All Finance articles – Page 444
-
News
City snapshot: Grocery inflation rises as soft drinks prices spike
Supermarket price inflation rose again last month as the advent of the ‘sugar tax’ caused a spike in the price of soft drinks. Plus, packaging group Smurfit Kappa Group posts underlying first quarter growth of 7%, Kellogg’s organic net sales rise 0.6% in Q1 and all the rest of the latest news from the City.
-
News
Media Bites 4 May: Sainsbury’s/Asda, Tesco, Brexit
MPs have written to the Competition and Markets Authority (CMA) requesting more information about its proposed scrutiny of the Sainsbury’s/Asda deal.
-
News
Minimum unit pricing hikes cost of booze in Scotland
Shoppers this week faced price rises on more than 600 booze SKUs in Scotland
-
News
Almost 45,000 retailers in "significant financial distress" after difficult first quarter
The number of retailer under “significant financial distress” in the UK has increased 21% following a quarter of decreased consumer spending
-
News
The Collective wins New Zealand funding for global expansion
Yoghurt brand The Collective has secured funding from a New Zealand private equity house
-
News
City snapshot: Kerry volumes up 3.7% in first quarter
Global taste & nutrition and consumer foods group Kerry has posted 3.7% growth in business volumes in the first quarter of 2018 and reaffirmed its earnings guidance for the full year. Plus, organic net sales fall again at Kraft Heinz, food inflation edges up according to BRC-Nielsen and all the rest of the latest news from the City.
-
News
Media Bites 3 May: Sainsbury’s/Asda, Ocado, Kraft Heinz
UBS research that found that two in five of Asda’s largest stores are a five-minute drive from a Sainsbury’s has increased the likelihood of the £7.3bn merger facing close scrutiny by the Competition and Markets Authority.
-
Comment & Opinion
Sainsbury’s-Asda merger shows 'Amazon effect' in action
Amazon has been a huge catalyst for change in UK grocery, says Natalie Berg of NBK Retail. And it’s been a key driver of the Sainsbury’s-Asda merger
-
News
EasyFood takeaway delivery service in talks with grocers
The service was launched in Birmingham last week and already has 200 subscriber restaurants
-
News
Adjudicator to cover Amazon and Ocado within a year
The Competition & Markets Authority has written to a raft of retailers in the past week, as GSCOP looks set to expand the existing list of 10 supermarkets
-
Comment & Opinion
Will the Sainsbury’s-Asda merger create a new retailer fit for the 21st century customer?
One of the biggest challenges the merged business faces is understanding its new, combined customer base, argues Paul Hinds of IRI
-
Comment & Opinion
The Sainsbury's-Asda merger will hurt suppliers
The comment that big food companies “make spectacular returns and are very, very profitable” is an ominous opening gambit, says Warren Ackerman of SocGen
-
News
City snapshot: Ocado signs international supply deal with Sweden's ICA
Ocado has signed its latest international supply deal with Sweden’s leading grocery retailer, ICA Group, which has about 1,300 stores. Plus, new non-execs at PZ Cussons, Mondelez posts first quarter organic revenue growth of 2.4% and all the rest of the latest news from the City.
-
News
Media Bites 2 May: Sainsbury's/Asda, Market share, Co-op/Nisa
The UK Pensions Regulator is in “active discussions” with Sainsbury’s about its proposed merger with Asda and the impact this will have on both companies’ retirement schemes
-
Comment & Opinion
Minimum Unit Pricing: sensible strategy or temperance tantrum?
It’s a fiercely controversial bit of legislation – heralded by some as a pioneering move to save lives. But others see it as a sign of the temperance lobby’s steady creep towards power …
-
News
New Fairtrade chair Mark Price insists it can 'bounce back'
Lord Price will take over the position from business strategy consultant Michael Jary
-
News
City snapshot: Grocery growth eases to slowest rate for a year amid 'pivotal moment'
The overall grocery market grew at its slowest rate for over a year at 2%, while a combined Sainsbury’s and Asda would result in a combined entity with a potential grocery market share of 31.4% according to Kantar Worldpanel. Plus, the latest market share figures from Nielsen, Just Eat’s first quarter sales jump 49%, DS Smith posts pre-close update and all the rest of the latest news from the City.
-
News
Media Bites 1 May: Sainsbury’s/Asda – analysis, predictions and song
A swathe of media coverage is dedicated to the shock Sainsbury’s and Asda merger announced yesterday, looking at the CMA investigation, industry consolidation and Sainsbury’s boss Mike Coupe’s show tunes.
-
News
Luxury cereal start-up Spoon seeks £250k investment from the crowd
The business, founded in 2013, is currently experiencing 100% like-for-like sales growth
-
Analysis & Features
Sainsbury’s and Asda merger: the key facts and figures
Your at-a-glance guide to what you need to know about the mega merger that shocked the UK grocer market