All Finance articles – Page 553
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News
Innis & Gunn raises £2.5m in crowdfunding campaign
The fundraising values the brewer at almost £50m and put a 4.8% stake in the hands of 2,012 investors.
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News
TJ Morris targets 450 Home Bargain stores by June 2017
Pre-tax profits for the year to 30 June fell 6.9% to £137m while sales were up 9% to £1.6bn
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News
Media Bites 30 November: Iceland, John Lewis, Carlsberg
Iceland v Iceland hits the papers again today as the frozen supermarket chain’s bosses hope for a thaw in relations.
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News
City snapshot: Britvic sales fizz as PepsiCo brands grow
Sales have fizzed 10.1% higher at Britvic as its UK portfolio of carbonated soft drinks, including PepsiCo brands, delivered growth to offset declines for the Robinsons range
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News
Crawshaw confident turnaround strategy is working
The value meat retailer reported “good progress” in restoring sales momentum since the trading update in September.
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News
Cranswick calls for clarity from government on EU workers
It comes as the group posted strong half-year results, with revenues up 16% to £581m on the back of double-digit volume growth.
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News
Christmas pudding prices set to be pushed up as costs rise
The combined cost of the main ingredients for a traditional Christmas pudding have increased 21% year on year
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News
Philip Clarke to avoid charges over Tesco accounting scandal
Three other former Tesco directors face trial next September in connection with the overstatement of its profits in 2014
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News
Media Bites 29 November: Tesco, Amazon, Cadbury
Former Tesco boss Philip Clarke will not face charges from the Serious Fraud Office over the accounting scandal that blew a £326m hole in the UK retailer’s books, according to his lawyer.
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News
City snapshot: Record sales for Cranswick as volumes accelerate
Revenues soared 16% to record levels at pork supplier Cranswick in the first half thanks to strong volume growth across most of its product categories
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News
Ferrero close to Delacre deal with Pladis
The Italian chocolate manufacturer confirmed in a statement that it had made an offer to buy Delacre and DeliChoc, which is also available in the UK.
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News
French startup to develop container fruit & veg farms
Agricool is aiming to produce strawberries in 75 containers across France next year
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News
Nisa Retail adds two independent non-exec directors
The group said the appointments of Neil Ashworth and Arnu Misra had followed a comprehensive search process
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News
Spar to expand into Thailand with Bangchak Retail
Convenience and forecourt operator BRC will open 300 new Spar International stores by the end of 2020
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News
Snack start-up Emily Crisps secures investment funds
A ‘significant’ minority stake has been sold to investment vehicle Inverleith LLP & Hothouse Brands Ltd
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News
Poundland considers closing 80 stores
Poundland is weighing up the closure of up to 80 shops following the integration of the 99p Stores estate.
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Media Bites 28 November: Tesco Bank, Poundland, Black Friday, Brexit, British American Tobacco
Tesco Bank is facing criticism for ‘failing to act’ to a warning about a security flaw; Black Friday comes under the media glare this weekend with the high streets quiet as shoppers buy online; and Poundland could close up to 80 stores in a sell off.
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Comment & Opinion
Safeway move another intriguing strategic play by Morrisons
The Safeway brand is better known and more meaningful – to consumers at least – than Buyco’s ‘Independent’
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News
Morrisons resurrects Safeway brand as it deepens wholesale links
Morrisons believes it has sniffed out an opportunity to leverage its foodmaker credentials in the independent sector
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News
City News: Finsbury Food shares hit by Brexit woes
Investor enthusiasm for Finsbury Food Group cooled significantly this week.