All Finance articles – Page 477
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NewsMedia Bites 30 May: Ocado, Pret A Manger, Deliveroo
A surge in the value of online supermarket Ocado in recent weeks means it is poised to become one of Britain’s top 100 stock market-listed companies following the quarterly reshuffle of the FTSE 100 index.
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NewsCawston Press raises £1m investment for continued expansion
Upmarket soft drinks brand Cawston Press has secured £1m in investment following an equity fundraising round to support the fast-growing company’s expansion
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NewsUK pet retailer snapped up by private equity buyer
The UK’s second largest pet retailer Jollyes Retail Group has been acquired in an MBO backed by mid-market private equity firm Kester Capital
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NewsSainsbury's-Asda supplier threat 'critical' to CMA probe
MP also reveals letter from Mike Coupe predicting senior management departures
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NewsIceland opens first Norwegian food store
The store in Asker, Greater Oslo opened on Wednesday, with a second set to open in Larvik, Vestfold county in June
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NewsCity snapshot: Pret A Manger sold for £1.5bn to JAB
Krispy Kreme owner JAB will acquire sandwich chain Pret a Manger from majority owner Bridgepoint and other minority shareholders for an undisclosed sum thought to be around £1.5bn. Plus all the rest of the latest news from the City.
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NewsMedia Bites 29 May: Sainsbury’s, Iceland, Which?/WH Smith
Sainsbury’s has admitted to MPs it will cut management jobs as part of its £14.1bn merger with Asda.
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NewsGreencore: investors struggling with US investment case
Investors have struggled to understand the investment case for Greencore in the US…
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NewsCity snapshot: Pernod Ricard signs whisky JV in Myanmar
French spirits group Pernod Ricard has signed a joint venture with Myanmar-based Yoma Strategic to become the first global drinks group to enter the country. Plus, Australian retial group Wesfarmers cuts its losses in the UK and all the rest of the latest news from the City.
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NewsMedia Bites 25 May: Diageo, Sainsbury's, Tate & Lyle
Diageo has kicked off an auction of US-focused spirits brands including Goldschlager, a cinnamon schnapps it has owned for more than 20 years, according to Sky News.
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NewsFood & drink exports boosted by EU sales growth
UK Food and drink exports jumped up 5.5% in the first quarter of 2018, driven by strong growth in EU markets
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Analysis & FeaturesCitrus greening disease sends prices up
The impact of citrus greening disease has reduced the sweetness of oranges in the US
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NewsSainsbury's confirms increase to hourly base pay rate
The retailer said the move will give 121,000 store colleagues an average pay rise of 9.3%
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NewsPoundworld to close 117 stores by 31 August under terms of CVA
A document seen by The Grocer lays out details of a rescue plan for the ailing variety discounter, following a below expectation Christmas trading period and stock availability issues resulting from the loss of credit insurance for suppliers
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NewsCity snapshot: Stronger pricing boosts bottom line at Tate & Lyle
Tate & Lyle has posted a 23% jump in full year pre-tax profits despite falling sales of its key Sucralose sugar substitute product as improved pricing boosted margins. Plus, PayPoint posts a rise in annual sales and profits, driven by increased retail penetration, Tesco and Booker director takes chairman role at C&C Group and all the rest of the latest news from the City.
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NewsMedia Bites 24 May: M&S, Britvic, Dairy Crest
The papers are full of the woes of Marks & Spencer this morning, after the UK retail stalwart posted a 62% plunge in annual profits yesterday.
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Comment & OpinionM&S needs food innovation – and fast
The high street is in structural decline, but the issues at M&S run deeper than that
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NewsAF Blakemore's Gateshead depot sold to UWG
The deal protects the jobs of 45 existing members of staff and will see the depot move to new ownership in June
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NewsBritvic eyes low sugar opportunities after factory closure dents first half earnings
Robinsons maker Britvic has said an increased focus on low and no sugar brands could work to its advantage after a first half which was impacted by the closure of its Norwich factory.
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NewsChris Kirke takes over from Janet McCollum as Moy Park CEO
Ex-boss of Greencore’s US division hired to ‘drive accelerated growth’ says owner Pilgrim’s Pride