All Finance articles – Page 547
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NewsMedia Bites 22 February: Asda, business rates, Burger King
Asda provided an update on its turnaround attempt yesterday, revealing like-for-like sales declined for the tenth quarter in a row with a 2.9% fall in the final three months of its financial year.
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NewsCity snapshot: Christmas hampers boost first-half sales and profits at Hotel Chocolat
Luxury chocolatier Hotel Chocolat has reported sweet growth in first-half sales and profits thanks to new store openings and strong Christmas trading.
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Comment & OpinionAsda’s quiet man Sean Clarke is right to focus on more than price
Today’s results provide some encouragement that Asda is at least heading in the right direction, but there’s still a long way to go …
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NewsAsda's Project Renewal quietly wound up by Sean Clarke
Chain reports 10th consecutive period of like-for-like sales decline but rules out ’nuclear’ price option
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NewsStan McCarthy to retire as Kerry Group chief executive
He will be replaced by Edmond Scanlon, currently president and CEO of Kerry Asia Pacific
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NewsAsda like-for-like sales fall 2.9% in the fourth quarter
Performance was an improvement on recent quarters, and shows signs of turnaround under new CEO Sean Clarke
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NewsConsumer spending stays high despite economy concern
The proportion of Britons positive about making purchases was 53% at the end of 2016, the highest ever recorded by Nielsen
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NewsSales of organic food increase for fifth year
Consumers spent an extra £138m on organic during the past year, according to the Soil Association
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NewsMedia Bites 21 February: Kraft Heinz failed bid for Unilever examined
The fallout from Kraft Heinz tilt at Unilever continues to generate significant column inches in the papers today.
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NewsExports of food and drink break through the £20bn barrier
The new figures from the FDF show China was the fastest growing market, with sales up more than 50% year on year
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Comment & OpinionKraft Heinz wash-up will put ‘Persil Paul’ and Unilever growth in the spotlight
With the announcement that the offer is off the table from the Americans, we ask where does all this manouvering leave Unilever and Kraft Heinz?
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NewsMike Coupe hits out at 'failing' business rates system
Coupe criticised the system for failing to take into account new online players in the market
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NewsAlternative milk brand A2's global revenues leap 84%
Growth reflected “outstanding results” in A2’s Australia, New Zealand and Chinese markets
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NewsAmazon reveals plans to add 5,000 UK jobs in 2017
The recruitment drive will take its UK workforce to 24,000 – up from 15,500 at end of last year
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NewsCity snapshot: Kraft Heinz ditches £115bn Unilever bid
Unilever shares have fallen back this morning after the announcement last night that Kraft Heinz has walked away from its shock £115bn bid for the group
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NewsMedia Bites 20 Feb: Kraft Heinz/Unilever, Amazon, Business rates
Inevitably the surprise ending of Kraft Heinz’s pursuit of Unilever gets plenty of column inches this morning.
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Analysis & FeaturesUnilever board speaks for many with rejection of Kraft Heinz overtures
Unilever’s strongly worded rejection of Kraft Heinz’s £115bn approach today did not sound like the words of a board about to roll over and accept a slightly higher offer.
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Analysis & FeaturesKraft Heinz moves on Unilever: a sign of desperate times for big food?
What happens now? How likely is Kraft Heinz to up its bid price? And will CEO Paul Polman allow the company to slip from his control?
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NewsKraft Heinz makes £115bn mega-merger proposal to Unilever
Kraft Heinz has announced it has made a “comprehensive” proposal to Unilever to combine the two groups, which the UK-listed firm has firmly rejected
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NewsNestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …