All Finance articles – Page 491
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NewsThe Co-op enters exclusive talks to buy Nisa
Sainsbury’s put its interest in Nisa on hold earlier this month
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NewsMedia Bites 30 August: Amazon/Whole Foods, BrewDog, inflation, M&S
The papers examine how the takeover of Whole Foods by Amazon has shaken up investor confidence in the food retail market. Plus, BrewDog unveils plans to give away 20% of profits; and shop prices rise again.
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NewsCity snapshot: 'Strong' travel performance keeps WH Smith on track
WH Smith has said this morning that its annual results will be in line with expectations, with the travel division of branches in airports and train stations continuing to put in a “strong performance”. Plus, food price inflation accelerates in August as ambient prices rise at fastest price for almost four years; and M&S opens talks with franchise partner Al-Futtaim for potential purchase and franchising of the owned retail business in Hong Kong and Macau.
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NewsBRC warns of major post-Brexit fresh produce shortages
Bare shelves and soaring prices witnessed during the lettuce and courgette shortages ‘could be repeated on a grand scale’
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NewsOcado teams up with Amazon for Alexa voice ordering app
The app recognises the 15,000 most commonly searched terms on Ocado’s site
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NewsSainsbury's adds Argos click & collect points to c-stores
Over 100 Sainsbury’s Local convenience stores will have collection points by the end of the year
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NewsUK exports of beef, lamb and pork pass £500m mark
Year on year meat exports rose by 18% to £582m, during teh first half of 2017, according to HMRC data
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NewsCity snapshot: Real Good Food cuts profits forecast again
Under pressure UK-listed food group Real Good Food has cut its profit expectations again weeks after slashing guidance after an internal audit. Plus palm oil producer MP Evans makes acquisition, a look ahead at the markets this week and all the latest from the City.
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NewsMedia Bites 29 Aug: P&H, Amazon/Whole Foods, Hotel Chocolat
Two global cigarette giants are preparing a rescue plan for the tobacco wholesaler Palmer and Harvey, writes The Sunday Times.
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NewsSales up 15% for Arla UK branded portfolio
Year-on-year group revenues for the global Arla Foods grew 3.4% to €5bn (£4.6bn), according to the half-year results
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Analysis & FeaturesAre those green shoots at Asda or is it all inflation?
There are encouraging signs of improvement for Asda under CEO Sean Clarke, but the patient is still in recovery
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NewsWeak pound pushes down Duerr's profits
Profits have slid almost 20% at conserve maker Duerr’s as the weak pound and low sector growth hit the business
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News$11bn wiped from supermarket and food & drink shares as Amazon fires gun on price war
More than $11bn (£8.6bn) has been wiped off the value of the world’s largest supermarkets and food and drink manufacturers
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NewsMolson Coors outperforms UK beer market
Carling brewer Molson Coors has outperformed the UK beer market after growing domestic sales 3.1% to £1.35bn last year
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NewsYorkshire dragons fuel Masons growth plans
Masons Yorkshire Gin has agreed a £300,000 investment from two well-known Yorkshire food and drink entrepreneurs
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NewsCity snapshot: Amazon fires the gun on Whole Foods price war
Amazon has signalled the start of a grocery price war to start on Monday once its $13.7bn (£10.7bn takeover of Whole Foods completes.
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NewsMedia Bites 25 August: Costcutter, Amazon/Whole Foods, Steinhoff
The papers follows up The Grocer’s exclusive that Costcutter is close to unveiling a deal as the corner-shop chain becomes the latest retailer to be jolted into dealmaking in response to Tesco’s £3.7bn swoop on Booker. Plus, Amazon kicks off battle with Walmart as prices to fall at Whole Foods.
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NewsBirds Eye owner Nomad slows decline in UK as prices increases lift sales
Birds Eye and Findus owner Nomad Foods recorded organic growth for the second quarter in a row as the group pushed through price increases
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NewsGreencore shares tumble as it tries to reassure the City
Shares in Greencore have slumped by almost 9% today after the sandwich maker tried to reassure investors over the continued fall in value of the stock during 2017.
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NewsCostcutter could be next on the block in convenience
Sir Michael Bibby promises “formal announcement soon”