All Finance articles – Page 496
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NewsCity snapshot: UK consumer spending slumps to four-year low
UK consumer spending has fallen for the third consecutive month, according to Visa, marking the longest streak of spending decline for over four years. Plus, Worldpay UK boss moves to bookmaker Paddy Power Betfair, Carr’s Group makes acqusition and all the latest from the City
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NewsMedia Bites 7 Aug: Sainsbury's, P&H, Business rates
Sainsbury’s is preparing to shed as many as 1,000 jobs as it gears up for the next phase of its cost-cutting drive.
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NewsSubway hits 2,500 stores with Fresh Forward opening in Keynsham
Subway plans to have 3,000 UK and Ireland outlets by 2020…
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NewsKraft Heinz quarterly sales slide again as bottom line improves
Kraft Heinz (KHC) reported another increase in quarterly earnings, but the 3G Capital-owned group shows little sign of addressing its falling sales.
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Comment & OpinionMcColl's has made a sharp deal with Morrisons
The McColl’s-Morrisons supply deal has thrown a large rock in the wholesale pond
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NewsCity snapshot: Karro Food Group sales surge past £500m ahead of CapVest deal
Karro Food Group has posted a jump in full year sales and profits, cementing its turnaround in the run up to the £180m takeover by CapVest in March. Plus, Kraft Heinz’ second quarter sales slide again, fashion sales slump on the high street and all the rest of the latest news from the City.
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NewsMedia Bites 4 Aug: Mondelez, Green & Blacks, Worldpay
Mondelez investors are wondering whether history will repeat itself with the company being put back in play now that a chief resistant to activist pressure is heading for the exit.
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NewsP&G countering Peltz with acquisitions plan
P&G signalled in a call to analysts it is stepping up efforts to grow revenues
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NewsCost savings drive Kellogg’s profit improvement as sales continue to slide
Kellogg’s has posted a 6.9% rise in comparable second quarter operating profit despite another slump in net sales.
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NewsFruit Bowl kids' snacking brand falls into the red
Revenues in the nine months to 30 September 2016 declined to £9m, compared with £13.9m in year ended 31 December 2015
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NewsC&C spearheads craft drive via recently acquired Orchard Pig
C&C Group is looking to bolster its craft portfolio to tap the growing trend for more premium beers and cider
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NewsKarro looks to build on turnaround under CapVest ownership
Underlying profits at Karro Food Group jumped another 9% in 2016 as the pork supplier added £67m to its top line
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NewsHilton Food Group shares rise on Icelandic speculation
Shares in Hilton Food Group surged on the news it is in pole position to snap up Saucy Fish Co owner Icelandic Seachill
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Analysis & FeaturesHow Clooney worked his magic on Diageo sales too
Brand growth has largely been achieved by premiumisation focus
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NewsMedia Bites 3 August: B&M Bargains, Asda, Mondelez, Green & Black's
Further M&A activity in the convenience channel as B&M Bargains buys Heron Foods jockeys for position in the media coverage with tumbling profits at Asda.
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NewsCity snapshot: Hilton Food Group confirms approach for Icelandic Seachill
Tesco red meat supplier Hilton Food Group has confirmed it is in talks to acquire Saucy Fish Co owner Icelandic Seachill, which was put up for sale in April. Plus,
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NewsDirk Van de Put to lead Mondelez as Irene Rosenfeld retires
Van de Put has been CEO at McCain Foods for the last six years…
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NewsShrinkflation hits Stella Cidre as bottles cut by 12%
Supplier AB InBev has reduced Pear and Original bottles from 568ml to 500ml
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NewsCheckoutSmart expands overseas with acquisition of German cashback grocery app Scondoo
Cashback app CheckoutSmart has acquired German mobile shopping reward company Scondoo to extend its reach in Europe.
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NewsAsda to battle falling profits with 'steady improvement'
Like-for-like sales fell 5.7% in the year to 31 December