All Finance articles – Page 517
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NewsP&H falls into administration
Customers have been informed there will be no deliveries tomorrow and rival wholesalers are gearing up to step in
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NewsGraze profits fall as it invests in US expansion
Revenues at Graze rose 8% to £76m last year but profits fell 40% as the snacks business invested heavily to establish a retail presence in the US.
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NewsMedia Bites 28 Nov: Unilever, Black Friday, Patisserie Holdings, Ocado
Unilever’s board is to delay a decision on whether to choose the UK or the Netherlands for its headquarters.
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NewsCity snapshot: Ocado signs international partnership with French hypermarket chain Casino
Ocado has signed an agreement with Group Casino to develop a delivery service in France. Plus soaring UK food to go sales boost annual revenues at Greencore, Unilever says plans are on track to deliver underlying sales growth of 3-5%, Cranswick sees strong first half volume growth and all the rest of the latest news from the City.
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NewsJames Brown to lead Sainsbury's Argos commercial team
Robbie Feather is leaving to become CEO of Fenwick in the new year
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NewsAmazon in pole position to buy Booths in £150m sale
The Preston-based grocer has called in Rothschild to prepare a sale of its 28 branches, according to reports
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NewsFood and Drink Sector Council to pursue post-Brexit growth
Theresa May and business, energy and industry strategy minister Greg Clark announced the plans
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NewsCity snapshot: Booths hires Rothschild to find a buyer
Upmarket northern supermarket chain Booths has reportedly hired Rothschild to lead a sales process that could be worth up to £150m. Plus a look ahead to events in the City this week, including results from Greencore, Britvic and Cranswick, and all the rest of the latest finance news.
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NewsMedia Bites 27 Nov: Just Eat, Booths, Black Friday
Online takeaway firm Just Eat is set to join the ranks of Britain’s biggest businesses this week as it is faces promotion to the FTSE 100.
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NewsKraft Heinz names former Tim Hortons CEO as UK & Ireland chief
Kraft Heinz has bought in the former global CEO of coffee and donut chain Tim Hortons to head up its UK & Ireland business
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NewsCharles Wilson criticises anti-merger 'little island' wholesalers
Rivals would have to up their game to succeed, Wilson told The Grocer in an exclusive interview
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NewsSainsbury's short selling at highest for over a year
Short selling of Sainsbury’s shares has jumped to its highest level for over a year
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NewsSSP sales hike sends shares soaring
Despite struggles in grocery and restaurants, food to go continues to go from strength to strength
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NewsNestlé target Hain out of running for Meridian stake
Hain Celestial is understood to be out of the running for nut butter brand Meridian as the wider group becomes a multi-billion dollar target for Nestlé.
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NewsCity snapshot: Raisio removes Big Bear boss Ciaran Sullivan
The Grocer can reveal that Finnish food giant Raisio Group has parachuted in its vice president of production and procurement Jukka Heinänen to replace Ciaran Sullivan as head of its UK confectionery business. Meanwhile in early trading reports of a search for Unilever boss Paul Polman’s sucessor fail to dent its share price
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NewsRaisio removes Big Bear boss Ciaran Sullivan
Raisio blamed a negative financial performance for the senior management change
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NewsSuper-strength cider tax hike is punitive, claim cidermakers
Philip Hammond said the tax crackdown would target “excessive alcohol consumption by the most vulnerable people”
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NewsYo Sushi eyes retail move after completing Bento Sushi deal
Yo Sushi is understood to be plotting a move into UK branded retail after buying a multi-platform Canadian contemporary
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NewsMedia Bites 24 Nov: Unilever, Black Friday, Majestic
Unilever has kicked off the process of finding a replacement for chief executive Paul Polman
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NewsBerryWorld in merger with Beekers
The merger will provide a base for BerryWorld’s European arm to grow retail markets in central, eastern and southern parts