All Finance articles – Page 434
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NewsUK braced for fizzy drinks shortages as suppliers scramble for CO2
A Europe-wide shortage of CO2 is hitting production of carbonated drinks, with sources describing the situation as a ‘mad scramble’ and ‘a perfect storm’
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NewsNew logistics deal for Morrisons and DHL to create 500 jobs
The supermarket has awarded a contract for DHL Supply Chain to manage its wholesale logistics operations for six years
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NewsNestlé to build £55m UK logistics warehouse
Nestlé is investing £55m into creating a state of the art logistics warehouse in the UK, which it claims will be one of the most advanced distribution centres in the world.
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NewsMedia Bites 19 June: Sainsbury's/Asda, Ocado, Deliveroo
The proposed £7.3bn merger of supermarkets Asda and J Sainsbury could endanger competition, encourage price co-ordination and result in suppliers charging higher prices to smaller retailers.
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NewsWilliam Jackson swoops for food service ingredients specialist Wellocks
William Jackson Food Group has further built its food service portfolio with the acquisition of ingredients supplier Wellocks.
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NewsM&S new chief finance officer to join in July
Singer will be working closely with CEO Steve Rowe and the senior leadership team as they continue to accelerate the pace
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NewsCMA responses to Sainsbury's-Asda deal reveal widespread concerns
It is understood the authority received around 30 responses from individual accompanies and a raft of trade bodies, most of which are believed to have been hostile to the deal
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NewsTesco chairman pledges more diverse board
‘We aren’t there as fully as we need to be’ on diversity, John Allan has said
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NewsCity snapshot: Coca-Cola mulls £3bn swoop for GSK’s Horlicks
Coca-Cola is reported to be one of the clutch of multinational fmcg firms lining up to bid for Horlicks after GlaxoSmithKline decided to sell the 145-year old business. Plus, packaging firm DS Smith posts strong rise in sales and profits, Heineken to invest £40m in UK pubs and all the rest of the latest news from the City.
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NewsMedia Bites 18 June: Poundworld, Tesco, Sainsbury's, Iceland
Private equity shows how to make a dog’s dinner on the high street, writes The Times (£), citing Poundworld, Prezzo, Debenhams in the list of businesses that have confounded the buyout barons.
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NewsFarmdrop secures £10m in funding to expand across UK
This brings the total raised by Farmdrop to over £20m since its launch in 2014
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NewsCidermaker Thatchers' sales rocket 17% to grow profits
The manufacturer of Thatchers Gold and Thatchers’ Haze brands hit sales of £84.9m on the back of increased marketing investment
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NewsSainsbury's letter promises suppliers great opportunities
Sainsbury’s letter to suppliers promises ‘opportunity to streamline’ and to develop differentiated product ranges
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NewsRejuvenation Water seeks £150k investment from crowd
The drinks company, which has focused on health-driven consumer trends with the high protein drink, has returned to the cr…
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NewsPukka Herbs' losses mount despite 28% jump in annual sales
Revenues continued to soar at organic herbal tea brand Pukka Herbs, but losses mounted in the year leading up to its acquisition by Unilever.
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NewsConviviality Retail unsecured creditors owed £31m at time of collapse
The retail arm of stricken alcohol business Conviviality went into administration with unsecured creditors of £31.3m, newly released documents have revealed.
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NewsBooths abandons sale plan in favour of driving recovery
The chain, which has 28 stores, appointed investment bank Rothschild in November to examine options including a sale
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Analysis & FeaturesPoundworld: as rivals flourish, what went wrong?
In a year punctuated by high street insolvencies, the biggest so far in job loss terms loomed this week as Poundworld appinted administrators
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NewsFood Warehouse expansion drives 8% Iceland annual sales rise
Sales at Iceland rose 8% for the year ending 30 March 2018 driven by the expansion of its Food Warehouse concept and improved organic growth in the fourth quarter.
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NewsMedia Bites 15 June: Unilever, Majestic Wine, Farmdrop
Unilever has said it is “extremely” unlikely to stay in the UK’s FTSE 100 index once it shifts its corporate headquarters to the Netherlands