All Finance articles – Page 474
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NewsCommodity cost increases and weak pound hit profits at Filippo Berio
Premium olive oil supplier Filippo Berio saw a fall in profits despite 8% sales growth as it was impacted by increasing commodity costs and a weaker pound
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Analysis & FeaturesWilliam Jackson Food Group pledges to reinvest Aunt Bessie's cash
William Jackson Food Group has pledged to plough cash back into the business after agreeing a bumper £210m sale of its key Aunt Bessie’s brand to Birds Eye owner Nomad Foods
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NewsSainsbury’s boss Mike Coupe receives 46% pay boost
Sainsbury’s chief executive Mike Coupe has been handed an annual pay package worth £3.43m after receiving higher performance-related bonuses during the year.
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Comment & OpinionCould a unified company vision save WH Smith from the high street scrapheap?
The retailer needs to align the whole organisation with one consistent vision, tell one story and speak with one voice, argues Chris West of Verbal Identity
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NewsBig brands lose listings in Tesco's latest Project Reset
Higgidy, Kerrygold and Danepak are among the big brands to have lost shelf space
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NewsCharlie Bigham's adds capacity as it records 18% profits rise
The upmarket ready meal manufacturer saw pre-tax profits rise to £4.1m for the year ending 31 August 2017, after sales rose 7.5%
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NewsPies & pastries supplier Peter's embarks on refinancing deal
Welsh pies and pastries supplier Peter’s is undergoing an emergency multimillion refinancing after falling to a pre-tax loss of £2.6m last year
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NewsWH Smith exceeds expectations with solid third quarter sales
WH Smith’s “profit-focused strategy” seems to be winning more friends in the City than it has on the high street
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NewsShortages and Ramadan demand set to hike watermelon prices
Warm temperatures in the UK have increased demand for the fruit
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NewsCity snapshot: Supermarket inflation eases to 1.1% in May
The Grocer Price Index measure of supermarket inflation fell from 1.2% to 1.1% as Tesco recorded its lowest level of inflation for almost a year. Plus Distil shares rise after year of double-digit growth and all the rest of the latest news from the City.
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NewsMedia Bites 8 June: Costa Coffee, M&S, Poundworld
Whitbread has mooted the possibility that it could sell its Costa Coffee or Premier Inn businesses rather than pursue its proposal to demerge its coffee business within the next two years.
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NewsTesco inflation falls but it's still running ahead of rivals
Tesco has recorded its lowest level of inflation for almost a year as the UK’s biggest supermarket looks to step back into line with the other major players.
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NewsM&S chief executive Steve Rowe's earnings slashed by almost a third
The cheif executive of the high street retailer saw his earnings for the year fall by more than £500k, the company’s annual report revealed
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Comment & OpinionMeat, fish and dairy companies must invest in innovation - or risk being disrupted
A new index for investors finds meat, fish and dairy companies are not doing enough to respond to disruption from alternative proteins. FAIRR’s Aarti Ramachandran explains why.
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NewsPoundworld buys time with intention to appoint administrators
The process gives the chain 10 working days’ protection from creditors, after which an administrator will be appointed
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NewsCMA launches phase one inquiry into MFG's takeover of MRH
The CMA’s decision on whether to wave the deal through or proceed to a more in-depth phase two inquiry is expected by 6 August.
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NewsGrocemania restarts crowdfunding following plagiarism claim
Grocemania’s push for £100k was pulled by Crowdcube in April
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NewsCity snapshot: Remy Cointreau upgrades earnings expectations
French spirits group Remy Cointreau has increased its sales and profits targets after posting a 14.1% increase in operating profits last year. Plus, new CFO for Irish agri-services group Origin Enterprises and all the rest of the latest news from the City.
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NewsMedia Bites 7 June: Asda/Sainsbury's, Poundworld, WH Smith
Asda’s headquarters in Leeds is to be demolished and hundreds of Sainsbury’s staff moved from London, following the £14.1billion merger of the two supermarkets, writes The Daily Mail.
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NewsProspective buyer of Poundworld reported to have withdrawn
Alteri Investors pulled out of negotiations within the last 24 hours, according to Sky News