All Finance articles – Page 544
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NewsAround Noon expands UK presence with Chef in a Box deal
The purchase of Chef in a Box from Donegal Investment Group will allow Around Noon to gain a strong foothold in greater London and provide a platform for further UK expansion.
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NewsOle & Steen set for UK roll-out under new ownership
Danish bakery chain Ole & Steen, which opened its first international store in London at the end of 2016, has been acquired by a new private equity owner for an undisclosed sum.
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NewsMedia Bites 3 July: McColls/Sainsbury's/Nisa, Pizza Express, Innocent
McColls has emerged as the unlikely kingmaker in Sainsbury’s swoop on Nisa, according to the weekend’s papers.
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NewsCity snapshot: Danone agrees $875m Stonyfield sale to French dairy rival Lactalis
Danone has agreed to sell US organic yoghurt brand Stonyfield to its French rival Lactalis for $875m (£672.5m)
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News‘Business as usual’ for Premier Foods despite merger claims
The Mr Kipling owner responded yesterday to the WSJ’s claim it was exploring radical options
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NewsCity snapshot: Nisa moves back to profit despite sales slide
Sainsbury’s target Nisa moved back into profitability in its last financial year despite a 2.6% fall in sales. Plus, UK consumer confidence slides post-election, Tayto buys second vending machine business and all the rest of the latest news from the City
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NewsMedia Bites 30 June: Walgreens Boots Alliance, Tesco/Booker, Greene King
Stefano Pessina’s ambition to turn Walgreens Boots Alliance into a global drugstore group was dealt a blow by US regulators after he was forced to scrap a $17.2 billion takeover of Rite Aid, writes The Times.
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NewsMBO team at Thomas J Fudge's moves on following review
The management team behind a buyout at Thomas J Fudge’s Remarkable Bakery have sold their stakes and left the brand amid a shake-up by private equity backer Livingbridge, The Grocer can reveal.
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NewsGreene King toasts growth but warns over economic pressures
Greene King has posted a 6.9% rise in annual revenues to record high of £2.22bn in the year to 30 April 2017, but warned over the UK’s economic prospects.
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NewsCity snapshot: Tesco/Booker request swift move to in-depth competition investigation
Tesco and Booker have requested that the Competition and Markets Authority fast track its investigation into deal to a more in-depth phase 2 investigation. Plus Greene King raises revenues despite “demanding backdrop”, DS Smith swoops for US packaging firm and all the rest of the latest news from the City
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NewsMedia Bites 29 June: Tesco, Co-op Bank, Ocado
Tesco’s surprise decision to axe 1,200 head office jobs is heavily covered in the morning papers.
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NewsTesco to axe 1,200 jobs at its head office
A quarter of staff at its Welwyn Garden City HQ are facing redundancy, a week after Tesco announced 1,100 jobs were to go at its Cardiff call centre
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NewsCoffee giants vow to act on faecal bacteria in ice
A BBC investigation found ice from Costa Coffee, Starbucks and Caffè Nero contained bacteria from faeces
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NewsCrawshaws upbeat despite 4.5% like-for-like sales drop in first 20 weeks
Listed butchery chain Crawshaw Group insists it is making “good progress” despite a 4.5% drop in like-for-like sales in the first 20 weeks of its financial year.
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NewsMedia Bites 28 June: Supermarket sales, Nestlé, Co-op Bank, BHS
The mix of warm weather and mounting food price inflation has driven supermarket sales growth to its highest point for five years.
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NewsNestlé launches £16.3bn share buyback as investor pressure mounts
Nestlé has announced a CHF20bn (£16.3bn) share buyback scheme as part of a new strategy after pressure
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NewsMcBride refinances debt to cut costs by £2m a year
Private label consumer goods manufacturer McBride (MCB) has refinanced its existing banking facilities to buy back previously issued bonds and support its “Repair, Prepare, Grow” strategy.
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NewsElection result triggers collapse in consumer confidence
Consumer confidence is at the second-lowest level since the summer of 2013
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NewsWarm June weather boosts supermarket sales growth to multi-year high
Warm weather in June helped the UK grocers to their largest monthly year-on-year rise in sales since July 2013, according to market share data from Nielsen, while Kantar Worldpanel finds the best supermarket growth since March 2012.
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NewsMedia Bites 27 June: Nestlé, Co-op Bank, Amazon, Asda
News activist investor Third Point has taken a multi-billion dollar stake in Nestlé to try to force the Swiss consumer goods group to be more aggressive is well covered in the papers.