All Finance articles – Page 397
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News
Media Bites 8 Jan: Aldi, Supermarket price cuts, Luke Johnson
Aldi rang up nearly £1 billion of sales in December in another record period for Christmas trading in Britain
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News
Kit's Peanut Chutney reaches out to crowd for £100k cash boost
The unique condiment brand was founded last year by former Candy Kittens head of digital marketing Max Maharajh and his uncle Kit
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News
Mindful Chef secures £6m investment from PE firm Piper
The healthy recipe box business received the cash boost to drive rapid growth plans
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News
Selfridges reports 8% rise in sales for Christmas period
Sales were up also up 8% in the week leading up to Christmas 2018
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News
Media Bites 7 Jan: Marks & Spencer, Morrisons, Christmas trading
Marks & Spencer is set to lose the battle of the Christmas aisles as its struggling food arm posts its worst festive performance for a decade
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News
Meal kit supplier Gousto secures £18m cash injection
The direct-to-consumer business received the funding from fitness guru Joe Wicks, alongside a group of existing investors
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US expansion puts Baxters back in the black
Soup maker Baxters Food Group is back in the black after a year of US expansion grew sales.
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News
Cheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017.
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News
Addo Food Group plunges into red in first year of PE ownership
PE house LDC completed a secondary buyout of the Pork Farms munfacturer in April 2017
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News
Melrose & Morgan seeks £250k to fund two store openings
The business is offering investors 12.2% equity based on a £1.8m valuation
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City snapshot: Cheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017. Plus, BRC Nielsen Shop Price Index finds decelerating food inflation, new CFO at McColl’s and all the rest of the latest news from the City.
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News
Media Bites 4 Jan: Brexit/farmers, Next/Christmas trading, Shop prices
A no-deal Brexit would spell severe disruption for the UK’s farming and food industries, and hardship for small farmers in particular, according to environment secretary Michael Gove.
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Analysis & Features
Bombshell mergers, sensational shortages and environmental triumphs: 2018 in review
There were mergers so seismic in scale they could change grocery for good, and new arrivals that went out with a whimper
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News
Gove warns of no-deal Brexit turbulence for food and farming sectors
Speaking at today’s Oxford Farming Conference, the Defra secretary warned a no-deal Brexit would hit the sector hard
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Next kicks off Christmas reporting season with solid sales performance
High street bellwether Next has reported sales growth in-line with expectations over the festive period, but has cut its profit guidance due to higher sales of lower margin goods.
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Media Bites: Iceland, John Lewis Partnership, Entertainment sales
MPs will investigate HM Revenue & Customs threatened Iceland Foods with a £21 million bill over a Christmas savings scheme for low-paid staff.
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One Stop hails success of Christmas promotions strategy
The group launched its first online game, as well as a Christmas Countdown promotion
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Waitrose Christmas week sales jump 19% to 'hit expectations'
Sales at the premium supermarket were heavily distorted by the timing of Christmas and New Year compared to 2017, the retailer said in its weekly trading update
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News
HMRC threatens Iceland with £21m minimum wage bill
The Times reports that Iceland has been threatened with a £21m bill by HM Revenue & Customs after it accused the retailer of breaching minimum wage rules.