All Finance articles – Page 427
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NewsFever-Tree raises full year earnings expectations after strong first half
Fever-Tree expects its full year results to be “comfortably ahead of expectations” after posting first half revenue growth of 45%.
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NewsWorld Cup and hot weather drive supermarket sales surge
Grocery sales have jumped 3.6% in the 12 weeks to 15 July as the World Cup and the prolonged hot weather boosted trading according to Kantar Worldpanel.
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NewsMedia Bites 24 July: Tesco, McColl's, Heineken
Tesco is hiring staff for a new chain of discount stores called Jack’s as it seeks to face down budget rivals Aldi and Lidl.
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NewsQuorn to invest £7m in new R&D centre after 12% sales growth
The boom in meat-free has helped Quorn to double-figure growth which has prompted the business to announce a £7m R&D investment.
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NewsKari Daniels to take over as chief executive of Tesco Ireland
Daniels replaces Andrew Yaxley, who was made Tesco’s chief product officer earlier this month
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NewsDeliveroo calls for self-employed riders to be allowed holiday pay
Deliveroo is calling for a ‘charter for secure flexible work’
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NewsCity snapshot: McColl's profits plunge after P&H collapse disruption
Like-for-like sales at convenience chain McColls grew 2.7% in the “most challenging six months the company has faced” as the company was impacted by the failure of Palmer & Harvey. Plus, Tesco readies discount chain launch and all the rest of the latest news from the City.
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NewsMedia Bites 23 July: Tesco, Poundworld, Quorn
Tesco is preparing to launch a new discount chain as early as September, as the supermarket ramps up its battle with the discounters Aldi and Lidl.
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NewsBrazil truck strikes drag growth down at Unilever
Unilever has spent much of the past few weeks trying to unite shareholders over its planned corporate relocation to the Netherlands, but it was left frustrated by South American affairs on Thursday as shrinking profits were blamed on trucking strikes in Brazil.
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NewsLab-grown meat startup raises $8.8m for commercial launch
The cultured meat startup is looking to make its products commercially available by 2021
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NewsMuddle & Mash and London Cellar hire liquidators
High-end cocktail mixer manufacturer Muddle & Mash has closed its doors after profitability steeply declined
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NewsSainsbury's warned of risk to reputation over WH Smith trial
The move could ‘negatively impact consumers’ view of Sainsbury’s’ through association with WH Smith
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NewsIntersnack picks up Popchips as market for snacks hots up
The flurry of dealmaking in the UK bagged snacks sector has continued unabated with Intersnack snapping up Popchips in Europe and other crisp makers subject to bid interest.
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NewsCity snapshot: Manomasa maker It's All Good eyes sale options
After a flurry of dealmaking in the UK bagged snacks sector, The Grocer understands Manomasa and Mexican Dave’s owner It’s All Good is also exploring sale options.
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NewsMedia Bites 20 July: Retail sales, Poundworld, Unilever
The World Cup and heatwave has fuelled a drink and food supermarket sales surge, representing the highest growth since 2001.
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NewsRemaining Poundworld stores scheduled for closure
The distribution centre in Normanton is to close tomorrow (20 July) and the remaining stores by 10 August
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Comment & OpinionTesco-Carrefour: will tie-up be just another buying group?
Tesco has worked for three years now to take buying back to the principled old days
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NewsDavid Salkeld takes senior role at former Unilever spreads business Upfield
The FMCG veteran will run Upfield’s north west Europe, Eurasia and Australia/New Zealand operations
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NewsCity snapshot: Brazil truckers strike hits Unilever's Q2 growth
Unilever has posted underlying sales growth of 2.5% in the first half of the year after organic growth slowed to 1.9% in the second quarter, excluding its spreads business. Plus, strong Vimto sales boost Nichols’ first half, trading updates from Hilton Food Group and Science in Sport and all the rest of the latest news from the City.
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NewsMedia Bites 19 July: Premier Foods, Hotel Chocolat, Plastic packaging
Embattled Premier Foods chief executive Gavin Darby narrowly survived a vote to oust him at a torrid annual meeting