All Finance articles – Page 482
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NewsThe Collective wins New Zealand funding for global expansion
Yoghurt brand The Collective has secured funding from a New Zealand private equity house
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NewsCity snapshot: Kerry volumes up 3.7% in first quarter
Global taste & nutrition and consumer foods group Kerry has posted 3.7% growth in business volumes in the first quarter of 2018 and reaffirmed its earnings guidance for the full year. Plus, organic net sales fall again at Kraft Heinz, food inflation edges up according to BRC-Nielsen and all the rest of the latest news from the City.
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NewsMedia Bites 3 May: Sainsbury’s/Asda, Ocado, Kraft Heinz
UBS research that found that two in five of Asda’s largest stores are a five-minute drive from a Sainsbury’s has increased the likelihood of the £7.3bn merger facing close scrutiny by the Competition and Markets Authority.
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Comment & OpinionSainsbury’s-Asda merger shows 'Amazon effect' in action
Amazon has been a huge catalyst for change in UK grocery, says Natalie Berg of NBK Retail. And it’s been a key driver of the Sainsbury’s-Asda merger
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NewsEasyFood takeaway delivery service in talks with grocers
The service was launched in Birmingham last week and already has 200 subscriber restaurants
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NewsAdjudicator to cover Amazon and Ocado within a year
The Competition & Markets Authority has written to a raft of retailers in the past week, as GSCOP looks set to expand the existing list of 10 supermarkets
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Comment & OpinionWill the Sainsbury’s-Asda merger create a new retailer fit for the 21st century customer?
One of the biggest challenges the merged business faces is understanding its new, combined customer base, argues Paul Hinds of IRI
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Comment & OpinionThe Sainsbury's-Asda merger will hurt suppliers
The comment that big food companies “make spectacular returns and are very, very profitable” is an ominous opening gambit, says Warren Ackerman of SocGen
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NewsCity snapshot: Ocado signs international supply deal with Sweden's ICA
Ocado has signed its latest international supply deal with Sweden’s leading grocery retailer, ICA Group, which has about 1,300 stores. Plus, new non-execs at PZ Cussons, Mondelez posts first quarter organic revenue growth of 2.4% and all the rest of the latest news from the City.
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NewsMedia Bites 2 May: Sainsbury's/Asda, Market share, Co-op/Nisa
The UK Pensions Regulator is in “active discussions” with Sainsbury’s about its proposed merger with Asda and the impact this will have on both companies’ retirement schemes
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Comment & OpinionMinimum Unit Pricing: sensible strategy or temperance tantrum?
It’s a fiercely controversial bit of legislation – heralded by some as a pioneering move to save lives. But others see it as a sign of the temperance lobby’s steady creep towards power …
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NewsNew Fairtrade chair Mark Price insists it can 'bounce back'
Lord Price will take over the position from business strategy consultant Michael Jary
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NewsCity snapshot: Grocery growth eases to slowest rate for a year amid 'pivotal moment'
The overall grocery market grew at its slowest rate for over a year at 2%, while a combined Sainsbury’s and Asda would result in a combined entity with a potential grocery market share of 31.4% according to Kantar Worldpanel. Plus, the latest market share figures from Nielsen, Just Eat’s first quarter sales jump 49%, DS Smith posts pre-close update and all the rest of the latest news from the City.
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NewsMedia Bites 1 May: Sainsbury’s/Asda – analysis, predictions and song
A swathe of media coverage is dedicated to the shock Sainsbury’s and Asda merger announced yesterday, looking at the CMA investigation, industry consolidation and Sainsbury’s boss Mike Coupe’s show tunes.
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NewsLuxury cereal start-up Spoon seeks £250k investment from the crowd
The business, founded in 2013, is currently experiencing 100% like-for-like sales growth
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Analysis & FeaturesSainsbury’s and Asda merger: the key facts and figures
Your at-a-glance guide to what you need to know about the mega merger that shocked the UK grocer market
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Analysis & FeaturesSainsbury's Asda merger: Twitter reacts
Over the weekend, news broke of a “mega-merger” between Sainsbury’s and Asda. Here’s how Twitter reacted to the story
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Analysis & FeaturesProposed Sainsbury's-Asda merger: analysts' reaction
Shockwaves were sent through the industry this weekend after it emerged a merger between Sainsbury’s and Asda was on the cards. Here’s how leading analysts have reacted to the news
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NewsSainsbury’s shares surge on Asda deal confirmation
Sainsbury’s shares have hit their highest level for almost four years this morning, surging 15% on the news that the UK’s second and third largest grocers have agreed merger terms.
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NewsSainsbury's posts underlying sales and profits rise but warns over banking arm prospects
Sainsbury’s has reported a rise in annual sales and underlying profits last year, but the group warned a “significant” drop in banking profits will hit earnings in its 2018/19 financial year.