All Finance articles – Page 509
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NewsHenderson Foodservice acquires Irish supplier BD Foods
The acquisition is designed to strengthen Henderson Foodservice’s offering to hotel and restaurant businesses
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NewsMcBride sells personal care business and issues profits warning
Own label household goods manufacturer McBride has agreed a £12.5m sale of its European personal care liquids business and issued a profits warning on weaker than expected early summer sales.
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NewsMedia Bites 3 July: Tesco/Carrefour, Nestlé, Premier Foods
The link-up between Tesco and Carrefour gets plenty of coverage, with most centred on the potential impact on under-pressure suppliers.
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NewsTate & Lyle Sugars blames 'uncompetitive' EU regulations for huge loss
Brexit backer Tate & Lyle Sugars has blamed the ‘uncompetitive’ European Union sugar regime for annual losses that have ballooned to more than £25m.
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NewsSuppliers fear CO2 disruption will last for several weeks
While one CO2 plant in County Durham came back online today, shortages could last for several weeks, suppliers have warned
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NewsLidl to create 300 jobs with five new stores across Scotland
The discounter has announced plans to recruit up to 40 new staff for each of the planned stores
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NewsTesco agrees link up with French grocery giant Carrefour
Tesco has announced plans to enter a long term “strategic alliance” with French hypermarket chain Carrefour.
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NewsMedia bites 2 July: Premier Foods, M&S, Asda/CO2
The chairman of Bird’s custard and Bisto gravy maker Premier Foods has promised to “sort out” the company’s problems as its spat with a hedge fund escalated further this weekend.
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NewsVeg-led babyfood supplier Babease seeks £850k crowdfunding
The company said it had seen 900% sales growth over the past year and hopes to triple this in 2018-19
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NewsFruit Bowl maker back in profit despite sales decline
Fruit Bowl snacks maker Stream Foods is back in the black after improving profitability, despite a drop in sales.
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NewsPoundland defies high street turmoil with positive results
This whole story of the demise of the high street is actually the demise of poor retailers, says Poundland MD Barry Willia…
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News2 Sisters profits fall 77% amid protein division restructure
The poultry giant said volume growth was more than offset by the “negative impact of beef, poultry and fish price inflation”
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NewsWhitbread blames high street woes for Costa Coffee sales fall
Whitbread said a decline in footfall in traditional shopping locations dragged Costa’s like-for-like sales back 2% in its first quarter.
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NewsPet goods supplier Petface rescued from administration
Petface appointed administrators BDO last week
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NewsOasis "dismayed" over Premier chairman's defence of CEO
The boardroom battle at Premier Foods is continuing into a second week, as second-largest investor Oasis Management described its “dismay” over comments by company chairman Keith Hamill in favour of re-electing current boss Gavin Darby.
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NewsMedia Bites 29 June: Tesco, Warburtons, Greene King
Tesco is planning the biggest revamp of its own-brand food in its 99-year history – and scrapping thousands of big name labels from its shelves
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NewsWarburtons hit by CO2 crisis as shortages spread to crumpets
Warburtons has been forced to suspend production at three of the four UK bakeries that produce its crumpets
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NewsHolland & Barrett accused of ‘tarnishing’ Groceries Code
In an interview with BBC Radio 4, Holland & Barrett CEO Peter Aldis claimed the idea of strained relations with its suppliers was “old hat”
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NewsCostcutter predicts sales growth after slashing Xmas prices
Since launching its Christmas pre-sale brochure last month, Costcutter saw an increase of over 30% in pre-sales year on year
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NewsGreene King's profits slump amid rising costs and cold winter
Annual profits slumped by 11.4% at brewer and pub company Greene King last year as it suffered from the cold British winter and rising costs.