All Finance articles – Page 508
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Analysis & Features
Tesco Q1 results: analyst reactions
During the quarter it reported a 1.3% growth in customer transactions – some ten million more than last year
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News
Tesco 'winning inflation battle' as like-for-likes grow
Tesco’s price inflation had been in the region of 1.4% in the past 12 weeks
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Analysis & Features
Nisa sale: what you need to know
It’s talking to interested parties, so why is it up for sale, who’s in the running, and what of the mutuality question?
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News
Ella's records 11th successive year of double-digit growth
Profits have soared by almost 50% at Ella’s Kitchen as it recorded an 11th successive year of double-digit sales growth
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News
Media Bites 16 June: Morrisons, High Street, Majestic Wine
More than half of Morrisons shareholders have failed to back the supermarket’s bosses’ pay package in a massive protest vote.
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News
City snapshot: Tesco posts sixth consecutive quarter of like-for-like growth
Tesco has announced first quarter UK like-for-like sales growth of 2.3% and a 1% rise in group like-for-like sales, its sixth consecutive quarter of organic sales growth.
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News
City News: Majestic Wine slips into the red
Majestic Wine insisted it was “past the tipping point” of its turnaround on Thursday
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News
Booker deal 'will free up £500m war chest for Tesco'
A successful merger “will give Tesco a £500m war chest to fight against wholesale and supermarket price hikes”…
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News
UK cereals 'must get match fit for Brexit'
The UK cereals sector should beware “sleepwalking into Brexit” and increase its competitiveness now
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News
City snapshot: Majestic Wine slips into the red but is 'past the tipping point'
A “very strong” second half was not enough to keep Majestic Wine out of the red as the wine retailer recorded pre-tax losses of £1.5m.
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News
LDC declares the end of the “space race” as big four store numbers decline
The Local Data Company has claimed “the great space race is over” as big four store numbers fell last year amidst rising inflation and Brexit uncertainty.
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News
Weaker pound boosts earnings expectations at BAT
British American Tobacco has announced that first half earnings will be boosted by at 14% currency tailwind as it confirmed it is trading in line with expectations.
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News
Halo Coffee raising £1.6m to spur global growth
Eco-friendly coffee start-up Halo is seeking £1.6m funding to “aggressively” grow the business in the UK and overseas.
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News
Mark Robertson made First Milk operations director
The dairy industry veteran will take charge of First Milk’s manufacturing operations
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News
Camelot launches review after National Lottery sales slump
Camelot said it would release an update when it announced its half-year results later in the year…
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News
Online grocery set to rise 12% to pass £11bn in 2017
The Mintel research showed 14% of Brits do all of their grocery shopping online
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News
Moody’s downgrades Reckitt Benckiser after Mead Johnson deal approval
Rating agency Moody’s has cut the long-term credit rating of Reckitt Benckiser (RB) by two notches following the approval of its US$17.9bn acquisition of US baby milk group Mead Johnson.
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News
City snapshot: Third quarter like-for-like sales flat at WH Smith
Travel and high street retailer WH Smith has posted top-line sales growth of 2% in the 15 weeks to 10 June, while like-for-like sales were flat as travel sales rose and the high street slumped. Plus trading updates from British American Tobacco and Coca-Cola European Partners and all the rest of the news from the Cit
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News
Media Bites 14 June: Online shopping, Sainsbury's, Heineken
The proportion of households who do all their grocery shopping online has doubled since 2014 according to new figures from Mintel.
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News
UK inflation jumps to 2.9%
The UK’s consumer prices index (CPI) measure of inflation rose to 2.9% in May, up from 2.7% in the previous month.