All Finance articles – Page 388
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NewsMedia Bites 30 Oct: Beyond Meat, Sainsbury’s, M&S
Early investors in Beyond Meat were set for a big payout as the plant-based phenomenon shares became freely tradable yesterday, closing down 22%
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NewsSmoothie maker Savsé calls in the administrators
Declining sales, financial pressures from Brexit and the loss of a major listing in Boots sent it spiralling into crisis
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NewsKellogg’s sales boosted by snacks and frozen foods growth
Kellogg’s third quarter organic sales rose marginally, driven by growth in snacks and frozen foods
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NewsCity snapshot: Beyond Meat makes first quarterly profit as sales surge 250%
Beyond Meat has posted its first quarterly profit as sales of its plant-based meat alternatives jumped 250% in the third quarter.
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NewsMedia Bites 29 Oct: Brexit stockpiling, Just Eat, Boots
Britain’s biggest retailers have been ramping up their stockpiling efforts to record levels in the run-up to Brexit.
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NewsBoots UK sales and profits fall in face of ‘very challenging’ UK market
Sales decreased by 1.8% on a constant currency basis, mainly because of a 2.1% decline in Boots UK
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NewsOcado’s GSCOP designation under review following structural shake-up
Ocado Group requested the review, arguing that from 5 August 2019 it had no involvement in the grocery retail side of the business
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NewsUK e-retailer deals rise as high street woes increase online focus
The number of M&A deals for UK e-retailers has risen by 50% in the past year as retail groups come under pressure to accelerate online sales growth amid a wider high street slump.
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NewsMedia Bites 28 October: Just Eat, AB InBev, Asda
Just Eat has accepted that its multibillion-pound merger with Takeaway.com is dead in its present form, according to The Times.
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NewsLabour shortages set to hike apple prices
British Apples & Pears warns the total amount of unpicked top fruit “could be much more” than previously thought
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Analysis & FeaturesJust Eat investors demand larger helping as bidding war escalates
A juicy takeover war was kicked into gear this week as global suitors battle to grab a slice of the booming UK online takeaway delivery sector.
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NewsRefresco hit with £8.1m charge following acquisition of Cott
Bottling giant Refresco was hit with an £8.1m exceptional charge last year resulting from its £935m acquisition of fellow bottling firm Cott.
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NewsBear reports sales fall amid intensifying competition in the fruit snacking space
Fruit snacking brand Bear has seen a reversal of its rapid growth as fierce competition and lower-priced rivals have stunted sales.
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InterviewsJulian Metcalfe: Itsu’s British foodie with global ambition
Following success with Pret a Manger and Metcalfe’s Skinny, Itsu founder Julian Metcalfe is setting his sights on taking the brand global
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NewsMedia Bites 26 Oct: Amazon, Impossible Foods, Coca Cola
Amazon’s investment in expanding its one-day delivery service triggered the first fall in quarterly oprating profits in over two years, spooking investors and wiping $80bn from the retailer’s market cap.
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NewsP&G announces move to cut 9,000 tonnes of plastic from supply chain
It is the latest in a swathe of big fmcg businesses to crack down on plastics over recent weeks
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NewsLabour shortages putting pressure on supermarkets to raise warehouse pay
Shortage means workers can pick and choose, while DCs are having to relax job requirements, says leading recruiter
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NewsCCEP invests in two tech-driven delivery start-ups
Coca-Cola European Partners has made its first investments under a new venture arm after taking stakes in two tech-based start-ups.
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NewsMedia Bites 24 Oct: Just Eat, Beyond Meat, Impossible Foods, Retail jobs
The hostile suitor trying to buy Just Eat must pay an extra £1bn to take it over, a major shareholder has said.
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News
Brain Füd turns to the crowd to fund switch to cans
A legal spat with Red Bull has forced a change to Brain Füd’s packaging and slogan