All Finance articles – Page 446
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NewsCity snapshot: Retail staff numbers drop 2.5% in the first quarter
The British Retail Consortium has published its retail employment monitor for the first quarter, which shows total hours fell 3.2%, while the total number employed dipped 2.5%. Plus, trading updates from voucher provider Park, quarterly results from GlaxoSmithKline and Dr Pepper Snapple and all the rest of the latest news from the City.
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NewsMedia Bites 26 April: Whitbread, Plastics Pact, DRS
The papers dissect Whitbread’s decision to spin off Costa Coffee
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NewsSports nutrition drives 4.8% first quarter growth for Glanbia
Global nutrition group Glanbia has reported 4.8% revenue growth in the first quarter of 2018 at constant currency with a solid performance from its nutrition interests, US cheeses and its joint ventures.
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NewsWhitbread announces Costa spin-off plan
Whitbread has announced its intention to demerge Costa following pressure from activist American investors.
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NewsMedia Bites 25 April:John Lewis Partnership, Walmart, Coca-Cola
A little less than two thirds of a key council of John Lewis Partnership employees backed a proposal last May to support chairman Sir Charlie Mayfield’s “leadership and the continuing progress of the partnership” in its first secret ballot in more than a decade.
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NewsCoca-Cola Co buoyed by Zero Sugar's double digit growth in first quarter
Increasing sales of healthier soft drinks buoyed Coca-Cola in the first quarter, as it recorded volume growth of 3%.
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Analysis & FeaturesCryptocurrencies: is there a business case for Bitcoin?
Digital startups and forward-thinking high street franchises are beginning to accept cryptocurrency in UK outlets
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NewsCity snapshot: CMA clears £137.5m Co-op deal with Nisa Retail
The Competition and Markets Authority (CMA) has ruled on the proposed £137.5m merger of The Co-operative Group with Nisa Retail, which it said did not give rise to competition concerns.
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NewsMedia Bites 24 April: Whitbread, The Co-op, Kimberly-Clark
The City will focus on the language Whitbread chief executive Alison Brittain uses tomorrow when she announces the Costa Coffee owners’ full-year results in light of activist investors Sachem Head’s and Elliott Capital Advisors’ pressure for a split
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NewsReal Good Food completes sale of ingredients arm to address losses
Cake and decorations specialist Real Good Food has sold its ingredients business Garrett’s as part of its cost-reduction efforts.
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Comment & OpinionAs takeover gets go-ahead, Co-op will need swift success to satisfy Nisa members
The Co-op will have to quickly get to grips with dealing with thousands of individual and fiercely independent business owners
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NewsVaping business Supreme reveals stock market float plans
E-cigarette liquid specialist Supreme Exports has announced its intention to start trading on the London Stock Exchange
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NewsCo-op's Nisa takeover gets green light from the CMA
The Co-op now expects the deal to be fully completed early next month, after Competition & Markets Authority waved through the £137.5m takeover
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NewsEuro Garages enters US as Kroger forecourts deal goes through
The forecourt operator struck a £2.2bn deal with retail giant Kroger to acquire its store network in February
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NewsCity snapshot: English wine exports help Chapel Down sales jump 15%
Chapel Down has reported year-on year sales up 15% from £10.2m to £11.8m and continuing EBITDA up 29% from £750,000 to £968,000. Plus, YO! Sushi has bought Taiko Foods, a supplier of sushi products to the supermarket sector, as part of its plan to create a global multi-format and multi brand sushi business and all the rest of the latest news from the City.
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NewsMedia Bites 23 April: Yo! Sushi/Taiko Foods, Young’s Seafood, Consumer confidence
Restaurant group Yo! Sushi is poised to announce the purchase of Taiko Foods, a supplier of suishi, Asian food-to-go and dim sum to UK retailers, including Waitrose and Costco.
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InterviewsJoshua Lincoln of Majestic Wine on turning the business around
Sales at the wine business are growing in a turbulent UK wine market, and customer footfall is on the rise too
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NewsReckitt Benckiser tumbles on weak first quarter growth
Household goods giant Reckitt Benckiser (RB) fell sharply as modest first quarter sales growth failed to meet analysts’ estimates.
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NewsConcerns over pricing pressures in major Unilever markets
A €6bn gift to investors and better than expected organic growth were not enough to butter up Unilever investors
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NewsBrakes sales rise on Sysco takeover but ebit profits fall 30%
Profits were down 30% pro rata as the business comes under pressure from rising costs and multiple changes in its leadership