All Finance articles – Page 432
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NewsMedia Bites 29 Nov: Altria/Juul Labs, Unilever/Horlicks, Black Friday
Altria, the company behind Marlboro cigarettes, is in talks to take a stake in Juul Labs, the US$16bn ecigarette start-up that has seized three-quarters of the US vaping market since its launch in 2015, according to the FT.
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NewsCity snapshot: Shop price inflation returns amid rising food prices
Food inflation accelerated in November although total shop prices remained almost unchanged since last Christmas. Plus Unilever is reportedly in exclusive talks to finalise a deal for GlaxoSmithKline’s Horlicks.
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NewsMedia Bites 29 November: Brexit, Horlicks, Greggs
The UK’s food and drinks industry expressed support for Theresa May’s withdrawal agreement from the European Union at a parliamentary hearing
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NewsCompany Shop to double store portfolio following £4.2m cash boost
The food surplus distributor is driving forward with expansion plans after securing funding from Lloyds bank’s commercial arm
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Comment & OpinionWhy an 80% profit drop needn’t worry Pets at Home
Despite today’s results, the outlook for Pets at Home isn’t as gloomy as it seems
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NewsAmazon calls end to Restaurants takeaway delivery service
Amazon Restaurants first launched in Seattle in 2015 before coming to London in 2016
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NewsMedia Bites 27 Nov: Black Friday/Cyber Monday, UK pubs, Cake Box
Black Friday turned ‘bleak Friday’ for bricks and mortar retailers this year as shoppers flocked online to pick up bargains.
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NewsCity snapshot: Lower pig prices hold back Cranswick’s first half growth
Protein supplier Cranswick has posted first half revenue growth of just 0.6% as export sales fell back. Plus, Greggs upgrades full year expectations on strong autumn trading and William Jackson Food Group agrees to buy premium olive oil brand Belazu.
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NewsWilliam Jackson buys premium vinegar and olive oil brand Belazu
The transaction marks the Yorkshire-based group’s second deal since its sale of Aunt Bessie’s in June
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NewsWaitrose downsizes Tesco price-match promise
Waitrose’s Brand Price Match now covers 1,200 lines instead of 8,000
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NewsCake Box half year profits jump 34% in first post-IPO trading update
Cream cake retailer Cake Box saw adjusted profits surge 34% in its first half year results since launching its IPO on the AIM market in June
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NewsMedia Bites 26 November: Retail sales, 2 Sisters, Waitrose
Black Friday weekend was difficult for UK retailers with footfall in shops down sharply
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Analysis & FeaturesItalian wine retailer Vini Italiani rescued from administration
Italian wine specialist Vini Italiani has been rescued from administration in a deal saving 20 jobs.
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News'Skinny' alcohol brands look to the crowd to tap interest in healthier drinking
Two ‘skinny’ alcohol brands are looking to raise expansion capital to cash in on growing demand for healthier booze alternatives.
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Analysis & FeaturesCity News: Majestic Wine's turnaround hits the buffers
Majestic Wine investors were nursing a sore head on Thursday as the retailer plunged to a half-year loss three years into its supposed turnaround plan.
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NewsProfits slide 25% at Stateside Foods
The supplier saw pre-tax profit slide 25% to £5.2m for the year ended 28 Feb 2018
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NewsPlant-based supplier Gosh hires advisors to explore sale
The supplier has hired corporate finance firm Houlihan Lokey to “consider strategic options”…
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NewsSourced Market smashes £750k crowdfund target
The upmarket retailer and deli business hopes to grow to 20 stores in the next five years
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NewsTulip cuts 100 staff as profits continue to fall
Turbulence on the world market, low global prices for pork and a strong euro have battered profits
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NewsGrocemania raises £77k in crowdfunding for expansion
The funds include nearly £20k from the firm’s director and founder