All Finance articles – Page 588
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Analysis & Features
Store revamps deliver Majestic sales revival
With Majestic Wine stores reporting their first annual like-for-like sales rise in four years it’s increasingly clear that new CEO Rowan Gormley’s investment in revamping its store estate is starting to pay-off.
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News
City snapshot: Chancellor calms markets in wake of Brexit
Chancellor George Osborne has warned that it is “inevitable” that the UK economy will have to adjust in the wake of Brexit but said there will be no immediate emergency Budget.
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News
Media Bites 27 June: Brexit, Ocado, Innocent, Walmart, B&M, Warburtons
Unsurprisingly, the papers are dominated by the vote for Brexit and the fallout of EU referendum as City economists warn that Brexit vote will plunge UK into a new recession.
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News
Grocery at the forefront of change in wake of Brexit IGD warns
IGD’s 17-page Brexit report promises to guide UK grocery businesses in wake of Brexit…
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News
Lidl: Brexit won't deter UK investment
The discounter will stick to its plans for new stores, warehouses and jobs
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News
Did the industry, after all, 'sleepwalk into Brexit'?
The inquest begins into whether industry leaders did enough to make the case against a leave vote…
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News
Brexit leaves Poundland potential takeover in the balance
South African retail giant Steinhoff is weighing up whether to make a bid for Poundland in the wake of Brexit.
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News
The City reacts to Brexit: Initial panic subsides
The FTSE 100 has fallen 3.2% today following the UK’s vote to leave the EU, wiping more than £50bn off the value of UK shares but recovering from catestrophic early falls.
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News
Fears for fresh food sector in wake of Brexit vote
Sector’s ability to harvest its 100,000 tonne annual crop “now in question”
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News
UK votes to leave EU: the industry reacts to Brexit
The UK has voted to leave the EU by 51.9% to 48.1%, sending shockwaves through the country and around the world…
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News
City snapshot: Brexit vote sends grocery stocks plummeting
Grocery stocks have plunged by up to 30% so far this morning as world stock markets went into freefall and the pound tumbled to a 30-year low after Britain voted to leave the European Union.
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News
Media Bites 24 June: Tesco, BHS, M&S
Tesco quarter one results dominate the business pages this morning, with the supermarket attributing its second straight quarter of sales growth in part to its fresh farm food range.
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News
Simsons Fisheries thrown a lifeline in rescue deal
Seafood supplier Simsons Fisheries has snapped up out of administration by rival business James Knight of Mayfair, saving the jobs of all the staff.
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Analysis & Features
Dave Lewis vindicated on Farms brands as Tesco sales rise
The seven new brands, featuring 70 own-label products, attracted fierce criticism from some quarters when they were launched
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Analysis & Features
Tesco's like-for-likes rise: what the analysts are saying
Broad consensus over solid results for UK’s biggest retailer
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News
Holland & Barrett sales and profits soar
The retailer has demanded a reduction in costs of at least 5% to help fund its ambitious expansion plans
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News
Media Bites 23 June: Morrisons, Tesco, ABF
Morrisons has offered to rehire former employees who may lose their jobs as a result of the expected administration of My Local, the convenience store group it sold last year.
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News
Tesco first quarter like-for-like sales up 0.9% as it sells Harris + Hoole
Tesco has reported group like-for-like sales grew by 0.9% in the 13 weeks to 28 May, including its second quarter of like-for-like UK growth for the first time in more than five years.
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Comment & Opinion
Brexit in the balance as businesses have their final say
It’s genuinely hard to find a major player on the world stage that publicly advocates Brexit, unless you count Donald Trump
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News
Zenith Hygiene acquires CCL Pentasol
Zenith Hygiene Group has agreed to acquire chemical manufacturer CCL Pentasol to break into new markets in the food, drink and dairy industries.