All Finance articles – Page 424
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NewsMedia Bites 10 Aug: Poundworld, Tangerine, Coca-Cola Hellenic
An Irish family that owned a chain of discount retailers has agreed to buy 50 Poundworld stores on the last day of trading for the collapsed business
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NewsSupermarket price inflation drops to lowest level for 18 months
Supermarket price inflation has hit its lowest level for 18 months as the post-Brexit jump in grocery prices continues to stabilise.
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News2 Sisters unveils major restructure of poultry business
The plan, unveiled by new CEO Ronald Kers, includes the merger of its UK poultry and added-value businesses into one division
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NewsCity snapshot: World Cup boosts first half sales at Coca-Cola HBC
European FTSE 100 coke bottler Coca-Cola HBC has reported a 6.4% first half jump in sales as the World Cup and warm weather boosted volumes in the second quarter. Plus, half year results from Irish groups Kerry Group and Glanbia and all the rest of the latest news from the City.
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NewsMedia Bites 9 August: Casino, High street, Sterling
Shares in France’s Casino hit their lowest point since 1996 after questions were raised about about the retailer’s debt levels.
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NewsAldi promises carbon neutrality by 2019
The discounter was recently ranked as one of the “dirtiest polluters” among UK supermarkets
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Comment & OpinionIndra Nooyi’s candour about the challenges faced by female leaders will be missed
At a time when fmcg struggles to put women in top jobs, losing an outspoken role model like Nooyi is a real blow
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News'Sugar tax' fails to impact shopping habits
Just 1% now say they plan to stop drinking sugary soft drinks
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NewsFirst half profits rise 8.6% at Stock Spirits Group
Premium spirit supplier Stock Spirit Group (STCK) saw profits jump 8.6% for the half-year, despite “challenges in its core markets”.
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NewsMedia bites: Jacob's, Fever-Tree, Iceland
McVitie’s owner Pladis is reportedly eyeing a £100million sale of savoury biscuit maker Jacob’s.
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NewsProfits tumble at Wrigley UK as chewing gum sales wane
Profits at Extra and Juicy Fruit chewing gum maker Wrigley tumbled by a third last year, as category sales continued to decline
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NewsSainsbury's to hold talks with Unite union over pay proposals
Sainsbury’s retail and operations director Simon Roberts said he was proud of the pay deal
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NewsHeatwave boosts July food sales but general retail fails to perform
Monthly food sales hit their highest level for five years in July driven by the World Cup and hot summer, but the rest of the retail industry failed to fire.
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NewsMedia Bites 7 Aug: Retail sales, PepsiCo, Tesco
The hot weather kept British consumers out of the shops during July, despite prompting sales of food and drink for barbecues and World Cup celebrations
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NewsBuying groups Today's and Landmark agree to merge
The proposed new company will be called Unitas Wholesale
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NewsIndra Nooyi to step down as PepsiCo CEO after 12 years
PepsiCo has named company veteran Ramon Laguarta as Nooyi’s successor
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NewsIceland to sell its food ranges in The Range stores
The outlets are to be supplied by Iceland and staffed and operated by The Range
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NewsTesco-Carrefour alliance to be operational by October
Tesco’s strategic alliance with French hypermarket Carrefour will be operational by October.
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NewsMedia Bites: Iceland, Walkers and Holland & Barrett
Iceland frozen food is set to be sold in The Range discount stores, after a deal was agreed between the two retailers
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NewsAB InBev unveils fund for startups tackling sustainability
Successful applicants will be announced in September during the UN’s climate week