All Finance articles – Page 495
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NewsSupermarket prices rise at fastest rate for four years
Supermarket prices are growing at their fastest level for almost four years as the pressure on shoppers’ wallets mounts.
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Analysis & FeaturesAll you need to know about the B&M takeover of Heron Foods
What is the rationale behind the latest convenience shake-up?
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NewsReal Good Food shakes up management following profit warning
Executive chairman Pieter Totte is stepping down after shares in the company crashed by more than 30%
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NewsMedia Bites 10 August: AB InBev, Premier Foods, Unilever, Morrisons, Worldpay
AB InBev has agreed a 50/50 joint venture with Turkish brewer Efes for its businesses in Russia and Ukraine; Premier Foods appoints a new chairman; Unilever bows to investor pressure; Morrisons vows not to adopt fake farm brands; and Worldpay takeover puts jobs at risk.
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NewsCity snapshot: Kerry Group sales growth held back by weak pound
Kerry Group has increased first-half sales by 4.8% to €3.2bn despite a decline in its consumer food division as the weak pound and increased raw material pricing took a toll.
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NewsRaisio’s first half sales slump on UK confectionery troubles
Comparable sales have dropped 17.3% in the first half at Finish food group Raisio as the falling pound and difficulties in its UK confectionery business hit trading.
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NewsUK food-to-go value to grow by a third in five years
Coffee shops and specialists such as Greggs and Subway are set to make the highest gains, says IGD
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NewsPremier Foods appoints Keith Hamill as chairman
Hamill will take over in November from David Beever, who is stepping down from the Premier board after nine years
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NewsMedia Bites 9 August: McDonald's, BAT, Diageo, Worldpay
The papers delve into McDonald’s plans to double the number of stores it has in China; BAT raises $17bn in second largest bond deal of the year; Diageo boss Ivan Menezes’ pay drops; and Worldpay secures £9bn Vantiv deal.
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NewsCity snapshot: Ahold Delhaize feels the benefit of €9.8bn merger as sales and profits grow
Synergies stemming from the €9.8m mega-merger have boosted margins at European food retailer Ahold Delhaize in its second quarter. The group reported a “strong” quarter of sales and profits growth. Plus, Premier Foods appoints a new chairman to replace David Beever; and Stock Spirits Group continues to make progress with turnaround
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NewsTyrrells owner Amplify lowers earnings forecast on UK and US market headwinds
Amplify Snack Brands grew sales by more than two-thirds to break the $100m dollar barrier in its second quarter, but the Tyrrells owner warned full-year growth will be slower than previously forecast due to market headwinds in the US and UK.
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NewsTesco Bank adds card blocking feature to its mobile app
The new feature allows shoppers to block a ‘lost’ card from being used while allowing the account to remain active
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NewsAction on Sugar blasts cereal manufacturer nutrition labelling
The group is calling for consistent traffic-light front-of-pack nutrition labelling on all lines…
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NewsCity Snapshot: Food growth boosts slowing July retail sales
UK retail sales rose by 0.9% year-on-year in July as strong food sales supported weakening overall sales growth, according to the latest BRC-KPMG Retail Sales Monitor. Plus, Pets at Home sees quarter sales rise, Worldpay wants more time to tie-up merger and all the rest of the latest news from the City.
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NewsMedia Bites 8 Aug: Retail sales, Eggs, Tesco, Fairtrade
Higher prices are forcing British families to spend more on food and cut back elsewhere, as imported inflation starts to bite.
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Comment & OpinionWhat’s behind the latest round of supermarket head office job cuts?
Another month, another round of supermarket job cuts
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Comment & OpinionApprenticeships help companies become employers of choice
Apprentices can have a direct impact on productivity, customer satisfaction and loyalty, and profitability, says Debbie Gardiner of Qube Learning
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NewsSainsbury's rumoured to be axing over 1,000 jobs at head office
Sainsbury’s is rumoured to be axing more than 1,000 jobs at its head office just one month after Tesco made a swingeing round of redundancies.
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NewsCool Cold Brew coffee startup targets retailers after smashing £100k crowdfunding target
Cool Cold Brew is currently in talks with multiple retailers, including Selfridges and Sainsbury’s, with the aim of winning listings for its new four-strong range next year
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NewsGeary’s Bakeries secures £4.5m funding boost
Supermarket and sandwich manufacturer supplier Geary’s Bakeries is expanding its factory after securing a £4.5m investment package.