All Finance articles – Page 462
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NewsMedia Bites 30 Jan: Patisserie Valerie, Tesco, Price inflation
The PE firm that rescued Little Chef from collapse is among the front runners in the race to acquire most of the remaining Patisserie Valerie business
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NewsJobs at risk as Oddbins prepares to appoint administrators
The wine merchants is preparing to enter administration for the second time in eight years
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NewsCrediton Dairy invests £12m to increase processing capacity
The investment at Crediton’s headquarters will see it build a second production hall containing two new high-speed fillers
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NewsFood to go drives 5.8% organic first quarter uplift for Greencore
Sandwich giant Greencore has posted a 5.8% rise in first quarter like for like sales.
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NewsMedia Bites 29 Jan: No-deal Brexit, Tesco, Oddbins
A no-deal Brexit threatens the UK’s food security and will lead to higher prices and empty shelves in the short-term, retailers are warning.
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Comment & OpinionTesco’s counter-cutting move is ruthless but right for the business
Tesco admits at least 4,500 staff are expected to leave the business in the latest in a seemingly never-ending round of cuts
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NewsProfits grow at Young’s Seafood as sale process stalls
EBITDA jumped 13.3% to £23m in the full year to 30 September 2018
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NewsPatisserie Valerie rescue talks planned for next week
Administrators for Patisserie Valerie and the chain’s management team are expected to meet potential bidders next week in a bid to strike a rescue deal for the collapsed cake retailer.
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NewsSupermarkets warn of chaos and empty shelves threat from no-deal Brexit
The letter signed by supermarket chiefs said without a deal ‘millions’ of UK consumers would suffer
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NewsTesco confirms major restructure plans to staff
The UK’s biggest retailer is thought to be planning an overhaul of its fresh food counters and bakeries
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NewsCity snapshot: Tesco reportedly to 'cut up to 15,000 jobs' by axing fresh food roles
Tesco to embark on a fresh round of cost-cutting, Ocado and M&S in secret talks and the rest of the news from the City
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NewsMedia Bites 28 Jan: Tesco, Ocado/M&S, Patisserie Valerie
Tesco could axe up to 15,000 jobs in a cull that is expected to put some of its meat, fish and delicatessen counters in the firing line.
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Comment & Opinion'Business as usual' as buyer sought for Patisserie Valerie
An “avalanche of names” have expressed an interest in collapsed cake specialist Patisserie Valerie
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Comment & OpinionBrand investment pushes Higgidy to annual loss
Premium pie maker Higgidy has fallen to a pre-tax loss as investment into its brand and new products hit its bottom line.
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NewsSamworth Brothers to close Kensey Foods dessert business
The proposed closure of the Launceston-based factory has put 650 jobs at risk
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NewsCrawshaw owed more than £15m after administration
Crawshaw Group shut 35 of its 54-store portfolio across the north and Midlands when it crashed into administration in October
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NewsCity snapshot: Asahi buys Fuller’s beer business for £250m
Japanese drinks giant Asahi has acquired British brewer Fuller’s entire beer business, Irn-Bru maker AG Barr predicts a rise in profits despite “uncertainty” and the rest of the City news
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NewsMedia Bites 25 January: Fever-Tree, Patisserie Valerie, Allergy labelling
Fever-Tree, the British maker of premium tonic waters catering to a growing taste for speciality gins, said its 2018 sales had run ahead of management expectations
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NewsOnline wine retailer WineDirect suspends trading after entering administration
Fermentation Ltd, the company behind WineDirect and JustInCases.co.uk, hired administrators last week
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NewsFeverTree reports 39% full year sales jump
FeverTree has reported a 39% surge in annual revenues for its full 2018 financial year, driven by 52% growth in its home market.