All Finance articles – Page 393
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News
IGD names Susan Barratt as new CEO
Barratt will succeed Joanne Denney-Finch who stepped down in September
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News
Compass Group annual profits rise 7% despite UK margin pressures
Food service giant Compass Group reported a 5.5% jump in full year organic sales to £23.2bn.
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News
Media bites 20 November: Consumer spending, Energy drinks, Beyond Meat
Online shopping and food retailers are forecast to be the winners this Christmas as consumers keep a tight rein on spending on clothing, homewares and other non-food items
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News
National Lottery ticket sales leap by 5.4% this year
Sales across the National Lottery’s range of scratchcards and online instant win games also rose by £136m
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News
Third quarter earnings slump 9% at Dole after oversupply
Earnings fell 9% for the third quarter at fresh produce supplier Dole, after an oversupply resulted in lower pricing
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News
Media Bites 19 Nov: Brexit, Colman's, Kimberley-Clark
Britain is running out of food warehousing space as retailers and manufacturers rush to stockpile amid growing fears of a no-deal Brexit
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News
The Ethical Butcher seeks £350k to launch direct-to-consumer arm
The meat wholesaler has launched a Crowdcube campaign to fund the new service for carbon negative meat
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News
US-based Lineage Logistics acquires Yearsley Group
The deal was struck due to synergies between both businesses operating models
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Analysis & Features
City news: Asda posts sixth consecutive quarter of organic growth
Asda’s resurgence continued this week as it posted like-for-like growth of 2% in the third quarter to post its sixth consecutive quarter of organic growth.
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News
Scandal-hit Patisserie Valerie hires ex-Tulip boss Francis as new CEO
Francis has replaced Paul May at the helm of the crisis-hit bakery chain
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News
World foods supplier TRS Group eyes sale
The £109m-turnover business hired advisors Stamford to prepare for a sale early next year, The Grocer understands
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News
Premier to seek 'over £100m' from Ambrosia sale, say analysts
The company confirmed plans to divest its third-largest brand on Tuesday 13 Nov, as Gavin Darby announced his departure
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News
City snapshot: Asian foods specialist TRS Group seeks buyer
World foods supplier TRS Group is eyeing up potential buyers after the £109m-turnover business hired advisors to prepare for a sale, The Grocer understands. Plus, Imperial Brands responds to new proposals to regulate vaping and menthol product sales and all the rest of the latest news from the City.
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News
Media Bites 16 Nov: Asda, US tobacco bans, Patisserie Valerie
Asda revival continues as sales rise again, writes The BBC as the media also reports on US restrictions on vaping and menthol tobacco and boardroom changes at Patisserie Valerie.
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News
Asda reports sixth quarter of like-for-like sales growth
Asda said it had benefited from a 13.8% growth in online grocery sales in the quarter
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News
First brand launched by Danone accelerator scheme rolls out
Ayem is a bircher-style breakfast pot brand made from a blend of almonds, milk, fruit and seeds
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News
Retailers and wholesalers join action against Europe lorry cartel
Poundland, Lincolnshire Co-op and JJ Food Service have joined a group action
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News
Devro warns on volume growth over Russia slowdown
Sausage skin supplier Devro has warned that weaker than expected sales in Russia will result in lower than expected full year sales volumes as it begins the search for a new chairman.
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News
Media Bites 15 Nov: Brexit, Inflation, Campbell Soup
The chancellor and the business secretary thanked dozens of senior figures from FTSE 100 companies last night for their stark warnings over the impact of a no-deal Brexit.
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Analysis & Features
Trade wars, extreme weather and disease pose threat to food prices in 2019, warns report
Trade wars, disease and extreme weather are threatening to cause volatility next year, according to the bank’s annual Outlook report