All Finance articles – Page 513
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Palmer & Harvey management shakeup sees several senior directors leave
A number of senior directors including executive deputy chairman Chris Etherington have left the wholesaler, The Grocer understands
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McColl's Jonathan Miller 'open to supply deal with Booker'
McColl’s CEO Jonathan Miller said he would be open to a supply deal with Booker
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Robert Porter-Smith joins backers of smoothie kit newbie Pack'd
Frozen smoothie kit startup Pack’d has secured £350,000 from three investors
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City snapshot: Organic growth and new stores drive bumper year for B&M
B&M European Value Retail has recorded a double-digit rise in sales and profits driven by increased organic growth and its rapid store roll-out programme
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Media Bites 25 May: M&S, Fever-Tree, Britvic
Investors largely welcomed the signs of progress at Marks & Spencer under new boss Steve Rowe yesterday, but this morning’s headlines do not make pleasant reading for the high street stalwart.
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Fever-Tree co-founder to sell £43.5m of shares
Fever-Tree (FEVR) co-founder and former executive chairman Charles Rolls is seeking to sell 2.5 million shares to institutional investors.
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Britvic’s shares rise despite profits drop
Robinsons owner Britvic has posted a double-digit rise in first half sales, but restructuring costs hit pre-tax profits.
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M&S quashes Ocado tie-up for online grocery rumour
CEO Steve Rowe said the autumn trial would be a “low-cost” store picking service conducted in-house without a partner
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Dawn Meats and Dunbia form meat giant in UK with joint venture deal
Irish meat processors Dawn Meats and Dunbia have agreed a strategic partnership to establish a majority-owned joint venture comprising of the UK operations of both organisations.
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M&S results: analyst reaction
Annual profits at Marks & Spencer have fallen by 64% to £176.4m, here’s how leading City and retail analysts reacted
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Media Bites 23 May: Sainsbury's, Greencore, Cranswick, Danone
Sainsbury’s is facing criticism from African farmers and the Fairtrade Foundation for stripping the ethical sourcing marque from its own-brand tea bags. Plus, strong results from Greencore and Cranswick.
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City snapshot: M&S profits plunge 64% as restructuring costs hit business
Annual profits at Marks & Spencer have fallen by 64% to £176.4m as a costly overhaul of the business hurt the bottom line, clothing sales declined further and like-for-like food sales went into reverse. Plus, half-year results from Britvic and a trading update from Hilton Food Group.
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Express delivery service Quiqup raises £20m to fund growth
The startup has begun operating a delivery service for Whole Foods Market, Burger King and Tesco in London
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SSP Group shares hit all-time high as BlackRock ups its stake
US asset management giant BlackRock has almost doubled its stake in SSP Group to close to 9%, sending shares in the travel food-to-go specialist to record highs.
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Cranswick export push and poultry expansion drives record sales
Growing pork exports to the Far East and soaring poultry sales have fuelled a record year at meat supplier Cranswick.
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Supermarkets provide emergency help in wake of Manchester attack
Asda and Tesco providing food and water at Etihad Stadium and outside hospitals
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Jonathan Miller plays down reports of McColl's One Stop bid
Earlier this month, The Grocer revealed McColl’s plans to trial a new supply deal with the Co-op
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Miranda Curtis leaves M&S to focus on Foreign Office role
Curtis was also chairman at Waterstones until 2016…
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City snapshot: Greencore revenues soar 46% on 'transformational' Peacocks deal
Revenues and profits soar at sandwich maker Greencore and pork and poultry supplier Cranswick thanks to acquisitions, new business wins and export growth
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Cafédirect targets fruit and herbal tea market with London Tea Co acquisition
Ethical hot beverages producer Cafédirect has expanded its tea portfolio with the acquisition of The London Tea Company from Finlay Beverages for an undisclosed sum