All Finance articles – Page 589
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News
Activist investor forces Steinhoff to increase Poundland offer
Steinhoff has upped its offer for Poundland by 5p to 225p a share following pressure from activist investors.
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News
Media Bites 11 August: Stock Spirits, Brexit, cashew nut prices, Sainsbury's
A new boss at Stock Spirits and the start of a turnaround in Poland picked up plenty of coverage this morning. The favourite brands of remain and leave voters are revealed; cashew prices soar; and Sainsbury’s apologises for treatment of gay men in a London store.
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News
City snapshot: Profits fizz at Coca-Cola European bottler but currency holds back sales
Coca-Cola HBC increased sales in the first half to expand margins and push up profits but unseasonable weather affected volumes
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News
Stock Spirits new CEO focused on Poland turnaround but deals still on the table
The new CEO at Stock Spirits has reaffirmed the European drinks group’s M&A strategy despite the past disagreements with major shareholders.
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News
Lily’s Kitchen appoints Chris Lock as marketing director
His arrival follows that of new product director Emma Wrigley
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News
Soft drinks won't be hit by 20% sugar reduction target, campaigners claim
Government hopes sugar levy will drive reformulation in soft drinks rather than specific targets
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News
Hot weather promises to send food sales soaring by 10%, says Co-op
A new report concludes food sales could soar by £290m a week with a few days of sizzling temperatures
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News
Media Bites 10 August: Ocado, Morrisons, e-cigs
Ocado and Morrisons announcing a renewed agreement, tweaked from the original signed back in 2013, gave the paper plenty to chew over this morning.
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News
City snapshot: Stock Spirits appoints new CEO as turnaround starts to take shape
Stocks Spirits Group has appointed a new CEO as it seeks to put its boardroom troubles behind it. It comes as the London-listed business posted improved results in the first half.
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Comment & Opinion
Potts’ Ocado deal clicks as a potential win-win for both parties
Ocado is setting to work on the store-picking model, which will allow Morrisons to provide an online grocery service across the country, while Morrisons won’t have to share its profits, and will pay less in terms of R&D costs
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News
Bells Food Group doubles pastry capacity with first phase of £3.6m investment
The investment in new equipment allows Bells to compete for the first time for high volume, commercial pastry contracts.
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News
Fudge's kick-starts growth with expansion to savoury line-up
NPDs are the first since the business was taken over in April
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News
Premier Estates Wine buys new HQ with bank funding
Premier Estates Wine has purchased a new head office in Birmingham’s Jewellery Quarter after receiving a bank funding package worth more than £1.5m.
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News
Kellogg’s cereal hub snapped up for £23.5m
Real estate investment trust Tritax Big Box has purchased a huge Kellogg’s distribution hub in Manchester for £23.5m
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News
Ocado to deliver Morrisons store picking in renegotiated deal
Morrisons has agreed to take 30% of the capacity in Ocado’s new customer fulfilment centre in Erith
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News
Media Bites 9 August: Tyrrells, Walmart
Two big US deals are the focus in today’s papers in terms of retail news as Tyrrells is sold to Amplify Snacks and Walmart buys Jet.com.
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News
Sun shines on retailers in July despite Brexit uncertainty
Food retailers brushed off uncertainty created by the EU referendum result as a July heatwave boosted sales.
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News
Walmart shows online ambitions with $3.3bn Jet deal
Walmart has swooped for online retailer Jet.com in a $3.3bn deal as it seeks to battle the dominance of Amazon.
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News
Abbey Logistics MBO backed by NorthEdge
Liverpool-headquartered Abbey was set up more than 25 years ago by the Lucy family specialising in the liquid food ingredients transportation market.
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News
Highland Speciality supplier undergoes MBO
Highland Speciality supplier Right Angle Marketing has been acquired from its founders in a management buyout.