All Finance articles – Page 566
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Comment & OpinionSix key messages from Mike Coupe on Sainsbury's strategy
The Sainsbury’s CEO was upbeat about strategy today, despite a 1.1% fall in like-for-likes
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NewsInvestors back AB InBev/SABMiller deal as mooted protest fails to materialise
SABMiller investors overwhelming backed the multi-billion takeover offer from AB InBev this morning, dispelling concerns that activist hedge funds would try to derail the deal.
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NewsDavid Lawlor takes over as Kellogg's UK & Ireland MD
He comes from the company’s Russia operation to replace Jonathan Myers
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NewsDunnes Stores draws level with Tesco in Ireland
Dunnes and Tesco now each account for 21.6% of the Irish grocery market
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NewsMedia Bites 28 Sep: AG Barr, Sainsbury's, High street sales
AG Barr is to cut 10% of its workforce as it revealed a 3% fall in half-year sales and criticised the government’s proposed sugar tax as “punitive”
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NewsCity snapshot: Sainsbury’s like for likes down 1.1% in second quarter
Sainsbury’s has announced a 1.1% like for like retail sales fall, excluding fuel, for the 16 weeks to 24 September 2016.
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NewsDr Oetker UK profits up by 64% as efficiencies pay off
UK revenues at pizza and home baking supplier Dr Oetker edged up to £156m last year, but profits jumped by two-thirds driven by operational efficiencies and the accounting treatment of previous acquisitions.
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Comment & OpinionSainsbury’s rolls out fourth ‘emergencies’ service with charming cycling scheme
Sainsbury’s has launched a brainwave of a money-spinner that doesn’t involve buying up 1980s high street brands
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NewsOff-trade beer sales overtake sales in pubs, clubs and bars
Of the 44 million hectolitres of beer sold in Britain 51% of sales came from supermarkets and off-licences with the remain
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NewsMenzies delivery staff suspend strikes after improved offer
Unite members had voted 86% in favour of strike action and 91% for industrial action short of a strike
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NewsSainsbury's extends one-hour bike deliveries across London
A team of 40 shoppers and cyclists will fulfil the orders from branches in Wandsworth and Pimlico
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NewsAG Barr sales lose fizz in challenging grocery environment
Falling prices, changing consumer tastes and a disappointing summer have combined to hit revenues at Irn-Bru maker AG Barr.
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NewsMedia Bites 27 September: Aldi, Sainsbury's, beer, Coca-Cola
Aldi’s financial performance in 2015 receives blanket coverage in this morning’s papers. Sainsbury’s new one-hour delivery trial in London and the latest on the possible merger of Coca-Cola’s Asian bottlers also get a look in.
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NewsAldi results: What the analysts say
Aldi announced another set of record results as sales reached £7.7bn, but profits shrank. What did the industry analysts make of it?
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Comment & OpinionAldi profits may have dropped again but its long game is working
If they ever bring out a Matthew Barnes talking doll, when you yank the string at the back it will squawk: “We will not be beaten on price.”
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NewsKey Food Ingredients seeks rescue deal as rising dairy costs take their toll
Rising dairy prices have pushed a manufacturer of ghee and Asian sauces into administration, with more than 40 jobs at risk unless a buyer can be found.
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NewsMidcounties Co-operative compensates underpaid delivery staff
The society has asked all newspaper delivery staff to come forward so that pay rates can be checked
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NewsAldi plans £300m store refresh amid 11.8% annual sales growth
Aldi is to invest £300m in enhancing its UK stores after posting annual sales of £7.7bn in the year to 31 December 2015.
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NewsMedia Bites 26 Sep: Tesco, AB InBev/SABMiller, Bernard Matthews
Tesco could be called before the Commons inquiry into workplace pensions amid claims that the hole in its pension fund could be up to £6.5bn.
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Analysis & FeaturesThe Grocer/OC&C Top 150 2016: a fertile landscape post Brexit?
It had become a “picture of attrition” for The Grocer/OC&C Top 150 suppliers before the Brexit vote