All Finance articles – Page 525
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NewsCity snapshot: Late Easter holds back supermarket sales
The latest grocery market share figures released this morning shows the late Easter this year has held back supermarket sales as food inflation continues to rise.
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NewsEurostock rebrands as Bawnbua Foods as expansion continues
Meat supplier has also secured more than £10m in new supply contracts
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Analysis & FeaturesWhy Reckitt Benckiser's food sell-off is part of a longer strategic game
Fresh on the heels of Unilever’s reported plan to sell its problematic spreads division, Reckitt Benckiser has confirmed it is exploring the sale of its own food division
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NewsCP Foods acquires Westbridge Food to grow poultry exports to UK and EU
Poultry supplier Westbridge Food Group has been snapped up by Thai food conglomerate CP Foods in a deal worth £60m.
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NewsReckitt Benckiser to sell French's and Frank's Red Hot brands
Sale would be used to reduce Reckitt’s debt created by the Mead Johnson Nutrition Co announced in February.
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NewsReckitt Benckiser lines up sale of French's and Frank's Red Hot
Reckitt Benckiser has announced it is beginning a strategic review of its food business, which includes French’s sauces and Frank’s Red Hot sauces.
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NewsMedia Bites 3 April: Tesco, Reckitt Benckiser, Premier Foods, Co-op, M&S
Tesco remain firmly in the papers over the weekend as its Booker merger continues to enthral the media. Plus, Reckitt Benckiser lines up the sale of its food division.
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NewsPalmer & Harvey extends key Tesco tobacco contract for three more years
New contract will allay immediate concerns about the future of the delivered wholesale giant
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NewsDanone to offload Stonyfield to push through $12.5bn WhiteWave deal
Danone has agreed to sell one of its US dairy subsidiaries to speed up the completion of the $12.5bn acquisition of US plant-based food group WhiteWave.
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NewsBooker shares fall as Tesco shareholders protest merger
It comes as Booker reported a strong end to its financial year
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NewsYoplait sales fall as yoghurt lovers exit traditional formats
Yoplait blamed “category slowdown” and changes to promotional strategies and market dynamics for the sales drop
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NewsReckitt cuts CEO Rakesh Kapoor’s pay by £14m after South Korea scandal
Reckitt Benckiser has cut CEO Rakesh Kapoor’s annual pay by £14m and paid him no annual bonus due to the fallout from its consumer safety scandal in South Korea.
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NewsMedia Bites 31 March: Booker, P&H, Imperial Brands, Carr's
Booker Group’s fourth quarter trading update was heavily featured in all the papers as the imminent £3.7bn Tesco takeover generates plenty of interest in the wholesaler.
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NewsCity snapshot: Consumer confidence remains subdued in March
Consumers confidence remained stuck in the doldrums in March as Brexit concerns continue to loom and wages fail to keep up with inflation
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NewsHilton Food Group profits rise by 18.4% after 'strong year'
Tesco supplier’s operating profit climbed from £29m to £34.3m, and revenue rose 12.8% to £1.2bn
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NewsBirds Eye owner Nomad falls to a Q4 loss but says conditions improving in the UK
Birds Eye and Findus owner Nomad Foods recorded a loss in the fourth quarter of 2016 but the decline in the UK market slowed as the group battled to turnaround its performance in the challenging frozen market.
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NewsLapo Civiletti to be first non-family CEO at Ferrero
The ‘highly ranked’ Civiletti will take up the role on 1 September, replacing Giovanni Ferrero
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NewsBritvic extends contract with Wincanton until 2022
Wincanton will manage and oversee the still and carbonated soft drinks supplier’s deliveries across the UK
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NewsCity snapshot: Booker’s non-tobacco like for likes up 4.7% in fourth quarter
Booker Group has a reported a strong end to the year, with non-tobacco group like-for-like sales up 4.7% in the fourth quarter ahead of its £3.7bn buyout by Tesco
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NewsMedia Bites 30 March: Sugar, Post-Brexit food prices, Poundland
The size of chocolate bars and packs of sweets in the UK is set to get smaller if manufacturers are to meet government-set targets to cut sugar by 20%, according to a report published today.