All Finance articles – Page 438
-
NewsTesco urges suppliers to cut prices and feel Booker benefit
New UK CEO Charles Wilson and chief product officer Jason Tarry have already confronted its 39 biggest suppliers over “anomalies” in their price files
-
NewsCity snapshot: Russell Hume creditors hopeful of returns from collapsed meat wholesaler's £23.2m assets
Creditors of scandal-hit meat wholesaler Russell Hume are set to receive 60p-80p in the pound on their debts as the collapsed business had assets of £23.2m before its collapse.
-
NewsMedia Bites 13 April: 2 Sisters, WH Smith, Greene King
Hundreds of poultry workers in Scotland are to lose their jobs due to the closure of a plant belonging to 2 Sisters Food Grou
-
NewsRussell Hume 'in good financial health' before collapse
The supplier held £13.6m-worth of food stock, had no secured debt in place, and had £9.6m cash at the bank
-
Analysis & FeaturesAction on cocoa output pushes up cocoa butter prices
The Ivory Coast Coffee and Cocoa Council last month suspended programmes for the 2017/18 season
-
Analysis & FeaturesMartin Race of Bestway on its £7.25m swoop for Conviviality
As Bestway appears to have landed its very own bargain booze deal with a £7.25m swoop for Conviviality Retail, MD Martin Race talks about the rationale for the deal and plans for the future
-
Analysis & FeaturesPalm oil prices fall as production rebounds
Palm oil was this week trading near 2,4000 Malaysian ringgit (£463) a tonne
-
NewsFormer Nisa boss Nick Read appointed CEO at Extra Energy
He replaces founder Moti Ben-Moshe, who is taking up a new role as executive chairman of the independent energy supplier
-
NewsCity snapshot: WH Smith improves food offer as performance hold steady
WH Smith (SMWH) has posted pre-tax profit down 1% from £83m to £82m on static group revenue of £643m in the half year to 28 February. Plus, Greene King’s shares rise on bullish profits guidance and all the rest of the latest news from the City.
-
NewsMedia Bites 12 April: Tesco, Carrefour, Hammerson, EU food regulation
The papers focus on Tesco’s “comback” in defiance of the wider gloom on high streets and three years after the accounting scandal which plunged it into crisis.
-
NewsScottish retailers 'hardest hit' with store closures
PwC research compiled by the Local Data Company showed almost 300 high street retail closures in Scotland
-
Comment & OpinionSuppliers search for clues as Tesco-Booker hints at future strategy
Booker boss (and Tesco’s newly installed UK CEO) Charles Wilson, together with Tesco chief product officer Jason Tarry, have held initial talks with 39 of Tesco’s biggest suppliers and will summoning smaller suppliers soon
-
NewsTesco's profits jump: what the analysts say
Tesco’s profits jump: here is how analysts and other experts reacted to the results
-
NewsKay Group puts soaring profit down to food-to-go innovations
Kay Group puts soaring profit down to food-to-go innovations
-
NewsNisa reports 26% sales hike as store numbers increase
The results come ahead of the CMA’s phase one ruling on the Co-op’s acquisition of Nisa, due to be published by 23 April
-
NewsTesco profits jump 28% as it 'moves quickly' to deliver Booker synergies
Tesco has reported “another year of strong progress” with the ninth consecutive quarter of growth and said it was “moving quickly” to deliver synergies and access new growth from the completion of the merger with Booker.
-
NewsMedia Bites 11 April: High street closures, Vivo, Hershey
“Crisis on the high street”, trumpets The Daily Mail, which highlights a report by PwC showing 16 stores closed every day last year
-
NewsBrewDog buys 'urban cider' brand Hawkes for undisclosed sum
Hawkes’ founder Simon Wright will remain at its helm and existing staff retain their roles…
-
News2 Sisters pledges 90% recyclable plastic packaging by 2020
The company said the move would almost double the amount of recyclable packaging used in its supply chain, which currently stands at 47%
-
Comment & OpinionMorrisons and Tesco look to revive fortunes of own-label value brands
Overhaul of Morrisons’ own-label budget range, with new packaging and prices cut to as low as 20p for some everyday food items, involves more than 250 SKUs at launch