All Finance articles – Page 557
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Analysis & Features
Which of the grocers has "won" Christmas?
Ahead of a busy week of grocery trading updates there are good reasons to think the supermarkets had a far better time of things over the festive period.
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News
High Noon Stores goes into administration after stores close
The Grocer understands that customers were experiencing issues with fuel shortages at several sites late last year
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News
Poundworld slips to a loss as it invests in growth
Poundworld has fallen into the red despite sales growing another £40m last year as new private equity owner TPG Capital invested in future growth.
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News
Record year for Direct Food Ingredients
Direct Food Ingredients has increased sales 29% to a record £17.6m in 2016 thanks to the expansion of its client business and the introduction of new product ranges.
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News
Aldi reports record sales over Christmas
The discounter attributes a 15% year-on-year uplift to strong demand for premium products
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News
Turkey's Bebeto acquires Dexters Confectionery
Bebeto aims to become one of the top five confectionery brands in the UK by 2020
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News
Collins Seafoods margins squeezed by rising fish prices
Supplier warns seafood prices will increase this year as a result of the weak pound
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News
City snapshot: Consumer spending growth slows over Christmas
Consumer spending rose by 2.6% year-on-year in the festive period, though this represents a slowdown from a strong November according to Visa
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News
Media Bites 9 Jan: Christmas trading forecasts, Bernard Matthews, Online shopping
Tesco and Morrisons are expected to produce robust Christmas trading performances this week.
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Analysis & Features
"Well positioned" B&M benefits from Christmas momentum
As general retailers suffered this week on a gloomy outlook for 2017, the City rushed to grab a piece of B&M European Value Retail, with discounters seen as a safe haven in uncertain times.
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News
Livestock price deflation takes £40m chunk from Dunbia sales
Turnover for the year to 27 March 2016 slid 4.7% to £787.5m
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Analysis & Features
Amidst big upheaval Lewis and Potts impress the City...
…while a small chocolatier not only lists but moves into lift-off. But what’s the outlook for 2017?…
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News
Rowse Honey sees £17m wiped from turnover
The Valeo Foods-owned business suffered a 15% fall in sales but profits rose 52%
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News
NFT Distribution looks to future growth after reporting loss
Food logistics group NFT Distribution has fallen into the red during a challenging year for its grocery customers but the group said it was “well-placed” for future sustained profitable growth.
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News
Paynes Dairies revenues hit by falling milk price
The fall in turnover from £85.6m to £68m reflected the decline in the cost of milk
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News
Meantime Brewery sales and profits fizz on craft beer boom
Increased sales in supermarkets of Meantime brands contributed to the £10m jump in revenues to £26.5m in the 15 months to 31 March 2016.
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News
Ministry of Cake taken over by Mademoiselle Desserts
French patisserie manufacturer Mademoiselle Desserts has swallowed Ministry of Cake as part of plans to expand its UK presence.
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News
Media Bites 6 December: High street, Boots, Aldi, PureCircle
Britain’s retail sector weathered its fourth poor December in a row with negative like-for-like sales growth on the high street; Boots owner struggles with weak pound and Aldi raises wages for shop floor staff.
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News
Crawshaw Christmas recovery eats into profit margins
Value meat retailer Crawshaw Group has continued to make progress in its turnaround as sales over Christmas improved thanks to a festive hamper and higher footfall in store.