All Finance articles – Page 580
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NewsMeridian eyes PE cash to fuel nut butter sales
Spreads business Meridian has hired corporate advisors to explore sale options
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Analysis & FeaturesEnd of sugar quotas 'risks health goals'
Britain could be facing a “new era” of low sugar prices with the removal of the quota, claims analyst Investec
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NewsKellogg appoints former Coke and AB InBev exec as CEO as Bryant retires
Kellogg CEO John Bryant is stepping down from the helm of the global cereal and snack supplier next week after seven years in the role
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NewsMeat The Alternative to take on Quorn with chilled branded range
The supplier has created an 11-strong range of meals
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NewsMedia Bites 28 September: Hotel Chocolat, Palmer & Harvey, M&S, WH Smith, Cargill
Hotel Chocolat’s full-year results attract the attention of the papers this morning; with updates on P&H rescue deal, news of the death of a former M&S boss, and an examination of the WH Smith share price.
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NewsCity snapshot: Imperial Brands in late-night talks over Palmer & Harvey rescue deal
Tobacco giant Imperial Brands (IMB) confirmed it was involved in late-night talks last night over a rescue deal for wholesaler Palmer & Harvey. Plus, Produce Investment boosts sales despite difficult year for potato grower; the CMA finds competition concerns in Vision Express takeover of Tesco Opticians; and SSP Group reports strong fourth quarter
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NewsCrawshaw Group shares sink as losses widen at value meat retailer
Shares in value meat retail chain Crawshaw Group plunged more than 12% today as its first-half losses widened on the back of the devaluation of sterling and investment in lowering prices in an attempt to lure back customers.
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NewsJury told Tesco fraud trial could last 'into the new year'
Case involving three former Tesco directors is expected to be opened on Friday
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NewsSteven Watson joins Darren Goldney in departing P&H
Commercial director Darren Goldney has left to take up a new role as MD of Today’s Group
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NewsMcVitie's cuts number of Jaffa Cakes in pack from 12 to 10
McVitie’s has also reduced the size of the snack’s twin-pack from 24 to 20
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NewsPropercorn axes ‘half-popped’ Corn Crunch range
The four-strong lineup was delisted due to the prohibitive costs of marketing
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NewsHotel Chocolat set to unveil new app and loyalty scheme
The app will give “very different functionality and capabilities” to the site
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NewsAdjudicator launches new probe into three supplier issues
Tacon has released a new survey calling on suppliers to come forward with evidence
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NewsMedia Bites 27 September: Nestlé, AG Barr, Jaffa Cakes
Nestlé has for the first time set a target for increasing profit margins as CEO Ulf Mark Schneider unveils new strategy in London; AG Barr powers sales with new recipes despite passing on price rises; and Jaffa Cakes become the latest casualty of shrinking pack sizes in supermarket aisles.
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NewsCity snapshot: Hotel Chocolat doubles profits on healthy sales hike
Profits have doubled at Hotel Chocolat as investment in new stores, a new website and expansion in factory capacity helped drive a 12% jump in full-year revenues to £105.2m. Plus, losses widen at value meat retailer Crawshaw in the first half; and PZ Cussons warns tough trading conditions in most of its markets wil remain all year
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NewsGreggs wary of the Thorntons factor despite Iceland success
Greggs CEO Roger Whiteside hailed the success of its Iceland partnership but does not want to go into other retailers
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NewsMetcalfe's Skinny owner Kettle Foods acquires Cornpoppers popcorn brand
Snack producer Kettle Foods has expanded its popcorn footprint with the acquisition of Cornpoppers for an undisclosed price.
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NewsBestway looks for bigger slice of foodservice with revamp
Wholesaler is aiming for foodservice to account for 20% of its sales
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NewsMedia Bites 26 September: Aldi, sterling, Unilever, gin
Aldi’s annual results, with record sales but a hefty profits drop, falls under the media spotlight this morning.
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NewsCity snapshot: Reformulated Irn-Bru boosts AG Barr but cost pressures bite
Price inflation and the reformulation of its Irn-Bru and Rubicon range helped AG Barr boost sales during the first half, but increased brand investment and other cost pressure squeezed margins at the soft drinks producer