All Finance articles – Page 389
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NewsGrocemania expands out of London with dozens of new retailers
New symbol retailers include a Nisa, Costcutter and Simply Fresh stores
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NewsUp to 270 jobs at risk as Tulip starts consultation at Bodmin meat plant
The site is understood to have lost about £20m during the past two years
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NewsUber Eats makes convenience move with Costcutter delivery tie-up
Retailers within the symbol group will be able to sign up to Uber Eats through the Costcutter Supermarkets Group
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NewsCity snapshot: Heineken third quarter sales rise on Asia-Pacific strength
Heineken has reported a 2.3% organic increase in beer sold during the third quarter driven by double-digit growth in Asia-Pacific. Plus, Carrefour Q3 like for like sales up 2.3% despite French weakness and all the rest of the latest news from the City.
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NewsMedia Bites 23 Oct: Just Eat, Uber Eats, Tariffs
Naspers, the South African tech conglomerate, has tried to gatecrash a merger of two of Europe’s biggest food delivery groups
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NewsSoft drinks maker Clearly Drinks buys Revolution Waves water
Soft drinks maker Clearly Drinks has acquired flavoured water brand Revolution Waves for an undisclosed sum.
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NewsSupermarket prices fall back in September
Supermarket prices edged back into deflation last month for the first time since April, according to the latest Grocer Price Index.
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NewsWinnow targets $1bn food waste reduction following £9m fundraise
The technology startup last week raised more than £9m in a funding round
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NewsP&G raises outlook after first quarter sales boost
Procter & Gamble first quarter sales were boosted by higher demand for its healthcare and beauty products
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NewsJust Eat rejects new £4.9bn rival takeover bid
Just Eat has announced it has rejected a £4.9bn offer from South African investment firm Prosus, pledging instead to continue with its all-share merger with Dutch contemporary Takeaway.com.
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NewsTech consultancy Happen acquired by Accenture
Happen has worked with a long line of brands and retailers to help identify market opportunities create of new products
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NewsCity snapshot: Reckitt cuts full year forecast after ‘disappointing’ third quarter
Reckitt Benckiser has cut its full year growth expectations after issues in China and the US led to a “disappointing” third quarter. Plus, Devro shuts Scottish factory, new CFO for Ahold Delhaize, trading update from McBride and all the rest of the latest news from the City.
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NewsMedia Bites 22 Oct: Just Eat, Asda, Coty
Slowing order growth in Just Eat’s core business spooked investors yesterday
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NewsSMEs and startups feel unsupported by fmcg industry, research finds
Four in five fmcg startups feel unsupported and abandoned by the wider industry, research by Young Foodies has shown
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NewsCoconuts Organic returns to crowdfunding to fund exports and NPD
The non-dairy ice cream maker is now targeting £160k in exchange of a 6.3% stake in the business
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NewsJust Eat shares fall despite 25% third quarter sales increase
Investors have been unimpressed despite double-digit increases in orders through Just Eat
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NewsCity snapshot: Consumer confidence dented by Brexit uncertainty
Brexit uncertainty and a slowdown in the jobs market hit consumer and business confidence in the third quarter, with a further drop in confidence and slowdown in consumer spending tipped for next year.
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NewsMedia Bites 21 October: Gail’s Bakery, Iceland, Brexit
Entrepreneur Luke Johnson is reviving plans for a sale of his Gail’s Bakery after sounding out bankers about an auction of part or all of Bread Holdings.
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NewsUnilever enjoys shares boost despite weaker sales
Unilever revealed slowing sales growth on Thursday, but its shares were boosted by investor relief that a slump in ice cream sales hadn’t hit the consumer giant’s top line harder.
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NewsWalkers sales and margins hit amid intense competition
The sales and profits of UK’s biggest crisps brands Walkers were hit last year by consumers shifting away from its core range and a poor potato harvest increasing costs.