All Finance articles – Page 550
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Analysis & FeaturesAre those green shoots at Asda or is it all inflation?
There are encouraging signs of improvement for Asda under CEO Sean Clarke, but the patient is still in recovery
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NewsWeak pound pushes down Duerr's profits
Profits have slid almost 20% at conserve maker Duerr’s as the weak pound and low sector growth hit the business
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News$11bn wiped from supermarket and food & drink shares as Amazon fires gun on price war
More than $11bn (£8.6bn) has been wiped off the value of the world’s largest supermarkets and food and drink manufacturers
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NewsMolson Coors outperforms UK beer market
Carling brewer Molson Coors has outperformed the UK beer market after growing domestic sales 3.1% to £1.35bn last year
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NewsYorkshire dragons fuel Masons growth plans
Masons Yorkshire Gin has agreed a £300,000 investment from two well-known Yorkshire food and drink entrepreneurs
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NewsCity snapshot: Amazon fires the gun on Whole Foods price war
Amazon has signalled the start of a grocery price war to start on Monday once its $13.7bn (£10.7bn takeover of Whole Foods completes.
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NewsMedia Bites 25 August: Costcutter, Amazon/Whole Foods, Steinhoff
The papers follows up The Grocer’s exclusive that Costcutter is close to unveiling a deal as the corner-shop chain becomes the latest retailer to be jolted into dealmaking in response to Tesco’s £3.7bn swoop on Booker. Plus, Amazon kicks off battle with Walmart as prices to fall at Whole Foods.
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NewsBirds Eye owner Nomad slows decline in UK as prices increases lift sales
Birds Eye and Findus owner Nomad Foods recorded organic growth for the second quarter in a row as the group pushed through price increases
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NewsGreencore shares tumble as it tries to reassure the City
Shares in Greencore have slumped by almost 9% today after the sandwich maker tried to reassure investors over the continued fall in value of the stock during 2017.
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NewsCostcutter could be next on the block in convenience
Sir Michael Bibby promises “formal announcement soon”
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NewsThe Kay Group profits fall as tobacco and petrol gets tougher
Kay warned he did not expect to see an uplift in performance in next year’s results
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NewsHilton Food Group wins long-term Tesco Europe supply deal
Five-year deal will see Hilton supply fresh food including sandwiches, pizza, ready meals and soups to Tesco in central Europe
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NewsMedia Bites 24 August: Amazon/Whole Foods, Finsbury Food, Tesco, Brexit
Approval by Whole Foods shareholders of the Amazon takeover is folowed by the US competition regulator; Tesco opening its £85m compensation scheme; Finsbury Food planning to close its Grain D’Or business; and the pound hits lowest level again the euro in eight years.
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NewsCity snapshot: Amazon $13.7bn Whole Foods takeover waved through by US regulator
US competition watchdog the FTC has given Amazon the green light for its $13.7bn (£10.7bn) takeover of Whole Foods, just hours after Whole Foods shareholders gave their approval
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NewsScottish business rates review proposes 'Growth Accelerator'
Review also suggested properties should be revalued after three years instead of the standard five…
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NewsTesco £85m investor compensation scheme opens
The scheme, agreed by the supermarket with the Financial Conduct Authority (FCA) in March this year, will cost Tesco an estimated £85m
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NewsTim Busby to take over as chief financial officer at Young's
Busby will replace Malcolm Lofts who is retiring from the role on 31 December
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NewsMedia Bites 23 August: Lidl, Bayer/Monsanto, Asda, sugar
With grocery stories continuing to be slim pickings as the UK gears up for the bank holiday weekend, the latest market share from Kantar Worldpanel and Nielsen generates some column inches.
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NewsModeration on trend as sales of low and no-alcohol beer soars
Value sales of low and non-alcoholic brews grew by 20.5% over the past 12 months
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NewsCity snapshot: 250 jobs at risk as Finsbury Food Group plans to close Grain D’Or bakery business
Finsbury Food Group is proposing to close its lossmaking Grain D’Or business, leaving 250 jobs at risk.