All Finance articles – Page 6
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NewsMedia Bites 2 Jan: Amazon/Deliveroo, Retail sales, Co-op
Amazon’s UK ambitions have been checked by the competition watchdog after it launched an in-depth investigation into the online retailer’s purchase of a stake in food delivery company Deliveroo.
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Off-Piste Wines sells stake to investment firm BGF
The Grocer first revealed Off-Piste had kicked off a hunt for investment in March this year
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Investment firm True snaps up Soulfresh stake in £26m deal
Soulfresh owns 11 brands including Lo Bros kombucha and Nutty Bruce plant milk
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Spar wholesaler James Hall reports turnover boost of 7%
Profits, however, have fallen 8% in the same period
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Original Factory Shop reports fmcg sales rise after adding 300 lines
The variety discounter began expanding its fmcg range around 12 months ago
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Farmdrop postpones crowdfunding campaign
The company made the decision after receiving an ‘incremental equity investment’ from an existing investor
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City snapshot: December sees sharp increase in consumer economic optimism
Expectations for the economic performance of the UK have increased sharply as consumer confidence begins to improve. Plus, both suitors of Just Eat have increased their offer for the online takeaway firm as the takeover saga moves towards a conclusion and all the rest of the latest news from the City.
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Media Bites 20 Dec: Just Eat, Retail sales, Stock Spirits
Takeaway.com within reach of Just Eat after both suitors fired their last shots in the increasingly acrimonious struggle.
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Retail sales slump in the run-up to Christmas
UK retail sales fell back 0.6% in November, amid a continued slump in non-food sales.
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Ocado seeks to launch contempt case against Jonathan Faiman’s lawyer
Ocado is separately suing Faiman for “industrial espionage”
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Dhamecha Group reports £40m increase in sales
Operating profits at the cash & carry operator rose 8.3% to £13m for the year
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CBD gin startup Muhu eyes £150k fundraise
The brand was launched by on a £1,300 budget earlier this year
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City snapshot: PayPoint CEO Patrick Headon steps down
PayPoint has announced that its chief executive Patrick Headon has stepped down from his role following an illness-related leave of absence.
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Media Bites 19 Dec: Inflation, Farmland IPO, Swine fever
UK inflation remained at a three-year low last month as a rise in grocery bills was offset by a slowdown in restaurant and hotel prices.
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UK inflation remains at three-year low despite rising food and drink prices
Rising food and drink prices failed to shift the UK’s overall measure of inflationary growth from a three-year low of 1.5% in November.
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JAB Holdings plans multibillion euro coffee IPO
Investment giant and global coffee player JAB Holdings has announced it is exploring a multibillion euro float of its Jacobs Douwe Egberts and Peet’s Coffee brands.
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Media Bites 18 Dec: Unilever, Brexit/Pound, British American Tobacco
Unilever’s warning it will miss growth targets puts pressure on chief executive Alan Jope to revive the consumer goods group as his first year in the job comes to an end.
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Lily’s Kitchen boosts European distribution with major German deal
Lily’s Kitchen has ramped up its international expansion by agreeing a deal with Germany’s biggest pet food retailer Fressnapf.
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Cranswick buys pig farming business Packington Pork
Cranswick has announced the acquisition of premium outdoor pig farming business Packington Pork from the Mercer family.
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Unilever cuts sales growth expectations
Unilever has announced that its underlying sales growth for 2019 will be below current expectations due to “challenges” in some of its regions.
