All Finance articles – Page 438
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News
City snapshot: Hotel Chocolat buys back £6.4m of customer ‘chocolate bonds’
Hotel Chocolat repays £6.4m of ‘chocolate bonds’ to fund growth. Plus, annual sales up 56% at UK wine supplier Gusbourne and Bayer sets date for $63bn Monsanto deal completion.
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News
Media Bites 4 June: Poundworld, Discounters, Addo Food Group
Alteri Investors, a turnaround firm backed by US hedge fund giant Apollo is closing in on a deal to buy Poundworld, the struggling discount retailer.
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News
Soulmate Food bought out of administration by Kettlebell Kitchen
Online healthy food delivery company Soulmate Food has been bought out of administration by health food supplier Kettlebell Kitchen, saving around 20 jobs
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Analysis & Features
Pret a Manger takeover: what the £1.5bn JAB deal means
MCA executive director and ex-Pret senior operations manager Simon Stenning explains how JAB’s acquisition will affect the UK food-to-go chain
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News
The Uncommon canned English sparkling wine seeks £25k from crowd
Canned English sparkling wine start-up The Uncommon has launched a crowdfunding campaign to raise £25k to create an urban winery
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News
Gressingham Foods buys Yorkshire Game in administration rescue deal
Wild meat producer Yorkshire Game has been bought by Gressingham Game after entering administration, saving 23 jobs
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News
Costco to roll out petrol stations to most of its locations
Senior VP for Europe Steve Pappas said Costco UK was “developing plans for other locations”, but was “unable to give a time” on when they would open
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News
Henderson Group hails 8.5% sales rise as 'tremendous'
Henderson Group CFO Ron Whitten heralded the results as “a tremendous performance”
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News
Pret a Manger readies US push after £1.5bn JAB deal
The deal will see JAB assume control of Pret after a decade of ownership by private equity group Bridgepoint
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News
UK petrol price surges after Trump's Iran withdrawal
Motorists are paying on average 5.5p more for unleaded and 6p more per litre for diesel than they were in April
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News
Chocolate startup MIA reaches out to crowd for £100k investment
Bean-to-bar chocolate startup MIA has reached out to the crowd to raise £100k in investment
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News
City snapshot: Costco third quarter sales miss expectations
Shares in global retail group Costco have slipped in the US despite a 12.1% third quarter sales boost as growth fell short of market expectations. Plus all the rest of the latest news from the City.
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News
Media Bites 1 June: Asda, Sainsbury's, Belgian chocolate
Asda’s profits tumbled sharply last year as it forked out £120m on slashing prices across hundreds of products.
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News
Tayto affiliate rescues Uvenco companies from administration saving 169 jobs
Three food and drink vending machine firms, which are subsidiaries of listed company Uvenco, have been rescued from administration saving 169 jobs.
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News
Mike Hedges to ‘spearhead expansion’ as Propercorn CEO
Hedges was previously UK managing director at Tyrrells
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News
Specialist Italian wholesaler Guidetti goes into liquidation
The company has been voluntarily wound up by its owners
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Comment & Opinion
Ocado and Flipkart deals prove Kroger and Walmart are serious about online grocery
It’s brilliant for the two US giants to prove there is a serious business case for online grocery, says Eagle Eye’s Tim Mason
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News
Home Run launches £500k crowdfunding campaign to expand grocery delivery service
Home Run currently delivers to 15 London postcode areas, or 36,000 individual postcodes
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News
City snapshot: Asda annual profits drop 13% as investment in price weighs on bottom line
Asda has posted a 13% drop in annual operatings profits as it invested in price and new products to regrow sales. Plus, Supermarket Income REIT has bought the Tesco Extra supermarket in Scunthorpe, plus all the rest of the latest news from the City.
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News
Media Bites 31 May: Grocery market share, B&M, IFS
Morrisons led the grocery pack in terms of sales over the past 12 weeks, spurred by demand for warm-weather items, according to Kantar World Panel.