All Finance articles – Page 518
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News
Diageo 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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Mults 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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Sainsbury's Coupe mulls further franchise moves
Sainsbury’s is currently testing a seven-forecourt trial with Euro Garages
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News
Morrisons 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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News
Redchurch Brewery seeks an extra £500k in crowdfunding
The brewer is seeking £400k for 7.4% equity on Crowdcube
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News
Media Bites 5 May: Morrisons, AB InBev, Punch Taverns, Unilever, Next
The success of David Potts’ recovery plan at Morrisons is recognised by this morning’s papers after a striking first quarter update. Plus, Q1 results from AB InBev; a first-half loss for Heineken-owned Punch Taverns; Unilever makes a bet on Myanmar; and Next shares slide on tough consumer conditions.
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News
City snapshot: Former Asda boss Archie Norman appointed as M&S chairman
Marks & Spencer has appointed former Asda CEO Archie Norman as its new chairman
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Mark Thorpe named CEO of KP as Bunker departs
Outgoing CEO Nick Bunker joined from Kraft Foods five years ago
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Mahou San Miguel reports 'record-breaking' full-year results
The San Miguel owner attributed much of its success to the brand’s relaunch in 2015
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Analysis & Features
Morrisons results: what the analysts say
Morrisons’ like-for-like sales rose 3.4% in the 13 weeks to 30 April – its highest growth rate yet under CEO David Potts
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City snapshot: Morrisons reports 3.4% first quarter like-for-like sales jump
Morrisons’ like-for-like sales has risen by 3.4% in the 13 weeks to 30 April – its sixth consecutive quarter of like-for-like growth. Plus, Kerry Group confirms full year expectations after solid first quarter, Carlsberg’s revenues up 4% in first quarter, Sainsbury’s shares plunge and all the latest news from the City
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News
Media Bites 4 May: P&H, Sainsbury's, M&S
Britain’s biggest tobacco distributor Palmer & Harvery is to be put up for sale just weeks after sealing a financial rescue package
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News
UK like-for-like sales dip at Pizza Express as casual dining market softens
Pizza Express’ annual group sales were up by 9.8% to £509.7m last year, but its UK and Ireland like-for-like sales fell 0.9% amid a “softening casual dining market”.
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Comment & Opinion
It’s been ‘challenging’ – but Sainsbury’s might enjoy a long-term gain
Sainsbury’s, the UK’s second largest supermarket chain, may be under the cosh at the moment for its falling sales, but its online investment is where things could really start to pay off
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News
Grocery sales growth hits highest level since 2013
The UK grocery market recorded its best three months of sales since September 2013, according to market share figures from Kantar Worldpanel
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News
M&S appoints new clothing, home & beauty MD
Appointment of Halfords CEO Jill McDonald will enable Steve Rowe to concentrate on management
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News
Media Bites 3 May: Ocado, Brexit, Just Eat, Co-op
Ocado shares jumped by as much as 9% in morning trading yesterday on the back of hopes the online grocer could secure a technology deal with Marks & Spencer.
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News
City snapshot: Sainsbury’s profits dip in 'challenging' grocery market
Sainsbury’s underlying profit before tax fell by 1% in the year to 11 March amid a ’competitive and uncertain trading environment’
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News
Dobbies strikes five-year deal with Ocado
The garden centre business will sell its full range online early next year using Ocado’s general merchandise warehouse
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News
Product recall hits first quarter sales at Altria
Net revenues at Marlboro cigarette maker Altria were held back by a sharp drop sales of non-tobacco products after a product recall in January.