All Finance articles – Page 565
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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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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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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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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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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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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.
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Analysis & Features
Cranswick wagers on China with Dunbia pork plant deal
It looks a shrewd move despite razor-thin margins in Ballymena
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News
Media Bites 25 November: Iceland, Lidl, Aldi, Tesco
Iceland vs Iceland hits the headlines this morning as the country takes legal action against the frozen supermarket.
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City snapshot: Primal Pantry secures cash injection from food industry heavyweights
Paleo snack bar brand The Primal Pantry has won the backing of three food industry heavyweights as it looks to continue high levels of growth experienced since launching in 2014. Plus, Quorn’s latest export push, and a fall in sales at tea brand Typhoo.
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News
Typhoo tea sales fall as Brexit brews up further trouble for tea brand
Typhoo is the latest casualty in the tea category as falling retail prices, heavy supermarket promotions and flagging demand in the everyday black tea market led to a more than 9% fall in annual sales.
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Quorn gears up for fastest-ever overseas expansion
Quorn is stepping up its ambitious worldwide growth plans with the start of operations in Asia. It has also shaken up the management team with a new CFO and sales director.
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News
Primal Pantry bags investment from trio of industry heavyweights
Mark Palmer, Jeff van der Eems and former Cadbury chief strategy director Mark Reckitt have all taken minority stakes in the business.
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News
Cheddar takes £60m hit as rationalisation affects brands
Brands bore the brunt of these losses as retailers took an axe to ranges
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News
Kitwave buys independent alcohol wholesaler HB Clark
The wholesaler has also announced Jay MacKay will join the group as the new managing director
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News
Media Bites 24 November: Autumn Statement, Walmart, Black Friday, Chapel Down
Reaction and coverage of Chancellor Philip Hammond’s first Autumn Statement dominates the paper this morning.
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News
PayPoint sales decline in first half
Revenues at PayPoint slipped in the first half following the disposal of its online payment businesses but underlying operating profits increased 15.6%