All Finance articles – Page 458
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NewsTrewithen Dairy boosted by new contracts and expansion
Turnover rises to £32m according to supplier’s accounts, while branded sales top £11m
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NewsPalmer & Harvey creditors owed more than £700m, PwC report reveals
Creditors of Palmer & Harvey are facing losses of more than £700m following the collapse of the wholesaler late last year, a report by administrator PwC, seen by The Grocer, has revealed.
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NewsMD Scott Malcolm to exit Scottish Spar wholesaler CJ Lang
Malcolm is relinquishing his role as MD after nine years to pursue other interests
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NewsTesco scrapping over 1,700 management jobs
Tesco is doing away with the roles of people manager and compliance manager in its large stores and fulfilment centres
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NewsBacardi snaps up posh tequila Patrón in $5.1bn deal
Bacardi said the deal would make it ‘the number one spirits player in the super-premium segment in the US’…
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NewsCandy Kittens sells stake to German confectionery giant Katjes
Candy Kittens, the UK sweets startup co-founded by Made in Chelsea star Jamie Laing, has sold a “significant” minority stake to German confectionery company Katjes Fassin.
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NewsCity snapshot: SSP Group’s revenues up 13.5% in first quarter
Travel food specialist SSP Group has increased sales by 13.5% in the first quarter, driven by like-for-like growth, contract wins and global expansion. Bacardi buys Patrón Spirits for $5.1bn, UK snow hits Christmas trading at Marston’s, Ocado’s shares surge 28% on Canada tie-up and all the rest of the latest news on a busy morning in the City
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NewsMedia Bites 23 Jan: Tesco, Ocado, Nestlé
“Managers in firing line as Tesco jobs go” is the leading story in this morning’s edition of The Times.
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NewsSebastian James appointed senior VP and MD of Boots
James, who has held the top job at Dixons Carphone since 2014, will take on his new role at Boots in September
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NewsMedia Bites 22 Jan: Poundland, Amazon, Fevertree
Private equity firms have begun circling Poundland amid expectations that its scandal-ridden South African owner could be forced to sell the high street chain.
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NewsCity snapshot: Ocado signs Canada supply deal with Sobeys
Ocado has signed an agreement with Canada’s second largest food retailer Sobeys to develop an online grocery business using its Smart Platform technology.
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Analysis & FeaturesGoodfella's sale plots new course for 2 Sisters
2 Sisters’ dastardly plot to corrupt MPs with a packet of biscuits may have caused some embarrassing headlines this week, but the sale of its Goodfella’s pizza brand to Nomad is a genuinely significant moment in the evolution of the UK’s second-largest food business.
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NewsSHS Group tipped to be closing in on Meridian
Nut butter brand Meridian is close to a £50m takeover, with SHS Group poised to win the highly competitive auction.
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NewsPremier Foods boosted by non-branded, discounter sales
More evidence has emerged that Premier is tapping into discounter growth to boost sales…
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NewsSymington's recovery on track following drive to reduce costs
Symington’s is back into the black as a turnaround strategy has started to yield results…
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NewsJudith McKenna set to helm Walmart's international division
McKenna would take over from current international boss and fellow Brit Dave Cheesewright, said Bloomberg
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NewsCity snapshot: SHS Group tipped as winner of £50m Meridian auction
Nut butter brand Meridian is closing in on a £50m takeover, with SHS Group as poised to win the highly competitive auction according to City insiders. Plus FeverTree surges on takeover whispers, ABF shares hit by sugar weakness and all the rest of the latest news from the City.
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NewsMedia Bites 19 January: Steinhoff, FeverTree, ABF, Costa
Steinhoff International, the scandal-hit South African retail conglomerate, is in talks with banks to secure additional financing to keep the company afloat.
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NewsPalmer & Harvey vans, lorries and trailers to go into auction
The vehicles that will be auctioned on Tuesday and Wednesday next week
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News2 Sisters defends Efra MPs ‘biscuit-gate’ gift
The supplier sent members of the Committee hampers of biscuits following CEO Ranjit Singh’s appearance in October