All Finance articles – Page 446
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News
Kraft Heinz hunts for organic and 'authentic' brands with startup incubator programme
The fmcg giant has launched Springboard, a new platform to nurture and support fast-growing disruptor brands
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Waitrose profits down by more than a third
Operating profit before exceptional items was down 32.1% to £172 million for the 52 weeks to 27 January
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Adjudicator launches investigation into Co-op over supplier delistings
Adjudicator Christine Tacon says ’there is reasonable suspicion’ that the retailer has been systematically delisting suppliers and is appealing for more information
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City snapshot: Domino's defies UK consumer caution with sales jump
Domino’s Pizza Group, the UK-based master franchise business, has shrugged of a the struggles of the high street dining sector by posting a double-digit rise in revenues. Plus all the rest of the latest news from the City.
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Media Bites 8 March: Jack Daniel’s, Energy drinks, John Lewis
The company behind Jack Daniel’s whisky has warned that it could become “an unfortunate and unintended victim” of Donald Trump’s steel tariff proposal
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Comment & Opinion
Coca-Cola’s diversification drive is raising eyebrows – but it’s a sensible move
With a soft drinks tax approaching in the UK, these innovations from companies are not as random as they may seem
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News
Potatoes and asparagus hit by 'Beast from the East' weather
Impact of last week’s weather could delay start of the asparagus season in some affected areas by about two weeks, growers have warned
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Comment & Opinion
Loyalty will be key at discount Tesco
Speculation that Tesco has a new discount store format in the works may have taken some by surprise
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News
Asahi loses big four listings after Super Dry beer relaunch
Tesco, Asda, Morrisons and Sainsbury’s have all dropped the beer since it relaunched in January with a new recipe
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City snapshot: Stock Spirits profits hit by tough conditions in Poland
Central and Eastern European spirits producer the Stock Spirits Group has revealed a year-on-year increase in revenue and sales, but a decrease in profits on troubles in its core Polish business. Plus, Aldi signs up to UK Plastics Pact, FTSE 100 dips on trade worries and all the rest of the morning’s news from the City.
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Media Bites 7 March: Sainsbury's, Just Eat, Coca-Cola
Sainsbury’s is facing opposition to a pay shake-up it says will give its 130,000 store staff a “leading rate” in the sector
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Strong US performance returns PureCircle to double-digit growth
Stevia sweetener producer PureCircle has returned double digit growth of 13.3%, driven by an excellent performance in the United States and Europe.
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Just Eat shares plunge 11% after shock £180m write-down
Just Eat shares have dropped by 10.8% today after the company revealed a £180m write-down on the value of its Australian and New Zealand business drove it to a £76m full-year loss.
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Sainsbury's to boost wages of in-store staff
The supermarket proposes to introduce the new base national pay rate from September, trumping Aldi’s £8.85ph….
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Freya Birch Spirit kicks off £750k funding drive to boost expansion
The brand’s owner, Pure Wild Spirits, has launched a campaign with online investment platform Growthdeck…
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City snapshot: Strong February propels grocery sales up by 3.2%
Grocery sales jumped by by 3.2% in the 12 weeks up to February 25, according to the latest grocery market share results from Kantar Worldpanel. Plus market share figures from Nielsen, sales surge at Just Eat but shares hit by surprise loss, PureCircle returns to growth and all the rest of the latest news from the City.
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Media Bites 6 March: Processed foods, Retail sales, UK Farming
A government health agency has said that that calorie intake of processed foods must be reduced by 20% by 2024
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News
Food growth drives 0.6% monthly increase in retail sales
Retail sales were up 0.6% in February, according to the BRC/KPMG Retail Sales Monitor, with strong food sales wholly responsible for overall growth.
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Stores returning to normal after Beast from the East chaos
The Co-op said it had to close 10 stores for ’a short period’ as supermarkets and convenience stores return to normal trading
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M-commerce helps drive soaring UK online retail sales
Marks & Spencer saw 6% growth in online sales in the past year