All Finance articles – Page 532
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Comment & OpinionSainsbury's first-half results: what the analysts say
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits
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NewsMore customers than ever choose Sainsbury's but Argos losses drag on profits
Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits.
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NewsMedia Bites 9 November: M&S, Tesco, Brexit, Christmas adverts
The spotlight falls on Marks & Spencer as the retailer generates acres of coverage after reporting its first half results. Plus, the Tesco trial continues.
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NewsBroadbent tells court of Dave Lewis call over profit black hole
Sir Richard Broadbent has told a court of the moment new CEO Dave Lewis called him to reveal the bombshell
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NewsLiam Fox concedes Brits 'won't stand for' chlorinated chicken
Softening in rhetoric by international trade secretary applauded by British Poultry Council CEO Richard Griffiths
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NewsSelect & Save switches supply deal from Nisa to Bestway
The convenience store symbol group’s five-year deal with Nisa ended on 30 April…
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NewsThe Grocer Drinks Awards 2017: who won what, and why?
The second Grocer Drink Awards took place in London this week with a lavish ceremony. Find out who won, and why…
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Comment & OpinionMarks & Spencer half year results: what the analysts say
Openings of Simply Food stores to be scaled back because of the ’increasingly tough trading environment’
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NewsMedia Bites 8 November: Fever-Tree, Imperial Brands, ABF, Nutella
Shares in Fever-Tree soar again as profits to beat expectations; Imperial Brands halts decline in sales volumes; Primark demand and sugar recovery fuel profits at ABF.
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NewsCity snapshot: M&S to slow food openings as profits squeezed by rising inflation
Profits crashed 18% at Marks & Spencer in the first half as its food margins were squeezed more than expected as the retailer absorbed inflation to remain competitive in the challenging grocery market. Plus, trading updates from Hilton Food Group and Kerry Group; third quarter results at Raisio and Ahold Delhaize; and C&C interim CFO given role on permanent basis
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NewsCoca-Cola European Partners Q3 sales decline despite demand for Coke Zero
Revenues Coca-Cola European Partners have fallen 1.5% to €3bn in the third quarter as the popularity of Coke Zero Sugar was not enough to make up for the decline of the trademark brands.
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NewsSomerdale profits decline as growth slows
Profits have declined at cheese exporter Somerdale International as growth slowed and currency and commodity price volatility hit the business.
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NewsAmazon to close two Whole Foods Market stores in UK
Whole Foods to consult on closure, which would result in all its stores being located in London…
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NewsShrinkflation now 'endemic' in food and drink
Three-quarters (76%) of 200 manufacturers surveyed in August and September 2017 under pressure to cut prices
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NewsHigher sugar prices boost profits at Associated British Foods
Primark owner Associated British Foods has posted a 15% jump in sales and a 22% rise in adjusted operating profits, boosted by a dramatic recovery of profits at AB Sugar and the weakness of the pound.
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NewsMedia Bites 7 Nov: UK retail, Whole Foods, Lidl
“Nerves on high street after shoppers rein in spending,” writes The Times (£) after more worrying data on consumer activity.
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NewsField & Flower secures £825k after trimming back valuation
Field & Flower reduced its valuation to secure the crowdfunding cash
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News2 Sisters reopens scandal-hit West Bromwich plant
Sainsbury’s said it would not be accepting stock from the West Bromwich site…
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NewsLidl UK to increase basic wage from £8.45 to £8.75 from March
The retailer said the move would make staff the highest paid supermarket employees in the UK
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NewsMedia Bites 6 November: Nisa/Co-op, M&S, Sainsbury's, BrewDog
Nisa shopkeepers are plotting to block the £143m Co-op takeover, which faces a crucial membership vote this week, according to the weekend papers. Plus, the spotlight falls on M&S and Sainsbury’s ahead of results this week.