All Finance articles – Page 526
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NewsCity snapshot: Coca-Cola HBC appoints CEO to succeed Dimitris Lois
European Coke bottler Coca-Cola HBC has appointed a new CEO to succeed Dimitris Lois, who died in October. Plus, strong first-half results from packaging giant DS Smith; and Irn-Bru maker AG Barr adds Natures Way Foods CEO Susan Barratt to its board as independent non-exec
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NewsMedia Bites 7 December: Whitbread, Unilever, Steinhoff, Hammerson/Intu
An American activist investor has taken a 3.4% position in Whitbread, prompting speculation that it will press for a break-up of the Premier Inn and Costa Coffee operator.
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NewsForecourt contingencies swing into place in wake of P&H demise
Oil giant Shell has admitted there could be the “possibility of interruption” to the supply of products…
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NewsCity snapshot: Nestlé buys Canadian supplement company Atrium for $2.3bn.
Nestlé (NESN) has agreed a deal to buy privately-held nutritional health products producer Atrium Innovations to expand its global consumer goods business. Plus Poundland owner Steinhoff’s shares plunge amid accounting irregularity, £3.4bn European shopping centre merger, supermarket shares surge and all the rest of the latest news from the City.
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NewsMedia Bites 6 Dec: Supermarket shares, Nestlé, Fever-Tree
Tesco surged up the FTSE 100 after analysts told investors to add the stock to their trolley.
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NewsCharles Gibb appointed North America CEO at Fever-Tree
The posh mixer brand has established a New York office, 10 years after it entered the US
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NewsRetail sales rise in November but Black Friday fails to boost non-food
Retail sales were up 0.6% on a like-for-like basis in November according to the latest BRC- KPMG Retail Sales Monitor, but in-store sales of non-food items fell despite the Black Friday sales event.
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NewsMedia Bites 5 Dec: Black Friday, P&H, McColl's
“Black Friday sale failure so hard to swallow” is the headline in The Times this morning on the disappointing in-store sales figures for Black Friday.
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Analysis & FeaturesDoes Casino mean Ocado's hi-tech gamble has paid off?
The investment at Andover now looks prescient rather than risky
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NewsNisa joins coalition of wholesalers supplying Costcutter
Nisa has also picked up temporary McColl’s deal in the wake of the P&H collapse
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NewsPalmer & Harvey sought to delay dividend payments as losses mounted
Collapsed wholesaler Palmer & Harvey renegotiated its onerous dividend payments to management to help mitigate rising losses according to its most recently filed accounts.
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NewsEuro Garages picks up 1,000 German Esso service stations
The deal means EG Group will operate about 3,500 stations across Europe…
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NewsHain Celestial buys UK sweetener producer Clarks
Hain Celestial has announced it has agreed to acquire Welsh sweetener supplier Clarks to sit within its wholly-owned Hain Daniels UK business.
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NewsNisa to supply McColl's stores in wake of P&H collapse
Nisa’s new short-term contract begins today
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NewsCity snapshot: McColl’s annual sales rise 19.1% but like-for-like sales slip in fourth quarter
McColl’s Retail Group (MCLS) has reported a 19.1% uplift in annual sales following the acquisition of 298 Co-op convenience stores, but like-for-like growth tailed off towards the end of the year. Plus a look ahead at finance news this week and all the latest news from the City.
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NewsMedia Bites 4 Dec: Food waste, Palmer & Harvey, Amazon, Simply Fresh
East of England Co-op will become the first major retailer to sell food beyond its “best before” dates.
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NewsFortnum & Mason credits record sales to tea and hampers
Tea sales spiked by 18% and the luxury retailer’s hampers also enjoyed a strong year, with sales up by 15%
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Comment & OpinionWho killed Palmer & Harvey?
From the 2008 MBO, Palmer & Harvey still chose to pay out £70m in interest payments to preferential shareholders. Why?
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NewsPots & Co raises £4.5m to invest in kitchens and drive growth
Pots & Co sells its ceramic dessert pots in Waitrose, Tesco, Sainsbury’s, Ocado, Whole Foods Market, Harrods, Booths and Selfridges
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NewsMorrisons vows to fight data leak compensation ruling
Retailer may be forced to make a large payout despite claiming it had done all it could to protect staff