All Finance articles – Page 468
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NewsPalmer & Harvey sought to delay dividend payments as losses mounted
Collapsed wholesaler Palmer & Harvey renegotiated its onerous dividend payments to management to help mitigate rising losses according to its most recently filed accounts.
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NewsEuro Garages picks up 1,000 German Esso service stations
The deal means EG Group will operate about 3,500 stations across Europe…
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NewsHain Celestial buys UK sweetener producer Clarks
Hain Celestial has announced it has agreed to acquire Welsh sweetener supplier Clarks to sit within its wholly-owned Hain Daniels UK business.
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NewsNisa to supply McColl's stores in wake of P&H collapse
Nisa’s new short-term contract begins today
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NewsCity snapshot: McColl’s annual sales rise 19.1% but like-for-like sales slip in fourth quarter
McColl’s Retail Group (MCLS) has reported a 19.1% uplift in annual sales following the acquisition of 298 Co-op convenience stores, but like-for-like growth tailed off towards the end of the year. Plus a look ahead at finance news this week and all the latest news from the City.
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NewsMedia Bites 4 Dec: Food waste, Palmer & Harvey, Amazon, Simply Fresh
East of England Co-op will become the first major retailer to sell food beyond its “best before” dates.
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NewsFortnum & Mason credits record sales to tea and hampers
Tea sales spiked by 18% and the luxury retailer’s hampers also enjoyed a strong year, with sales up by 15%
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Comment & OpinionWho killed Palmer & Harvey?
From the 2008 MBO, Palmer & Harvey still chose to pay out £70m in interest payments to preferential shareholders. Why?
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NewsPots & Co raises £4.5m to invest in kitchens and drive growth
Pots & Co sells its ceramic dessert pots in Waitrose, Tesco, Sainsbury’s, Ocado, Whole Foods Market, Harrods, Booths and Selfridges
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NewsMorrisons vows to fight data leak compensation ruling
Retailer may be forced to make a large payout despite claiming it had done all it could to protect staff
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NewsTony Reed tells P&H colleagues and customers: 'I'm sorry'
Reed said he was ‘dreadfully sorry’ to all the stakeholders that he had been unable to save the wholesaler
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NewsGreencore steadies ship after year of 'building foundations'
Greencore’s share price had plunged by about 40% since March before releasing its annual financial results on Tuesday
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NewsCity snapshot: Pots & Co sells stake for £4.6m
Fast growing desserts supplier Pots & Co has sold a minority stake valuing the business at £36m. Plus a look at what else is in this week’s edition of The Grocer and all the latest news from the City.
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NewsMedia Bites 1 Dec: Fortnum & Mason, Greene King/Marston's, AB InBev
The boss of Fortnum & Mason, the 310-year-old upmarket grocer, has claimed that “brand Britain has been firmly damaged” by the uncertainty around Brexit
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NewsJJ Food Service looks to help P&H staff made redundant
Today’s Group has also expressed sympathy for P&H staff
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NewsFox's Biscuits MD Colin Smith is new CEO of Natures Way Foods
Smith is set to join the business from 16 April 2018, having previously held a range of senior roles at Müller
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NewsCMA dismisses Tesco-Booker merger impact on P&H collapse
Sources at the regulator stressed P&H had been facing financial issues for several years
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NewsMedia Bites 30 November: P&H, Costcutter, Britvic, Mars
The fallout from the collapse of Palmer & Harvey continues to dominate the papers.
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NewsCity snapshot: Greene King squeezed by fall in consumer confidence
Revenues increased 7.9% at the Greene King division that includes its off-trade activities but overall profits declined in the first half as under-pressure consumers stayed home more and ate out less. And, shares soar at rival brewer Marston’s after double-digit sales growth. Plus, consumer confidence falls for 20th month in a row; and interims from PayPoint.
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NewsMars buys stake in healthy snacks business Kind
Mars has invested in a minority stake in global snack bars manufacturer Kind as it seeks to boost its global healthy eating credentials