All Finance articles – Page 555
-
InterviewsMatthew Barnes Big interview: 'Is Aldi plateauing? Nonsense'
Amid talk of turnarounds at the big four, there have been lots of questions asked about Aldi. In an exclusive interview with The Grocer, Matthew Barnes speaks out on like-for-likes, price gaps and his ambitious plans for store growth
-
NewsSimplee Aloe to boost category awareness with £1m funding
Drinks startup Simplee Aloe has secured almost £1m in venture capital funding
-
NewsKerrygold sales boom boosts revenues at Ornua
The Irish butter brand topped €900m in global sales, with the US reporting 20% volume growth
-
NewsSeven months after #Marmitegate, Tesco finally puts price up
Tesco has hiked the price of Marmite seven months after its public refusal to bow to brand owner Unilever’s demands
-
NewsAldi: 'massive opportunity' to quadruple store numbers
Aldi believes it could almost quadruple its UK store estate to 2,600 stores
-
NewsDiageo hit by £107m diverted profits tax bill
The taxman has demanded £107m from the drinks giant for the financial years ending 30 June 2015 and 30 June 2016
-
NewsInflation drops as big four strive to contain cost hikes
The big four are still trying to limit the extent to which they are passing on higher costs to consumers, data indicates
-
NewsPepsiCo confirms it will close Walkers plant in Peterlee
The announcement comes two months after the fmcg giant said it was considering the “crucial” cost-saving move
-
NewsCity snapshot: Coca-Cola HBC revenues up 5.2% in first quarter
European Coke bottler Coca-Cola HBC saw revenues rise 5.2% at constant exchange rates in the first quarter driven by higher prices in emerging markets. Plus, strong first quarter sales growth at Refresco and Henkel, Diageo fights £107m tax demand and all the rest of the latest news from the City.
-
NewsMedia Bites 11 May: Diageo, Aldi, Pret A Manger, Just Eat
Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals.
-
NewsMars Petcare UK promotes Deri Watkins to managing director
Watkins has taken over from Damian Guha, who has moved to a global role
-
NewsJust Eat faces CMA in-depth inquiry into £200m Hungryhouse takeover
The CMA is worried that the loss of competition from the combination of the two companies could lead to worse terms for restuarants who use either of the takeaway services
-
NewsWeak pound hits first quarter sales at Raisio
Finnish food group Raisio has announced an 18.9% fall in first quarter revenues as the weak pound hit sales of Benecol and its confectionery products in the UK.
-
News58 food and drink firms named in LSE’s 1000 Companies to Inspire Britain report
A total of 58 food and drinks companies have been named in the London Stock Exchange’s list of 100 Companies to Inspire Britain
-
NewsMedia Bites 10 May: John Lewis, Coca-Cola, BRC retail sales
John Lewis created plenty of headlines this morning after it admitted to potentially breaking minimum wage rules.
-
NewsCity snapshot: Record Kerrygold performance drives 9% revenues surge at Ornua
A record performance by Kerrygold has helped Irish dairy group Ornua increase revenues 9% in 2016 to €1.8bn. Plus, Compass announces its first-half results; the CMA is to investigate the Just Eat takeover of Hungryhouse; Ahold Delhaize reports it Q1 results; and Eagle Eye appoints a new COO
-
NewsCraft spirits and beers gain shelf space in Asda booze overhaul
The supermarket added over 40 new spirits to its shelves this week in a major push towards the booming craft drinks market
-
NewsChristian Boulter joins Symington's as business unit director
Boulter will start on 15 May and joins from Britvic…
-
NewsJohn Lewis set to fork out £36m in back payments to staff
The group revealed its pay averaging system “did not meet the strict timing requirements” of government regulations
-
NewsStrong Easter drives like-for-like retail sales up 5.6% in April
UK retail sales grow 5.6% in April boosted by Easter, but BRC warns over longer-term prospects for the sector