Go stores, where customers are automatically charged for their shopping
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News
Colgate Palmolive replaces long serving CEO Ian Cook
Colgate Palmolive has replaced its British born CEO Ian Cook with the group’s COO Noel Wallace.
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News
Media Bites 12 Feb: Brexit, Sainsbury's/Asda, Just Eat
The food industry has urged ministers to put all non-Brexit related reforms on hold until after Britain leaves the EU because its members are too busy planning for no deal to take part in consultations.
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News
Children's snack startup Naturelly to reach out for growth funds
The jelly pot and pouch brand is looking to raise £125k in funding from investors
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News
Ocado Andover switch to Erith could take 'couple of weeks'
The online supermarket is currently providing a limited service in Andover’s territory
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News
City snapshot: Mike Ashley withdraws £15m bid for Patisserie Valerie
Sports Direct owner Mike Ashley has pulled out his bid for scandal-hit bakery chain Patisserie Valerie, activist investor Cat Rock has called on Just Eat to merge with a competitor, and the rest of the latest news from the City.
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News
Media Bites 11 Feb: Iceland, Patisserie Valerie, Ocado
Frozen food chain Iceland is considering bidding for any stores Sainsbury’s and Asda are required to sell in order to obtain regulatory clearance for their merger.
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News
Burton’s lands a catch at last with Thomas Fudge’s acquisition
After failing to land a number of key acquisition targets in recent years, Burton’s Biscuit Co has snapped up premium biscuit manufacturer Thomas Fudge’s from private equity owner Livingbridge.
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News
Ocado shares burnt by Andover blaze
Ocado boss Tim Steiner hailed the company’s “18-year overnight success” on Tuesday, but it was another overnight event that rocked the market this week.
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News
Supermarket prices rise again after Christmas cuts
The Grocer Price Index moved back into annual inflation of 0.4% in January compared with a 0.4% price drop in December
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News
Pork product duo turn to crowdfunding to improve scale
Serious Pig and Cannon & Cannon have both turned to the crowd to scale up their retail presence.
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News
Unilever moves into snacking with £150m Graze acquisition
The Anglo-Dutch group’s first deal under new CEO Alan Jope was sealed this week.
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Comment & Opinion
Ocado and M&S: there's no smoke without fire
The fire is a serious blow to Ocado in the short term, with 10% of its UK capacity taken out
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News
City snapshot: High street suffers worst January since 2013
The UK retail industry suffered its worst start to the year since 2013, according to the monthly BDO High Street sales tracker. Plus, Brexit preparations and turnaround costs drive Kellogg’s to fourth quarter loss and Cranswick and Ocado shares plunge
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News
Media Bites 8 Feb: Premier Foods, Ocado, Cranswick
The former chief executive of Premier Foods, Gavin Darby, has been awarded a golden handshake worth at least £1.1m from the heavily indebted foodmaker.
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Analysis & Features
From collapse to collapse: can Oddbins be saved a second time?
The off-licence chain’s turnaround was trashed by tax woes, changing shopper tastes, Brexit and steep competition. We ask whether Oddbins has a future?
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News
Ocado warehouse fire latest: evacuation area lifted
Properties up to a mile from the facility were evacuated yesterday amid fears of a toxic gas leak or explosion
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News
Burton’s Biscuits agrees deal for Thomas Fudge’s
Burton’s has agreed a deal to acquire premium biscuit manufacturer Thomas Fudge’s from private equity owner Livingbridge.
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News
Media Bites 7 Feb: Ocado, Calsberg, Brexit
Online supermarket Ocado has been forced to cancel orders and warned of a “hit to sales” after the huge blaze ripped through its robotic warehouse.
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Comment & Opinion
What the Graze deal tells us about Unilever’s D2C strategy
D2C has been important for Unilever since its acquisition of Dollar Shave Club in 2016