All Finance articles – Page 575
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News
Morrisons sells 10% stake in Fresh Direct back to US grocer for £45m
Morrisons took the stake in 2011 when it was exploring options for launching an online grocery offer
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UK inflation hits its highest point since November 2014
UK inflation is at its highest level for almost two years after the Office of National Statistics announced the Consumer Prices Index rose to 0.6% in the year to July.
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The Co-op hits halfway mark in London store openings plan
The Co-op said London was the fastest-growing region for convenience shopping
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Barney Davis hired as Lanchester Wines commercial boss
Davis left his job as a consultant to wine and spirits supplier Kingsland Drinks earlier this month
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Danny Trejo back on TV for £3.7m Old El Paso Mini push
Half of the new range’s media investment has been spent on online activity
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City snapshot: Industry unites behind sugar tax fight
The food and drink industry has clubbed together to launch a new campaign to fight the sugar tax
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Media Bites 16 August: Brexit, Sugar tax, Pensions
“Sterling sinks as market braces for truth on Brexit” is the main story in The Times this morning.
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High street footfall creeps up despite predictions of doom
BRC figures also show the national town centre vacancy rate rose to 10.1%
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Lidl brings forward commitment to phase out caged hen eggs
Lidl has decided to align with the rest of the market and all other UK supermarkets
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TV push for Hula Hoops Golden Hoops in £1.5m spend
The ad will run until 25 September to promote the crisps as a ‘permissible snacking’ option
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Media Bites 15 August: Morrisons, Ocado, Walmart, SABMiller
There is plenty to chew over in the papers this week despite the summer season being in full flow.
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Supermarkets sales dip below £100bn as price war bites
A fierce price war and battling to win back shoppers from discounters Aldi and Lidl has pushed supermarket sales below £100bn for the first time in six years.
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Analysis & Features
Tyrrells sets out to bag the North American market
bIt’s already an accomplished exporter. Now, with a new owner, it aims to be “the biggest premium snack brand in the world”
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News
Nestlé workers accept pension package after year of talks
A two-year 3% pay rise aims to lessen the impact of increased contributions for employees
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Mondelez snaps up Cadbury biscuit licence from Burton’s Biscuit Company
Mondelez International has united the confectionery and biscuit arms of Cadbury after acquiring the rights for the licence to make Fingers and Animals from Burton’s Biscuit Company.
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Ocado wins over the City with signing of Morrisons deal
The new agreement between Morrisons and Ocado sent Ocado shares soaring this week
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Analysis & Features
Online shopping: how can supermarkets make money?
Delivery is popular, but supermarkets struggle to make money from it. So how can they start turning clicks into cash?
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News
City snapshot: Bear targets international growth after 37% sales jump
Healthy snack brands Bear and Urban Fruit saw sales grow by 37% in the year it was taken over by Belgian bakery Lotus. Poundland hopes to be owned by Steinhoff by 16 September, but like for likes for 19 weeks to 7 August are down 4.9%, plus all the rest of the news from the City.
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News
Media Bites 12 Aug: Steinhoff/Poundland, Coca-Cola HBC, BHS
Steinhoff’s improved offer for Poundland yesterday is the major retail story in this morning’s papers.
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News
Bear sales soar in run up to Lotus takeover
Snack brands Bear and Urban Fruit recorded another year of healthy growth in the run up to being snapped up by Belgian bakery Lotus for £71m, as parents looked for easy ways to get their kids to eat fruit.