All Finance articles – Page 428
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NewsPaul Allen steps down as Tayto Group CEO
The long serving CEO of Northern Ireland-based snacks business Tayto Group has left his post after 17 years at the helm.
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News
Müller to wield axe with £100m ‘Project Darwin’ cost cutting programme
The processor said its current business model ’doesn’t allow us to make a profit’
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Comment & OpinionEven healthy businesses have been put in a Brexit planning stranglehold
We at Birds Eye are directing time and money towards Brexit planning instead of improving our business, says Wayne Hudson, managing director at Birds Eye
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NewsCity Snapshot: Heineken's full-year profits surge amid strong beer growth
Dutch brewing giant Heineken saw profits surge ahead of analyst expectations in 2018, pre-tax profits drop at Smurfit Kappa despite 4% revenue growth and the rest of the news from the City
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NewsMedia Bites 13 Feb: Pernod Ricard, Molson Coors, Patisserie Valerie
The chief executive of Pernod Ricard roundly dismissed speculation that the French drinks group could become a takeover target
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NewsAmazon secures central London retail space for Amazon Go
The sites will be devoted to the UK’s first Amazon Go stores, where customers are automatically charged for their shopping
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NewsColgate Palmolive replaces long serving CEO Ian Cook
Colgate Palmolive has replaced its British born CEO Ian Cook with the group’s COO Noel Wallace.
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NewsMedia Bites 12 Feb: Brexit, Sainsbury's/Asda, Just Eat
The food industry has urged ministers to put all non-Brexit related reforms on hold until after Britain leaves the EU because its members are too busy planning for no deal to take part in consultations.
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NewsChildren's snack startup Naturelly to reach out for growth funds
The jelly pot and pouch brand is looking to raise £125k in funding from investors
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NewsOcado Andover switch to Erith could take 'couple of weeks'
The online supermarket is currently providing a limited service in Andover’s territory
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NewsCity snapshot: Mike Ashley withdraws £15m bid for Patisserie Valerie
Sports Direct owner Mike Ashley has pulled out his bid for scandal-hit bakery chain Patisserie Valerie, activist investor Cat Rock has called on Just Eat to merge with a competitor, and the rest of the latest news from the City.
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NewsMedia Bites 11 Feb: Iceland, Patisserie Valerie, Ocado
Frozen food chain Iceland is considering bidding for any stores Sainsbury’s and Asda are required to sell in order to obtain regulatory clearance for their merger.
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NewsBurton’s lands a catch at last with Thomas Fudge’s acquisition
After failing to land a number of key acquisition targets in recent years, Burton’s Biscuit Co has snapped up premium biscuit manufacturer Thomas Fudge’s from private equity owner Livingbridge.
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NewsOcado shares burnt by Andover blaze
Ocado boss Tim Steiner hailed the company’s “18-year overnight success” on Tuesday, but it was another overnight event that rocked the market this week.
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NewsSupermarket prices rise again after Christmas cuts
The Grocer Price Index moved back into annual inflation of 0.4% in January compared with a 0.4% price drop in December
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NewsPork product duo turn to crowdfunding to improve scale
Serious Pig and Cannon & Cannon have both turned to the crowd to scale up their retail presence.
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NewsUnilever moves into snacking with £150m Graze acquisition
The Anglo-Dutch group’s first deal under new CEO Alan Jope was sealed this week.
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Comment & OpinionOcado and M&S: there's no smoke without fire
The fire is a serious blow to Ocado in the short term, with 10% of its UK capacity taken out
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NewsCity snapshot: High street suffers worst January since 2013
The UK retail industry suffered its worst start to the year since 2013, according to the monthly BDO High Street sales tracker. Plus, Brexit preparations and turnaround costs drive Kellogg’s to fourth quarter loss and Cranswick and Ocado shares plunge
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NewsMedia Bites 8 Feb: Premier Foods, Ocado, Cranswick
The former chief executive of Premier Foods, Gavin Darby, has been awarded a golden handshake worth at least £1.1m from the heavily indebted foodmaker.