All Finance articles – Page 403
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NewsCity snapshot: Ocado to open mini CFC in Bristol
Ocado announced it will open a mini-CFC in Bristol to support growth of its M&S JV Ocado Retail. Plus, half year results from Remy Cointreau and PayPoint and all the rest of the latest news from the City.
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NewsMedia Bites 28 Nov: Iceland, Bags for life; BAT
Iceland Foods faces a change in ownership as South African conglomerate Brait revealed plans to sell its stake in the retailer.
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NewsGriddle to launch first crowdfunding round in scale-up push
The pancake startup will launch on Seedrs next week seeking £120k in exchange for an 11% stake
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NewsKitwave reports turnover and profits hike following ‘very positive year’
The north east-based operator completed the acquisition of Alpine Fine Foods earlier this month
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NewsPG Tips and Lipton set for herbal tea expansion as Unilever denies sale
Unilever denied it was “exploring a sale” of its tea business, contrary to media reports
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Comment & OpinionWhy would Unilever sell PG Tips and Lipton? And who would buy the brands?
Unilever insists it’s not selling, but has called British tea drinkers a ’dying breed’
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NewsThomas Tucker saved from administration in sale to former director Paul Gregg
The popcorn supplier collapsed at the end of September after a food safety recall and the loss of a key contract led to a significant cash shortfall
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NewsCity snapshot: US Fruit Shoot retreat and France factory sales hit Britvic profits
Britvic’s annual profits have been hit by the closure of its Fruit Shoot multi-pack operation in the US and the sell-off of factories in France, despite posting solid results in its UK carbonates business. Plus, trading updates from British American Tobacco and Marston’s and all the rest of the latest news from the City.
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NewsMedia Bites 27 Nov: Pets at Home, Shop prices, Compass Group
Pets at Home shares soar after after it bucks the high street blues to book rising sales as its turnaround strategy pays off
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NewsUK shop prices fall for the sixth consecutive month
UK shop prices declined for the sixth consecutive month in November, amid a fall in dairy prices and easing fresh foods inflation
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NewsMcCain set to cut 230 jobs following review of UK business
A spokesperson for the business said the decision had been made “after an extensive review of current and future requirements”
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NewsRising prices and exports drives sales growth at Cranswick
Pork giant Cranswick has made a “positive start to the year”, with the first half sales up year-on-year amid strong performance in the domestic market and rising exports.
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NewsGreencore profits rise after ‘fundamental reset’
Convenience foods specialist Greencore has posted an improvement in underlying sales and profits after “fundamental reset” of the business following its exit from the US.
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NewsMedia Bites 26 Nov: Just Eat, Retail sales, Unilever
A suitor for Just Eat has attacked a rival bid as “wholly inadequate” and an attempt to buy the British delivery company “on the cheap”
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NewsWaitrose shelves open kitchen concept in most trial stores
The Kitchens at its Twyford, Chandler’s Ford and Barbican stores were quietly removed last year
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NewsFever-Tree investors reassured despite UK slowdown
City darling Fever-Tree is unaccustomed to missing market expectations, but last week it was forced to release a profits warning as its UK growth came to a shuddering halt.
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NewsCake Box revenues soar 6% on new openings and higher demand
Cake Box Holding, the specialist retailer of fresh cream cakes, saw revenues rise 6% in the first six months of the year on the back of new store openings and increased demand
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NewsMedia Bites 25 Nov: Unilever, M&S, chickens, Poultry
Unilever has said it is mulling a sale of its traditional tea business amid falling sales and changing consumer tastes.
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NewsKatjes International takes majority stake in Candy Kittens
Global confectionery group Katjes International has grown its stake in UK sweets brand Candy Kittens take a majority share in the company.
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NewsGrocemania launches further funding push to fuel expansion beyond London
The company has pledged £50k secured by a private investor into the campaign