All Finance articles – Page 510
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NewsLewis relocation costs face scrutiny at AGM
An influential investment group has called on shareholders to vote down the Tesco pay report over relocation costs for CEO Dave Lewis
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NewsRoberts still solidly profitable despite pensions deficit blow
Bread maker Roberts Bakery defied “difficult” market conditions to post flat revenues and profits last year, but fell to a headline loss due to a recalculation of its pensions deficit.
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NewsCity snapshot: Rémy Cointreau raises earnings expectations after “excellent” annual performance
French drinks group Rémy Cointreau has lifted its future outlook after revealing an “excellent” annual performance, with a double-digit jump in profits and an almost 5% sales boost. Plus, Pernod Ricard buys majority stake in mezcal brand Del Maguey Single Village Mezcal
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NewsMedia Bites 8 June: Steinhoff, Lidl, Tesco, Kellogg
As the UK heads to the polls today, the papers are dominated by the final day of the campaign and the continuing story of the London terror attack. It’s looking very quiet when it comes to grocery or retail news.
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NewsSauces and juice producer Fruitapeel undergoes MBO
Terry and Deborah Haigh have taken over ownership of the business from existing fellow shareholders Frank and Philip Frederick. Finance director Neil Murgatroyd has also acquired a stake in group as part of the deal.
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NewsBirds Eye owner Nomad Foods seeks new CFO as Kenyon resigns
Birds Eye owner Nomad Foods is on the hunt for a new CFO after Paul Kenyon handed in his notice to take on a job outside of the food industry at shoe retailer Clarks.
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NewsEat set to recognise GMB as Wembley staff representative
The union said it expected to sign the recognition agreement with Eat by 9 June
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NewsCity snapshot: Zambeef profits slide amid challenging economic conditions
Profits have plunged in the first half at Zambeef Products as the beef producer was hit by falling commodity prices and challenging economic conditions on Zambia. Plus, full-year results from drinks group Distil
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NewsMedia Bites 7 June: Tesco, Lidl, Delivery Hero
Tesco is facing an investor revolt over £140,000 paid to CEO Dave Lewis for relocation costs. Plus, Lidl’s eye-catching move to launch a “high-end” fashion line with supermodel Heidi Klum also gets plenty of coverage.
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Comment & OpinionCan a Heidi Klum fashion line really work at Lidl?
In a bid to bring a touch of glamour to the miscellaneous aisle, the supermodel’s presence will be a coup for the discounter - but what about aspirational fashionistas?
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NewsGusbourne to raise £4.2m in placing to expand wine production
English sparkling wine producer Gusbourne is aiming to raise £4.2m of fresh funds in a share placing to invest in new vineyards and expand production.
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NewsAmazon 'most valuable retail brand' in BrandZ rankings
’The brand was also the fastest-growing performer in the BrandZ Retail Top 20, up 41% ($40.1bn) year on year’
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NewsFood sales rise against backdrop of declining retail trend
This is the strongest three-month average for food since February 2012
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NewsCity snapshot: UK retail like-for-like sales drop on non-food sales fall
UK retail sales fell by 0.4% on a like-for-like basis in May as weak non-food sales dragged down strong food sales growth, according to the BRC KPMG Retail Sales Monitor.
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NewsMedia Bites 6 June: Ocado, Tesco, Consumer spending
Hedge fund boss threatens Ocado coup as initial buzz over software deal is followed by a sell-off, writes The Daily Mail
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NewsLidl to launch women's fashion range with supermodel Heidi Klum
The new fashion collection will launch across its 650 UK stores nationwide later this year
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Comment & OpinionOcado finally goes international… but the hard work is just beginning
The signing of one European name is undoubtedly a significant step towards achieving Ocado’s vision of being a leading online fulfilment partner
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News2 Sisters to close Smethwick plant with loss of 250 jobs
Processor launched a 45-day consultation into closing ‘ageing’ site in April
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NewsTapped seeks £200k from crowd to expand birch water range
Birch water brand Tapped is raising £200,000 in a crowdfunding campaign to invest in marketing and grow its product range.
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NewsTesco profit overstatement accountants' probe is closed
The investigation started in 2014 after Tesco admitted it has overstated its profits by £326m