All Finance articles – Page 399
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NewsCity 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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NewsWhite 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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NewsPlanet 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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NewsGraze 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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NewsLow 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 & Features10 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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NewsCity 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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NewsMedia 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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NewsJJ 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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NewsOcado 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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NewsMedia 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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NewsPotato 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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NewsCMA 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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NewsPoundland 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 & FeaturesFive 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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NewsSainsbury’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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NewsMedia 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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NewsFirst 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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NewsPoundstretcher 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
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NewsGrocery growth slows as Christmas looms
The latest grocery market share figures have showed the weakest supermarket sales growth since March 2017 as the industry heads into the vital Christmas trading period.