All Finance articles – Page 4
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News
Artemis Tenacious Group created to drive investment in legal cannabis
Global cannabis industry investment firm Artemis Growth Partners and cannabis consumer products group Tenacious Labs have created a partnership to drive investment in global cannabis market
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News
City snapshot: Early Easter boosts March retail sales
Strong food sales in the run-up to this year’s early Easter boosted UK retail sales in March, though non-food sales continued to decline
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News
Media Bites 9 April: John Lewis Partnership, retail sales
The surprise appointment of Jason Tarry as the next JLP chairman dominates coverage in today’s papers
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News
Marleybones wins backing from JamJar and Active Partners
The fresh dogfood startup has raised almost £1m in seed funding as the business aims to expand its retail distribution following recent wins
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News
Re:Nourish wins six-figure backing to support expansion
The challenger brand will use the expansion loan to increase its manufacturing capability and back sales and marketing initiatives
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News
Tesco joins grocery giants offering funds for sustainability startups
The W23 Global initiative includes Tesco, Ahold Delhaize, Woolworths Group, Empire Company/Sobeys and Shoprite
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Comment and Opinion
As trust in digital systems plummets, cash is back
In 2022 cash use grew for the first time in a decade, says Joanna Blythman, food journalist and author of Swallow This
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News
City snapshot: Cake Box profits beat expectations
Cake Box has lifted profits ahead of market expectations thanks to a renewed marketing push, a brand refresh and a new online store
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News
Media Bites 8 April: Asda/Aldi, Ocado, Retail insolvencies
Aldi has overtaken Asda to become Britain’s third biggest supermarket
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News
Hilton offers ‘a lot to like’ for investors as profits bounce back
Profits have bounced back at Hilton Food Group, which clawed back margin as input costs eased and the turnaround of its seafood division progressed ahead of expectations
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Comment and Opinion
Minimum wage, maximum effort: the pay conundrum for food and drink
Skills, expectations and stakes are higher than ever, but the rewards are increasingly in inverse proportion
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Analysis and Features
Inside the shrinking fmcg wage purse: why isn’t pay keeping pace?
The pandemic days of employers making strenuous efforts to support staff are over, as pay lags inflation and competition for roles increases. Instead, more sustainable – and cheaper – support is being offered
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News
City snapshot: Early Easter fails to reverse footfall decline
Easter falling at the end of the March failed to reverse the ongoing decline in retail footfall in 2024, according to the latest data from BRC-Sensormatic IQ
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News
Majestic completes acquisition of Vagabond Wines
The deal would protect the jobs of 171 employees at Vagabond, Majestic said.
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Media Bites 5 April: The Co-op, DS Smith, Retail sales
The boss of the Co-Operative Group has dismissed claims that the mutual model is broken after the food-to-funerals group reported a slump in annual profits
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News
Tofoo Co weighing up strategic options as sales boom
Investment bankers at Piper Sandler are in the early stages of a process to weigh up interest in the fast-growing tofu brand, according to City sources
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News
Posh food delivery brand Supper London ends operations
Supper London had set itself apart from other food delivery companies by only working with the capital’s top restaurants and delivering orders on canopied bikes
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News
City snapshot: Membership growth boosts sales and profits at Co-op
The Co-op moved back into operating profit last year as strong membership growth and increased like-for-like food sales boosted performance at the group
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News
Media Bites 4 April: Takeaways, Brexit, Hilton Food
Britain is eating 50% more takeaways than before Covid in a “drastic” shift in the nation’s eating habits, according to a report in today’s papers
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News
Lavazza sales pass €3bn but raw coffee costs hit margins
Global coffee giant Lavazza grew global revenues to over €3bn last year, but soaring coffee bean prices hit the group’s profits