All Finance articles – Page 551
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NewsCity snapshot: Ocado sales growth slows in fourth quarter
Ocado has announced a 13.1% rise in gross retail sales in the fourth quarter, which represents a slowdown on its annual growth of 13.6%
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NewsMedia Bites 8 Dec: Dalton Philips, Food advertising, Camden Town Brewery
Dalton Philips, the former boss of supermarket chain Morrisons, is to return to the British high street in a leading role at one of Britain’s fastest-growing casual dining groups.
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NewsSeabrook Crisps hit by heavy promotions but profits rise again
Aggressive promotions have taken a bite out of revenues at Seabrook Crips but failed to dent rising profits at the LDC-backed business.
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NewsAmazon Go checkout-free stores poised for UK launch
The online giant recently trademarked ‘Amazon Go’ in the UK
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NewsWiltshire Farm Foods expands in Yorkshire with bank funding
Frozen meals delivery specialist Wiltshire Farm Foods has secured a five-figure funding package to buy a new depot in Yorkshire.
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NewsMedia Bites 7 December: Amazon, Lego, Co-op
Amazon’s queue-less, cashier-less – and cash-less – grocery store in Seattle comes under the media spotlight.
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NewsCity snapshot: Ahold Delhaize to double online sales by 2020
European food retail giant Ahold Delhaize has outlined a plan to make the most of its international scale following the merger, which includes doubling its online sales in the next four years and a €1bn share buyback.
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News
Real Good Food shares plunge after commodities price warning
Shares in Liverpool-based food group Real Good Food dropped 5,2% after it warned increased raw material and commodity costs could hit future earnings.
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NewsRhubarb wins backing of new private equity owner
Private equity firm Livingbridge has snapped up contract caterer and restaurant operator Rhubarb.
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NewsJBS commits again to US float of international business
Brazilian meat giant JBS has announced a second plan to list its international division in the US after its first scheme, which included moving the division to Ireland, was scrapped.
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NewsOatly sells stake to fund global expansion
Oat-based milk alternative brand Oatly has raised cash for a global push with the sale of a minority stake.
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NewsPhil Whitehead made Molson Coors UK & Ireland MD in reshuffle
He has replaced Frederic Landtmeters, who has relocated to become the brewer’s Canada CEO
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NewsCity snapshot: Food drives November retail sales rise as Black Friday falls flat
UK retail sales were up 0.6% like-for-like in November, driven by a strong rise in total food sales as Black Friday failed to boost general merchandise sales. Plus the rest of this morning’s news from the City
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NewsMedia Bites 6 Dec: Fortnum & Mason, Retail sales, M&S, BAT
Fortnum & Mason has said sales of its monogrammed hampers have risen by 20% this Christmas despite fierce competition from a cheaper rival.
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NewsBrewdog launches new £10m Crowdfunding bond pitch
Craft brewer BrewDog has launched another crowdfunding pitch to raise up to £10m and help fund its continued global expansion.
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NewsGovernment publishes plans for Soft Drinks Industry Levy
Dairy drinks are excluded from the tax, but the government will talk to dairy companies about reducing sugar
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NewsFerrero completes deal for Belgian biscuit brand Delacre
Italian confectionery giant Ferrero has announced the completion of its deal to buy Belgian luxury biscuit brand Delacre from UK-based Pladis.
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NewsFortnum & Mason thanks Aldi for Christmas hamper sales boost
The upmarket retailer also announced record-breaking sales and profits for the third year running…
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NewsIceland trademark dispute set to continue as delegation fails
Iceland CEO Malcolm Walker claimed the country’s government had no interest in a compromise
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NewsMedia Bites 5 December: Brexit, shop prices, Fortnum & Mason, M&S, Walmart
Brexit could lead to cheaper food for consumers if the right policies are adopted, an official from the OBR claims. Plus, shop prices decline for 43rd month in a row.