All Finance articles – Page 583
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News
Vitalife in crowdfunding bid for Love Health Hate Waste
It plans to raise £100,000 on Crowdcube to fund a further rollout of the Love Health Hate Waste concept
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City News: Hotel Chocolat shares boosted by sales rise
A better-than-expected rise in full-year sales injected some life into Hotel Chocolat shares this week
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Media Bites 15 July: Bayer/Monsanto, Hershey/Mondelez, Steinhoff/Poundland
The papers feature stories on three different takeover sagas, all at different stages with their own hurdles to clear.
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City snapshot: Steinhoff £600m Poundland bid faces pressure from activist fund manager
Steinhoff’s £600m takeover bid for Poundland has been complicated by an activist hedge fund building up a sizable stake in the beleaguered fixed-priced discounter.
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McColl's set to buy 298 stores from the Co-op
McColl’s Retail Group has agreed to buy 298 stores from the Co-op in a “transformational” £117m deal
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Mindful Chef launches £400k funding campaign
Recipe box start-up Mindful Chef is seeking £400,000 in a crowdfunding campaign to raise the profile of the business.
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Andrea Leadsom becomes Defra secretary in May’s new government
Leadsom replaces Liz Truss, who has been promoted to the role of justice secretary
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News
First quarter like-for-like sales flat at B&M Bargains
B&M European Value Retail, owner of B&M Bargains, has reported flat UK like-for-like sales in its first quarter trading update this morning
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Media Bites 14 July: Poundland, Co-op/McColls, Amazon
The agreement of Poundland’s £597m to South Africa’s Steinhoff Group is heavily covered in the papers this morning.
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Co-op sells 298 smaller stores to McColl's for £117m
The deal is now subject to approval from the CMA and McColl’s shareholders
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Steinhoff's Poundland deal could mean "more rapid" move to multi-price
Poundland’s near-£600m sale to South Africa’s Steinhoff Group could hasten its shift to becoming a multi-price format retailer, industry analysts predict.
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Comment & Opinion
What does Britain’s new PM mean for food & drink?
The UK is now in for a steep learning curve on its new PM
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News
Ocado links with Marie Claire for beauty product deliveries
The online retailer will deliver high-end brands such as Bobbi Brown with food shops
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Raisio sells Halo Foods for a loss to 'hands-on' investor
Raisio Group has sold its UK snack bar business Halo Foods to Dutch investor Nimbus, taking a €19m (£15.9m) hit on the disposal.
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Media Bites 13 July: M&S, SABMiller, Hotel Chocolat
Marks & Spencer is offering small investors a direct line to the boardroom with the creation of a shareholder panel to scrutinise performance.
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Poundland agrees £597m sale to Steinhoff
The board of Poundland has agreed to a 222p per share sale to South African retail group
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Banham Poultry slips to loss as chicken fillets hit by grocery price war
Fast 50 new entry Banham Poultry tumbled to a pre-tax loss last year after pressure to reduce prices amid rising wage costs hit profits.
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Comment & Opinion
Will Prime Day 2016 show Amazon’s Black Friday alternative is coming of age?
As well as the extra traffic to the site and money coming in, the real big deal for Amazon is Prime membership
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News
Spar retailer Eat 17 snaps up My Local site
The new store in Whitstable will open on Wednesday 20 July – just three weeks after My Local went into administration
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Iceland opens its first dark store
Retailer claims “very strong growth” for its online shopping service