All Finance articles – Page 594
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NewsTesco to axe 1,200 jobs at its head office
A quarter of staff at its Welwyn Garden City HQ are facing redundancy, a week after Tesco announced 1,100 jobs were to go at its Cardiff call centre
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NewsCoffee giants vow to act on faecal bacteria in ice
A BBC investigation found ice from Costa Coffee, Starbucks and Caffè Nero contained bacteria from faeces
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NewsCrawshaws upbeat despite 4.5% like-for-like sales drop in first 20 weeks
Listed butchery chain Crawshaw Group insists it is making “good progress” despite a 4.5% drop in like-for-like sales in the first 20 weeks of its financial year.
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NewsMedia Bites 28 June: Supermarket sales, Nestlé, Co-op Bank, BHS
The mix of warm weather and mounting food price inflation has driven supermarket sales growth to its highest point for five years.
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NewsNestlé launches £16.3bn share buyback as investor pressure mounts
Nestlé has announced a CHF20bn (£16.3bn) share buyback scheme as part of a new strategy after pressure
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NewsMcBride refinances debt to cut costs by £2m a year
Private label consumer goods manufacturer McBride (MCB) has refinanced its existing banking facilities to buy back previously issued bonds and support its “Repair, Prepare, Grow” strategy.
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NewsElection result triggers collapse in consumer confidence
Consumer confidence is at the second-lowest level since the summer of 2013
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NewsWarm June weather boosts supermarket sales growth to multi-year high
Warm weather in June helped the UK grocers to their largest monthly year-on-year rise in sales since July 2013, according to market share data from Nielsen, while Kantar Worldpanel finds the best supermarket growth since March 2012.
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NewsMedia Bites 27 June: Nestlé, Co-op Bank, Amazon, Asda
News activist investor Third Point has taken a multi-billion dollar stake in Nestlé to try to force the Swiss consumer goods group to be more aggressive is well covered in the papers.
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Comment & OpinionUber-style surge pricing in supermarkets is uber-unlikely
The replacing of paper shelf-edge labels in some stores with electronic ones could mean prices go down rather than up
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NewsSuppliers report 'dramatic' improvements in GCA compliance
Christine Tacon agrees one year extension to her role as report shows huge progress across key areas prioritised by the Groceries Code Adjudicator
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NewsHolland & Barrett bought for £1.77bn
An investment fund controlled by a Russian billionaire has bought health food retail chain Holland & Barrett for £1.77bn.
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NewsMedia Bites 26 June: Sainsbury's/Nisa, Holland & Barrett, Tesco, Co-op Bank
Sainsbury’s is attempting to quell a possible rebellion over its planned takeover of Nisa with a proposal that shopkeepers can remain independent after the deal.
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Analysis & FeaturesThe trouble with crowdfunding
What’s the success rate for crowdfunded startups? And is there adequate protection, or are punters just punks? We take a look at the winners … and losers
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NewsEnglish Tea Shop joins forces with Joe's Tea Company
Two UK speciality organic tea brands are joining forces to build an £11m operation to take advantage of booming sales of speciality teas
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Analysis & FeaturesWhat the Whole Foods tie-up will mean for Amazon
Amazon’s food armoury had lacked crucial weapons. Not any more
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NewsWalmart tipped to start bidding war for Whole Foods
A rival bid could block Amazon’s expansion into grocery, says JP Morgan
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NewsCity snapshot: English Tea Shop buys Joe’s Tea Company
Two UK speciality organic tea brands are joining forces to build an £11m operation to take advantage of booming sales of speciality teas. Plus, a look at the finance stories in this week’s edition of The Grocer, supermarket shares fall again and all the latest news from the City
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NewsMedia Bites 23 June: Heineken, Exports, B&M Bargains
Mexico looks to call the shots over Heineken’s tequila beer in row over tequila content in Desperados lager
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NewsJBS faces struggle to find a buyer for Moy Park
The Northern Ireland-headquartered supplier is one of the biggest poultry processors in Europe