All Finance articles – Page 517
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NewsMedia Bites 10 May: John Lewis, Coca-Cola, BRC retail sales
John Lewis created plenty of headlines this morning after it admitted to potentially breaking minimum wage rules.
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NewsCity snapshot: Record Kerrygold performance drives 9% revenues surge at Ornua
A record performance by Kerrygold has helped Irish dairy group Ornua increase revenues 9% in 2016 to €1.8bn. Plus, Compass announces its first-half results; the CMA is to investigate the Just Eat takeover of Hungryhouse; Ahold Delhaize reports it Q1 results; and Eagle Eye appoints a new COO
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NewsCraft spirits and beers gain shelf space in Asda booze overhaul
The supermarket added over 40 new spirits to its shelves this week in a major push towards the booming craft drinks market
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NewsChristian Boulter joins Symington's as business unit director
Boulter will start on 15 May and joins from Britvic…
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NewsJohn Lewis set to fork out £36m in back payments to staff
The group revealed its pay averaging system “did not meet the strict timing requirements” of government regulations
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NewsStrong Easter drives like-for-like retail sales up 5.6% in April
UK retail sales grow 5.6% in April boosted by Easter, but BRC warns over longer-term prospects for the sector
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NewsCity snapshot: UK retail boosted by Easter sales growth
Food sales increased 2.4% on a like-for-like basis and 3.6% on a total basis in the past 12 weeks boosted by the Easter break, the BRC – KPMG Retail Sales Monitor April 2017 has revealed
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NewsAB InBev's UK volumes grow in double digits in first quarter
Global volumes dropped –0.5%, but revenues were up 3.7% (organic) compared with the same quarter in 2016
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NewsMedia Bites 9 May: Co-op Bank, Premier Foods, UK retail sales
The Co-operative Bank is set to admit that a sale of its business has faltered, increasing the chances that its American hedge fund owners will have to plough more capital into the bank.
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NewsSibberi water brand acquired by mineral salt business Westlab
Birch water brand Sibberi has been snapped up by Westlab Group as the bath mineral salts business seeks to tap into the growing clean living trend.
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NewsMedia Bites 8 May: M&S, Tesco, Mark Price, Brexit
Marks & Spencer was in the spotlight over the weekend after making two management appointments in a bid to get the business back on track.
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NewsCity snapshot: Premier Foods renews Cadbury cake licence
Premier Foods has renewed its licence to make Cadbury branded cake and desserts after agreeing a new deal with Mondelez International. The new contract may lead to Premier also making the full range of Cadbury cake brands such as Flake, Crunchie, Caramel and Marvellous Creations, as well as Oreo.
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NewsAldi to anchor Bradford discount retail park
Listed real estate investment trust LXi REIT has agreed to fund £10m for the development of a new discount retail park in Bradford to be anchored by a 20,000 sq ft Aldi store, with Home Bargains owner TJ Morris also agreeing pre-let of 16,000 sq ft unit.
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NewsHeineken buys out California craft brewer Lagunitas
Lagunitas founder Tony Magee will remain as executive chairman, taking an “advisory role” to Heineken on craft strategy
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Marks & Spencer appoints former Asda boss Archie Norman chairman
Norman will succeed Robert Swannell – who is set to retire in autumn after seven years on the board
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NewsDiageo CEO Ivan Menezes is new chairman of Movement to Work
Menezes takes over from former M&S head Marc Bolland, who founded the organisation to tackle youth unemployment
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NewsMults record the best growth since 2013 as discounters power on
The UK grocery market posted its best growth figures since 2013 over Easter
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NewsSainsbury's Coupe mulls further franchise moves
Sainsbury’s is currently testing a seven-forecourt trial with Euro Garages
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NewsMorrisons hikes prices to compensate for Crunch cuts
Morrisons hiked the price of 700 items to pay for its latest Price Crunch campaign
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NewsRedchurch Brewery seeks an extra £500k in crowdfunding
The brewer is seeking £400k for 7.4% equity on Crowdcube