All Finance articles – Page 585
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NewsMondelez abandons Hershey takeover deal
Mondelēz announced yesterday it has abandoned its bid for Hershey after deciding “there is no actionable path forwards”
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NewsMedia Bites 30 Aug: M&S, Supermarket shares, Mondelez
The new boss of Marks & Spencer is planning a U-turn on his predecessor’s foray overseas.
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NewsPropercorn confirms £7m cash injection
Fast-growing UK popcorn brand Propercorn has confirmed it has received a £7m investment from private equity player Piper and JamJar
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NewsMega-brew merger puts UK jobs at risk as London head office closure confirmed
AB InBev’s buyout of SABMiller is “likely” to involve the loss of UK roles after the offer document confirmed plans to establishe a global HQ in Leuven, Belgium
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Analysis & FeaturesCity news: Steady WH Smith reassures the market
WH Smith said its new store opening programme in the UK and internationally “is on track”
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NewsRio summer boosts sales but not everyone's a winner
Tropical temperatures and Team GB’s efforts in Rio helped the supermarkets record their best sales for almost three years
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NewsCity snapshot: Non-EU exports boom pre-Brexit
New FDF figures show non-EU food and drink exports are rapidly growing and make up almost a third of total exports
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NewsMedia Bites 26 Aug: Consumer spend, Discounters, PizzaExpress
Consumer spending surged to a six-month high in August as tourists flocked to UK high streets to take advantage of the weak pound, according to the CBI.
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NewsBargain stores overtake Aldi and Lidl in popularity
Sales at variety discount stores such as Poundland, B&M and Home Bargains have soared by 17% to £4.9bn in the past year.
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NewsNon-EU exports of UK food & drink soar 14%
Food and drink exports to non-EU countries rose by 14% year on year in the run up to the Brexit vote, new figures from the FDF have revealed
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NewsRafael Oliveira takes over as Kraft Heinz UK & Ireland MD
The role has been held by president of Kraft Heinz Europe Matt Hill on an interim basis since March
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NewsTesco extends same-day click & collect with added charges
New pick-up slots will be £2 from Monday to Thursday and £3 on Fridays
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NewsCity Snapshot: Ahold and Delhaize post pre-merger sales growth
The newly combined Ahold Delhaize (AD) has “kicked off with good momentum” after both Ahold and Delhaize Group reported strong second quarter results
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NewsMedia Bites 25 Aug: Tesco, Amazon, WH Group
Tesco has fired the latest salvo in what is being dubbed the “time wars” between food retailers by launching a same-day click and collect service for grocery orders.
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NewsAverage household bins a month's worth of food every year
Amost half of Brits keep bread in the fridge even though this speeds up the growth of mould
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NewsM&S petitioned by MPs over cuts to wage premiums
Campaigners say 11,000 workers in receipt of premiums for antisocial hours could be left worse off
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Comment & OpinionSugar tax sets a dangerous precedent
Manufacturers and retailers have been taking action for several years to reduce sugar and calorie intake from soft drinks
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NewsStrong travel performance puts WH Smith on track
WH Smith (SMWH) has announced this morning it is on track to meet market expectations for its full-year trading after strong performance in its travel division
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NewsMedia Bites 24 Aug: Supermarket sales, SABMiller, UK exports
The arrival of warm weather and a gold-tinged Olympics feelgood factor has boosted British supermarket sales over the past three months
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NewsHigh Court backs SABMiller’s request to split crucial merger vote
The UK High Court has approved SABMiller’s plan to hold two separate shareholder votes on the AB InBev takeover deal, potentially putting the global mega-deal under threat.