All Finance articles – Page 388
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News
Nando’s grocery sales more than triple amid global expansion
Nando’s grocery sales more than tripled over the past year amid significant investment to expand the chicken condiment brand globally.
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News
City News: Sainsbury’s shares sink following CMA legal challenge
Sainsbury’s this week reassured shareholders its legal challenge to the Competition & Markets Authority had not dented its “confidence” its mega-merger with Asda will go ahead, but nervous shareholders had other ideas.
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White Rabbit Pizza Co secures £750k cash boost from angel investors
Gluten-free startup White Rabbit Pizza Co has secured a £750k cash injection to underpin its expansion plans.
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News
Planet Organic back in growth before private equity buyout
Planet Organic moved back into the black in the run-up to its PE buyout earlier this year.
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News
Graze sales slide despite in-store growth as sales process continues
Sales dived 5.2% at healthy snacking brand Graze last year, despite a strong performance from its retail arm.
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News
Low and no-alcohol wine sales drop despite moderation trend
Sales of low and no-alcohol wine fell £3.4m to £70.2m over the past 12 months
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Analysis & Features
10 of the fastest growing grocery challenger brands
Health is the common thread linking together many of this year’s successful challenger brands
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News
City snapshot: Graze sales slide as buyout nears
Sales dived 5.2% at healthy snacking brand Graze last year as the search for a buyer continues into the New Year. Plus, British American Tobacco makes a raft of staffing changes, Dole Food Company sells European salad businesses to BAMA International and all the rest of the latest news from the City.
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News
Media Bites 14 Dec: Sainsbury's/Asda, UK high street. Ocado
The Competition and Markets Authority is delaying publishing its initial findings on the merger of Sainsbury’s and Asda from early next month to early February
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News
JJ Food Service sales pass £200m - but profits decline
The company saw pre-tax profits plunge from £6.1m to £3.7m
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News
Ocado retail sales up 12% in fourth quarter
Ocado has grown its retail revenues by 12% in the fourth quarter, driven by a double-digit increase in order numbers.
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Media Bites 13 Dec: Sainsbury's/Asda, Pernod Ricard, British American Tobacco
“Sainsbury’s hit by Asda deal doubts” is the headline in the The Times after the pair launched a legal challenge against the CMA’s investigation timetable.
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News
Potato processors to feel impact of heatwave until next summer
The total tonnage fell to 4.9 million tonnes, compared to the five-year average of 5.6 million tonnes
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CMA warns of delay risk to Sainsbury's-Asda merger probe
The CMA’s response came after Sainsbury’s and Asda revealed they would lodge an application to the Competition Appeal Tribunal
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News
Poundland posts strong growth in fourth quarter
Poundland’s growth was driven primarily by the introduction of Pep&Co clothing outlets in 300 branches
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Analysis & Features
Five of the fastest growing challenger brands in alcohol
Alcohol brands dominate the fastest-growing products in this year’s Top Products report
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News
Sainsbury’s and Asda request judicial review to extend CMA process
Sainsbury’s and Asda will today lodge an application for a judicial review of the Competition & Marketes Authority investigation into their proposed merger.
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News
Media Bites 12 Dec: Justin King, Grocery sales, Morrisons/Amazon
Marks & Spencer has drafted in grocery industry heavyweight Justin King as the struggling retailer embarks on a fresh crusade to revive profits
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News
First quarter losses widen at 2 Sisters amid “substantial turnaround challenge”
2 Sisters owner Boparan has once more posted widening losses in its first quarter as it continues to tackle its “substantial turnaround challenge”.
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News
Poundstretcher sales and profits drop as it expands estate
The Grocer revealed last week that Poundstretcher planned to convert the entire estate to the Bargain Buys banner